Warner Music (WMG) Capital Expenditures (2010 - 2026)
Warner Music (WMG) posted Capital Expenditures of $28 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 28.2% from $39 million a year earlier but up 3.7% from the prior quarter.
Powered by 
Analysis
Warner Music (WMG) Capital Expenditures (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Warner Music was $103 million, down 28.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $139 million, up 19.8% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- In prior fiscal years, Warner Music's Capital Expenditures was $116 million in FY2024 (-8.7%), $127 million in FY2023 (-5.9%), $135 million in FY2022 (+45.2%) and $93 million in FY2021 (+9.4%).
- Quarterly Capital Expenditures has run from a low of $20 million in fiscal Q1 2026 to a high of $39 million in fiscal Q3 2025 over five years.
- On a year-over-year basis, Capital Expenditures has declined in each of the last four quarters, with an average decline of 3.0% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was fiscal Q1 2022, with growth of 88.9%; the weakest was fiscal Q1 2026, with a decline of 44.4%.
- According to Business Quant data, Capital Expenditures for the three prior fiscal quarters was $27 million (Q2 2026), $20 million (Q1 2026) and $28 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | 1.79 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | 28.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 2.90 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | - |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | 84,247.00 |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | - |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | - |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | - |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.00 Mn |
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 20.00 Mn |
| Sep 30, 2025 | 28.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 36.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 33.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | 26.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 38.00 Mn |
| Jun 30, 2022 | 35.00 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 35.00 Mn |
API Access
Warner Music Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();