WMGWarner Music Group Corp.
Price
-13%1YEnd-of-day closes, not the intraday tick.
Survival is the story here: start there
Quality mixed, hard red flags, price roughly fair, growing in the filings, the market undecided.
Warner Music Group Corp. (the “Company”) was formed on November 21, 2003. We are the direct parent of WMG Holdings Corp. (“Holdings”), which is the direct parent of WMG Acquisition Corp. (“Acquisition Corp.”). Acquisition Corp. is one of the world’s major music entertainment companies. The Company and Holdings are holding companies that conduct substantially all of their business operations through their subsidiaries.
In the company’s own words · 10-K filed Nov 20, 2025 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Warner Music Group Corp. (WMG) reported revenue of $1.86B in Q3 2026 (quarter ended Jun 30, 2026), up 10% from the same quarter a year earlier. That came with a gross margin of 46% and net income of $204M (11% of revenue). For the full year FY2025, revenue was $6.71B (+4.4% year on year) and net income $365M. Its largest product in Q3 2026 was Digital And Physical at $1.15B, 49% of the disclosed total, just ahead of Digital at 43%. The next results filing is expected around Nov 19, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Sep 25, 2026On September 24, 2026, Warner Music Inc. (“Warner Music”), a subsidiary of Warner Music Group Corp. (the “Company”), entered into an employment agreement (the “Employment Agreement”) with Valentin Blavatnik, a member of the Company’s Board of Directors (the “Board”), pursuant to which Mr. Blavatnik will serve as …Material agreement entered · Form 8-K
- Sep 22, 2026On September 21, 2026, Warner Music Group Corp. (the “Company”) announced that Carianne Marshall will step down as Co-Chair and Chief Operating Officer, Warner Chappell Music, Inc. (“Warner Chappell Music”), a subsidiary of the Company, effective September 30, 2026.Director or officer change · Form 8-K
- Sep 4, 2026As previously disclosed, effective July 31, 2026, Warner Music Group Corp. (the “Company”) appointed Louis Dickler as the Acting Chief Financial Officer.Director or officer change · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q3 2026 · $2.36BThe company’s own SEC segment disclosure.
- Digital And Physical$1.15B49%
- Digital$1.02B43%
- Licensing$111.0M5%
- Performance$59.0M2%
- Mechanical$19.0M1%
- Other$4.0M0%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.