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Companies / Internet, media & interactive / WMG

Warner Music Group

WMG · Internet, media & interactive sector group
Guidance from Warner Music Group’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
5 items
Releases tracked
8
Latest release
Aug 5, 2026
Data checked
Aug 5, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Aug 5, 2026 release

Each item compared with the same item in the previous release (May 7, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewOperating Cash Flow Conversion Targetfor FY2026—“50-60%”Filing ↗
ReiteratedMargin Expansionfor FY2026“High End of 150-200 Basis Points”“High End of 150-200 Basis Points”Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Cost Savings Contribution to Margin Improvement“150 to 200 Basis Points”for FY2026Company-definedNov 20, 20251Filing ↗
Margin Expansion“High End of 150-200 Basis Points”for FY2026Company-definedMay 7, 20262Filing ↗
Margin Improvement“150 to 200 Basis Points”for FY2026Company-definedNov 20, 20251Filing ↗
Margin Improvement (2026 Outlook)“150 to 200 Basis Points of Margin Improvement”for FY2026Company-definedFeb 5, 20261Filing ↗
Operating Cash Flow Conversion Target“50-60%”for FY2026GAAP-tiedAug 5, 20261Filing ↗
Regular quarterly cash dividend per share“$0.20 per share”for Q4 FY2026Declared actionAug 5, 20261Filing ↗
Regular quarterly cash dividend per share“$0.19 per share”for FY2026Declared actionFeb 5, 20261Filing ↗
No period stated
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
New share repurchase program authorized by the board of directors“$100 million”—Declared actionNov 21, 20241Filing ↗
Regular quarterly cash dividend“$0.20 per share”—Declared actionFeb 5, 20263Filing ↗
Share repurchase program“$100 million”—Declared actionNov 21, 20241Filing ↗

How one item moved

Regular quarterly cash dividend, No period stated — every statement across the year, each linked to its filing.

Feb 5, 2026
New
“$0.19 per share”
Filing ↗
May 7, 2026
Reiterated
“$0.19 per share”
Filing ↗
Aug 5, 2026
Raised
“$0.20 per share”
Filing ↗

How your Internet, media & interactive sector group guides

11 companies in Internet, media & interactive. What they guide on, and who reported this season.

Most-guided metric families
Revenue
10
Buybacks
6
Adjusted EBITDA
5
GAAP EPS
4
Capex
4
Free cash flow
3
Tax rate
3
Production volumes
2
This season’s releases
Take-Two InteractiveAug 7, 202614 changes
The Trade DeskAug 6, 20262 changes
AppLovinAug 5, 20263 changes
Warner Music GroupAug 5, 20261 change
Match GroupAug 4, 20267 changes
PinterestAug 4, 20265 changes
Live Nation EntertainmentJul 30, 202625 changes
RedditJul 30, 20262 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2026FY2025No period
Recorded Music Subscription Streaming Revenue—1 statement—
Cost Savings Contribution to Margin Improvement1 statement——
Margin Expansion2 statements——
Margin Improvement2 statements——
New share repurchase program authorized by the board of directors——1 statement
The full record for Warner Music Group and its Internet, media & interactive peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Aug 5, 2026FY2026 Q30001319161-26-0000314Open filing ↗
May 7, 2026FY2026 Q20001319161-26-0000213Open filing ↗
Feb 5, 2026FY2026 Q10001319161-26-0000073Open filing ↗
Nov 20, 2025FY2025 Q40001319161-25-0000322Open filing ↗
Aug 7, 2025FY2025 Q30001319161-25-0000221Open filing ↗
May 8, 2025FY2025 Q20001319161-25-0000140Open filing ↗
Feb 6, 2025FY2025 Q10001319161-25-0000052Open filing ↗
Nov 21, 2024FY2024 Q40001319161-24-0000372Open filing ↗
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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