Industry Oct 31, 2026

Universal Music Group Reports Strong Q3 Revenue 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
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Universal Music Group Reports Strong Q3 Revenue Growth

Universal Music Group has announced its third-quarter financial results, with revenues reaching $3.90 billion, an increase of 11.7% year-over-year. This growth was significantly influenced by major releases from artists including Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles.

The company's Adjusted EBITDA was reported at €729 million ($838.7 million), representing a margin of 21.5%. While this margin is a slight decrease from 22.0% in Q3 2025, it shows an improvement from the 20.5% margin recorded in the second quarter of 2026. Originally reported by Music Business Worldwide.