Warner Music (WMG) Accumulated Expenses (2010 - 2026)
Warner Music (WMG) posted quarterly Accumulated Expenses of $27.0 million for Q1 2026, down 94.32% year-over-year from $475.0 million in Q1 2025, and down 95.95% quarter-over-quarter from $667.0 million in Q4 2025.
Warner Music (WMG) Accumulated Expenses (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Accumulated Expenses for 17 consecutive years, with $27.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 94.32% year-over-year to $27.0 million; the TTM figure through Mar 2026 stood at $27.0 million (down 94.32% YoY), while the FY2025 annual figure was $31.0 million, down 95.16% from the prior year.
- Accumulated Expenses retreated to $27.0 million in Q1 2026 per WMG's latest filing, from $667.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $667.0 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Accumulated Expenses tumbled 96.06% — and 2024, when it surged 3461.11%.
- Warner Music's Accumulated Expenses stood at $477.0 million in 2022, then plunged by 93.92% to $29.0 million in 2023, then soared by 1758.62% to $539.0 million in 2024, then rose by 23.75% to $667.0 million in 2025, then slumped by 95.95% to $27.0 million in 2026.
- Business Quant data shows WMG's Accumulated Expenses at $27.0 million in Q1 2026, $667.0 million in Q4 2025, and $31.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 494.00 Mn |
| 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 |