Financials in USD. Standardized financial statements.
A compact view of how Universal Music Group N.V. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $12.50B | $11.83B | $11.11B | $10.34B | $8.50B | $7.43B | $7.16B | $6.02B |
| Revenue Growth? | +5.6% | +6.5% | +7.4% | +21.6% | +14.4% | +3.8% | +18.9% | 0.0% |
| Cost of Revenue? | $7.64B | $6.75B | $6.59B | $5.75B | $4.61B | $3.92B | $3.82B | $3.11B |
| Gross Profit? | $4.86B | $5.09B | $4.52B | $4.59B | $3.90B | $3.52B | $3.34B | $2.91B |
| Gross Margin? | +38.9% | +43.0% | +40.7% | +44.4% | +45.8% | +47.3% | +46.7% | +48.4% |
| Operating Expenses? | $2.77B | $3.31B | $3.48B | $2.99B | $2.50B | $2.27B | $2.28B | $2.06B |
| Operating Income? | $2.09B | $1.77B | $1.45B | $1.60B | $1.39B | $1.22B | $1.07B | $896.00M |
| EBITDA? | $2.54B | $3.47B | $2.22B | $1.35B | $1.49B | $2.07B | $1.40B | $1.28B |
| Income Before Tax | $2.09B | $2.87B | $1.72B | $902.00M | $1.17B | $1.78B | $1.17B | $1.15B |
| Income Tax Expense | $545.80M | $778.00M | $458.00M | $115.00M | $277.00M | $412.00M | $195.00M | $251.00M |
| Net Income? | $1.53B | $2.09B | $1.26B | $782.00M | $886.00M | $1.37B | $972.00M | $897.00M |
| EPS? | $0.83 | $1.14 | $0.69 | $0.43 | $0.49 | $0.75 | $0.36 | $0.49 |
| Diluted EPS? | $0.83 | $1.13 | $0.68 | $0.43 | $0.49 | $0.75 | $0.36 | $0.49 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality