---
schema_version: "secwatch.filing_event.v1"
accession: "0001319161-26-000021"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:26:38.398443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WMG Q2 revenue up 17% to $1.73B; net income $181M vs. $36M; declares $0.19 dividend

## Summary
- Total revenue $1.732B, up 17% YoY (12% constant currency); Recorded Music +17%, Music Publishing +14%.
- Net income $181M vs. $36M prior year; EPS $0.35 vs. $0.07; adjusted EPS $0.44 vs. $0.32.
- Adjusted OIBDA up 31% to $397M; operating income +57% to $264M; free cash flow $99M vs. $33M.
- Board declared quarterly dividend $0.19/share, payable June 2, 2026, record May 26, 2026.
- JV with Bain acquired $650M in recorded music and publishing catalogs; margin expansion guidance at high end of 150-200 bps.

## SEC filing metadata
- accession: 0001319161-26-000021
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000131916126000021/0001319161-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000131916126000021/wmg-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001319161-26-000021
- JSON: https://secwatch.observer/filing/0001319161-26-000021.json
- Plain text: https://secwatch.observer/filing/0001319161-26-000021.txt

## Source-grounded claims
- claim_id: 9b5b62b44976ebdb7c0645f3117079ba68ec8a7d
  claim: Warner Music Group Corp. reported the fiscal second quarter ended March 31, 2026 results: revenue $1,732, net income $181 million, EPS $0.35. Guidance reaffirmed.
  evidence_excerpt: Ended March 31, 2025 % Change For the Six Months Ended March 31, 2026 For the Six Months Ended March 31, 2025 % Change (unaudited) (unaudited) (unaudited) (unaudited) Revenue $ 1,732 $ 1,484 17 % $ 3,572 $ 3,150 13 % Recorded Music revenue 1,380 1,175 17 % 2,860 2,520 13 % Music Publishing revenue 353 310 14 % 715 633 13 % Operating income 264 168 57 % 552 382
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000131916126000021/0001319161-26-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.