Warner Music (WMG) Other Operating Expenses (2009 - 2026)
Warner Music (WMG) recorded Other Operating Expenses of $78 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 16.4% from $67 million a year earlier and up 8.3% from the prior quarter.
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Analysis
Warner Music (WMG) Other Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Warner Music's Other Operating Expenses came in at $290 million as of Jun 30, 2026, up 19.3% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $258 million, up 15.2% from FY2024.
- Annual Other Operating Expenses has a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- Across earlier fiscal years, Other Operating Expenses came in at $224 million in FY2024 (-8.6%), $245 million in FY2023 (-6.8%), $263 million in FY2022 (+14.8%) and $229 million in FY2021 (+20.5%).
- The fiscal Q3 2026 figure is the highest quarterly Other Operating Expenses in data going back to fiscal Q3 2010.
- On a year-over-year basis, Other Operating Expenses has increased for seven consecutive quarters, with growth averaging 14.0% over the last eight quarters.
- Peak year-over-year performance for Other Operating Expenses in the last five years was growth of 26.3% in fiscal Q4 2025, against a decline of 14.1% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $72 million (Q2 2026), $68 million (Q1 2026) and $72 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 205.42 Bn | 189.99 Bn | 11.57 Bn |
| 2 | Warner Music | 16.90 Bn | 14.39 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 4.18 Bn | 2.90 Bn | 240.40 Mn |
| 4 | Angel Studios | 905.05 Mn | 728.30 Mn | 100.00 Mn |
| 5 | Reservoir Media | 675.30 Mn | 590.68 Mn | 32.16 Mn |
| 6 | Kartoon Studios | 31.10 Mn | -22.52 Mn | 1.19 Mn |
| 7 | American Picture House | 4.55 Mn | 4.55 Mn | - |
| 8 | Nexus Advanced Technologies | 792,061.23 | -15.85 Mn | - |
| 9 | AI Era | 58,016.81 | -592,216.19 | - |
| 10 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 977.00 Mn |
| Mar 31, 2026 | 899.00 Mn |
| Dec 31, 2025 | 956.00 Mn |
| Sep 30, 2025 | 1.00 Bn |
| Jun 30, 2025 | 884.00 Mn |
| Mar 31, 2025 | 763.00 Mn |
| Dec 31, 2024 | 865.00 Mn |
| Sep 30, 2024 | 828.00 Mn |
| Jun 30, 2024 | 805.00 Mn |
| Mar 31, 2024 | 765.00 Mn |
| Dec 31, 2023 | 854.00 Mn |
| Sep 30, 2023 | 823.00 Mn |
| Jun 30, 2023 | 828.00 Mn |
| Mar 31, 2023 | 699.00 Mn |
| Dec 31, 2022 | 740.00 Mn |
| Sep 30, 2022 | 782.00 Mn |
| Jun 30, 2022 | 748.00 Mn |
| Mar 31, 2022 | 677.00 Mn |
| Dec 31, 2021 | 797.00 Mn |
| Sep 30, 2021 | 732.00 Mn |
API Access
Warner Music Other Operating 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-operating-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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-operating-expenses&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();