Warner Music (WMG) Minority Interest (2010 - 2026)
Warner Music (WMG) posted quarterly Minority Interest of $133.0 million for Q1 2026, up 2560.0% quarter-over-quarter from $5.0 million in Q4 2025.
Warner Music (WMG) Minority Interest (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Minority Interest for 17 consecutive years, with $133.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Minority Interest changed N/A year-over-year to $133.0 million; the TTM figure through Mar 2026 stood at $133.0 million (changed N/A YoY), while the FY2023 annual figure was $123.0 million, up 668.75% from the prior year.
- Minority Interest rose to $133.0 million in Q1 2026 per WMG's latest filing, from $5.0 million in the prior quarter.
- Across five years, Minority Interest topped out at $223.0 million in Q2 2025 and bottomed at $5.0 million in Q4 2025.
- Historically, Minority Interest has averaged $79.7 million across 5 years, with a median of $19.0 million in 2022.
- Annual changes were most pronounced in 2022 — Minority Interest sank 36.84% — and 2023, when it soared 1175.0%.
- Warner Music's Minority Interest stood at $12.0 million in 2022, then jumped by 1175.0% to $153.0 million in 2023, then retreated by 0.65% to $152.0 million in 2024, then slumped by 96.71% to $5.0 million in 2025, then surged by 2560.0% to $133.0 million in 2026.
- Business Quant data shows WMG's Minority Interest at $133.0 million in Q1 2026, $5.0 million in Q4 2025, and $223.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 133.00 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Dec 31, 2025 | 5.00 Mn |
| Jun 30, 2025 | 223.00 Mn |
| Jun 30, 2024 | 152.00 Mn |
| Mar 31, 2024 | 152.00 Mn |
| Dec 31, 2023 | 153.00 Mn |
| Sep 30, 2023 | 123.00 Mn |
| Jun 30, 2023 | 18.00 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 16.00 Mn |
| Jun 30, 2022 | 16.00 Mn |
| Mar 31, 2022 | 19.00 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Sep 30, 2021 | 15.00 Mn |
| Jun 30, 2021 | 14.00 Mn |
| Mar 31, 2021 | 16.00 Mn |
| Dec 31, 2020 | 17.00 Mn |
| Sep 30, 2020 | 18.00 Mn |