Warner Music Group — Feb 5, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001319161-26-000007
Showing in the filing
Margin Improvement (2026 Outlook)
“150 to 200 Basis Points of Margin Improvement”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
Margin Improvement (2026 Outlook) for FY2026
“150 to 200 Basis Points of Margin Improvement”
Regular quarterly cash dividend per share for FY2026
“$0.19 per share”
Regular quarterly cash dividend
“$0.19 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
REPORTS RESULTS FOR FISCAL FIRST QUARTER ENDED DECEMBER 31, 2025 Financial Highlights • High-Single-Digit Revenue Growth Reflects Broad-Based Strength Across Recorded Music and Music Publishing • Continued Market Share Gains and Healthy Underlying Trends Drive Acceleration in Recorded Music Streaming Growth • Double-Digit Margin Expansion and Operating Cash Flow Growth Supported by Operating Performance and Cost-Savings Delivery • 2026 Outlook Underpinned by Strategic Plan to Accelerate Growth through Investments in Core Business, Expansion of Monetization Opportunities, and Cost Savings Initiatives Which Will Drive 150 to 200 Basis Points of Margin Improvement For the three months ended December 31, 2025 • Total revenue increased 10%, or 7% in constant currency • Net income was $175 million compared to $241 million in the prior-ye ar quar ter • Operating income increased 35% to $288 million versus $214 million in the prior-year quarter • Adjusted OIBDA increased 28% to $463 million versus $363 million in the prior-year quarter, or 22% in constant currency • Cash provided by operating activities increased to $440 million versus $332 million in the prior-year quarter NEW YORK, New York, February 5, 2026—Warner Music Group Corp. today announced its first-quarter financial results for the period ended December 31, 2025. “2026 is off to a strong start as our creative success continues to fuel consistent market share growth and financial performance,” said Robert Kyncl, CEO, Warner Music Group. “We have an exciting slate of new music ahead and are leading the charge with AI to drive a step change in value creation for artists, songwriters, and shareholders, ensuring that WMG is well-positioned for long-term success.” “We are delivering on our promises by combining significant transformation with accelerated growth and profitability, marking o
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.