Business
Warner Music Group records, markets and distributes music and administers song-publishing rights.
Warner Music grew revenue and profit, but lower free cash flow and a distress-range balance-sheet screen qualified the streaming-led expansion.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 4.4%OK
- Profitability — Net income declined 16.1% to $365M from $435MWatch
- Cash flow — Free cash flow declined 15.5% to $539M from $638MWatch
- Margins — Operating margin contracted 246 bps to 10.35%Watch
- Accounting — Music growth with leverage and cash caveatsWatch
- Insiders — 2 purchases and 0 salesOK
Where the revenue comes from
Fiscal 2025, as Warner Music Group Corp. reports it. History and quarterly detail are in the app.
- Recorded Music$5.4B
- Music Publishing$1.3B
Leadership changes
From Warner Music Group Corp.'s own filings, the day they're filed.
- Armin Zerza · Chief Financial Officer · departureeff. 2026-07-31
- Louis Dickler · Chief Financial Officer · departureeff. 2026-07-31
- Warner Records · Chief Operating Officer · departureeff. 2026-07-31
Latest filings
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-08-03
- 8-K · Company announcement2026-07-31
- 10-Q · Quarterly report2026-05-07
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Warner Music Group Corp., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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