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Warner Music (WMG) Operating Expenses (2016 - 2025)

Warner Music (WMG) has disclosed Operating Expenses for 16 consecutive years, with $1.5 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 6.54% to $1.5 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $6.1 billion through Dec 2025, up 7.61% year-over-year, with the annual reading at $6.0 billion for FY2025, 6.71% up from the prior year.
  • Operating Expenses for Q4 2025 was $1.5 billion at Warner Music, down from $1.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.7 billion in Q3 2025, with the low at $1.1 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2023.
  • Peak annual rise in Operating Expenses hit 22.93% in 2021, while the deepest fall reached 18.36% in 2021.
  • Over 5 years, Operating Expenses stood at $1.4 billion in 2021, then fell by 8.07% to $1.3 billion in 2022, then grew by 11.63% to $1.4 billion in 2023, then rose by 2.91% to $1.5 billion in 2024, then increased by 6.54% to $1.5 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $1.5 billion, $1.7 billion, and $1.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.