Warner Music Group reported strong Q2 FY2026 results for the quarter ended March 31, 2026. Revenue increased 16.7% year-over-year to $1.732 billion, while net income surged 408.3% to $183 million. Operating income rose 57.1% to $264 million. The company had $741 million in cash, $738 million in equity, and $4.719 billion in long-term debt.
•Revenue grew 16.7% YoY to $1.732 billion.
•Net income jumped 408.3% to $183 million.
•Operating income increased 57.1% to $264 million.
•Long-term debt stood at $4.719 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Warner Music is a music entertainment company globally. Its business is organized into Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists
Markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions
Administers the music and soundtracks of various third-party television and film producers and studios. Additionally, it conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville.
It also markets, distributes, and sells music and video products to retailers and wholesale distributors. Its portfolio also includes independent labels to retail and wholesale distributors, and various distribution centers and ventures retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres
Including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and Christian music. Founded in 1929, the company is headquartered in New York, New York.
Warner Music Group Corp. is a global music entertainment company operating through two main segments: Recorded Music and Music Publishing. The Recorded Music segment focuses on discovering and developing recording artists, as well as marketing, promoting, distributing, selling, and licensing their music. It also releases compilations, reissues, and previously unreleased material. The Music Publishing segment owns or administers rights to approximately two million musical compositions, including pop hits, American standards, folk songs, and film scores. The company operates through a collection of well-known record labels such as Asylum, Big Beat, East West, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, Warner Classics, and Warner Records Nashville, among others.
Where is Warner Music Group Corp. listed and in which currency?
Warner Music Group Corp. is listed on the NasdaqGS exchange under the ticker symbol WMG. Its shares are traded in US Dollars (USD). The company is headquartered in the United States and is part of the US region, with its primary listing on a major US stock exchange.
What sector and industry does Warner Music Group Corp. belong to?
Warner Music Group Corp. operates in the Communication Services sector and is classified under the Entertainment industry. This means the company is involved in creating, producing, and distributing entertainment content—specifically music—to consumers globally. As an entertainment company, it focuses on artist development, music publishing, and the sale and licensing of recorded music across various formats and platforms.
What is the business model of Warner Music Group Corp. and how does it make money?
Warner Music Group Corp. generates revenue primarily through the sale and licensing of recorded music and music publishing rights. In the Recorded Music segment, it earns from physical and digital sales, streaming services, and licensing its catalog for use in films, TV, and advertisements. The Music Publishing segment collects royalties from the use of its vast catalog of approximately two million compositions. The company also markets and distributes music through retailers, wholesalers, streaming platforms, and download services. Additionally, it operates distribution centers and ventures that serve independent labels, further expanding its revenue streams.
What is the history of Warner Music Group Corp.?
Warner Music Group Corp. was founded in 1929, making it one of the oldest and most established music entertainment companies in the world. Over the decades, it has built a rich legacy by signing iconic artists and acquiring a vast catalog of musical works. The company's long history has allowed it to develop a diverse portfolio of record labels and publishing rights, covering genres from pop and rock to classical, jazz, and hip-hop. Today, it continues to evolve with the digital music landscape, leveraging its extensive catalog and artist relationships to remain a major player in the global music industry.