Warner Music Group (WMG) Revenue & Revenue Breakdown
Warner Music Group Revenue Highlights
Latest Revenue (Y)
$6.04B
Latest Revenue (Q)
$1.49B
Main Segment (Y)
Recorded Music
Main Geography (Y)
UNITED STATES
Warner Music Group Revenue by Period
Warner Music Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $6.04B | 1.99% |
| 2022-09-30 | $5.92B | 11.66% |
| 2021-09-30 | $5.30B | 18.78% |
| 2020-09-30 | $4.46B | -0.27% |
| 2019-09-30 | $4.47B | 11.74% |
| 2018-09-30 | $4.00B | 12.00% |
| 2017-09-30 | $3.58B | 10.17% |
| 2016-09-30 | $3.25B | 9.44% |
| 2015-09-30 | $2.97B | -2.02% |
| 2014-09-30 | $3.03B | 5.43% |
| 2013-09-30 | $2.87B | 3.27% |
| 2012-09-30 | $2.78B | 401.81% |
| 2011-09-30 | $554.00M | -81.43% |
| 2010-09-30 | $2.98B | -6.69% |
| 2009-09-30 | $3.20B | -8.39% |
| 2008-09-30 | $3.49B | 3.13% |
| 2007-09-30 | $3.38B | -3.73% |
| 2006-09-30 | $3.52B | 0.40% |
| 2005-09-30 | $3.50B | 97.96% |
| 2004-09-30 | $1.77B | -47.60% |
| 2003-11-30 | $3.38B | 2.61% |
| 2002-11-30 | $3.29B | -4.94% |
| 2000-11-30 | $3.46B | - |
Warner Music Group generated $6.04B in revenue during NA 2023, up 1.99% compared to the previous quarter, and up 150.74% compared to the same period a year ago.
Warner Music Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.49B | -14.53% |
| 2023-12-31 | $1.75B | 10.21% |
| 2023-09-30 | $1.59B | 1.41% |
| 2023-06-30 | $1.56B | 11.79% |
| 2023-03-31 | $1.40B | -5.98% |
| 2022-12-31 | $1.49B | -0.60% |
| 2022-09-30 | $1.50B | 4.54% |
| 2022-06-30 | $1.43B | 4.07% |
| 2022-03-31 | $1.38B | -14.75% |
| 2021-12-31 | $1.61B | 17.30% |
| 2021-09-30 | $1.38B | 2.69% |
| 2021-06-30 | $1.34B | 7.20% |
| 2021-03-31 | $1.25B | -6.37% |
| 2020-12-31 | $1.33B | 18.56% |
| 2020-09-30 | $1.13B | 11.49% |
| 2020-06-30 | $1.01B | -5.70% |
| 2020-03-31 | $1.07B | -14.73% |
| 2019-12-31 | $1.26B | 11.74% |
| 2019-09-30 | $1.12B | 6.24% |
| 2019-06-30 | $1.06B | -2.94% |
| 2019-03-31 | $1.09B | -9.39% |
| 2018-12-31 | $1.20B | 15.78% |
| 2018-09-30 | $1.04B | 8.46% |
| 2018-06-30 | $958.00M | -0.52% |
| 2018-03-31 | $963.00M | -7.85% |
| 2017-12-31 | $1.04B | 13.96% |
| 2017-09-30 | $917.00M | - |
| 2017-06-30 | $917.00M | 11.15% |
| 2017-03-31 | $825.00M | -10.03% |
| 2016-12-31 | $917.00M | 9.04% |
| 2016-09-30 | $841.00M | 3.70% |
| 2016-06-30 | $811.00M | 8.86% |
| 2016-03-31 | $745.00M | -12.25% |
| 2015-12-31 | $849.00M | 13.20% |
| 2015-09-30 | $750.00M | 5.63% |
| 2015-06-30 | $710.00M | 4.87% |
| 2015-03-31 | $677.00M | -18.34% |
| 2014-12-31 | $829.00M | 7.52% |
| 2014-09-30 | $771.00M | -2.16% |
| 2014-06-30 | $788.00M | 20.67% |
| 2014-03-31 | $653.00M | -19.88% |
| 2013-12-31 | $815.00M | 6.68% |
| 2013-09-30 | $764.00M | 15.23% |
| 2013-06-30 | $663.00M | -1.78% |
| 2013-03-31 | $675.00M | -12.22% |
| 2012-12-31 | $769.00M | 6.95% |
| 2012-09-30 | $719.00M | 9.94% |
| 2012-06-30 | $654.00M | 4.14% |
| 2012-03-31 | $628.00M | -19.38% |
| 2011-12-31 | $779.00M | 40.61% |
| 2011-09-30 | $554.00M | -19.24% |
| 2011-06-30 | $686.00M | 0.59% |
| 2011-03-31 | $682.00M | -13.56% |
| 2010-12-31 | $789.00M | 4.92% |
| 2010-09-30 | $752.00M | 15.34% |
| 2010-06-30 | $652.00M | -1.51% |
| 2010-03-31 | $662.00M | -27.89% |
| 2009-12-31 | $918.00M | 6.62% |
| 2009-09-30 | $861.00M | 11.96% |
| 2009-06-30 | $769.00M | 15.12% |
| 2009-03-31 | $668.00M | -23.92% |
| 2008-12-31 | $878.00M | 2.81% |
| 2008-09-30 | $854.00M | 0.71% |
| 2008-06-30 | $848.00M | 6.00% |
| 2008-03-31 | $800.00M | - |
Warner Music Group generated $1.49B in revenue during Q2 2024, up -14.53% compared to the previous quarter, and up 100.40% compared to the same period a year ago.
