Universal Music Group N.V. ( (UMGNF) ) has released its Q1 earnings. Here is a breakdown of the information Universal Music Group N.V. presented to its investors.
Universal Music Group N.V. (UMG) is a global leader in music-based entertainment, engaging in recorded music, music publishing, merchandising, and audiovisual content, with a comprehensive catalog across various musical genres.
In the first quarter of 2025, Universal Music Group reported strong financial results, with a notable increase in revenue and earnings. The company achieved a revenue of €2,901 million, marking an 11.8% year-over-year growth, driven by robust performances in both recorded music and music publishing segments.
Key financial highlights include an 11.5% growth in recorded music subscription revenue and a 2.9% increase in streaming revenue. The adjusted EBITDA rose to €661 million, reflecting an 11.8% year-over-year increase, with a consistent adjusted EBITDA margin of 22.8%. The company’s top-selling artists for the quarter included Kendrick Lamar, Lady Gaga, and The Weeknd.
Music publishing revenues also saw an 11.9% rise, supported by a 19.4% increase in digital revenue. However, merchandising and other revenues experienced a slight decline, attributed to timing-related decreases in touring merchandise sales.
Looking ahead, Universal Music Group remains optimistic about achieving its mid-term financial objectives, driven by strategic initiatives and continued growth in its core business areas.