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Q3 2026 earnings • released • EPS beat +31.27% • Revenue beat +3.05%
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WMG:NASDAQ
Warner Music Group Corp
$26.39
-0.19%
(-0.050) 1D
$26.39
0.00% (0.00)
After hours
Closed: Aug 7, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for WMG...
Open
$26.44
High
$26.73
Low
$26.06
Mkt. cap
13.80B
Avg. vol.
2.26M
Volume
1.54M
Dividend
3.03%
Quarterly dividend
$0.20
Ex-dividend date
May 26, 2026
P/E ratio
30.89
52-wk high
$35.42
52-wk low
$23.34
EPS
$0.85
Beta
1.30
Shares outstanding
147.73M
No. of employees
6K
Open
$26.44
High
$26.73
Low
$26.06
Mkt. cap
13.80B
Avg. vol.
2.26M
Volume
1.54M
Dividend
3.03%
Quarterly dividend
$0.20
Ex-dividend date
May 26, 2026
P/E ratio
30.89
52-wk high
$35.42
52-wk low
$23.34
EPS
$0.85
Beta
1.30
Shares outstanding
147.73M
No. of employees
6K
News stories
From sources across the web
About Warner Music Group Corp
CEO-
Employees5.5K
Founded1929
HeadquartersManhattan, New York, United States
SectorEntertainment
Websitewmg.com
Analyst ratings
Based on 10 analysts giving stock ratings to WMG in the past 3 months
Buy
Buy
7
Hold
3
Sell
0
12-month forecast
Based on 10 Wall Street analysts offering 12 month price targets for WMG in the last 3 months.
Highest
Current $26.39
$46.00 (+74.31%)
Average
$37.40 (+41.72%)
Lowest
$30.00 (+13.68%)
Analyst
Recommendation
Action
Price target
Projected
Date
Omar Mejias
Wells Fargo
Buy
Maintained
$39.00
+47.8%
08/06/2026
Kutgun Maral
Evercore ISI
Buy
Maintained
$43.00
+62.9%
08/07/2026
Ian S. Moore
Bernstein
Buy
Maintained
$39.00
+47.8%
08/06/2026
Cameron Mansson-Perrone
Morgan Stanley
Buy
Reiterated
$36.00
+36.4%
08/06/2026
Michael Morris
Guggenheim
Buy
Maintained
$36.00
+36.4%
08/06/2026
Doug Creutz
TD Cowen
Buy
Reiterated
$46.00
+74.3%
08/06/2026
Stephen Laszczyk
Goldman Sachs
Hold
Maintained
$32.00
+21.3%
08/03/2026
Jessica Reif Ehrlich
Bank of America Securities
Hold
Reiterated
$30.00
+13.7%
08/06/2026
Kannan Venkateshwar
Barclays
Hold
Maintained
$31.00
+17.5%
08/04/2026
Unknown Analyst
Goldman Sachs
Hold
Maintained
$32.00
+21.3%
07/27/2026
Batya Levi
UBS
Buy
Maintained
$42.00
+59.2%
07/21/2026
David Karnovsky
J.P. Morgan
Buy
Reiterated
$43.00
+62.9%
05/08/2026
David Plaus
Bank of America Securities
Hold
Reiterated
$35.00
+32.6%
05/08/2026
Unknown Analyst
Jefferies
Buy
Reiterated
$35.00
+32.6%
04/23/2026
Last report
Aug 5, 2026
Fiscal period
Q3 2026
EPS / Est. (USD)
$0.51 / $0.39
+31.27%beat
Revenue / Est. (USD)
1.86B / 1.81B
+3.05%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.87B
1.84B
1.73B
1.86B
Cost of goods sold
1.03B
987.00M
930.00M
1.01B
Cost of revenue
1.03B
987.00M
930.00M
1.01B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
470.00M
458.00M
460.00M
464.00M
Operating expense
542.00M
526.00M
532.00M
542.00M
Total operating expenses
1.58B
1.51B
1.46B
1.55B
Operating income
292.00M
327.00M
270.00M
312.00M
Other non operating income
73.00M
1.00M
4.00M
6.00M
EBT including unusual items
106.00M
246.00M
254.00M
267.00M
EBT excluding unusual items
255.00M
285.00M
267.00M
274.00M
Income tax expense
-3.00M
71.00M
73.00M
67.00M
Effective tax rate
-2.83%
28.86%
28.74%
25.09%
Other operating expenses
-
-
-
-
Net income
109.00M
176.00M
183.00M
204.00M
Net profit margin
5.84%
9.57%
10.57%
10.94%
Earnings per share
0.51
0.43
0.43
0.51
Interest and investment income
2.00M
1.00M
3.00M
-
Interest expense
-45.00M
-46.00M
-44.00M
-46.00M
Net interest expenses
-43.00M
-45.00M
-41.00M
-46.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
396.00M
426.00M
373.00M
423.00M
Gain or loss from assets sale
-
5.00M
-
-
Insider transactions
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