Cost of revenue · 2012–2025

Warner Music cost of revenue

$3.6B+8.3% · FY2025

Warner Music (WMG) reported $3.6B in cost of revenue for fiscal 2025, +8.3% year on year.

$1.5B2012$1.5B2013$1.6B2014$1.5B2015$1.7B2016$1.9B2017$2.2B2018$2.4B2019$2.3B2020$2.7B2021$3.1B2022$3.2B2023$3.4B2024$3.6B2025
Warner Music — Cost of revenue, 2012–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-09-30$3.6B+8.3%Open →
FY20242024-09-30$3.4B+5.6%Open →
FY20232023-09-30$3.2B+3.1%Open →
FY20222022-09-30$3.1B+12.3%Open →
FY20212021-09-30$2.7B+17.5%Open →
FY20202020-09-30$2.3B−2.8%Open →
FY20192019-09-30$2.4B+10.6%Open →
FY20182018-09-30$2.2B+12.4%Open →
FY20172017-09-30$1.9B+13.1%Open →
FY20162016-09-30$1.7B+13.0%Open →
FY20152015-09-30$1.5B−3.8%Open →
FY20142014-09-30$1.6B+5.2%Open →
FY20132013-09-30$1.5B+2.5%Open →
FY20122012-09-30$1.5B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2012–2025 compound annual growth +7.3%

Cost of revenue at companies of similar size

Cite this page

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

Wikipedia

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

APA 7

CompaniesRanked. (September 25, 2026). Warner Music cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/warner-music/cost-of-revenue

BibTeX

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

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