Warner Music Group Corp.
WMGNASDAQCommunication Services● Active
$30.06
+$0.13(+0.43%)
Market Cap$15.7B
P/E Ratio—
52W High$35.42
52W Low$23.34
Warner Music Group Corp. (WMG) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
WMG · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 7, 2026EPS Actual
$0.35
Est. $0.27 · +31.0%
Revenue
$1.73B
Est. $1.61B · +7.4%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 7, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue✓ 1-Quarter EPS Beat Streak
WMG reports quarterly as a NASDAQ-listed Entertainment company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
$1.19
Rev. $0.35B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.$1.19
Rev. Est.$0.35B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | $0.38 | — | — | — | $1.81B | — |
| ▲ Q2 FY2026 | May 7, 2026 | $0.27 | $0.35 | +31.0% | $1.73B | $1.61B | +7.4% |
| ▼ Q1 FY2026 | Feb 5, 2026 | $0.40 | $0.33 | -17.5% | $1.84B | $1.77B | +3.8% |
| ▼ Q4 FY2025 | Nov 20, 2025 | $0.35 | $0.21 | -40.0% | $1.87B | $1.77B | +5.4% |
| ▼ Q3 FY2025 | Aug 7, 2025 | $0.29 | -$0.03 | -110.3% | $1.69B | $1.59B | +6.0% |
| ▼ Q2 FY2025 | May 8, 2025 | $0.28 | $0.07 | -75.2% | $1.48B | $1.52B | -2.2% |
| ▲ Q1 FY2025 | Feb 6, 2025 | $0.34 | $0.45 | +32.4% | $1.67B | $1.53B | +8.6% |
| ▼ Q4 FY2024 | Nov 21, 2024 | $0.28 | $0.08 | -71.4% | $1.63B | $1.59B | +2.5% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
$0.38
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 7, 2026Beat
EPS Actual
$0.35
EPS Est.
$0.27
EPS Surpr.
+31.0%
Revenue
$1.73B
Q1 FY2026
Feb 5, 2026Miss
EPS Actual
$0.33
EPS Est.
$0.40
EPS Surpr.
-17.5%
Revenue
$1.84B
Q4 FY2025
Nov 20, 2025Miss
EPS Actual
$0.21
EPS Est.
$0.35
EPS Surpr.
-40.0%
Revenue
$1.87B
Q3 FY2025
Aug 7, 2025Miss
EPS Actual
-$0.03
EPS Est.
$0.29
EPS Surpr.
-110.3%
Revenue
$1.69B
Q2 FY2025
May 8, 2025Miss
EPS Actual
$0.07
EPS Est.
$0.28
EPS Surpr.
-75.2%
Revenue
$1.48B
Q1 FY2025
Feb 6, 2025Beat
EPS Actual
$0.45
EPS Est.
$0.34
EPS Surpr.
+32.4%
Revenue
$1.67B
Q4 FY2024
Nov 21, 2024Miss
EPS Actual
$0.08
EPS Est.
$0.28
EPS Surpr.
-71.4%
Revenue
$1.63B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q3 FY2028 | $0.53 | $0.55 | $0.57 | 1 |
| Q2 FY2028 | $0.50 | $0.52 | $0.54 | 1 |
| Q1 FY2028 | $0.44 | $0.45 | $0.47 | 1 |
| Q4 FY2027 | $0.57 | $0.59 | $0.62 | 1 |
| Q3 FY2027 | $0.44 | $0.46 | $0.48 | 1 |
| Q2 FY2027 | $0.42 | $0.43 | $0.45 | 1 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q3 FY2028 | $2.1B | $2.1B | $2.2B | 3 |
| Q2 FY2028 | $2.0B | $2.1B | $2.1B | 5 |
| Q1 FY2028 | $1.9B | $2.0B | $2.0B | 3 |
| Q4 FY2027 | $2.0B | $2.1B | $2.2B | 7 |
| Q3 FY2027 | $1.9B | $2.0B | $2.1B | 4 |
| Q2 FY2027 | $1.9B | $1.9B | $2.0B | 6 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 7, 2026 | +31.0% | $30.35 | $31.04 | +2.27% |
| ▼ Q1 FY2026 | Feb 5, 2026 | -17.5% | $28.20 | $28.19 | -0.04% |
| ▼ Q4 FY2025 | Nov 20, 2025 | -40.0% | $30.50 | $29.69 | -2.66% |
| ▼ Q3 FY2025 | Aug 7, 2025 | -110.3% | $30.04 | $31.15 | +3.70% |
| ▼ Q2 FY2025 | May 8, 2025 | -75.2% | $30.09 | $27.70 | -7.94% |
| ▲ Q1 FY2025 | Feb 6, 2025 | +32.4% | $32.10 | $31.75 | -1.09% |
| ▼ Q4 FY2024 | Nov 21, 2024 | -71.4% | $33.67 | $31.18 | -7.40% |
| ▲ Q3 FY2024 | Aug 7, 2024 | +18.5% | $28.11 | $28.65 | +1.92% |
Q2 FY2026+2.27%
Report Date
May 7, 2026
EPS Beat/Miss
+31.0%
Price Before
$30.35
Price After
$31.04
Q1 FY2026-0.04%
Report Date
Feb 5, 2026
EPS Beat/Miss
-17.5%
Price Before
$28.20
Price After
$28.19
Q4 FY2025-2.66%
Report Date
Nov 20, 2025
EPS Beat/Miss
-40.0%
Price Before
$30.50
Price After
$29.69
Q3 FY2025+3.70%
Report Date
Aug 7, 2025
EPS Beat/Miss
-110.3%
Price Before
$30.04
Price After
$31.15
Q2 FY2025-7.94%
Report Date
May 8, 2025
EPS Beat/Miss
-75.2%
Price Before
$30.09
Price After
$27.70
Q1 FY2025-1.09%
Report Date
Feb 6, 2025
EPS Beat/Miss
+32.4%
Price Before
$32.10
Price After
$31.75
Q4 FY2024-7.40%
Report Date
Nov 21, 2024
EPS Beat/Miss
-71.4%
Price Before
$33.67
Price After
$31.18
Q3 FY2024+1.92%
Report Date
Aug 7, 2024
EPS Beat/Miss
+18.5%
Price Before
$28.11
Price After
$28.65
Avg Beat Reaction+1.03%
Avg Miss Reaction-2.87%
Beat Rate3 / 8 quarters
Largest Move-7.94% (Q2 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: WMG ends December
Warner Music Group Corp. (WMG) most recently reported earnings on May 7, 2026 for Q2 FY2026, posting EPS of $0.35 — beating the analyst consensus of $0.27 by +31.0%. The next WMG earnings date is expected around September 1, 2026.
Each quarter, investors track WMG earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. WMG revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
WMG's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
WMG earnings · 5 questionsWarner Music Group Corp.'s next earnings report is expected around September 1, 2026. WMG typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; WMG historically reports after market close (AMC).
WMG earnings datewhen is WMG earningsWMG next earnings datewhen does WMG report earningsWMG earnings calendar
▸ Source: FMP · Warner Music Group Corp. SEC filings · US GAAP · Warner Music Group Corp. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026