Warner Music (WMG) Intangibles (2010 - 2026)
Warner Music's (WMG) quarterly Intangibles came in at $3.1 billion in Q1 2026, up 1953.64% year-on-year from $151.0 million in Q1 2025, and up 15.28% on a QoQ basis from $2.7 billion in Q4 2025.
Warner Music (WMG) Intangibles (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Intangibles data on file, last reported at $3.1 billion in Q1 2026.
- On a quarterly basis, Intangibles rose 1953.64% year-over-year to $3.1 billion in Q1 2026; TTM through Mar 2026 was $3.1 billion, a 1953.64% increase from a year earlier, with the FY2025 full-year figure at $154.0 million, down 93.47% from the prior year.
- Intangibles for Q1 2026 stood at $3.1 billion, up from $2.7 billion in the prior quarter.
- Over the last five years, Intangibles for WMG reached as high as $3.1 billion in Q1 2026 and fell as low as $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.
- Across the five-year window, Intangibles tumbled 93.47% in 2025 and soared 1953.64% in 2026, its largest moves.
- Year by year, Intangibles stood at $2.3 billion in 2022, then increased by 5.47% to $2.4 billion in 2023, then dropped by 2.55% to $2.3 billion in 2024, then grew by 15.5% to $2.7 billion in 2025, then rose by 15.28% to $3.1 billion in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $3.1 billion in Q1 2026, $2.7 billion in Q4 2025, and $154.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 10.06 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 26.80 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 368.96 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 4.96 Bn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 46.20 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 3.21 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 2.94 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 1.88 Bn |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | 3.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.06 Bn |