Warner Music Group Corp Ordinary Shares - Class A

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Warner Music Earnings: Spectacular; Recorded Music Subscription Streaming Revenue up 15%

Matthew Dolgin

May 8, 2026

Excluding a five-percentage-point currency boost, Warner Music's fiscal second-quarter sales rose 12% year over year, and its adjusted EBITDA margin expanded by 250 basis points, to almost 23%. Recorded music subscription streaming revenue was up 15% on a like-for-like basis, a stunning result.

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Warner Music Group Corp Ordinary Shares - Class A

Warner Music Earnings: Spectacular; Recorded Music Subscription Streaming Revenue up 15%

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