secwatch.observer — SEC 8-K summary ====================================== Issuer: Warner Music Group Corp. (WMG) CIK: 0001319161 Form: 8-K Filed at: 2025-11-20T23:59:59+00:00 Accession: 0001319161-25-000032 Event type: earnings Sentiment: positive Materiality: 0.78 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Warner Music reports Q4 record revenue $1.87B (+15% YoY); net income $109M, double prior year -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000131916125000032/0001319161-25-000032-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1319161/000131916125000032/wmg-20251120.htm HTML page: https://secwatch.observer/filing/0001319161-25-000032 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer