Warner Music (WMG) Divestments (2016 - 2026)
Warner Music (WMG) posted quarterly Divestments of $10.0 million for Q1 2026, down 72.22% year-over-year from $36.0 million in Q1 2025, and up 150.0% quarter-over-quarter from $4.0 million in Q3 2025.
Warner Music (WMG) Divestments (2016 - 2026) Analysis & Trends
Warner Music (WMG) has reported Divestments for 8 consecutive years, with $10.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Divestments fell 72.22% year-over-year to $10.0 million; the TTM figure through Mar 2026 stood at $14.0 million (down 62.16% YoY), while the FY2025 annual figure was $40.0 million, up 207.69% from the prior year.
- Divestments advanced to $10.0 million in Q1 2026 per WMG's latest filing, from $4.0 million in the prior quarter.
- Across five years, Divestments topped out at $42.0 million in Q4 2022 and bottomed at -$20.0 million in Q1 2023.
- Historically, Divestments has averaged $10.8 million across 5 years, with a median of $6.5 million in 2023.
- Annual changes were most pronounced in 2023 — Divestments slumped 78.57% — and 2025, when it surged 1100.0%.
- Warner Music's Divestments stood at $42.0 million in 2022, then plunged by 78.57% to $9.0 million in 2023, then plunged by 88.89% to $1.0 million in 2024, then jumped by 300.0% to $4.0 million in 2025, then soared by 150.0% to $10.0 million in 2026.
- Business Quant data shows WMG's Divestments at $10.0 million in Q1 2026, $4.0 million in Q3 2025, and $36.0 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | - |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 9.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | - |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | - |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | - |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 24.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | - |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.00 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 36.00 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | -20.00 Mn |
| Dec 31, 2022 | 42.00 Mn |
| Jun 30, 2018 | 504.00 Mn |
| Dec 31, 2017 | 12.00 Mn |
| Sep 30, 2017 | 30.00 Mn |
| Jun 30, 2017 | 25.00 Mn |
| Sep 30, 2016 | 18.00 Mn |
| Jun 30, 2016 | 21.00 Mn |