Warner Music Group
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
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 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)
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