Growth Metrics

Warner Music (WMG) Change in Intangibles (2010 - 2026)

Warner Music (WMG) reported Change in Intangibles of $427.0 million for Q1 2026, up 440.51% year-over-year from $79.0 million in Q1 2025, and up 1323.33% on a QoQ basis from $30.0 million in Q4 2025.

Warner Music (WMG) has 17 years of Change in Intangibles data on file, last reported at $427.0 million in Q1 2026.

  • Quarterly Change in Intangibles rose 440.51% year-over-year to $427.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $532.0 million (up 136.44% YoY) and the FY2025 annual result came in at $195.0 million, up 4.28% from the prior year.
  • Change in Intangibles improved to $427.0 million in Q1 2026 per WMG's latest filing, from $30.0 million in the prior quarter.
  • Across five years, Change in Intangibles topped out at $427.0 million in Q1 2026 and bottomed at $4.0 million in Q1 2022.
  • The 5-year median for Change in Intangibles is $33.0 million (2022), against an average of $57.6 million.
  • The widest annual swing landed in 2022, when Change in Intangibles plunged 93.18%; it then jumped 440.51% in 2026.
  • Tracing WMG's Change in Intangibles over 5 years: stood at $33.0 million in 2022, then soared by 78.79% to $59.0 million in 2023, then plunged by 30.51% to $41.0 million in 2024, then decreased by 26.83% to $30.0 million in 2025, then soared by 1323.33% to $427.0 million in 2026.
  • Per Business Quant, the three latest WMG Change in Intangibles figures stand at $427.0 million (Q1 2026), $30.0 million (Q4 2025), and $43.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn -
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn -
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -
5 Fox 26.01 Bn 22.51 Bn - -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn -
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn -
8 News 16.98 Bn 15.50 Bn - -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn -
10 Warner Music 4.58 Bn 3.94 Bn 802.00 Mn 427.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 427.00 Mn
Mar 31, 2026 427.00 Mn
Dec 31, 2025 30.00 Mn
Dec 31, 2025 30.00 Mn
Sep 30, 2025 43.00 Mn
Sep 30, 2025 43.00 Mn
Jun 30, 2025 32.00 Mn
Jun 30, 2025 32.00 Mn
Mar 31, 2025 79.00 Mn
Mar 31, 2025 79.00 Mn
Dec 31, 2024 41.00 Mn
Dec 31, 2024 41.00 Mn
Sep 30, 2024 64.00 Mn
Sep 30, 2024 64.00 Mn
Jun 30, 2024 41.00 Mn
Jun 30, 2024 41.00 Mn
Mar 31, 2024 23.00 Mn
Mar 31, 2024 23.00 Mn
Dec 31, 2023 59.00 Mn
Dec 31, 2023 59.00 Mn
Sep 30, 2023 61.00 Mn
Sep 30, 2023 61.00 Mn
Jun 30, 2023 11.00 Mn
Jun 30, 2023 11.00 Mn
Mar 31, 2023 9.00 Mn
Mar 31, 2023 9.00 Mn
Dec 31, 2022 33.00 Mn
Dec 31, 2022 33.00 Mn
Sep 30, 2022 13.00 Mn
Sep 30, 2022 13.00 Mn
Jun 30, 2022 9.00 Mn
Jun 30, 2022 9.00 Mn
Mar 31, 2022 4.00 Mn
Mar 31, 2022 4.00 Mn
Dec 31, 2021 165.00 Mn
Dec 31, 2021 165.00 Mn
Jun 30, 2021 132.00 Mn
Jun 30, 2021 132.00 Mn
Mar 31, 2021 3.00 Mn
Mar 31, 2021 3.00 Mn
Dec 31, 2020 324.00 Mn
Dec 31, 2020 324.00 Mn
Jun 30, 2020 10.00 Mn
Jun 30, 2020 10.00 Mn
Mar 31, 2020 7.00 Mn
Mar 31, 2020 7.00 Mn
Dec 31, 2019 11.00 Mn
Dec 31, 2019 11.00 Mn
Sep 30, 2019 17.00 Mn
Sep 30, 2019 17.00 Mn
Jun 30, 2019 8.00 Mn
Jun 30, 2019 8.00 Mn
Mar 31, 2019 11.00 Mn
Mar 31, 2019 11.00 Mn
Dec 31, 2018 5.00 Mn
Dec 31, 2018 5.00 Mn
Sep 30, 2018 3.00 Mn
Sep 30, 2018 3.00 Mn
Jun 30, 2018 6.00 Mn
Jun 30, 2018 6.00 Mn
Mar 31, 2018 4.00 Mn
Mar 31, 2018 4.00 Mn
Dec 31, 2017 1.00 Mn
Dec 31, 2017 1.00 Mn
Sep 30, 2017 5.00 Mn
Sep 30, 2017 5.00 Mn
Jun 30, 2017 5.00 Mn
Jun 30, 2017 5.00 Mn
Mar 31, 2017 5.00 Mn
Mar 31, 2017 5.00 Mn
Dec 31, 2016 1.00 Mn
Dec 31, 2016 1.00 Mn
Sep 30, 2016 11.00 Mn
Sep 30, 2016 11.00 Mn
Jun 30, 2016 2.00 Mn
Jun 30, 2016 2.00 Mn
Mar 31, 2016 5.00 Mn
Mar 31, 2016 5.00 Mn
Dec 31, 2015 7.00 Mn
Dec 31, 2015 7.00 Mn
Sep 30, 2015 4.00 Mn
Sep 30, 2015 4.00 Mn
Jun 30, 2015 3.00 Mn
Jun 30, 2015 3.00 Mn
Mar 31, 2015 4.00 Mn
Mar 31, 2015 4.00 Mn
Dec 31, 2014 5.00 Mn
Dec 31, 2014 5.00 Mn
Sep 30, 2014 6.00 Mn
Sep 30, 2014 6.00 Mn
Jun 30, 2014 1.00 Mn
Jun 30, 2014 1.00 Mn
Mar 31, 2014 9.00 Mn
Mar 31, 2014 9.00 Mn
Dec 31, 2013 10.00 Mn
Dec 31, 2013 10.00 Mn
Sep 30, 2013 2.00 Mn
Sep 30, 2013 2.00 Mn
Jun 30, 2013 24.00 Mn
Jun 30, 2013 24.00 Mn
Mar 31, 2013 3.00 Mn
Mar 31, 2013 3.00 Mn
Dec 31, 2012 8.00 Mn
Dec 31, 2012 8.00 Mn
Sep 30, 2012 -8.00 Mn
Sep 30, 2012 -8.00 Mn
Mar 31, 2012 6.00 Mn
Mar 31, 2012 6.00 Mn
Dec 31, 2011 7.00 Mn
Dec 31, 2011 7.00 Mn
Dec 31, 2010 14.00 Mn
Dec 31, 2010 14.00 Mn
Sep 30, 2010 -3.00 Mn
Sep 30, 2010 -3.00 Mn