Warner Music rises as Q4 revenue beats estimates

Warner Music

20/11/2025 13:28

** Shares of Warner Music Group WMG.O up 2.9% at $31.37 premarket after Q4 revenue beats estimates

** Co posts Q4 revenue of $1.87 bln, up 15% to all-time high, beating analysts' average estimate of $1.68 bln - data compiled by LSEG

** Recorded Music revenue rises 15% to $1.53 bln; subscription streaming up ~9%

** CEO Robert Kyncl says market share gains and AI-driven opportunities underpin momentum; expects margin improvement of 150–200 bps in FY26

** Stock down 1.6% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))