earnings
confidence high
sentiment positive
materiality 0.78
Warner Music reports Q4 record revenue $1.87B (+15% YoY); net income $109M, double prior year
Warner Music Group Corp.
- Q4 revenue $1,868M (+15% YoY); Recorded Music $1,534M (+15%), Music Publishing $337M (+14%).
- Q4 net income $109M (vs $48M); Adjusted OIBDA $405M (+15%).
- Full-year revenue $6,707M (+4%); net income $370M (down 23% from $478M in FY2024).
- FY2026 outlook: cost savings expected to contribute 150-200 bps of margin improvement.