华纳音乐Warner Music Group（WMG）2026财年第一季度业绩报告「NASDAQ」（英文版）（17页）.pdf

1、WARNER MUSIC GROUP CORP.REPORTS RESULTS FOR FISCAL FIRST QUARTER ENDED DECEMBER 31,2025Financial Highlights High-Single-Digit Revenue Growth Reflects Broad-Based Strength Across Recorded Music and Music Publishing Continued Market Share Gains and Healthy Underlying Trends Drive Acceleration in Recor

2、ded Music Streaming GrowthDouble-Digit Margin Expansion and Operating Cash Flow Growth Supported by Operating Performance and Cost-Savings Delivery2026 Outlook Underpinned by Strategic Plan to Accelerate Growth through Investments in Core Business,Expansion of Monetization Opportunities,and Cost Sav

3、ings Initiatives Which Will Drive 150 to 200 Basis Points of Margin ImprovementFor the three months ended December 31,2025Total revenue increased 10%,or 7%in constant currencyNet income was$175 million compared to$241 million in the prior-year quarterOperating income increased 35%to$288 million vers

4、us$214 million in the prior-year quarterAdjusted OIBDA increased 28%to$463 million versus$363 million in the prior-year quarter,or 22%in constant currencyCash provided by operating activities increased to$440 million versus$332 million in the prior-year quarterNEW YORK,New York,February 5,2026Warner

5、 Music Group Corp.today announced its first-quarter financial results for the period ended December 31,2025.“2026 is off to a strong start as our creative success continues to fuel consistent market share growth and financial performance,”said Robert Kyncl,CEO,Warner Music Group.“We have an exciting

6、 slate of new music ahead and are leading the charge with AI to drive a step change in value creation for artists,songwriters,and shareholders,ensuring that WMG is well-positioned for long-term success.”“We are delivering on our promises by combining significant transformation with accelerated growt