$27.38
Today
as of Jul 22, 16:25 ET
Last 30 days
Recent Press Releases & News
Warner Music Q3 Results Expected to Show Continued Subscription Revenue Growth, UBS Says
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 6, 2026
WMG: Lowering target price to $26.00
Overview
52-week range
$23
$35
33% of range
Avg surprise (last 3)
-46.5%
Avg reaction (last 2)
-2.8%
50% positive
Latest IV / EM
30%
EM ±7.0% · $28 · Aug 21
Earnings trends
EPS — actual vs estimate
Actual Estimate
Revenue vs Net Income
Revenue Net income
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Thu May 7, 2026 | Mar/2026 | $0.44 | $0.30 | +46.7% | +528.6% | +2.3% | earnings |
| Thu Aug 7, 2025 | Jun/2025 | $-0.03 | $0.27 | -111.1% | — | — | earnings |
| Thu May 8, 2025 | Mar/2025 | $0.07 | $0.28 | -75.0% | — | -7.9% | earnings |
Upcoming
| Date | Fiscal | Time | EPS Est | LY EPS | YoY %Δ |
|---|---|---|---|---|---|
| Thu Aug 6, 2026 | Jun/2026 | AMC | $0.38 | -$0.03 | +1,367% |
Financials
Income statement (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Cost of revenue | $930M | $987M | — | — | $791M | $894M | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $264M | $288M | — | $169M | $168M | $214M | — | $207M |
| Net income | $183M | $176M | — | $-16M | $36M | $236M | — | $139M |
| EPS (diluted) | — | — | — | — | — | — | — | — |
Balance sheet (quarterly)
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $741M | $751M | $532M | $527M | $637M | $802M | $694M | $607M |
| Inventory | $65M | $60M | $62M | $101M | $88M | $84M | $99M | $92M |
| Total current assets | $3.22B | $3.02B | $2.77B | $2.68B | $2.60B | $2.72B | $2.64B | $2.48B |
| Total assets | $10.61B | $10.01B | $9.83B | $9.78B | $9.57B | $9.15B | $9.15B | $8.83B |
| Long-term debt | — | — | — | $4.06B | $3.99B | $3.96B | $4.01B | $3.98B |
| Total liabilities | $9.64B | $9.18B | $9.07B | $8.96B | $8.78B | $8.45B | $8.48B | $8.20B |
| Total equity | $738M | $720M | $647M | $589M | $567M | $545M | $518M | $483M |