Warner Music (WMG) Capital Expenditures (2010 - 2026)

Warner Music (WMG) posted quarterly Capital Expenditures of $27.0 million for Q1 2026, down 25.0% YoY from $36.0 million in Q1 2025, and up 35.0% sequentially from $20.0 million in Q4 2025.

Warner Music (WMG) Capital Expenditures (2010 - 2026) Analysis & Trends

Warner Music has disclosed Capital Expenditures across 17 years of filings, most recently posting $27.0 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 25.0% year-over-year to $27.0 million; the TTM figure through Mar 2026 stood at $114.0 million (down 14.29% YoY), while the FY2025 annual figure was $139.0 million, up 19.83% from the prior year.
  • Capital Expenditures climbed to $27.0 million in Q1 2026, from $20.0 million in the prior quarter.
  • Over the last five years, Capital Expenditures for WMG reached as high as $39.0 million in Q2 2025 and fell as low as $20.0 million in Q4 2025.
  • The 5-year median for Capital Expenditures is $33.0 million (2023), against an average of $31.2 million.
  • Annual changes were most pronounced in 2022 — Capital Expenditures soared 75.0% — and 2025, when it sank 44.44%.
  • A 5-year view of Capital Expenditures shows it stood at $21.0 million in 2022, then surged by 38.1% to $29.0 million in 2023, then climbed by 24.14% to $36.0 million in 2024, then slumped by 44.44% to $20.0 million in 2025, then soared by 35.0% to $27.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $27.0 million, $20.0 million, and $28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Leifras 65,924.76 Bn 65,924.74 Bn 5.99 Mn -36,597.00
2 Netflix 313.29 Bn 301.00 Bn 11.41 Bn 196.13 Mn
3 Walt Disney 169.09 Bn 170.02 Bn 23.68 Bn 1.97 Bn
4 Warner Bros. Discovery 66.81 Bn 64.68 Bn 4.25 Bn 268.00 Mn
5 Live Nation Entertainment 42.77 Bn 34.31 Bn 1.31 Bn 308.98 Mn
6 Roku 20.73 Bn 18.35 Bn 564.94 Mn 381,000.00
7 Fox 20.53 Bn 17.04 Bn - 135.00 Mn
8 Paramount Skydance 11.21 Bn 9.13 Bn - -
9 Warner Music 10.40 Bn 9.76 Bn 802.00 Mn 27.00 Mn
10 Sirius Xm Holdings 10.06 Bn 9.99 Bn 1.90 Bn 105.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.00 Mn
Mar 31, 2026 27.00 Mn
Dec 31, 2025 20.00 Mn
Dec 31, 2025 20.00 Mn
Sep 30, 2025 28.00 Mn
Sep 30, 2025 28.00 Mn
Jun 30, 2025 39.00 Mn
Jun 30, 2025 39.00 Mn
Mar 31, 2025 36.00 Mn
Mar 31, 2025 36.00 Mn
Dec 31, 2024 36.00 Mn
Dec 31, 2024 36.00 Mn
Sep 30, 2024 33.00 Mn
Sep 30, 2024 33.00 Mn
Jun 30, 2024 28.00 Mn
Jun 30, 2024 28.00 Mn
Mar 31, 2024 26.00 Mn
Mar 31, 2024 26.00 Mn
Dec 31, 2023 29.00 Mn
Dec 31, 2023 29.00 Mn