Warner Music Group Revenue Breakdown
Warner Music Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Sep 23 | Sep 22 | Sep 21 | Sep 20 | Sep 19 |
|---|---|---|---|---|---|
| Recorded Music | $4.96B | $4.97B | $4.54B | $3.81B | $3.84B |
| Music Publishing | $1.09B | $958.00M | $761.00M | $657.00M | $643.00M |
Warner Music Group's latest annual revenue breakdown by segment (product or service), as of Sep 23: Recorded Music (82.00%), and Music Publishing (18.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Music Publishing | $306.00M | $304.00M | $298.00M | $283.00M | $257.00M | $250.00M | $254.00M | $245.00M | $230.00M | $229.00M | $205.00M | $189.00M | $192.00M | $175.00M | $169.00M | $149.00M | $166.00M | $173.00M | $173.00M | $147.00M |
| Recorded Music | $1.19B | $1.45B | $1.29B | $1.28B | $1.14B | $1.24B | $1.24B | $1.19B | $1.15B | $1.39B | $1.17B | $1.15B | $1.06B | $1.16B | $958.00M | $861.00M | $907.00M | $1.08B | $953.00M | $913.00M |
Warner Music Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Recorded Music (79.53%), and Music Publishing (20.47%).
Warner Music Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Sep 23 | Sep 22 | Sep 21 | Sep 20 | Sep 19 |
|---|---|---|---|---|---|
| All Other Countries | $2.01B | $1.83B | $1.66B | $1.92B | - |
| UNITED STATES | $2.77B | $2.74B | $2.36B | $1.93B | $1.96B |
| GERMANY | $535.00M | $613.00M | $662.00M | - | - |
Warner Music Group's latest annual revenue breakdown by geography, as of Sep 23: UNITED STATES (52.08%), All Other Countries (37.85%), and GERMANY (10.07%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Mar 20 | Dec 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|
| Non-US | $817.00M | $950.00M | $606.00M | $723.00M | $652.00M | - | - |
| International | - | - | - | - | - | $670.00M | $790.00M |
Warner Music Group's latest quarterly revenue breakdown by geography, as of Mar 24: Non-US (100.00%).
Warner Music Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FWONA | Formula One Group | $22.75B | $3.17B |
| BATRA | Formula One Group | $22.75B | $282.88M |
| FOX | Fox | $13.98B | $3.45B |
| NWS | News | $10.09B | $2.42B |
| WMG | Warner Music Group | $6.04B | $1.49B |
| SPHR | Sphere Entertainment | $1.72B | $321.33M |
| WWE | World Wrestling Entertainment | $1.29B | $410.30M |
| MSGS | Madison Square Garden Sports | $1.03B | $429.95M |
| MCS | Marcus | $729.58M | $176.03M |
WMG Revenue FAQ
What is Warner Music Group’s yearly revenue?
Warner Music Group's yearly revenue for 2023 was $6.04B, representing an increase of 1.99% compared to 2022. The company's yearly revenue for 2022 was $5.92B, representing an increase of 11.66% compared to 2021. WMG's yearly revenue for 2021 was $5.3B, representing an increase of 18.78% compared to 2020.
What is Warner Music Group’s quarterly revenue?
Warner Music Group's quarterly revenue for Q2 2024 was $1.49B, a -14.53% decrease from the previous quarter (Q1 2024), and a 6.79% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.75B, a 10.21% increase from the previous quarter (Q4 2023), and a 17.47% increase year-over-year (Q1 2023). WMG's quarterly revenue for Q4 2023 was $1.59B, a 1.41% increase from the previous quarter (Q3 2023), and a 5.95% increase year-over-year (Q4 2022).
What is Warner Music Group’s revenue growth rate?
Warner Music Group's revenue growth rate for the last 3 years (2021-2023) was 13.88%, and for the last 5 years (2019-2023) was 34.91%.
What are Warner Music Group’s revenue streams?
Warner Music Group's revenue streams in p 23 are Recorded Music, and Music Publishing. Recorded Music generated $4.96B in revenue, accounting 82.00% of the company's total revenue, down -0.22% year-over-year. Music Publishing generated $1.09B in revenue, accounting 18.00% of the company's total revenue, up 13.57% year-over-year.
What is Warner Music Group’s main source of revenue?
For the fiscal year ending Sep 23, the largest source of revenue of Warner Music Group was Recorded Music. This segment made a revenue of $4.96B, representing 82.00% of the company's total revenue.