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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 1,689 $ 1,554 $ 4,839 $ 4,796
Costs and expenses:        
Cost of revenue (913) (830) (2,598) (2,501)
Selling, general and administrative expenses [1] (471) (462) (1,395) (1,384)
Restructuring and impairments (69) (1) (109) (96)
Amortization expense (67) (55) (186) (167)
Total costs and expenses (1,520) (1,348) (4,288) (4,148)
Net gain on divestitures 0 1 0 32
Operating income 169 207 551 680
Interest expense, net (43) (40) (119) (121)
Other (expense) income (137) 4 (48) (9)
(Loss) income before income taxes (11) 171 384 550
Income tax expense (5) (30) (123) (120)
Net (loss) income (16) 141 261 430
Less: Income attributable to noncontrolling interest 0 (2) (5) (36)
Net (loss) income attributable to Warner Music Group Corp. (16) 139 256 394
Class A Common Stock        
Costs and expenses:        
Net (loss) income attributable to Warner Music Group Corp. $ (4) $ 39 $ 73 $ 111
Net income (loss) per share attributable to common stockholders:        
Basic (in dollars per share) $ (0.03) $ 0.27 $ 0.49 $ 0.75
Diluted (in dollars per share) $ (0.03) $ 0.27 $ 0.49 $ 0.75
Weighted average common shares:        
Basic (in shares) 145,878,000 141,568,000 144,623,000 140,531,000
Diluted (in shares) 145,878,000 141,568,000 144,623,000 140,531,000
Class B Common Stock        
Costs and expenses:        
Net (loss) income attributable to Warner Music Group Corp. $ (12) $ 100 $ 183 $ 283
Net income (loss) per share attributable to common stockholders:        
Basic (in dollars per share) $ (0.03) $ 0.27 $ 0.49 $ 0.75
Diluted (in dollars per share) $ (0.03) $ 0.27 $ 0.49 $ 0.75
Weighted average common shares:        
Basic (in shares) 375,380,000 376,315,000 375,380,000 376,868,000
Diluted (in shares) 375,380,000 376,315,000 375,380,000 376,868,000
[1]
Includes depreciation expense of $(29) and $(26) for the three months ended December 31, 2024 and December 31, 2023, respectively.