Warner Music (WMG) Change in Accrued Expenses (2010 - 2026)
Warner Music (WMG) recorded Change in Accrued Expenses of $186 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 49.0% from $365 million a year earlier.
Powered by 
Analysis
Warner Music (WMG) Change in Accrued Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Warner Music's Change in Accrued Expenses came in at $219 million as of Jun 30, 2026, up 29.6% year-over-year; for FY2025 (ended Sep 30, 2025), it was $167 million, down 39.3% from FY2024.
- Annual Change in Accrued Expenses has a five-year compound annual growth rate of 35.9% (FY2020 to FY2025).
- Across earlier fiscal years, Change in Accrued Expenses came in at $275 million in FY2024 (+7.4%), $256 million in FY2023 (+62.0%), $158 million in FY2022 (-27.2%) and $217 million in FY2021 (+502.8%).
- Quarterly Change in Accrued Expenses has ranged from -$183 million in fiscal Q1 2025 to $365 million in fiscal Q3 2025 over the past five years.
- Peak year-over-year performance for Change in Accrued Expenses in the last five years was growth of 101.7% in fiscal Q3 2025, against a decline of 69.8% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -$83 million (Q2 2026), $195 million (Q1 2026) and -$79 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accrued Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 202.84 Bn | 180.60 Bn | 11.57 Bn | -21.00 Mn |
| 2 | Warner Music | 11.75 Bn | 9.11 Bn | 854.00 Mn | 186.00 Mn |
| 3 | Lionsgate Studios | 4.24 Bn | 2.93 Bn | - | -34.80 Mn |
| 4 | Reservoir Media | 673.15 Mn | 588.20 Mn | 32.16 Mn | 4.98 Mn |
| 5 | Angel Studios | 623.64 Mn | 429.31 Mn | 59.96 Mn | 13.04 Mn |
| 6 | Kartoon Studios | 33.24 Mn | 16.11 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 6,764.00 |
| 8 | Nexus Advanced Technologies | 949,077.37 | -16.71 Mn | - | - |
| 9 | AI Era | 54,593.42 | -595,639.58 | - | 80,186.00 |
| 10 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 186.00 Mn |
| Mar 31, 2026 | -83.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Sep 30, 2025 | -79.00 Mn |
| Jun 30, 2025 | 365.00 Mn |
| Mar 31, 2025 | 64.00 Mn |
| Dec 31, 2024 | -183.00 Mn |
| Sep 30, 2024 | -77.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Mar 31, 2024 | -31.00 Mn |
| Dec 31, 2023 | 202.00 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 183.00 Mn |
| Mar 31, 2023 | -50.00 Mn |
| Dec 31, 2022 | 117.00 Mn |
| Sep 30, 2022 | -4.00 Mn |
| Jun 30, 2022 | 226.00 Mn |
| Mar 31, 2022 | -171.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | 45.00 Mn |
API Access
Warner Music Change in Accrued Expenses 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=change-in-accured-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "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=change-in-accured-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();