US · Communication Services · Entertainment
EPS came in at 0.51 against a street estimate of 0.38 — a beat of 34.2%.
Analysts rate Warner Music Group a buy (11 buy, 6 hold, 2 sell out of 19) with an average price target of $36.88.
CONFIDENT WMG delivered 5th consecutive beat with 11% adjusted revenue growth, 15% OIBDA growth, and 12% subscription streaming growth. PSM deals with all major DSPs now locked in. Margin expansion and cash flow remain strong. Q3 FY26 U.S. share metrics modest; global share performance more favorable but not publicly disclosed. Management attributes quarter-to-quarter lumpiness to long-term trends. Analysts pressed on U.S. share weakness, subscription growth components, and AI launch delays. Management emphasized global strength, normalized pricing impact, and operational complexity of permissioning rather than product concerns. 2026-08-05…
Full summary in the app.
| Fund | Stake |
|---|---|
| JPMorgan Chase & Co | 2.62% |
| Independent Franchise Partners LLP | 2.48% |
| Darsana Capital Partners LP | 2.28% |
| BlackRock Inc | 1.85% |
| Barrow Hanley Mewhinney & Strauss LLC | 1.70% |
| Darlington Partners Capital Management, LP | 1.28% |
| Vanguard Capital Management, LLC | 1.19% |
| Vanguard Portfolio Management, LLC | 1.13% |
| Document | Date |
|---|---|
| Board / officer change · Q4 FY2026 WARNER MUSIC GROUP CORP. – 8-K SUMMARY HEADLINE NUMBERS • Acting CFO appointment effective: July 31, 2026 • Acting CFO transition period salary: $1, | 2026-09-04 |
| Quarterly report · Q3 FY2026 WARNER MUSIC GROUP CORP. - Q3 2026 10-Q SUMMARY HEADLINE NUMBERS • Q3 2026 revenue: $1,864 million (up 10% vs. $1,689 million in Q3 2025) • Nine-mon | 2026-08-05 |
| Results announced · Q4 FY2026 WARNER MUSIC GROUP CORP. – Q3 FY2026 RESULTS SUMMARY HEADLINE NUMBERS • Total revenue: $1,864 million (Q3 2026) vs. $1,689 million (Q3 2025), up 10% | 2026-08-05 |
| Results announced · Q4 FY2026 WARNER MUSIC GROUP CORP. - Q3 2026 PRELIMINARY RESULTS SUMMARY HEADLINE NUMBERS • Total Revenue: $1,864 million for Q3 2026, up 10% reported (9% con | 2026-08-03 |
| Board / officer change · Q4 FY2026 WARNER MUSIC GROUP CORP. - 8-K SUMMARY HEADLINE NUMBERS • No financial metrics provided in this filing • Document is an executive personnel announcem | 2026-07-31 |
| Quarterly report · Q2 FY2026 WARNER MUSIC GROUP CORP. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $1,732 million (three months ended March 31, 2026), up 16.7% vs. | 2026-05-07 |
| Quarterly report · Q1 FY2026 WARNER MUSIC GROUP CORP. — Q1 FY2026 SUMMARY --- HEADLINE NUMBERS • Total Revenue: $1,840 million (Q1 FY2026) vs. $1,666 million (Q1 FY2025) — +10. | 2026-02-09 |
| Proxy statement · Q2 FY2026 WARNER MUSIC GROUP CORP. (WMG) - PROXY STATEMENT SUMMARY EXECUTIVE PAY • CEO Robert Kyncl's total compensation for fiscal 2025: Not explicitly state | 2026-01-20 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.20 / share ex-date Aug 20, 2026 · pay Sep 1, 2026 | 2026-08-20 |
| Dividend | $0.19 / share ex-date May 26, 2026 · pay Jun 2, 2026 | 2026-05-26 |
| Dividend | $0.19 / share ex-date Feb 18, 2026 · pay Mar 3, 2026 | 2026-02-18 |
| Dividend | $0.19 / share ex-date Nov 19, 2025 · pay Dec 2, 2025 | 2025-11-19 |
| Dividend | $0.19 / share ex-date Aug 20, 2025 · pay Sep 3, 2025 | 2025-08-20 |
| Announcement | Date |
|---|---|
| Reiterates FY2026 margin expansion guidance; maintains operating cash flow targets Warner Music Group reported strong Q3 2026 results, delivering robust growth across its business. Total revenue increased 10% to $1.86 billion, with recorded music up 10% and music publishin | 2026-08-05 |
| Joint venture with Bain acquired $650 million in music catalogs Warner Music Group reported strong Q2 2026 results (ended March 31, 2026) with double-digit revenue growth and significant profitability improvements. Total revenue increased 17% to $1.732 b | 2026-05-07 |
| Amendment to joint venture master operations and economics agreement entered Warner Music Group (WMG) announced on February 4, 2026, that its subsidiary WMG BC Holdco LLC amended a joint venture agreement with Bain Capital Special Situations. Under this amendment, bo | 2026-02-05 |
| 2026 outlook with 150-200 bps margin improvement guidance provided Warner Music Group reported strong first-quarter fiscal 2026 results with broad-based growth across its business. Total revenue increased 10% (7% in constant currency) to $1.84 billion, driv | 2026-02-05 |
| 2026 outlook raised with margin improvement expected from cost savings Warner Music Group reported strong fourth-quarter results with record revenue of $1.87 billion, up 15% year-over-year (13% constant currency). Both Recorded Music and Music Publishing segmen | 2025-11-20 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Warner Music Group — free to start.
Google PlayApp StoreData updated 2026-09-18.