Warner Music (WMG) Intangibles (2010 - 2026)
Warner Music (WMG) posted Intangibles of $3.1 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 12.1% from $2.76 billion a year earlier but down 0.1% from the prior quarter.
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Analysis
Warner Music (WMG) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Warner Music's Intangibles came in at $2.73 billion, up 15.5% from FY2024.
- Annual Intangibles has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- In prior fiscal years, Warner Music's Intangibles was $2.36 billion in FY2024 (+0.3%), $2.35 billion in FY2023 (+5.1%), $2.24 billion in FY2022 (+11.0%) and $2.02 billion in FY2021 (+22.0%).
- Quarterly Intangibles has run from a low of $2.02 billion in fiscal Q4 2021 to a high of $3.1 billion in fiscal Q2 2026 over five years.
- On a year-over-year basis, Intangibles has increased in each of the last six quarters, with growth averaging 11.5% over the last eight quarters.
- The strongest year-over-year quarter for Intangibles in the past five years was fiscal Q1 2022, with growth of 25.6%; the weakest was fiscal Q1 2023, with a decline of 8.3%.
- According to Business Quant data, Intangibles for the three prior fiscal quarters was $3.1 billion (Q2 2026), $2.69 billion (Q1 2026) and $2.73 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | 9.79 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | 3.10 Bn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 24.70 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | 2.31 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | 799.85 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | 11.61 Mn |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | 15,750.00 |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | 11,880.41 |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | 9.37 Mn |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 4.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 Bn |
| Mar 31, 2026 | 3.10 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Jun 30, 2025 | 2.76 Bn |
| Mar 31, 2025 | 2.76 Bn |
| Dec 31, 2024 | 2.33 Bn |
| Sep 30, 2024 | 2.36 Bn |
| Jun 30, 2024 | 2.31 Bn |
| Mar 31, 2024 | 2.32 Bn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 2.35 Bn |
| Jun 30, 2023 | 2.20 Bn |
| Mar 31, 2023 | 2.23 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 2.24 Bn |
| Jun 30, 2022 | 2.35 Bn |
| Mar 31, 2022 | 2.41 Bn |
| Dec 31, 2021 | 2.47 Bn |
| Sep 30, 2021 | 2.02 Bn |
API Access
Warner Music 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=intangibles&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();