Warner Music Group (NASDAQ: WMG) stock: the official figures
Warner Music Group (Warner Music Group Corp.) is listed on Nasdaq under the ticker WMG and belongs to the communication services sector. In fiscal 2025 it reported revenue of $6,707m and a net profit of $365.0m, according to the annual accounts it filed with the regulator. Its fiscal year ends on 30 September.
Identifiers for Warner Music Group: SEC CIK 1319161.
Fiscal 2025 figures
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Revenue | $6,707m | $6,426m | +4.4% |
| Operating profit | $694.0m | $823.0m | −15.7% |
| Net profit | $365.0m | $435.0m | −16.1% |
| Operating margin | 10.3% | 12.8% | −2.5 pts |
| Net margin | 5.4% | 6.8% | −1.3 pts |
| Total assets | $9,829m | $9,155m | +7.4% |
| Equity | $647.0m | $518.0m | +24.9% |
| Cash | $532.0m | $694.0m | −23.3% |
| Operating cash flow | $678.0m | $754.0m | −10.1% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
10 fiscal years
| Fiscal year | Revenue | Operating profit | Net profit | Document |
|---|---|---|---|---|
| 2025 | $6,707m | $694.0m | $365.0m | Annual report |
| 2024 | $6,426m | $823.0m | $435.0m | Annual report |
| 2023 | $6,037m | $790.0m | $430.0m | Annual report |
| 2022 | $5,919m | $714.0m | $551.0m | Annual report |
| 2021 | — | $609.0m | $304.0m | Annual report |
| 2020 | $4,463m | −$229.0m | −$475.0m | Annual report |
| 2019 | $4,475m | $356.0m | $256.0m | Annual report |
| 2018 | $4,005m | $217.0m | $307.0m | Annual report |
| 2017 | $3,576m | $222.0m | $143.0m | Annual report |
| 2016 | $3,246m | $214.0m | $25.0m | Annual report |
The full income statement, balance sheet and cash flow statement are in the annual accounts of Warner Music Group. Year by year: dividends paid. Purchases and sales by its executives and directors are in insider transactions.
Dividends
In fiscal 2025, Warner Music Group paid $383.0m in dividends, 104.9% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2025 | $383.0m | 104.9% |
| 2024 | $361.0m | 83.0% |
| 2023 | $340.0m | 79.1% |
| 2022 | $318.0m | 57.7% |
| 2021 | $265.0m | 87.2% |
| 2020 | $344.0m | — |
| 2019 | $94.0m | 36.7% |
| 2018 | $925.0m | 301.3% |
| 2017 | $84.0m | 58.7% |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Frequently asked questions about Warner Music Group
- How much did Warner Music Group earn in fiscal 2025?
- Warner Music Group reported a net profit of $365.0m for fiscal 2025, on revenue of $6,707m. The year before it reported a net profit of $435.0m.
- Does Warner Music Group pay a dividend?
- In fiscal 2025, Warner Music Group paid $383.0m in dividends, 104.9% of its net profit, according to its cash flow statement.
- Where is Warner Music Group listed?
- Warner Music Group is listed on Nasdaq under the ticker WMG and belongs to the communication services sector.
- Where do the figures for Warner Music Group come from?
- From the annual report (Form 10-K) that Warner Music Group files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the annual report (Form 10-K) that Warner Music Group files with the SEC, the US securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.