Warner Music Group Q3 FY26 earnings

Revenue $1.86B, up 10.4% on a year earlier. Digital Revenue $1.02B, up 9.4%. Music Publishing digital revenue $235.00M, up 15.2%.

The results

Q3 FY26Q2 FY26Q3 FY25Year over year
Revenue$1.86B$1.73B$1.69B+10.4%
Operating income$305.00M$264.00M$169.00M+80.5%
Net income$204.00M$183.00M-$16.00M
Operating cash flow$142.00M$126.00M$46.00M+208.7%
Capital expenditures-$28.00M-$27.00M-$39.00M
Free cash flow$114.00M$99.00M$7.00M+1528.6%
Dividend per share$0.19$0.19$0.18

KPIs this quarter

Q3 FY26Q3 FY25Year over year
Digital Revenue$1.02B$929.00M+9.4%
Music Publishing digital revenue$235.00M$204.00M+15.2%
Mechanical Revenue$19.00M$16.00M+18.8%
Music Publishing revenue$377.00M$336.00M+12.2%
Performance Revenue$59.00M$58.00M+1.7%
Recorded Music digital revenue$1.02B$929.00M+9.4%
Recorded Music revenue$1.49B$1.35B+9.9%
Synchronization Revenue$60.00M$54.00M+11.1%

Sources

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Stock Atlas, “Warner Music Group (WMG) Q3 FY26 earnings: results and KPIs”, stockatlas.com/companies/WMG/earnings/2026-q3/, data as of 3 November 2026. Links to this page are welcome.