UMG net profit falls 84% to €223 million as revenue rises 5.3% in first half of 2026

Universal Music Group's net profit dropped from €1.425 billion in H1 2025 to €223 million in H1 2026, Billboard reported on 30 July 2026. Revenue rose 5.3% to €6.194 billion. Diluted EPS fell from 78 euro cents to 12. The gap between rising revenue and falling profit points to costs and acquisition-related charges weighing on the bottom line.