Warner Music (WMG) Capital Expenditures (2010 - 2026)
Warner Music's (WMG) quarterly Capital Expenditures came in at $28.0 million in Q2 2026, down 28.21% year-over-year from $39.0 million in Q2 2025, and up 3.7% quarter-over-quarter from $27.0 million in Q1 2026.
Analysis
Warner Music (WMG) Capital Expenditures (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Capital Expenditures for 17 consecutive years, with $28.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 28.21% year-over-year to $28.0 million in Q2 2026; TTM through Jun 2026 was $103.0 million, a 27.46% decrease from a year earlier, with the FY2025 full-year figure at $139.0 million, up 19.83% from the prior year.
- Capital Expenditures was $28.0 million for Q2 2026 at Warner Music, up from $27.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $81.0 million in Q4 2023 and troughed at $4.0 million in Q1 2024.
- A 5-year average of $32.8 million and a median of $33.0 million in 2023 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures tumbled 88.57% in 2024 and soared 800.0% in 2025, its largest moves.
- Over 5 years, Capital Expenditures stood at $21.0 million in 2022, then surged by 285.71% to $81.0 million in 2023, then slumped by 55.56% to $36.0 million in 2024, then sank by 44.44% to $20.0 million in 2025, then surged by 40.0% to $28.0 million in 2026.
- The last three Capital Expenditures figures came in at $28.0 million (Q2 2026), $27.0 million (Q1 2026), and $20.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | 28.00 Mn |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | 84,247.00 |
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 | 31.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 81.00 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 |
| Jun 30, 2021 | 20.00 Mn |