Growth Metrics

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

Warner Music (WMG) reported Capital Expenditures of $27.0 million for Q1 2026, down 25.0% year-over-year from $36.0 million in Q1 2025, and up 35.0% on a QoQ basis from $20.0 million in Q4 2025.

Warner Music (WMG) has 17 years of Capital Expenditures data on file, last reported at $27.0 million in Q1 2026.

  • Quarterly Capital Expenditures fell 25.0% year-over-year to $27.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $114.0 million (down 14.29% YoY) and the FY2025 annual result came in at $139.0 million, up 19.83% from the prior year.
  • Capital Expenditures advanced to $27.0 million in Q1 2026 per WMG's latest filing, from $20.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $39.0 million in Q2 2025 and bottomed at $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.
  • The widest annual swing landed in 2022, when Capital Expenditures jumped 75.0%; it then sank 44.44% in 2025.
  • Tracing WMG's Capital Expenditures over 5 years: stood at $21.0 million in 2022, then soared by 38.1% to $29.0 million in 2023, then gained by 24.14% to $36.0 million in 2024, then slumped by 44.44% to $20.0 million in 2025, then jumped by 35.0% to $27.0 million in 2026.
  • Per Business Quant, the three latest WMG Capital Expenditures figures stand at $27.0 million (Q1 2026), $20.0 million (Q4 2025), and $28.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 196.13 Mn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 1.97 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 268.00 Mn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 308.98 Mn
5 Fox 26.01 Bn 22.51 Bn - 135.00 Mn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 20.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 381,000.00
8 News 16.98 Bn 15.50 Bn - 100.00 Mn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 19.98 Mn
10 Warner Music 4.58 Bn 3.94 Bn 802.00 Mn 27.00 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
Sep 30, 2023 38.00 Mn
Sep 30, 2023 38.00 Mn
Jun 30, 2023 33.00 Mn
Jun 30, 2023 33.00 Mn
Mar 31, 2023 35.00 Mn
Mar 31, 2023 35.00 Mn
Dec 31, 2022 21.00 Mn
Dec 31, 2022 21.00 Mn
Sep 30, 2022 38.00 Mn
Sep 30, 2022 38.00 Mn
Jun 30, 2022 35.00 Mn
Jun 30, 2022 35.00 Mn
Mar 31, 2022 28.00 Mn
Mar 31, 2022 28.00 Mn
Dec 31, 2021 34.00 Mn
Dec 31, 2021 34.00 Mn
Sep 30, 2021 35.00 Mn
Sep 30, 2021 35.00 Mn
Jun 30, 2021 20.00 Mn
Jun 30, 2021 20.00 Mn
Mar 31, 2021 20.00 Mn
Mar 31, 2021 20.00 Mn
Dec 31, 2020 18.00 Mn
Dec 31, 2020 18.00 Mn
Sep 30, 2020 37.00 Mn
Sep 30, 2020 37.00 Mn
Jun 30, 2020 20.00 Mn
Jun 30, 2020 20.00 Mn
Mar 31, 2020 13.00 Mn
Mar 31, 2020 13.00 Mn
Dec 31, 2019 15.00 Mn
Dec 31, 2019 15.00 Mn
Sep 30, 2019 22.00 Mn
Sep 30, 2019 22.00 Mn
Jun 30, 2019 23.00 Mn
Jun 30, 2019 23.00 Mn
Mar 31, 2019 33.00 Mn
Mar 31, 2019 33.00 Mn
Dec 31, 2018 26.00 Mn
Dec 31, 2018 26.00 Mn
Sep 30, 2018 34.00 Mn
Sep 30, 2018 34.00 Mn
Jun 30, 2018 11.00 Mn
Jun 30, 2018 11.00 Mn
Mar 31, 2018 13.00 Mn
Mar 31, 2018 13.00 Mn
Dec 31, 2017 16.00 Mn
Dec 31, 2017 16.00 Mn
Sep 30, 2017 15.00 Mn
Sep 30, 2017 15.00 Mn
Jun 30, 2017 11.00 Mn
Jun 30, 2017 11.00 Mn
Mar 31, 2017 10.00 Mn
Mar 31, 2017 10.00 Mn
Dec 31, 2016 8.00 Mn
Dec 31, 2016 8.00 Mn
Sep 30, 2016 11.00 Mn
Sep 30, 2016 11.00 Mn
Jun 30, 2016 8.00 Mn
Jun 30, 2016 8.00 Mn
Mar 31, 2016 13.00 Mn
Mar 31, 2016 13.00 Mn
Dec 31, 2015 10.00 Mn
Dec 31, 2015 10.00 Mn
Sep 30, 2015 12.00 Mn
Sep 30, 2015 12.00 Mn
Jun 30, 2015 12.00 Mn
Jun 30, 2015 12.00 Mn
Mar 31, 2015 15.00 Mn
Mar 31, 2015 15.00 Mn
Dec 31, 2014 24.00 Mn
Dec 31, 2014 24.00 Mn
Sep 30, 2014 30.00 Mn
Sep 30, 2014 30.00 Mn
Jun 30, 2014 16.00 Mn
Jun 30, 2014 16.00 Mn
Mar 31, 2014 18.00 Mn
Mar 31, 2014 18.00 Mn
Dec 31, 2013 12.00 Mn
Dec 31, 2013 12.00 Mn
Sep 30, 2013 11.00 Mn
Sep 30, 2013 11.00 Mn
Jun 30, 2013 10.00 Mn
Jun 30, 2013 10.00 Mn
Mar 31, 2013 6.00 Mn
Mar 31, 2013 6.00 Mn
Dec 31, 2012 7.00 Mn
Dec 31, 2012 7.00 Mn
Sep 30, 2012 31.00 Mn
Sep 30, 2012 31.00 Mn
Mar 31, 2012 7.00 Mn
Mar 31, 2012 7.00 Mn
Dec 31, 2011 6.00 Mn
Dec 31, 2011 6.00 Mn
Dec 31, 2010 8.00 Mn
Dec 31, 2010 8.00 Mn
Sep 30, 2010 21.00 Mn
Sep 30, 2010 21.00 Mn