Warner Music Group financials
$27.62+1.77%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Sep 30 | FY24 Sep 30 | FY23 Sep 30 | FY22 Sep 30 | FY21 Sep 30 | FY20 Sep 30 |
|---|---|---|---|---|---|---|
| Revenue | $6.71B | $6.43B | $6.04B | $5.92B | $5.30B | $4.46B |
| Gross profit | $3.08B | $3.07B | $2.86B | $2.84B | $2.56B | $2.13B |
| Gross margin | 45.8% | 47.8% | 47.4% | 48.0% | 48.3% | 47.7% |
| Operating income | $694.0M | $791.0M | $749.0M | $714.0M | $609.0M | -$229.0M |
| Net income | $101.0M | $116.0M | $113.0M | $142.0M | $304.0M | -$475.0M |
| Net margin | 1.5% | 1.8% | 1.9% | 2.4% | 5.7% | −10.6% |
| Diluted EPS | $0.69 | $0.83 | $0.82 | $1.06 | $0.58 | $-0.95 |
| EBITDA | $1.30B | $1.29B | $1.12B | $1.05B | $915.0M | $32.0M |
| Operating cash flow | $678.0M | $754.0M | $687.0M | $742.0M | $638.0M | $463.0M |
| Free cash flow | $539.0M | $638.0M | $560.0M | $607.0M | $545.0M | $378.0M |
| Diluted shares | 145.1M | 140.9M | 138.1M | 133.7M | 513.5M | 504.5M |
Balance sheet
| Period end | Sep 30 | Sep 30 | Sep 30 | Sep 30 | Sep 30 | Sep 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $532.0M | $694.0M | $641.0M | $584.0M | $499.0M | $553.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $4.40B | $4.03B | $3.98B | $3.75B | $3.36B | $3.13B |
| Total assets | $9.83B | $9.15B | $8.54B | $7.83B | $7.21B | $6.41B |
| Total liabilities | $9.07B | $8.48B | $8.12B | $7.66B | $7.17B | $6.46B |
| Shareholders' equity | $757.0M | $675.0M | $430.0M | $168.0M | $46.0M | -$45.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology