| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $6.43B+6.4% | $6.04B+2.0% | $5.92B+11.7% | $5.30B+18.8% | $4.46B-0.3% | $4.47B+11.7% | $4.00B |
| Cost of revenue | -$3.35B-5.6% | -$3.18B-3.1% | -$3.08B-12.3% | -$2.74B-17.5% | -$2.33B+2.8% | -$2.40B-10.6% | -$2.17B |
| Selling, general and administrative expenses | -$1.88B-2.9% | -$1.83B+1.9% | -$1.86B-8.2% | -$1.72B+20.7% | -$2.17B-43.6% | -$1.51B-7.0% | -$1.41B |
| Restructuring and impairments | -$177.0M-342.5% | -$40.0M | $0 | — | — | — | — |
| Amortization expense | -$224.0M+8.6% | -$245.0M+6.8% | -$263.0M-14.8% | -$229.0M-20.5% | -$190.0M+8.7% | -$208.0M-1.0% | -$206.0M |
| Total costs and expenses | -$5.63B-6.6% | -$5.29B-1.6% | -$5.21B-10.9% | -$4.69B+0.0% | -$4.69B-13.9% | -$4.12B-8.7% | -$3.79B |
| Net gain on divestitures | $32.0M-22.0% | $41.0M | $0 | $0 | — | — | — |
| Operating income | $823.0M+4.2% | $790.0M+10.6% | $714.0M+17.2% | $609.0M+365.9% | -$229.0M-164.3% | $356.0M+64.1% | $217.0M |
| Loss on extinguishment of debt | $0+100.0% | -$4.0M | $0+100.0% | -$22.0M+35.3% | -$34.0M-385.7% | -$7.0M-122.6% | $31.0M |
| Interest expense, net | -$161.0M-14.2% | -$141.0M-12.8% | -$125.0M-2.5% | -$122.0M+3.9% | -$127.0M+10.6% | -$142.0M-2.9% | -$138.0M |
| Other (expense) income, net | -$61.0M-69.4% | -$36.0M-123.8% | $151.0M+1777.8% | -$9.0M+84.2% | -$57.0M-195.0% | $60.0M-84.8% | $394.0M |
| Income before income taxes | $601.0M-1.3% | $609.0M-17.7% | $740.0M+62.3% | $456.0M+202.0% | -$447.0M-267.4% | $267.0M-39.6% | $442.0M |
| Income tax expense | -$123.0M+27.6% | -$170.0M+8.1% | -$185.0M-24.2% | -$149.0M-547.8% | -$23.0M-155.6% | -$9.0M+93.1% | -$130.0M |
| Net income | $478.0M+8.9% | $439.0M-20.9% | $555.0M+80.8% | $307.0M+165.3% | -$470.0M-282.2% | $258.0M-17.3% | $312.0M |
| Less: Income attributable to noncontrolling interest | -$43.0M-377.8% | -$9.0M-125.0% | -$4.0M-33.3% | -$3.0M+40.0% | -$5.0M-150.0% | -$2.0M+60.0% | -$5.0M |
| Net income attributable to Warner Music Group Corp. | $313.0M+0.6% | $311.0M-22.6% | $402.0M+70.3% | $236.0M+149.7% | -$475.0M-285.5% | $256.0M-16.6% | $307.0M |
| Class A Common Stock | |||||||
| Basic (in dollars per share) | $0.83+1.2% | $0.82-22.6% | $1.06+82.8% | $0.58+161.1% | -$0.95-286.3% | $0.51 | — |
| Diluted (in dollars per share) | $0.83+1.2% | $0.82-22.6% | $1.06+82.8% | $0.58+161.1% | -$0.95-286.3% | $0.51 | — |
| Basic (in shares) | 376.64T-0.3% | 377.65T-0.9% | 381.05T-5.4% | 402.91T-15.6% | 477.62T-4.9% | 501.99T | — |
| Diluted (in shares) | 376.64T-0.3% | 377.65T-0.9% | 381.05T-5.4% | 402.91T-15.6% | 477.62T-4.9% | 501.99T | — |
| Class B Common Stock | |||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.