FY2025 · ended Sep 30, 2025 · Revenue $6.71B, +4.4% YoY · Filed Nov 20, 2025
Warner Music Group Corp. (WMG) files with the SEC under industry code 7900, Services-Amusement & Recreation Services. In fiscal 2025, which ended Sep 30, 2025, it reported revenue of $6.7 billion and net income of $365.0 million. Free cash flow was $539.0 million. As of Jun 30, 2026 it held $618.0 million in cash and investments and $4.9 billion in total debt.
Revenue (TTM)
$7.30B
+12.9% vs year-ago TTM
Net income (TTM)
$672.00M
+126.3% vs year-ago TTM
Operating cash flow (TTM)
$939.00M
+25.0% vs year-ago TTM
Free cash flow (TTM)
$836.00M
+37.7% vs year-ago TTM
EPS
—
Dividend per share (TTM)
$0.76
+5.6% vs year-ago TTM
Shares outstanding
1,060
+0.8% vs prior year
Net cash
$-4.30B
as of Jun 30, 2026
Operating margin
13.7%
FY 2026
Company profile
- Industry
- Services-Amusement & Recreation Services (SIC 7900)
- Listed as
- WMG (Nasdaq)
- Fiscal year ends
- September 30
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1319161
Other Services-Amusement & Recreation Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Sep 30, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.7B | $6.4B | $6.0B | $5.9B | $5.3B |
| Operating income | $694.0M | $823.0M | $790.0M | $714.0M | $609.0M |
| Net income | $365.0M | $435.0M | $430.0M | $551.0M | $304.0M |
| Operating cash flow | $678.0M | $754.0M | $687.0M | $742.0M | $638.0M |
| Free cash flow | $539.0M | $638.0M | $560.0M | $607.0M | $545.0M |
| Total assets | $9.8B | $9.2B | $8.5B | $7.8B | $7.2B |
| Total liabilities | $9.1B | $8.5B | $8.1B | $7.7B | $7.2B |
| Stockholders' equity | $647.0M | $518.0M | $307.0M | $152.0M | $31.0M |
| Cash and investments | $532.0M | $694.0M | $641.0M | $584.0M | $499.0M |
| Total debt | $4.6B | $4.3B | $4.3B | $4.0B | $3.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement
|
Sep 25, 2026 | Sep 24, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 22, 2026 | Sep 21, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 4, 2026 | Sep 4, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 3, 2026 | Aug 3, 2026 |
All 1001 Warner Music Group Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.