SEC comment letter
SEC correspondence
SEC staff questioned Warner Music Group Corp.'s accounting for non-GAAP measures
Letter dated 2026-03-02; published on EDGAR 2026-09-17 — the SEC releases comment letters only after the review closes.
We note that you have presented adjusted OIBDA on a segment basis. This measure appears to be an additional profit/(loss) measure that is not calculated in accordance with GAAP. Please reconcile this measure to the most directly comparable GAAP measure in accordance with Item 10(e) of Regulation S-K and Regulation G. Notes to Consolidated Financial Statements 17. Segment Information, page 115 2. Please revise your…
Evidence
- Direction
- staff to company
- Letter dated
- 2026-03-02
- Published on edgar
- 2026-09-17
- Reviewing
- Warner Music Group Corp. Form 10-K for Fiscal Year Ended September 30, 2025 File No. 001-32502 Dear Armin Zerza: We have reviewed your filing and have the follo
- Source
- SEC staff comment letter (UPLOAD)
- Topics
- MD&A, Non-GAAP measures, Segment reporting
- Why
- SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.