Business Segments · Revenue
Recorded Music — Revenue
Warner Music Group Recorded Music — Revenue decreased by 6.8% to $1.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.4%, from $1.18B to $1.38B. Over 4 years (FY 2021 to FY 2025), Recorded Music — Revenue shows an upward trend with a 4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ2 2026May 7, 2026
Rolls up toTotal Revenue
How to read this metric
An increase indicates strong artist performance and market demand for the company's music catalog.
Detailed definition
Represents the total gross income generated from the sale, streaming, and licensing of recorded music assets. This inclu...
Peer comparison
Standard revenue metric across all major record labels and music publishers.
Metric ID:
wmg_segment_recorded_music_revenueHistorical Data
20 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 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.15B | $1.17B | $1.39B | $1.15B | $1.19B | $1.24B | $1.24B | $1.14B | $1.28B | $1.29B | $1.45B | $1.19B | $1.25B | $1.34B | $1.35B | $1.18B | $1.35B | $1.53B | $1.48B | $1.38B |
| QoQ Change | — | +1.7% | +18.3% | -17.2% | +3.7% | +4.6% | -0.4% | -7.7% | +12.2% | +0.7% | +11.9% | -17.7% | +5.2% | +7.0% | +0.5% | -12.6% | +15.2% | +13.3% | -3.5% | -6.8% |
| YoY Change | — | — | — | — | +3.2% | +6.1% | -10.6% | -0.3% | +7.8% | +3.8% | +16.6% | +4.0% | -2.4% | +3.6% | -6.9% | -1.2% | +8.2% | +14.6% | +10.0% | +17.4% |
Range$1.14B – $1.53B
CAGR+3.9%
Avg YoY Growth+4.6%
Median YoY Growth+3.9%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Warner Music Group's recorded music — revenue?
- Warner Music Group (WMG) reported recorded music — revenue of $1.38B in Q1 2026.
- How has Warner Music Group's recorded music — revenue changed year-over-year?
- Warner Music Group's recorded music — revenue increased by 17.4% year-over-year, from $1.18B to $1.38B.
- What is the long-term trend for Warner Music Group's recorded music — revenue?
- Over 4 years (2021 to 2025), Warner Music Group's recorded music — revenue has grown at a 4.4% compound annual growth rate (CAGR), from $4.54B to $5.41B.
- What does recorded music — revenue mean?
- Total income generated from the recorded music business segment.