wmg: the income statement

MyFinsight

Warner Music Group Corp. (WMG)

For the quarter ending 2025-06-30, WMG made $1,689M in revenue. -$4M in net income. Net profit margin of -0.24%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Revenue	1,689	1,484	1,666	1,554
Net gain on divestitures	-	-	-	1
Selling, general and administrative expenses	471	450	474	462
Restructuring and impairments	69	13	27	1
Cost of revenue	913	791	894	830
Amortization expense	67	62	57	55
Total costs and expenses	1,520	1,316	1,452	1,348
Operating income	169	168	214	207
Interest expense, net	-43	-39	-37	-40
Other (expense) income	-137	-64	153	4
(loss) income before income taxes	-11	65	330	171
Income tax expense	5	29	89	30
Net (loss) income	-16	36	241	141
Less income attributable to noncontrolling interest	-	-	5	2
Net (loss) income attributable to warner music group corp	-4	36	236	139
Net income attributable to warner music group corp	-	36	236	139

Basic eps	-	0.07	0.45	0.27
Diluted eps	-	0.07	0.45	0.27
Basic average shares	-	144,938,000	143,053,000	141,568,000
Diluted average shares	-	144,938,000	143,053,000	141,568,000
Basic (in dollars per share)	-0.03	-	-	-
Basic (in shares)	145,878,000	-	-	-
Diluted (in dollars per share)	-0.03	-	-	-
Diluted (in shares)	145,878,000	-	-	-

Unit: Million (M) dollars (except for numbers of shares and EPS)