Business Segments · Operating Income (Loss)
Recorded Music — Operating Income (Loss)
Warner Music Group Recorded Music — Operating Income (Loss) decreased by 12.5% to $288.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.9%, from $203.00M to $288.00M. Over 3 years (FY 2021 to FY 2024), Recorded Music — Operating Income (Loss) shows an upward trend with a 7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ2 2026May 7, 2026
Rolls up toOperating Income
How to read this metric
Higher operating income indicates strong market demand and effective cost management within the segment.
Detailed definition
Measures the profitability of the recorded music segment by subtracting operating expenses, including cost of revenue an...
Peer comparison
The standard measure of segment-level profitability used across all industries.
Metric ID:
wmg_segment_recorded_music_operating_income_lossHistorical Data
18 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $197.00M | $129.00M | $276.00M | $189.00M | $166.00M | $165.00M | $283.00M | $151.00M | $207.00M | $234.00M | $229.00M | $229.00M | $229.00M | $229.00M | $238.00M | $203.00M | $329.00M | $288.00M |
| QoQ Change | — | -34.5% | +114.0% | -31.5% | -12.2% | -0.6% | +71.5% | -46.6% | +37.1% | +13.0% | -2.1% | +0.0% | +0.0% | +0.0% | +3.9% | -14.7% | +62.1% | -12.5% |
| YoY Change | — | — | — | — | -15.7% | +27.9% | +2.5% | -20.1% | +24.7% | +41.8% | -19.1% | +51.7% | +10.6% | -2.1% | +3.9% | -11.4% | +38.2% | +41.9% |
Range$129.00M – $329.00M
CAGR+9.3%
Avg YoY Growth+12.5%
Median YoY Growth+7.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Warner Music Group's recorded music — operating income (loss)?
- Warner Music Group (WMG) reported recorded music — operating income (loss) of $288.00M in Q1 2026.
- How has Warner Music Group's recorded music — operating income (loss) changed year-over-year?
- Warner Music Group's recorded music — operating income (loss) increased by 41.9% year-over-year, from $203.00M to $288.00M.
- What is the long-term trend for Warner Music Group's recorded music — operating income (loss)?
- Over 3 years (2021 to 2024), Warner Music Group's recorded music — operating income (loss) has grown at a 7.7% compound annual growth rate (CAGR), from $733.00M to $916.00M.
- What does recorded music — operating income (loss) mean?
- The profit generated by the recorded music business before interest and taxes.