Warner Music Group (WMG) reported strong fiscal second-quarter 2026 results, beating earnings and revenue estimates. Earnings per share (EPS) came in at $0.44, far above the $0.27 forecast, a surprise of 62.96%. Revenue reached $1.73 billion, surpassing projections of $1.61 billion by 7.45%.
Following the announcement, Warner Music shares surged 9.92% in after-hours trading. The stock later adjusted slightly, closing at $32.69, down 2.71% from its post-earnings peak. The company has a market cap of $17.05 billion.
CEO Robert Kyncl said: 'Our second-quarter results validate our strategic transformation initiatives and underscore our commitment to driving growth through innovation and operational excellence.'
