Warner Music Group Corp. (WMG)
Nasdaq: WMG · Services-Amusement & Recreation Services · New York, NY · filing with the SEC since 2005
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars. The fiscal year ends in September.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | Sep 30, 2017 | Sep 30, 2016 |
| Report filed | Nov 20, 2025 | Nov 21, 2024 | Nov 21, 2023 | Nov 22, 2022 | Nov 23, 2021 | Nov 23, 2020 | Nov 27, 2019 | Dec 20, 2018 | Dec 5, 2017 | · |
| Revenue | 6,707 | 6,426 | 6,037 | 5,919 | 5,301 | 4,463 | 4,475 | 4,005 | 3,576 | 3,246 |
| Cost of revenue | 3,632 | 3,355 | 3,177 | 3,080 | 2,742 | 2,333 | 2,401 | 2,171 | 1,931 | 1,707 |
| Selling, general and administrative | 1,889 | 1,879 | 1,826 | 1,862 | 1,721 | 2,169 | 1,510 | 1,411 | 1,222 | 1,082 |
| Sales and marketing | 642 | 685 | 710 | · | · | · | · | · | · | · |
| General and administrative | 1,135 | 1,089 | 991 | · | · | · | · | · | · | · |
| Total costs and expenses | 6,013 | 5,635 | 5,288 | 5,205 | 4,692 | 4,692 | 4,119 | 3,788 | 3,354 | 3,032 |
| Operating income | 694 | 823 | 790 | 714 | 609 | -229 | 356 | 217 | 222 | 214 |
| Interest expense | 177 | 182 | 157 | 125 | 119 | · | · | · | · | · |
| Interest income (expense), net | -162 | -161 | -141 | -125 | -122 | -127 | -142 | -138 | -149 | -173 |
| Share of profit of equity-method investments | · | · | · | · | · | · | 0 | 0 | 1 | · |
| Other income (expense), net | -42 | -61 | -36 | 151 | -9 | -57 | 60 | 394 | -40 | 18 |
| Income before income taxes | 490 | 601 | 609 | 740 | 456 | -447 | 267 | 442 | -2 | 41 |
| Income tax expense | 120 | 123 | 170 | 185 | 149 | 23 | 9 | 130 | -151 | 11 |
| Income from continuing operations | 370 | 478 | 439 | 555 | 307 | -470 | 258 | 312 | 149 | 30 |
| Net income to non-controlling interests | 5 | 43 | 9 | 4 | 3 | 5 | 2 | 5 | 6 | 5 |
| Net income | 365 | 435 | 430 | 551 | 304 | -475 | 256 | 307 | 143 | 25 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenueSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseDebtInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLoss