WMG— Warner Music Group Corp.

Communication ServicesMedia$9.9B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Revenue	$6.71B+4.4%	$6.43B+6.4%	$6.04B+2.0%	$5.92B
Cost of revenue	-$3.63B-8.3%	-$3.35B-5.6%	-$3.18B-3.1%	-$3.08B
Selling, general and administrative expenses	-$1.89B-0.5%	-$1.88B-2.9%	-$1.83B+1.9%	-$1.86B
Restructuring and impairments	-$234.0M-32.2%	-$177.0M-342.5%	-$40.0M	$0
Amortization expense	-$258.0M-15.2%	-$224.0M+8.6%	-$245.0M+6.8%	-$263.0M
Total costs and expenses	-$6.01B-6.7%	-$5.63B-6.6%	-$5.29B-1.6%	-$5.21B
Net gain on divestitures	$0-100.0%	$32.0M-22.0%	$41.0M	$0
Operating income	$694.0M-15.7%	$823.0M+4.2%	$790.0M+10.6%	$714.0M
Loss on extinguishment of debt	$0	$0+100.0%	-$4.0M	$0
Interest expense, net	-$162.0M-0.6%	-$161.0M-14.2%	-$141.0M-12.8%	-$125.0M
Other expense, net	-$42.0M+31.1%	-$61.0M-69.4%	-$36.0M-123.8%	$151.0M
Income before income taxes	$490.0M-18.5%	$601.0M-1.3%	$609.0M-17.7%	$740.0M
Income tax expense	-$120.0M+2.4%	-$123.0M+27.6%	-$170.0M+8.1%	-$185.0M
Net income	$370.0M-22.6%	$478.0M+8.9%	$439.0M-20.9%	$555.0M
Less: Income attributable to noncontrolling interest	-$5.0M+88.4%	-$43.0M-377.8%	-$9.0M-125.0%	-$4.0M
Net income attributable to Warner Music Group Corp.	$365.0M-16.1%	$435.0M+1.2%	$430.0M-22.0%	$551.0M
Class A Common Stock
Basic (in dollars per share)	$0.69-16.9%	$0.83+1.2%	$0.82-22.6%	$1.06
Diluted (in dollars per share)	$0.69-16.9%	$0.83+1.2%	$0.82-22.6%	$1.06
Basic (in shares)	375.4M-100.0%	376.64T-0.3%	377.65T-0.9%	381.05T
Diluted (in shares)	375.4M-100.0%	376.64T-0.3%	377.65T-0.9%	381.05T
Class B Common Stock

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.