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Warner Music Group Corp. revenue

Warner Music Group Corp.'s revenue was $6.71bn in fiscal 2025, up 4.4% on the year before. Since fiscal 2010 ($2.99bn) it has grown at a compound 5.9% a year. Over the last twelve months it was $7.30bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Warner Music Group Corp.: revenue history, annual
Fiscal year2010Sept 20102012Sept 20122013Sept 20132014Sept 20142015Sept 20152016Sept 20162017Sept 20172018Sept 20182019Sept 20192020Sept 20202021Sept 20212022Sept 20222023Sept 20232024Sept 20242025Sept 2025LTMJun 2026
Revenue2,9882,7802,8713,0272,9663,2463,5764,0054,4754,4635,3015,9196,0376,4266,7077,304
Growth on the year before—−7.0%+3.3%+5.4%−2.0%+9.4%+10.2%+12.0%+11.7%−0.3%+18.8%+11.7%+2.0%+6.4%+4.4%—
Gross profit1,4041,3251,3791,4571,4551,5391,6451,8342,0742,1302,5592,8392,8603,0713,0753,343
Gross margin47.0%47.7%48.0%48.1%49.1%47.4%46.0%45.8%46.3%47.7%48.3%48.0%47.4%47.8%45.8%45.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to September 30, 2025
Geography
Region Revenue Share YoY
United States $2.9B 42.9% ▲ 0.1%
All Other Countries $2.5B 36.7% ▲ 8.5%
United Kingdom $857M 12.8% ▲ 10.7%
Germany $515M 7.7% ▲ 0.4%

From Warner Music Group Corp.'s 10-K filed November 20, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Movies & Entertainment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Warner Music Group Corp. $7.30bn 12.9% 7.1%
Roku, Inc $5.50bn 21.1% 17.8%
TKO Group Holdings $5.30bn 5.1% 63.0%
AMC Entertainment Holdings, Inc. $5.23bn 6.4% 7.1%
Liberty Media Corp $4.34bn 12.2% —
Iqiyi, Inc. $3.80bn -6.5% —

Compare with peers

Head to head: ROKU vs WMGTKO vs WMGAMC vs WMG

More: Movies & Entertainment stocks compared, Communication Services sector, rankings of US companies

Figures from Warner Music Group Corp.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Warner Music Group Corp.