Universal Music Group N.V. (UMG.AS)
Universal Music Group N.V. reported revenue of 12.5B EUR for the year ending 31 December 2025, up 5.7% from 11.8B a year earlier.
Every figure below is the company's own, as filed. Nothing is estimated and
nothing is smoothed — a period the filing does not support is left blank rather than
filled in.
Quarters are the company's own, counted from its financial
year ending 12-31.
Amounts in EUR.
The same series drawn ›
As last reported
The newest period the filing supports for each figure, in EUR.
| Figure | Period | Amount | Year on year |
|---|
| Revenue |
2025 · ending 31 December 2025 |
12.5B |
+5.7% |
| Gross Profit |
2025 · ending 31 December 2025 |
5.3B |
+4.4% |
| Operating Income |
2025 · ending 31 December 2025 |
2B |
+12.6% |
| Net Income |
2025 · ending 31 December 2025 |
1.5B |
-26.4% |
| Cost of Revenue |
2025 · ending 31 December 2025 |
7.2B |
+6.7% |
| Operating Cash Flow |
2025 · ending 31 December 2025 |
1.7B |
-0.9% |
| Free Cash Flow |
2025 · ending 31 December 2025 |
1.7B |
+0.3% |
| EPS |
2025 · ending 31 December 2025 |
0.83 |
-26.5% |
Revenue and profit by financial year
As filed, in EUR. A year the filing does not support is not listed.
| Year | Ending |
Revenue | Operating Income | Net Income | Free Cash Flow |
|---|
| 2025 | 2025-12-31 |
12.5B | 2B | 1.5B | 1.7B |
|---|
| 2024 | 2024-12-31 |
11.8B | 1.8B | 2.1B | 1.7B |
|---|
| 2023 | 2023-12-31 |
11.1B | 1.4B | 1.3B | 1.8B |
|---|
| 2022 | 2022-12-31 |
10.3B | 1.6B | 785M | 1.7B |
|---|
| 2021 | 2021-12-31 |
8.5B | 1.4B | 888M | 1.1B |
|---|
| 2020 | 2020-12-31 |
7.4B | 1.2B | 1.4B | 897M |
|---|
Every period
Revenue Annual
| Period | Ending | Revenue |
|---|
| FY25 | 2025-12-31 | 12.5B |
|---|
| FY24 | 2024-12-31 | 11.8B |
|---|
| FY23 | 2023-12-31 | 11.1B |
|---|
| FY22 | 2022-12-31 | 10.3B |
|---|
| FY21 | 2021-12-31 | 8.5B |
|---|
Gross Profit Annual
Revenue minus cost of sales. This filer tags no gross profit of its own..
| Period | Ending | Gross Profit |
|---|
| FY25 | 2025-12-31 | 5.3B |
|---|
| FY24 | 2024-12-31 | 5.1B |
|---|
| FY23 | 2023-12-31 | 4.9B |
|---|
| FY22 | 2022-12-31 | 4.6B |
|---|
| FY21 | 2021-12-31 | 3.9B |
|---|
Operating Income Annual
| Period | Ending | Operating Income |
|---|
| FY25 | 2025-12-31 | 2B |
|---|
| FY24 | 2024-12-31 | 1.8B |
|---|
| FY23 | 2023-12-31 | 1.4B |
|---|
| FY22 | 2022-12-31 | 1.6B |
|---|
| FY21 | 2021-12-31 | 1.4B |
|---|
Net Income Annual
| Period | Ending | Net Income |
|---|
| FY25 | 2025-12-31 | 1.5B |
|---|
| FY24 | 2024-12-31 | 2.1B |
|---|
| FY23 | 2023-12-31 | 1.3B |
|---|
| FY22 | 2022-12-31 | 785M |
|---|
| FY21 | 2021-12-31 | 888M |
|---|
Cost of Revenue Annual
| Period | Ending | Cost of Revenue |
|---|
| FY25 | 2025-12-31 | 7.2B |
|---|
| FY24 | 2024-12-31 | 6.7B |
|---|
| FY23 | 2023-12-31 | 6.2B |
|---|
| FY22 | 2022-12-31 | 5.8B |
|---|
| FY21 | 2021-12-31 | 4.6B |
|---|
Operating Cash Flow Annual
| Period | Ending | Operating Cash Flow |
|---|
| FY25 | 2025-12-31 | 1.7B |
|---|
| FY24 | 2024-12-31 | 1.8B |
|---|
| FY23 | 2023-12-31 | 1.9B |
|---|
| FY22 | 2022-12-31 | 1.7B |
|---|
| FY21 | 2021-12-31 | 1.1B |
|---|
Free Cash Flow Annual
Operating cash flow minus capital expenditure.
| Period | Ending | Free Cash Flow |
|---|
| FY25 | 2025-12-31 | 1.7B |
|---|
| FY24 | 2024-12-31 | 1.7B |
|---|
| FY23 | 2023-12-31 | 1.8B |
|---|
| FY22 | 2022-12-31 | 1.7B |
|---|
| FY21 | 2021-12-31 | 1.1B |
|---|
EPS Annual
The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.
| Period | Ending | EPS |
|---|
| FY25 | 2025-12-31 | 0.83 |
|---|
| FY24 | 2024-12-31 | 1.13 |
|---|
| FY23 | 2023-12-31 | 0.68 |
|---|
| FY22 | 2022-12-31 | 0.43 |
|---|
| FY21 | 2021-12-31 | 0.49 |
|---|