Warner Music (WMG) Operating Leases (2019 - 2026)

Warner Music (WMG) has reported Operating Leases for 8 consecutive years, with $165.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Leases fell 22.17% year-over-year to $165.0 million in Q2 2026; TTM through Jun 2026 was $165.0 million, a 22.17% decrease from a year earlier, with the FY2025 full-year figure at $200.0 million, down 26.74% from the prior year.
• Operating Leases was $165.0 million for Q2 2026 at Warner Music, down from $174.0 million in the prior quarter.
• Over five years, Operating Leases peaked at $309.0 million in Q1 2022 and troughed at $165.0 million in Q2 2026.
• A 5-year average of $238.6 million and a median of $236.5 million in 2022 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases gained 6.41% in 2023 and retreated 26.74% in 2025, its largest moves.
• Over 5 years, Operating Leases stood at $234.0 million in 2022, then grew by 6.41% to $249.0 million in 2023, then dropped by 10.84% to $222.0 million in 2024, then dropped by 15.32% to $188.0 million in 2025, then slipped by 12.23% to $165.0 million in 2026.
• The last three Operating Leases figures came in at $165.0 million (Q2 2026), $174.0 million (Q1 2026), and $188.0 million (Q4 2025), per Business Quant data.