Warner Music (WMG) Intangibles (2010 - 2026)
Warner Music's (WMG) quarterly Intangibles came in at $3.1 billion in Q2 2026, up 12.08% year-over-year from $2.8 billion in Q2 2025, and little changed quarter-over-quarter from $3.1 billion in Q1 2026.
Analysis
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 Q2 2026.
- On a quarterly basis, Intangibles rose 12.08% year-over-year to $3.1 billion in Q2 2026; TTM through Jun 2026 was $3.1 billion, a 12.08% increase from a year earlier, with the FY2025 full-year figure at $2.7 billion, up 15.52% from the prior year.
- Intangibles was $3.1 billion for Q2 2026 at Warner Music, roughly flat from $3.1 billion in the prior quarter.
- Over five years, Intangibles peaked at $3.1 billion in Q1 2026 and troughed at $2.2 billion in Q2 2023.
- A 5-year average of $2.5 billion and a median of $2.4 billion in 2023 frame the typical range for Intangibles.
- The widest YoY moves for Intangibles: up 25.12% in 2022, down 8.33% in 2022.
- Over 5 years, Intangibles stood at $2.3 billion in 2022, then gained by 5.47% to $2.4 billion in 2023, then fell by 2.55% to $2.3 billion in 2024, then rose by 15.5% to $2.7 billion in 2025, then gained by 15.17% to $3.1 billion in 2026.
- The last three Intangibles figures came in at $3.1 billion (Q2 2026), $3.1 billion (Q1 2026), and $2.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | 3.10 Bn |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | 995.69 Mn |
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 |