Industry Oct 31, 2026

Universal Music Group Reports Strong Q3 Financial Performance

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 Strong Q3 Financial Performance

Universal Music Group announced a third-quarter revenue of $3.90 billion, marking an 11.7% year-over-year increase. This growth was notably driven by the success of artists including Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles. The company's adjusted EBITDA for the quarter was €729 million ($838.7 million), representing a 21.5% margin. Originally reported by Music Business Worldwide.