Warner Music (WMG) Common Equity (2010 - 2026)
Warner Music (WMG) reported Common Equity of $738.0 million for Q1 2026, down 6.58% year-over-year from $790.0 million in Q1 2025, and down 10.44% quarter-over-quarter from $824.0 million in Q4 2025.
Warner Music (WMG) Common Equity (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Common Equity data on file, last reported at $738.0 million in Q1 2026.
- Common Equity for Q1 2026 came in at $738.0 million, down 6.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $738.0 million (down 6.58% YoY), and the FY2025 annual result was $757.0 million, up 12.15% from the prior year.
- Common Equity eased to $738.0 million in Q1 2026 per WMG's latest filing, from $824.0 million in the prior quarter.
- Over five years, Common Equity peaked at $824.0 million in Q4 2025 and troughed at $168.0 million in Q3 2022.
- A 5-year average of $511.5 million and a median of $589.0 million in 2025 frame the typical range for Common Equity.
- The sharpest annual moves came in 2022 and 2025: Common Equity surged 265.22% in 2022, then slipped 7.24% in 2025.
- A 5-year view of Common Equity shows it stood at $282.0 million in 2022, then surged by 118.44% to $616.0 million in 2023, then grew by 13.15% to $697.0 million in 2024, then rose by 18.22% to $824.0 million in 2025, then dropped by 10.44% to $738.0 million in 2026.
- Business Quant data shows WMG's Common Equity at $738.0 million in Q1 2026, $824.0 million in Q4 2025, and $757.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 31.13 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 115.31 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 32.58 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | 165.26 Mn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 481.82 Mn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 7.73 Bn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 10.97 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 2.67 Bn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 9.28 Bn |
| 10 | Warner Music | 4.13 Bn | 3.49 Bn | 802.00 Mn | 738.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 738.00 Mn |
| Dec 31, 2025 | 824.00 Mn |
| Sep 30, 2025 | 757.00 Mn |
| Jun 30, 2025 | 589.00 Mn |
| Mar 31, 2025 | 790.00 Mn |
| Dec 31, 2024 | 697.00 Mn |
| Sep 30, 2024 | 675.00 Mn |
| Jun 30, 2024 | 635.00 Mn |
| Mar 31, 2024 | 585.00 Mn |
| Dec 31, 2023 | 616.00 Mn |
| Sep 30, 2023 | 430.00 Mn |
| Jun 30, 2023 | 299.00 Mn |
| Mar 31, 2023 | 266.00 Mn |
| Dec 31, 2022 | 282.00 Mn |
| Sep 30, 2022 | 168.00 Mn |
| Jun 30, 2022 | 172.00 Mn |
| Mar 31, 2022 | 173.00 Mn |
| Dec 31, 2021 | 172.00 Mn |
| Sep 30, 2021 | 46.00 Mn |
| Jun 30, 2021 | 95.00 Mn |