Warner Music (WMG) Net of Acquisitions & Divestments (2009 - 2026)
Warner Music (WMG) posted Net of Acquisitions & Divestments of -$77 million for fiscal Q3 2026 (quarter ended Jun 30, 2026).
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Analysis
Warner Music (WMG) Net of Acquisitions & Divestments (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net of Acquisitions & Divestments at Warner Music was -$96 million; for FY2025 (ended Sep 30, 2025), it came in at -$46 million.
- In prior fiscal years, Warner Music's Net of Acquisitions & Divestments was -$21 million in FY2024, -$81 million in FY2023, -$509 million in FY2022 and -$64 million in FY2021.
- The fiscal Q3 2026 figure stands as the lowest quarterly Net of Acquisitions & Divestments since fiscal Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 205.42 Bn | 189.99 Bn | 11.57 Bn | - |
| 2 | Warner Music | 16.90 Bn | 14.39 Bn | 854.00 Mn | -77.00 Mn |
| 3 | Lionsgate Studios | 4.18 Bn | 2.90 Bn | 240.40 Mn | - |
| 4 | Angel Studios | 905.05 Mn | 728.30 Mn | 100.00 Mn | 2.42 Mn |
| 5 | Reservoir Media | 675.30 Mn | 590.68 Mn | 32.16 Mn | -350,000.00 |
| 6 | Kartoon Studios | 31.10 Mn | -22.52 Mn | 1.19 Mn | - |
| 7 | American Picture House | 4.55 Mn | 4.55 Mn | - | - |
| 8 | Nexus Advanced Technologies | 792,061.23 | -15.85 Mn | - | - |
| 9 | AI Era | 58,016.81 | -592,216.19 | - | - |
| 10 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -77.00 Mn |
| Mar 31, 2026 | -17.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | -40.00 Mn |
| Sep 30, 2024 | -14.00 Mn |
| Jun 30, 2024 | -7.00 Mn |
| Mar 31, 2024 | 13.00 Mn |
| Dec 31, 2023 | -13.00 Mn |
| Sep 30, 2023 | -97.00 Mn |
| Jun 30, 2023 | -9.00 Mn |
| Mar 31, 2023 | -9.00 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | -10.00 Mn |
| Jun 30, 2022 | -70.00 Mn |
| Mar 31, 2022 | -4.00 Mn |
| Dec 31, 2021 | -425.00 Mn |
| Sep 30, 2021 | -15.00 Mn |
| Jun 30, 2021 | -10.00 Mn |
| Mar 31, 2021 | -38.00 Mn |
API Access
Warner Music Net of Acquisitions & Divestments 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=net-of-acquisitions-and-divestments&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-of-acquisitions-and-divestments", "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=net-of-acquisitions-and-divestments&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();