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

Warner Music has reported Operating Leases over the past 7 years, most recently at $188.0 million for Q4 2025.

  • Quarterly Operating Leases fell 15.32% to $188.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $188.0 million through Dec 2025, down 15.32% year-over-year, with the annual reading at $200.0 million for FY2025, 26.74% down from the prior year.
  • Operating Leases was $188.0 million for Q4 2025 at Warner Music, down from $200.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $336.0 million in Q2 2021 and troughed at $188.0 million in Q4 2025.
  • The 5-year median for Operating Leases is $248.0 million (2023), against an average of $255.4 million.
  • Year-over-year, Operating Leases fell 26.97% in 2022 and then grew 22.82% in 2023.
  • A 5-year view of Operating Leases shows it stood at $318.0 million in 2021, then decreased by 26.42% to $234.0 million in 2022, then increased by 6.41% to $249.0 million in 2023, then decreased by 10.84% to $222.0 million in 2024, then decreased by 15.32% to $188.0 million in 2025.
  • Per Business Quant, the three most recent readings for WMG's Operating Leases are $188.0 million (Q4 2025), $200.0 million (Q3 2025), and $212.0 million (Q2 2025).