Warner Music reports Q3 revenue up 10%, operating income surges 80% on streaming growth

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Q3 FY2026 revenue grew 10% to ~$1,864M; Recorded Music up 10% to ~$1,488M, Music Publishing up 12% to ~$377M, driven by strong streaming performance across subscription and ad-supported channels.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Operating income jumped 80% to ~$305M from $169M prior year; Adjusted OIBDA rose 16% to ~$433M, reflecting strong operating performance and restructuring savings. Operating margin expanded to 16.4% from 10.0%.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Streaming revenue increased 12% to ~$1,001M in Recorded Music (subscription +12%, ad-supported +10%) and Music Publishing digital revenue grew 15% to ~$235M, underscoring strength in digital channels.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →