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Earnings per Share | 9 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share The Company utilizes the two-class method to report earnings per share. Basic earnings per share is computed by dividing net income available to each class of stock, less earnings available to participating securities, divided by the weighted average number of outstanding common shares for each class of stock. Diluted earnings per share is computed by dividing net income available to each class of stock, less earnings available to participating securities, divided by the weighted average number of outstanding common shares, plus dilutive potential common shares, which is calculated using the treasury-stock method. The potentially dilutive common shares did not have a dilutive effect on the Company’s EPS calculation for the three and nine months ended June 30, 2025 and 2024. The following table sets forth the calculation of basic and diluted net income per common share under the two-class method for the three and nine months ended June 30, 2025 and 2024 (in millions, except share amounts, which are reflected in thousands, and per share data):
| Three Months Ended June 30, |  |
| 2025 |  | 2024 |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Warner Music Group Corp. | $ | (4) |  |  | $ | (12) |  |  | $ | 39 |  |  | $ | 100 |  |  |  |  |  |  |  |  |
Less: Net loss attributable to participating securities (a) | — |  |  | — |  |  | (2) |  |  | — |  |  |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders | $ | (4) |  |  | $ | (12) |  |  | $ | 37 |  |  | $ | 100 |  |  |  |  |  |  |  |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding | 145,878 |  |  | 375,380 |  |  | 141,568 |  |  | 376,315 |  |  |  |  |  |  |  |  |
Basic and Diluted Earnings (Loss) Per Share | $ | (0.03) |  |  | $ | (0.03) |  |  | $ | 0.27 |  |  | $ | 0.27 |  |  |  |  |  |  |  |  |
| Nine Months Ended June 30, |  |  |  |  |  |  |  |
| 2025 |  | 2024 |  |  |  |  |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Warner Music Group Corp. | $ | 73 |  |  | $ | 183 |  |  | $ | 111 |  |  | $ | 283 |  |  |  |  |  |  |  |  |
Less: Net income attributable to participating securities (a) | (3) |  |  | — |  |  | (5) |  |  | — |  |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 70 |  |  | $ | 183 |  |  | $ | 106 |  |  | $ | 283 |  |  |  |  |  |  |  |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding | 144,623 |  |  | 375,380 |  |  | 140,531 |  |  | 376,868 |  |  |  |  |  |  |  |  |
Basic and Diluted EPS | $ | 0.49 |  |  | $ | 0.49 |  |  | $ | 0.75 |  |  | $ | 0.75 |  |  |  |  |  |  |  |  |
______________________________________ (a)Participating securities include unvested restricted stock units, which include the right to receive non-forfeitable dividend equivalents. Participating securities are not contractually obligated to share in losses.

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