Warner Music Group Q2 revenue falls 1% to $1,484 million; net income drops 63%
Warner Music Group reported fiscal second-quarter results for the period ended March 31, 2025. Revenue declined 1% to $1,484 million and net income fell 63% to $36 million, while operating income rose 41% to $168 million. Adjusted OIBDA decreased 3% to $303 million, and the filing gives no guidance for future periods.
Key points
- Revenue was $1,484 million versus $1,494 million a year earlier, down 1% (up 1% in constant currency).
- Net income was $36 million, or $0.07 per Class A and Class B share, versus $96 million, or $0.18 per share, a year earlier.
- Operating income rose 41% to $168 million, helped by a $82 million decrease in restructuring and impairment charges.
- Adjusted OIBDA fell 3% to $303 million, and its margin declined to 20.4% from 20.9%.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.