Stocks Comparison
Reservoir Media vs Warner Music: revenue, profit, margins and growth compared
Reservoir Media brought in $175.7M of revenue in fiscal 2026, Warner Music $6.7B in fiscal 2025. Revenue changed by +10.7% at Reservoir Media and +4.4% at Warner Music on the year before, so Reservoir Media grew faster. Reservoir Media kept 4.7% of its revenue as net profit, Warner Music 5.4%. Free cash flow was $49.7M at Reservoir Media and $539M at Warner Music.
Side by side, latest fiscal year
| RSVR | WMG | |
|---|---|---|
| Fiscal year ended | FY2026 (March 31, 2026) | FY2025 (September 30, 2025) |
| Revenue | $175.7M | $6.7B |
| Revenue growth | +10.7% | +4.4% |
| Net income | $8.3M | $365M |
| Net margin | 4.7% | 5.4% |
| Free cash flow | $49.7M | $539M |
| Free cash flow margin | 28.3% | 8.0% |
| Earnings per share (diluted) | $0.13 | n/a |
| Cash | $25.9M | $532M |
| Debt | $455.7M | $4.4B |
| Price to earnings | 73.0 | n/a |
| Market value | $625.7M | $14.2B |
| Dividend yield | n/a | 2.69% |
| Rank by revenue in sector | #663 of 778 · Consumer discretionary | #161 of 778 · Consumer discretionary |
Over the years
Questions about Reservoir Media and Warner Music
Which is bigger by revenue, Reservoir Media or Warner Music?
Warner Music is bigger by revenue: $6.7B in fiscal 2025, against $175.7M for Reservoir Media in fiscal 2026.
Which keeps more of its revenue as profit, Reservoir Media or Warner Music?
Reservoir Media had a net margin of 4.7% in fiscal 2026; Warner Music had 5.4% in fiscal 2025.
Which grew revenue faster, Reservoir Media or Warner Music?
In their latest fiscal years revenue changed by +10.7% at Reservoir Media and +4.4% at Warner Music.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.