NASDAQ:WMG
Warner Music Group Corp.
Warner Music Group Corp.'s revenue grew 4.4% in fiscal 2025 to $6.7B while operating margin fell to 10.3%. Free cash flow was $539.0M, 8.0% of revenue.Summary generated from Warner Music Group Corp.'s SEC filings. Latest annual report filed Nov 20, 2025.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$6.7B
Revenue growth+4.4%
Revenue, 5-yr CAGR+8.5%
Gross margin45.8%
Operating margin10.3%
Net margin5.4%
ROIC12.6%
Return on equity62.7%
Debt / equity6.75
Free cash flow$539.0M
FCF margin8.0%
Share count changen/a
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 5,301 | 5,919 | 6,037 | 6,426 | 6,707 |
| Operating income | 609 | 714 | 790 | 823 | 694 |
| Net income | 304 | 551 | 430 | 435 | 365 |
| Free cash flow | 545 | 607 | 560 | 638 | 539 |
Recent filings
- 8-KEntry into a material agreement
Sep 25, 2026 - 8-KDirector or officer change
Sep 22, 2026 - 8-KDirector or officer change
Sep 4, 2026 - 4Insider transaction report
Sep 3, 2026 - 4Insider transaction report
Sep 3, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026