Warner Music (WMG) Enterprise Value (2010 - 2026)
Warner Music (WMG) posted quarterly Enterprise Value of -$608.0 million for Q1 2026, up 4.55% year-over-year from -$581.5 million in Q1 2025, and up 18.5% quarter-over-quarter from -$746.0 million in Q4 2025.
Warner Music (WMG) Enterprise Value (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Enterprise Value for 17 consecutive years, with -$608.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value rose 4.55% year-over-year to -$608.0 million; the TTM figure through Mar 2026 stood at -$608.0 million (up 4.55% YoY), while the FY2025 annual figure was -$532.0 million, up 23.34% from the prior year.
- Enterprise Value improved to -$608.0 million in Q1 2026 per WMG's latest filing, from -$746.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$304.0 million in Q2 2025 and bottomed at -$802.0 million in Q4 2024.
- Historically, Enterprise Value has averaged -$557.2 million across 5 years, with a median of -$582.0 million in 2023.
- Annual changes were most pronounced in 2022 — Enterprise Value jumped 36.01% — and 2023, when it tumbled 76.9%.
- Warner Music's Enterprise Value stood at -$708.0 million in 2022, then rose by 15.11% to -$601.0 million in 2023, then slumped by 33.44% to -$802.0 million in 2024, then climbed by 6.98% to -$746.0 million in 2025, then advanced by 18.5% to -$608.0 million in 2026.
- Business Quant data shows WMG's Enterprise Value at -$608.0 million in Q1 2026, -$746.0 million in Q4 2025, and -$532.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | -9.13 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 1.63 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -2.21 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | -8.01 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | -4.11 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | -706.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | -2.56 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -1.39 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | -1.52 Bn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | -485.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -485.00 Mn |
| Mar 31, 2026 | -608.00 Mn |
| Dec 31, 2025 | -746.00 Mn |
| Sep 30, 2025 | -532.00 Mn |
| Jun 30, 2025 | -304.00 Mn |
| Mar 31, 2025 | -637.00 Mn |
| Dec 31, 2024 | -802.00 Mn |
| Sep 30, 2024 | -694.00 Mn |
| Jun 30, 2024 | -455.00 Mn |
| Mar 31, 2024 | -435.00 Mn |
| Dec 31, 2023 | -601.00 Mn |
| Sep 30, 2023 | -518.00 Mn |
| Jun 30, 2023 | -582.00 Mn |
| Mar 31, 2023 | -587.00 Mn |
| Dec 31, 2022 | -708.00 Mn |
| Sep 30, 2022 | -568.00 Mn |
| Jun 30, 2022 | -329.00 Mn |
| Mar 31, 2022 | -366.00 Mn |
| Dec 31, 2021 | -431.00 Mn |
| Sep 30, 2021 | -484.00 Mn |