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Warner Music Group Reports Record Revenue in Q4 and Fiscal Year 2025

Warner Music Group Corp. (WMG) | November 20, 2025

By Ian Walker

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Warner Music Group Corp. announced its financial results for the fourth quarter and full year ended September 30, 2025.

Quarterly revenue reached an all-time high fueled by growth in Recorded Music and Music Publishing.

Market share gains and streaming growth contributed to the strong performance.

Revenue Growth

Total revenue increased by 15% in the fourth quarter and 4% for the fiscal year 2025.

Digital Revenue

Digital revenue saw an 8% increase in the fourth quarter.

Net Income

Net income rose to $109 million compared to $48 million in the prior-year quarter.

Adjusted OIBDA

Adjusted OIBDA increased by 15% to $405 million in the fourth quarter.

Cash Flow

Cash provided by operating activities decreased by 24% in the fourth quarter.

  • The double-digit growth in revenue and the strong performance in the second half of 2025 demonstrate the effectiveness of Warner Music Group's strategy.
  • Market share gains and streaming growth highlight the company's resilient position in the music industry.

Warner Music Group's financial results for 2025 show a positive trend with record revenue and strategic initiatives driving growth. The company's focus on expanding revenue streams and driving efficiency sets a strong foundation for continued success in 2026.