Warner Music (WMG) Other Operating Expenses (2010 - 2025)
Warner Music (WMG) posted quarterly Other Operating Expenses of -$5.0 million for Q4 2025, down 600.0% quarter-over-quarter from $1.0 million in Q2 2024.
Warner Music (WMG) Other Operating Expenses (2010 - 2025) Analysis & Trends
Warner Music (WMG) has reported Other Operating Expenses for 16 consecutive years, with -$5.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Other Operating Expenses changed N/A year-over-year to -$5.0 million; the TTM figure through Mar 2026 stood at -$5.0 million (down 600.0% YoY), while the FY2024 annual figure was $32.0 million, down 21.95% from the prior year.
- Other Operating Expenses retreated to -$5.0 million in Q4 2025 per WMG's latest filing, from $1.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $811.0 million in Q3 2021 and bottomed at -$5.0 million in Q4 2025.
- Historically, Other Operating Expenses has averaged $287.6 million across 5 years, with a median of $29.0 million in 2022.
- Annual changes were most pronounced in 2021 — Other Operating Expenses advanced 29.09% — and 2023, when it tumbled 58.54%.
- Warner Music's Other Operating Expenses stood at $811.0 million in 2021, then slumped by 94.94% to $41.0 million in 2022, then sank by 58.54% to $17.0 million in 2023, then slumped by 94.12% to $1.0 million in 2024, then plunged by 600.0% to -$5.0 million in 2025.
- Business Quant data shows WMG's Other Operating Expenses at -$5.0 million in Q4 2025, $1.0 million in Q2 2024, and $14.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Dec 31, 2022 | 41.00 Mn |
| Sep 30, 2021 | 811.00 Mn |
| Jun 30, 2021 | 741.00 Mn |
| Mar 31, 2021 | 681.00 Mn |
| Dec 31, 2020 | 738.00 Mn |
| Sep 30, 2020 | 655.00 Mn |
| Jun 30, 2020 | 574.00 Mn |
| Mar 31, 2020 | 582.00 Mn |
| Dec 31, 2019 | 712.00 Mn |
| Sep 30, 2019 | 687.00 Mn |
| Jun 30, 2019 | 628.00 Mn |
| Mar 31, 2019 | 614.00 Mn |
| Dec 31, 2018 | 680.00 Mn |
| Sep 30, 2018 | 625.00 Mn |
| Jun 30, 2018 | 587.00 Mn |
| Mar 31, 2018 | 543.00 Mn |