Warner Music (WMG) Change in Other Operating Assets (2010 - 2026)
Warner Music's Change in Other Operating Assets was $65 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 61.8% from $170 million a year earlier but up 14.0% from the prior quarter.
Warner Music (WMG) Change in Other Operating Assets (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Change in Other Operating Assets was $142 million through Jun 30, 2026, down 57.5% year-over-year; for FY2025 (ended Sep 30, 2025), it was $308 million, up 0.3% from FY2024.
- Change in Other Operating Assets has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- In earlier fiscal years, Change in Other Operating Assets was $307 million in FY2024 (+52.7%), $201 million in FY2023 (+89.6%), $106 million in FY2022 (-68.1%) and $332 million in FY2021 (+207.4%).
- Quarterly Change in Other Operating Assets has moved between -$54 million (fiscal Q2 2022) and $177 million (fiscal Q1 2022) over five years.
- Compared with a year earlier, Change in Other Operating Assets has declined for four straight quarters, with growth averaging 7.3% over the last eight quarters.
- The best year-over-year quarter for Change in Other Operating Assets over five years was fiscal Q4 2023 (growth of 853.8%); the worst was fiscal Q4 2022 (a decline of 90.0%).
- Per Business Quant data, WMG's Change in Other Operating Assets in the three fiscal quarters before Q3 2026 was $57 million (Q2 2026), $7 million (Q1 2026) and $13 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Assets Change (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 207.01 Bn | 184.77 Bn | 11.57 Bn | 737.00 Mn |
| 2 | Warner Music | 11.93 Bn | 9.29 Bn | 854.00 Mn | 65.00 Mn |
| 3 | Lionsgate Studios | 4.25 Bn | 2.95 Bn | - | 332.90 Mn |
| 4 | Reservoir Media | 688.00 Mn | 603.04 Mn | 32.16 Mn | -1.59 Mn |
| 5 | Angel Studios | 681.69 Mn | 487.37 Mn | 59.96 Mn | 8.34 Mn |
| 6 | Kartoon Studios | 33.47 Mn | 16.34 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | -13,616.00 |
| 8 | Nexus Advanced Technologies | 965,086.92 | -16.70 Mn | - | - |
| 9 | AI Era | 54,593.42 | -595,639.58 | - | 2,703.00 |
| 10 | Sony | 161.53 Bn | 96.07 Bn | 7.96 Bn | -1.20 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.00 Mn |
| Mar 31, 2026 | 57.00 Mn |
| Dec 31, 2025 | 7.00 Mn |
| Sep 30, 2025 | 13.00 Mn |
| Jun 30, 2025 | 170.00 Mn |
| Mar 31, 2025 | 86.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Sep 30, 2024 | 39.00 Mn |
| Jun 30, 2024 | 78.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 170.00 Mn |
| Sep 30, 2023 | 124.00 Mn |
| Jun 30, 2023 | 45.00 Mn |
| Mar 31, 2023 | -26.00 Mn |
| Dec 31, 2022 | 58.00 Mn |
| Sep 30, 2022 | 13.00 Mn |
| Jun 30, 2022 | -30.00 Mn |
| Mar 31, 2022 | -54.00 Mn |
| Dec 31, 2021 | 177.00 Mn |
| Sep 30, 2021 | 130.00 Mn |
Warner Music Change in Other Operating Assets 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-other-operating-assets&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-other-operating-assets", "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-other-operating-assets&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();