Quarterly ResultMay 7, 2026, 04:16 PM
Warner Music Group Q2 Revenue +17% to $1.73B; EPS $0.35; Declares Dividend
AI Summary
Warner Music Group Corp. reported strong financial results for its fiscal second quarter ended March 31, 2026, with total revenue increasing 17% to $1.73 billion. Net income surged to $181 million from $36 million in the prior-year quarter, and diluted EPS reached $0.34. The Board of Directors also declared a regular quarterly cash dividend of $0.19 per share.
Key Highlights
- Total revenue increased 17% to $1.73 billion for Q2 2026.
- Net income rose significantly to $181 million from $36 million year-over-year.
- Diluted earnings per share (EPS) was $0.34, up from $0.07 in the prior-year quarter.
- Adjusted OIBDA increased 31% to $397 million.
- Recorded Music revenue grew 17% to $1.38 billion.
- Music Publishing revenue increased 14% to $353 million.
- Quarterly cash dividend of $0.19 per share declared, payable June 2, 2026.
- Cash provided by operating activities increased 83% to $126 million.