Warner Music (WMG) Operating Expenses (2010 - 2026)

Warner Music (WMG) has 17 years of Operating Expenses data on file, last reported at $1.5 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.5 billion, up 11.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.3 billion (up 11.73% YoY), and the FY2025 annual result was $6.0 billion, up 6.71% from the prior year.
• Operating Expenses fell to $1.5 billion in Q1 2026 per WMG's latest filing, from $1.5 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.7 billion in Q3 2025 and troughed at $1.2 billion in Q1 2022.
• A 5-year average of $1.4 billion and a median of $1.4 billion in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 8.07% in 2022, then rose 16.01% in 2025.
• A 5-year view of Operating Expenses shows it stood at $1.3 billion in 2022, then advanced by 11.63% to $1.4 billion in 2023, then grew by 2.91% to $1.5 billion in 2024, then rose by 6.54% to $1.5 billion in 2025, then decreased by 5.11% to $1.5 billion in 2026.
• Business Quant data shows WMG's Operating Expenses at $1.5 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.7 billion in Q3 2025.