Industry Oct 31, 2026

Universal Music Group Reports Q3 Revenue Growth Driven by Major Artists

Adjusted EBITDA came in at €729 million ($838.7m), a margin of 21.5%, down from 22.0% in Q3 2025 but up on the 20.5% margin it posted in the prior quarter (Q2 2026) Source

Originally published by Music Business Worldwide
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Universal Music Group Reports Q3 Revenue Growth Driven by Major Artists

Universal Music Group announced a Q3 revenue of $3.90 billion, an increase of 11.7% year-over-year. This growth was significantly driven by the performance of artists including Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles. Originally reported by Music Business Worldwide.