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Warner Music Group

WMG · Nasdaq · Services-Amusement & Recreation Services
Insider buys (12 months)
$2M
Insider sales (12 months)
0
8-K reports (12 months)
15
Tracked investors holding
1

At a glance

Warner Music Group reported 2025 revenue of $6.71B, up 4.4% from $6.43B in 2024. Over 4 years since 2021 ($5.3B), that is growth of about 6.1% a year. Operating margin was 10.3%, down from 11.5% in 2021. 2025 was the highest revenue year in this period.

In the last 12 months 2 insiders reported 2 open-market purchases ($2M) and 0 sales. The largest was a purchase of $1M by Chief Financial Officer Armin Zerza on Dec 12, 2025.

Warner Music Group filed 15 current reports (Form 8-K) in the last 12 months, most often for results of operations (5), officer or director change (4), material agreement (3) and new financial obligation (1). The latest officer or director change was reported on Sep 22, 2026. It reported a material agreement or a completed acquisition or disposal 3 times.

1 of the 20 investors tracked here held Warner Music Group at the last quarter end, worth $32.1M combined. It is the largest weight for Renaissance Technologies (0% of its portfolio). Reduced: Renaissance Technologies.

Annual results

2021
Revenue $5.3B
Op. $609M
2022
Revenue $5.92B
Op. $714M
2023
Revenue $6.04B
Op. $790M
2024
Revenue $6.43B
Op. $823M
2025
Revenue $6.71B
Op. $694M
RevenueOperating income (or net income)SEC XBRL annual filings, fiscal years mapped to calendar years
Year20212022202320242025
Net income$304M$551M$430M$435M$365M
Dividend per share$0.51$0.61$0.65$0.69$0.73

Fiscal year ends Sep 30 · incorporated in DE

Tracked investors holding (13F)

Renaissance TechnologiesReduced$32.1M · 0.0% · held 7 quarters

Weight is the share of each investor's portfolio, as of the quarter end.

Current reports (8-K, last 12 months)

Insider open-market trades (last 12 months)

Source: SEC EDGAR. How figures are combined