Warner Music (WMG) Accumulated Expenses (2010 - 2026)
Warner Music's (WMG) quarterly Accumulated Expenses came in at $27.0 million in Q1 2026, down 94.32% year-on-year from $475.0 million in Q1 2025, and down 95.95% on a QoQ basis from $667.0 million in Q4 2025.
Warner Music (WMG) Accumulated Expenses (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Accumulated Expenses data on file, last reported at $27.0 million in Q1 2026.
- On a quarterly basis, Accumulated Expenses fell 94.32% year-over-year to $27.0 million in Q1 2026; TTM through Mar 2026 was $27.0 million, a 94.32% decrease from a year earlier, with the FY2025 full-year figure at $31.0 million, down 95.16% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $27.0 million, down from $667.0 million in the prior quarter.
- Over the last five years, Accumulated Expenses for WMG reached as high as $667.0 million in Q4 2025 and fell as low as $17.0 million in Q1 2023.
- Historically, Accumulated Expenses has averaged $301.3 million across 5 years, with a median of $395.0 million in 2022.
- Across the five-year window, Accumulated Expenses sank 96.06% in 2023 and soared 3461.11% in 2024, its largest moves.
- Year by year, Accumulated Expenses stood at $477.0 million in 2022, then plunged by 93.92% to $29.0 million in 2023, then surged by 1758.62% to $539.0 million in 2024, then advanced by 23.75% to $667.0 million in 2025, then slumped by 95.95% to $27.0 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $27.0 million in Q1 2026, $667.0 million in Q4 2025, and $31.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 667.00 Mn |
| Sep 30, 2025 | 31.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 475.00 Mn |
| Dec 31, 2024 | 539.00 Mn |
| Sep 30, 2024 | 641.00 Mn |
| Jun 30, 2024 | 499.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 422.00 Mn |
| Mar 31, 2023 | 17.00 Mn |
| Dec 31, 2022 | 477.00 Mn |
| Sep 30, 2022 | 457.00 Mn |
| Jun 30, 2022 | 395.00 Mn |
| Mar 31, 2022 | 371.00 Mn |
| Dec 31, 2021 | 466.00 Mn |
| Sep 30, 2021 | 14.00 Mn |
| Jun 30, 2021 | 31.00 Mn |