Warner Music Group Corp.WMGNASDAQ
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Cost of Revenue Over TimeStrong
Percentile Rank100
3Y CAGR+6.4%
5Y CAGR+6.9%
Studio
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+6.4%/yr
vs +7.3%/yr prior
5Y CAGR
+6.9%/yr
Consistent
Acceleration
-0.9pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
6 yr
Consecutive growthStrong
PeriodValueYoY Change
TTM$3.82B+5.3%
2025$3.63B+8.3%
2024$3.35B+5.6%
2023$3.18B+3.1%
2022$3.08B+12.3%
2021$2.74B+17.5%
2020$2.33B-2.8%
2019$2.40B+10.6%
2018$2.17B+12.4%
2017$1.93B-