Industry Oct 31, 2026
Universal Music Group Reports Strong Q3 Growth
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
Universal Music Group announced a significant increase in its third-quarter revenue, reaching $3.90 billion, an 11.7% rise year-over-year. This growth was notably propelled by popular artists including Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles.
Additionally, the company's Adjusted EBITDA was reported at $838.7 million, representing a 21.5% margin. While this margin saw a slight decrease from 22.0% in Q3 2025, it showed an improvement compared to the 20.5% margin recorded in the preceding quarter (Q2 2026). Originally reported by Music Business Worldwide.
Additionally, the company's Adjusted EBITDA was reported at $838.7 million, representing a 21.5% margin. While this margin saw a slight decrease from 22.0% in Q3 2025, it showed an improvement compared to the 20.5% margin recorded in the preceding quarter (Q2 2026). Originally reported by Music Business Worldwide.