Warner Music (WMG) Deferred Taxes (2010 - 2026)
Warner Music's Deferred Taxes was $31 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$17 million a year earlier and up 121.4% from the prior quarter.
Warner Music (WMG) Deferred Taxes (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Deferred Taxes was -$27 million through Jun 30, 2026; for FY2025 (ended Sep 30, 2025), it came in at -$90 million.
- In earlier fiscal years, Deferred Taxes was -$48 million in FY2024, -$13 million in FY2023, $13 million in FY2022 (-51.9%) and $27 million in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Deferred Taxes since fiscal Q3 2018.
- The best year-over-year quarter for Deferred Taxes over five years was fiscal Q1 2022 (growth of 850.0%); the worst was fiscal Q2 2025 (a decline of 90.9%).
- Per Business Quant data, WMG's Deferred Taxes in the three fiscal quarters before Q3 2026 was $14 million (Q2 2026), $25 million (Q1 2026) and -$97 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.10 Bn | 166.67 Bn | 11.57 Bn | 110.00 Mn |
| 2 | Warner Music | 14.45 Bn | 11.94 Bn | 854.00 Mn | 31.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | -300,000.00 |
| 4 | Angel Studios | 856.70 Mn | 662.19 Mn | 59.96 Mn | - |
| 5 | Reservoir Media | 626.34 Mn | 538.65 Mn | 26.69 Mn | -239,708.00 |
| 6 | Kartoon Studios | 37.94 Mn | 20.81 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | - |
| 8 | Nexus Advanced Technologies | 2.25 Mn | -16.36 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | - |
| 10 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | -810.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | 25.00 Mn |
| Sep 30, 2025 | -97.00 Mn |
| Jun 30, 2025 | -17.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Dec 31, 2024 | 23.00 Mn |
| Sep 30, 2024 | -77.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 5.00 Mn |
| Sep 30, 2023 | 5.00 Mn |
| Jun 30, 2023 | -15.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | -5.00 Mn |
| Sep 30, 2022 | -24.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Jun 30, 2021 | 13.00 Mn |
Warner Music Deferred Taxes 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=deferred-taxes&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();