Warner Music (WMG) reported $6.7B in revenue for fiscal 2025, +4.4% year on year. That ranks #665 by revenue among 2853 SEC filers and #23 in Communication services. Net income was $365M, a net margin of 5.4%. Revenue has grown 7.0% a year on average since 2012 ($2.8B then). The fiscal 2025 balance sheet shows $10.0B in total assets, $751M in cash and $4.4B in long-term debt.

Key figures

$2.8B2012$2.9B2013$3.0B2014$3.0B2015$3.2B2016$3.6B2017$4.0B2018$4.5B2019$4.5B2020$5.3B2021$5.9B2022$6.0B2023$6.4B2024$6.7B2025
Warner Music — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$6.7B+4.4%FY20252025-09-30
Gross profitNot reported—
Operating incomeOperatingIncomeLoss$694M−15.7%FY20252025-09-30
Net incomeNetIncomeLoss$365M−16.1%FY20252025-09-30
Operating cash flowNetCashProvidedByUsedInOperatingActivities$678M−10.1%FY20252025-09-30
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$139M+19.8%FY20252025-09-30
Total assetsAssets$10.0B+9.5%FY20252025-12-31
Shareholders' equityStockholdersEquity$720M+32.1%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$751M−6.4%FY20252025-12-31
Long-term debtLongTermDebt$4.4B+10.5%FY20252025-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Warner Music — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$1.7B$183MOpen →
Q2 20262026-06-30$1.9B$204MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Where this sits in its sector

Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.

Warner Music — Where this sits in its sector
Where this sits in its sectorFY2025Position in sector
Net marginRank 35 of 83 companies compared5.4%
Operating marginRank 41 of 82 companies compared10.3%
Cash as share of revenueRank 48 of 82 companies compared11.2%

All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.

Profile

Legal name
Warner Music Group Corp.
Ticker
WMG
Exchange
Nasdaq
SIC classification
Services-Amusement & Recreation Services (7900)
Fiscal year end
09-30
CIK
0001319161

Filings

Similar in size, same sector

CompanyRevenueNet income
Sirius XMSIRI$8.6B$805M
NewsNWSA$8.5B$1.3B
Thomson ReutersTRI$7.5B$1.5B
Warner MusicWMG$6.7B$365M
Versant MediaVSNT$6.7B$930M
DraftkingsDKNG$6.1B$3.7M
Millicom International CellularTIGO$5.8B$1.3B

See the full ranking →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Warner Music — Key figures |url=https://companiesranked.com/en/company/warner-music |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Warner Music — Key figures. CompaniesRanked. https://companiesranked.com/en/company/warner-music

BibTeX

@misc{companiesranked-en-company-warner-music-2026,
  author       = {{CompaniesRanked}},
  title        = {{Warner Music — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/warner-music}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.