Warner Music (WMG) earnings history
Most recent quarter
- Fiscal period
- Q3 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.38
- EPS estimate
- $0.34
- EPS surprise
- +10.63%
- Revenue surprise
- +3.01%
- Revenue
- $1.9B
- Revenue estimate
- $1.8B
- Reported
- Aug 5, 2026
Warner Music reported fiscal Q3 2026 results on August 5, 2026. EPS was $0.38, beating the $0.34 estimate by 10.63%. Revenue was $1.9 billion, 3.01% above the $1.8 billion consensus. In fiscal Q3 2025, the company posted a loss of $0.03 per share on revenue of $1.7 billion. That revenue ties Q4 2025 as the highest in the table.
Annual EPS has moved up and down: $1.20 in fiscal 2022, $0.82 in 2023, $1.39 in 2024 and $1.09 in 2025. The Q3 2025 loss was the only losing quarter in the last 20, and the high was $0.52 in Q1 2025. Revenue has grown more steadily, from $5.9 billion in fiscal 2022 to $6.8 billion in fiscal 2025. The first three quarters of fiscal 2026 total $1.05 per share, 72.1% more than the $0.61 for the same period a year earlier. Warner Music beat EPS estimates in 12 of the last 20 quarters, with large surprises in both directions.
Fiscal Q4 results came between November 15 and November 22 in each of the past five years, which points to mid-to-late November 2026. That report will complete fiscal 2026 and show the full-year total against $1.09 in fiscal 2025.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q3 2026 | Aug 5, 2026 | $0.34 | $0.38 | +10.63% | $1.9B | SEC |
| Q2 2026 | May 7, 2026 | $0.27 | $0.34 | +27.25% | $1.7B | SEC |
| Q1 2026 | Feb 5, 2026 | $0.36 | $0.33 | −7.92% | $1.8B | SEC |
| Q4 2025 | Nov 20, 2025 | $0.37 | $0.48 | +31.47% | $1.9B | SEC |
| Q3 2025 | Aug 7, 2025 | $0.29 | −$0.03 | −110.33% | $1.7B | SEC |
| Q2 2025 | May 8, 2025 | $0.28 | $0.12 | −56.68% | $1.5B | SEC |
| Q1 2025 | Feb 6, 2025 | $0.35 | $0.52 | +49.84% | $1.7B | SEC |
| Q4 2024 | Nov 21, 2024 | $0.29 | $0.42 | +46.25% | $1.6B | SEC |
| Q3 2024 | Aug 7, 2024 | $0.27 | $0.29 | +6.55% | $1.6B | SEC |
| Q2 2024 | May 9, 2024 | $0.21 | $0.35 | +70.53% | $1.5B | SEC |
| Q1 2024 | Feb 7, 2024 | $0.43 | $0.33 | −23.72% | $1.7B | SEC |
| Q4 2023 | Nov 16, 2023 | $0.26 | $0.29 | +10.52% | $1.6B | SEC |
| Q3 2023 | Aug 8, 2023 | $0.21 | $0.27 | +32.50% | $1.6B | SEC |
| Q2 2023 | May 9, 2023 | $0.18 | $0.06 | −67.50% | $1.4B | SEC |
| Q1 2023 | Feb 9, 2023 | $0.26 | $0.20 | −22.53% | $1.5B | SEC |
| Q4 2022 | Nov 22, 2022 | $0.13 | $0.32 | +145.22% | $1.5B | SEC |
| Q3 2022 | Aug 9, 2022 | $0.19 | $0.27 | +41.93% | $1.4B | SEC |
| Q2 2022 | May 10, 2022 | $0.21 | $0.18 | −12.22% | $1.4B | SEC |
| Q1 2022 | Feb 8, 2022 | $0.29 | $0.43 | +49.09% | $1.6B | SEC |
| Q4 2021 | Nov 15, 2021 | $0.15 | $0.12 | −17.70% | $1.4B | SEC |
Quarterly revenue
Frequently asked questions
When did Warner Music (WMG) last report earnings?
Warner Music last reported on Aug 5, 2026, covering fiscal Q3 2026.
Did WMG beat earnings estimates?
Yes. Warner Music reported EPS of $0.38 for Q3 2026 against a $0.34 estimate — a 10.63% beat.
How much revenue did WMG report last quarter?
Warner Music reported $1.9B in revenue for Q3 2026, against a consensus estimate of $1.8B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.