The MBW Database

Universal Music Group: Quarterly revenues, split by division (2017-2024)

Universal Music Group trades on the Amsterdam Euronext stock exchange. Prior to floating in Amsterdam in 2021, it was a subsidiary of Vivendi.

Via Vivendi’s annual reports and UMG’s own annual reports, MBW has compiled the chart below.

It shows the quarterly revenue in EUR (million) generated by UMG across the three divisions of the company: Merch (and ‘other’), Music Publishing, and Recorded Music.

It also depicts the quarterly total revenue of UMG (i.e. the three divisions combined).