Warner Music (WMG) Goodwill & Intangibles (2010 - 2026)
Warner Music's Goodwill & Intangibles was $5.22 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 8.2% from $4.83 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
Warner Music (WMG) Goodwill & Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Goodwill & Intangibles at Warner Music came in at $4.79 billion, up 9.3% from FY2024.
- Goodwill & Intangibles has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- In earlier fiscal years, Goodwill & Intangibles was $4.38 billion in FY2024 (+0.8%), $4.35 billion in FY2023 (+4.5%), $4.16 billion in FY2022 (+8.1%) and $3.85 billion in FY2021 (+10.4%).
- The fiscal Q3 2026 figure marks the highest quarterly Goodwill & Intangibles in data going back to fiscal Q4 2010.
- Compared with a year earlier, Goodwill & Intangibles has increased for six straight quarters, with growth averaging 7.1% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was fiscal Q1 2022 (growth of 15.7%); the worst was fiscal Q1 2023 (a decline of 4.5%).
- Per Business Quant data, WMG's Goodwill & Intangibles in the three fiscal quarters before Q3 2026 was $5.16 billion (Q2 2026), $4.75 billion (Q1 2026) and $4.79 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.22 Bn |
| Mar 31, 2026 | 5.16 Bn |
| Dec 31, 2025 | 4.75 Bn |
| Sep 30, 2025 | 4.79 Bn |
| Jun 30, 2025 | 4.83 Bn |
| Mar 31, 2025 | 4.80 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Sep 30, 2024 | 4.38 Bn |
| Jun 30, 2024 | 4.31 Bn |
| Mar 31, 2024 | 4.33 Bn |
| Dec 31, 2023 | 4.41 Bn |
| Sep 30, 2023 | 4.35 Bn |
| Jun 30, 2023 | 4.16 Bn |
| Mar 31, 2023 | 4.19 Bn |
| Dec 31, 2022 | 4.22 Bn |
| Sep 30, 2022 | 4.16 Bn |
| Jun 30, 2022 | 4.28 Bn |
| Mar 31, 2022 | 4.33 Bn |
| Dec 31, 2021 | 4.42 Bn |
| Sep 30, 2021 | 3.85 Bn |
API Access
Warner Music Goodwill & Intangibles 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-and-intangibles&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();