Warner Music (WMG) Other Accumulated Expenses (2010 - 2026)
Warner Music (WMG) reported Other Accumulated Expenses of $3.03 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 7.1% from $2.83 billion a year earlier and up 6.9% from the prior quarter.
Warner Music (WMG) Other Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Warner Music posted Other Accumulated Expenses of $2.74 billion, up 7.5% from FY2024.
- Other Accumulated Expenses has increased for ten consecutive fiscal years, with a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- By fiscal year, Other Accumulated Expenses came in at $2.55 billion in FY2024 (+14.9%), $2.22 billion in FY2023 (+15.7%), $1.92 billion in FY2022 (+2.0%) and $1.88 billion in FY2021 (+15.5%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Other Accumulated Expenses in data going back to fiscal Q4 2010.
- Year over year, Other Accumulated Expenses has now increased in each of the last 42 quarters, with growth averaging 9.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Other Accumulated Expenses ran from 2.0% in fiscal Q4 2022 to 17.6% in fiscal Q1 2024.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $2.83 billion (Q2 2026), $2.94 billion (Q1 2026) and $2.74 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.03 Bn |
| Mar 31, 2026 | 2.83 Bn |
| Dec 31, 2025 | 2.94 Bn |
| Sep 30, 2025 | 2.74 Bn |
| Jun 30, 2025 | 2.83 Bn |
| Mar 31, 2025 | 2.60 Bn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 30, 2024 | 2.55 Bn |
| Jun 30, 2024 | 2.58 Bn |
| Mar 31, 2024 | 2.41 Bn |
| Dec 31, 2023 | 2.46 Bn |
| Sep 30, 2023 | 2.22 Bn |
| Jun 30, 2023 | 2.24 Bn |
| Mar 31, 2023 | 2.06 Bn |
| Dec 31, 2022 | 2.09 Bn |
| Sep 30, 2022 | 1.92 Bn |
| Jun 30, 2022 | 1.97 Bn |
| Mar 31, 2022 | 1.91 Bn |
| Dec 31, 2021 | 1.97 Bn |
| Sep 30, 2021 | 1.88 Bn |
Warner Music Other Accumulated Expenses 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=other-accumulated-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();