Warner Music Group Reports Mixed Q2 Results

Warner Music Group Corp. ( (WMG) ) has released its Q2 earnings. Here is a breakdown of the information Warner Music Group Corp. presented to its investors.

Warner Music Group Corp. is a leading global entertainment company, primarily engaged in the recorded music and music publishing industries, known for its diverse portfolio of iconic labels and a vast catalog of musical works.

In its latest earnings report for the fiscal second quarter ending March 31, 2025, Warner Music Group highlighted a mixed financial performance with revenue slightly decreasing by 1% compared to the previous year, although it showed a 1% increase in constant currency. The company emphasized its strategic reinvestment initiatives and cost-saving measures that are currently on track.

Key financial metrics revealed a 63% drop in net income to $36 million, despite a significant 41% rise in operating income to $168 million. Adjusted OIBDA saw a slight decline of 3% to $303 million. Notably, operating cash flow and free cash flow showed robust growth, increasing by 53% and 59% respectively, indicating strong cash management.

Looking ahead, Warner Music Group’s management remains optimistic about the company’s strategic direction, focusing on expanding its market share and delivering sustained growth and profitability for its stakeholders, driven by reinvestment in its artists and songwriters.