Products & Services · Revenue

Total digital and physical — Revenue

Warner Music Group Total digital and physical — Revenue decreased by 1.4% to $1.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $953.00M to $1.11B. Over 4 years (FY 2021 to FY 2025), Total digital and physical — Revenue shows an upward trend with a 3.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ2 2026May 7, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates strong consumer demand for the company's music catalog and successful monetization of new releases across all distribution channels, while a decrease may signal declining market share or shifts in consumer listening habits.

Detailed definition

This metric represents the total revenue generated from the sale and distribution of recorded music through both digital...

Peer comparison

This is a standard revenue stream for major record labels and music publishers, comparable to 'Recorded Music Revenue' reported by competitors like Universal Music Group or Sony Music Entertainment.

Metric ID: wmg_segment_total_digital_and_physical_revenue

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$945.00M$934.00M$1.07B$926.00M$924.00M$953.00M$936.00M$914.00M$972.00M$1.01B$1.06B$959.00M$1.00B$1.02B$1.04B$953.00M$1.05B$1.08B$1.13B$1.11B
QoQ Change-1.2%+14.0%-13.1%-0.2%+3.1%-1.8%-2.4%+6.3%+3.6%+5.5%-9.7%+4.5%+1.3%+2.4%-8.3%+10.0%+3.1%+4.3%-1.4%
YoY Change-2.2%+2.0%-12.1%-1.3%+5.2%+5.7%+13.5%+4.9%+3.1%+0.8%-2.2%-0.6%+4.6%+6.5%+8.6%+16.7%
Range$914.00M$1.13B
CAGR+3.5%
Avg YoY Growth+3.3%
Median YoY Growth+3.8%

Frequently Asked Questions

What is Warner Music Group's total digital and physical — revenue?
Warner Music Group (WMG) reported total digital and physical — revenue of $1.11B in Q1 2026.
How has Warner Music Group's total digital and physical — revenue changed year-over-year?
Warner Music Group's total digital and physical — revenue increased by 16.7% year-over-year, from $953.00M to $1.11B.
What is the long-term trend for Warner Music Group's total digital and physical — revenue?
Over 4 years (2021 to 2025), Warner Music Group's total digital and physical — revenue has grown at a 3.1% compound annual growth rate (CAGR), from $3.65B to $4.12B.
What does total digital and physical — revenue mean?
The total revenue earned from selling recorded music via digital streaming and physical products.