secwatch.observer — SEC 8-K summary
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Issuer:     Warner Music Group Corp. (WMG)
CIK:        0001319161
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001319161-26-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319161/000131916126000021/0001319161-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319161/000131916126000021/wmg-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001319161-26-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer