Company / Operating Income
Warner Music Group Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$694.0M
FY2025
5-year range
-$229.0M / $823.0M
FY2021-FY2025
Trend
-15.7%
vs FY2024
Sector context
#17 of 68
Communication Services
What the data says
Warner Music Group's operating income of $694M is higher than 75% of companies in the Communication Services sector (FY2025). Operating Income has fluctuated over the past 10 years, ranging from -$229M in FY2022 to $823M in FY2024.
Based on SEC 10-K filings.
$694M in FY2025 with a 5-year CAGR of +26.2%. Top quartile in the Communication Services sector.
Improved from $609M to $694M over the past 2 years.
Communication Services sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +26.2%
- 10-Year CAGR
- -
Sector benchmark
-86.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +26.2%, indicating consistent growth.
- In FY2025, operating income decreased 15.7% year-over-year.
- Ranks #17 out of 68 companies in the Communication Services sector.
- Peak operating income was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.71 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $694.0M | -15.7% |
| FY2024 | $823.0M | +35.1% |
| FY2023 | $609.0M | +365.9% |
| FY2022 | -$229.0M | -164.3% |
| FY2021 | $356.0M | +64.1% |
| FY2020 | $217.0M | -39.0% |
| FY2019 | $356.0M | +66.4% |
| FY2018 | $214.0M | +68.5% |
| FY2017 | $127.0M | -40.7% |
| FY2016 | $214.0M | +68.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026