Warner Music (WMG) Intangibles (2010 - 2026)
Warner Music (WMG) posted quarterly Intangibles of $3.1 billion for Q1 2026, up 1953.64% year-over-year from $151.0 million in Q1 2025, and up 15.28% quarter-over-quarter from $2.7 billion in Q4 2025.
Warner Music (WMG) Intangibles (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Intangibles for 17 consecutive years, with $3.1 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles rose 1953.64% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $3.1 billion (up 1953.64% YoY), while the FY2025 annual figure was $154.0 million, down 93.47% from the prior year.
- Intangibles advanced to $3.1 billion in Q1 2026 per WMG's latest filing, from $2.7 billion in the prior quarter.
- Across five years, Intangibles topped out at $3.1 billion in Q1 2026 and bottomed at $145.0 million in Q3 2022.
- Historically, Intangibles has averaged $1.4 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2025 — Intangibles sank 93.47% — and 2026, when it surged 1953.64%.
- Warner Music's Intangibles stood at $2.3 billion in 2022, then climbed by 5.47% to $2.4 billion in 2023, then decreased by 2.55% to $2.3 billion in 2024, then advanced by 15.5% to $2.7 billion in 2025, then grew by 15.28% to $3.1 billion in 2026.
- Business Quant data shows WMG's Intangibles at $3.1 billion in Q1 2026, $2.7 billion in Q4 2025, and $154.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 9.79 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 25.92 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.21 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.87 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 4.84 Bn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 42.47 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 1.84 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 3.15 Bn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | 3.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 Bn |
| Mar 31, 2026 | 3.10 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Sep 30, 2025 | 154.00 Mn |
| Jun 30, 2025 | 2.76 Bn |
| Mar 31, 2025 | 151.00 Mn |
| Dec 31, 2024 | 2.33 Bn |
| Sep 30, 2024 | 2.36 Bn |
| Jun 30, 2024 | 150.00 Mn |
| Mar 31, 2024 | 150.00 Mn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 149.00 Mn |
| Jun 30, 2023 | 2.20 Bn |
| Mar 31, 2023 | 150.00 Mn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 145.00 Mn |
| Jun 30, 2022 | 2.35 Bn |
| Mar 31, 2022 | 152.00 Mn |
| Dec 31, 2021 | 152.00 Mn |
| Sep 30, 2021 | 2.02 Bn |