Warner Music (WMG) Goodwill (2010 - 2026)
Warner Music (WMG) reported Goodwill of $2.13 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.0% from $2.06 billion a year earlier and up 3.5% from the prior quarter.
Warner Music (WMG) Goodwill (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Warner Music posted Goodwill of $2.06 billion, up 2.0% from FY2024.
- Goodwill has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- By fiscal year, Goodwill came in at $2.02 billion in FY2024 (+1.4%), $1.99 billion in FY2023 (+3.8%), $1.92 billion in FY2022 (+4.9%) and $1.83 billion in FY2021 (-0.1%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Goodwill in data going back to fiscal Q4 2010.
- Year over year, Goodwill has now increased in each of the last six quarters, with growth averaging 1.8% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was fiscal Q3 2022 (growth of 5.2%); the low point was fiscal Q1 2025 (a decline of 0.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $2.05 billion (Q2 2026), $2.06 billion (Q1 2026) and $2.06 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.13 Bn |
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 2.06 Bn |
| Sep 30, 2025 | 2.06 Bn |
| Jun 30, 2025 | 2.06 Bn |
| Mar 31, 2025 | 2.03 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 2.02 Bn |
| Jun 30, 2024 | 2.00 Bn |
| Mar 31, 2024 | 2.01 Bn |
| Dec 31, 2023 | 2.02 Bn |
| Sep 30, 2023 | 1.99 Bn |
| Jun 30, 2023 | 1.96 Bn |
| Mar 31, 2023 | 1.96 Bn |
| Dec 31, 2022 | 1.95 Bn |
| Sep 30, 2022 | 1.92 Bn |
| Jun 30, 2022 | 1.93 Bn |
| Mar 31, 2022 | 1.92 Bn |
| Dec 31, 2021 | 1.95 Bn |
| Sep 30, 2021 | 1.83 Bn |
Warner Music Goodwill 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=goodwill&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();