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| Date | Value |
|---|---|
| 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 |