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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Revenue $ 6,426 $ 6,037 $ 5,919
Costs and expenses:      
Cost of revenue (3,355) (3,177) (3,080)
Selling, general and administrative expenses [1] (1,879) (1,826) (1,862)
Restructuring and impairments (177) (40) 0
Amortization expense (224) (245) (263)
Total costs and expenses (5,635) (5,288) (5,205)
Net gain on divestitures 32 41 0
Operating income 823 790 714
Loss on extinguishment of debt 0 (4) 0
Interest expense, net (161) (141) (125)
Other (expense) income, net (61) (36) 151
Income before income taxes 601 609 740
Income tax expense (123) (170) (185)
Net income 478 439 555
Less: Income attributable to noncontrolling interest (43) (9) (4)
Net income attributable to Warner Music Group Corp. 435 430 551
Class A Common Stock      
Costs and expenses:      
Net income attributable to Warner Music Group Corp. $ 122 $ 119 $ 149
Net income per share attributable to common stockholders:      
Basic (in dollars per share) $ 0.83 $ 0.82 $ 1.06
Diluted (in dollars per share) $ 0.83 $ 0.82 $ 1.06
Weighted average common shares:      
Basic (in shares) 140,882,000 138,070,000 133,662,000
Diluted (in shares) 140,882,000 138,070,000 133,662,000
Class B Common Stock      
Costs and expenses:      
Net income attributable to Warner Music Group Corp. $ 313 $ 311 $ 402
Net income per share attributable to common stockholders:      
Basic (in dollars per share) $ 0.83 $ 0.82 $ 1.06
Diluted (in dollars per share) $ 0.83 $ 0.82 $ 1.06
Weighted average common shares:      
Basic (in shares) 376,641,000 377,650,000 381,046,000
Diluted (in shares) 376,641,000 377,650,000 381,046,000
[1]
Includes depreciation expense of $(87), $(76), and $(77) for the fiscal years ended September 30, 2023, 2022, and 2021 respectively.