Warner Music Group Earnings Call Recap: What You Need to Know

Warner Music Group CEO Robert Kyncl used the company's third fiscal quarter earnings call to defend his three-year turnaround strategy, pointing to rising revenue and improved streaming deals as evidence it is working. The call, held days after the surprise departure of CFO and COO Armin Zerza, also saw Kyncl outline more than $600 million in cumulative cost cuts and confirm leadership changes, including Louis Dickler stepping in as acting CFO and Tom Corson becoming WMG's new COO.

Preliminary figures showed quarterly revenue up 10% to nearly $1.9 billion, driven by an 11% rise in digital revenue to about $1.25 billion, with recorded music streaming revenue climbing 12% to just over $1 billion. Acting CFO Dickler attributed that growth to subscription income, improved licensing terms with partners such as Apple, and expanded market share partly linked to the 2024 integration of Elliot Grainge's 10K Projects. Kyncl also highlighted recent hits from Stella Lefty and the Shakira/Burna Boy World Cup anthem, and flagged upcoming releases from artists including Miley Cyrus, David Guetta and Teddy Swims later in 2026.