Growth Metrics

Warner Music (WMG) Other Working Capital Changes (2010 - 2026)

Warner Music (WMG) reported Other Working Capital Changes of $164.0 million for Q1 2026, up 130.99% year-over-year from $71.0 million in Q1 2025, and up 8100.0% on a QoQ basis from $2.0 million in Q4 2025.

Warner Music (WMG) has 17 years of Other Working Capital Changes data on file, last reported at $164.0 million in Q1 2026.

  • Quarterly Other Working Capital Changes rose 130.99% year-over-year to $164.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $109.0 million (up 186.84% YoY) and the FY2025 annual result came in at $12.0 million, up 154.55% from the prior year.
  • Other Working Capital Changes climbed to $164.0 million in Q1 2026 per WMG's latest filing, from $2.0 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $203.0 million in Q3 2023 and bottomed at -$214.0 million in Q2 2024.
  • The 5-year median for Other Working Capital Changes is $2.0 million (2025), against an average of $12.1 million.
  • Peak annual rise in Other Working Capital Changes reached 3483.33% in 2023, while the deepest fall reached 1816.67% in 2023.
  • Tracing WMG's Other Working Capital Changes over 5 years: stood at -$104.0 million in 2022, then surged by 32.69% to -$70.0 million in 2023, then jumped by 97.14% to -$2.0 million in 2024, then surged by 200.0% to $2.0 million in 2025, then jumped by 8100.0% to $164.0 million in 2026.
  • Per Business Quant, the three latest WMG Other Working Capital Changes figures stand at $164.0 million (Q1 2026), $2.0 million (Q4 2025), and -$53.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn
5 Fox 26.01 Bn 22.51 Bn -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn
8 News 16.98 Bn 15.50 Bn -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn
10 Warner Music 4.58 Bn 3.94 Bn 802.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 164.00 Mn
Mar 31, 2026 164.00 Mn
Dec 31, 2025 2.00 Mn
Dec 31, 2025 2.00 Mn
Sep 30, 2025 -53.00 Mn
Sep 30, 2025 -53.00 Mn
Jun 30, 2025 -4.00 Mn
Jun 30, 2025 -4.00 Mn
Mar 31, 2025 71.00 Mn
Mar 31, 2025 71.00 Mn
Dec 31, 2024 -2.00 Mn
Dec 31, 2024 -2.00 Mn
Sep 30, 2024 183.00 Mn
Sep 30, 2024 183.00 Mn
Jun 30, 2024 -214.00 Mn
Jun 30, 2024 -214.00 Mn
Mar 31, 2024 79.00 Mn
Mar 31, 2024 79.00 Mn
Dec 31, 2023 -70.00 Mn
Dec 31, 2023 -70.00 Mn
Sep 30, 2023 203.00 Mn
Sep 30, 2023 203.00 Mn
Jun 30, 2023 -206.00 Mn
Jun 30, 2023 -206.00 Mn
Mar 31, 2023 103.00 Mn
Mar 31, 2023 103.00 Mn
Dec 31, 2022 -104.00 Mn
Dec 31, 2022 -104.00 Mn
Sep 30, 2022 -6.00 Mn
Sep 30, 2022 -6.00 Mn
Jun 30, 2022 12.00 Mn
Jun 30, 2022 12.00 Mn
Mar 31, 2022 47.00 Mn
Mar 31, 2022 47.00 Mn
Dec 31, 2021 -59.00 Mn
Dec 31, 2021 -59.00 Mn
Sep 30, 2021 4.00 Mn
Sep 30, 2021 4.00 Mn
Jun 30, 2021 22.00 Mn
Jun 30, 2021 22.00 Mn
Mar 31, 2021 -27.00 Mn
Mar 31, 2021 -27.00 Mn
Dec 31, 2020 -2.00 Mn
Dec 31, 2020 -2.00 Mn
Sep 30, 2020 3.00 Mn
Sep 30, 2020 3.00 Mn
Mar 31, 2020 7.00 Mn
Mar 31, 2020 7.00 Mn
Dec 31, 2019 -21.00 Mn
Dec 31, 2019 -21.00 Mn
Sep 30, 2019 -5.00 Mn
Sep 30, 2019 -5.00 Mn
Jun 30, 2019 29.00 Mn
Jun 30, 2019 29.00 Mn
Mar 31, 2019 -23.00 Mn
Mar 31, 2019 -23.00 Mn
Dec 31, 2018 -5.00 Mn
Dec 31, 2018 -5.00 Mn
Sep 30, 2018 -34.00 Mn
Sep 30, 2018 -34.00 Mn
Jun 30, 2018 46.00 Mn
Jun 30, 2018 46.00 Mn
Mar 31, 2018 -13.00 Mn
Mar 31, 2018 -13.00 Mn
Dec 31, 2017 -3.00 Mn
Dec 31, 2017 -3.00 Mn
Sep 30, 2017 19.00 Mn
Sep 30, 2017 19.00 Mn
Jun 30, 2017 -14.00 Mn
Jun 30, 2017 -14.00 Mn
Mar 31, 2017 4.00 Mn
Mar 31, 2017 4.00 Mn
Dec 31, 2016 -15.00 Mn
Dec 31, 2016 -15.00 Mn
Sep 30, 2016 30.00 Mn
Sep 30, 2016 30.00 Mn
Jun 30, 2016 -37.00 Mn
Jun 30, 2016 -37.00 Mn
Mar 31, 2016 17.00 Mn
Mar 31, 2016 17.00 Mn
Dec 31, 2015 -15.00 Mn
Dec 31, 2015 -15.00 Mn
Sep 30, 2015 10.00 Mn
Sep 30, 2015 10.00 Mn
Jun 30, 2015 -85.00 Mn
Jun 30, 2015 -85.00 Mn
Mar 31, 2015 40.00 Mn
Mar 31, 2015 40.00 Mn
Dec 31, 2014 39.00 Mn
Dec 31, 2014 39.00 Mn
Sep 30, 2014 86.00 Mn
Sep 30, 2014 86.00 Mn
Jun 30, 2014 -10.00 Mn
Jun 30, 2014 -10.00 Mn
Mar 31, 2014 26.00 Mn
Mar 31, 2014 26.00 Mn
Dec 31, 2013 -7.00 Mn
Dec 31, 2013 -7.00 Mn
Sep 30, 2013 2.00 Mn
Sep 30, 2013 2.00 Mn
Jun 30, 2013 -16.00 Mn
Jun 30, 2013 -16.00 Mn
Mar 31, 2013 33.00 Mn
Mar 31, 2013 33.00 Mn
Dec 31, 2012 -5.00 Mn
Dec 31, 2012 -5.00 Mn
Sep 30, 2012 -12.00 Mn
Sep 30, 2012 -12.00 Mn
Jun 30, 2012 18.00 Mn
Jun 30, 2012 18.00 Mn
Mar 31, 2012 28.00 Mn
Mar 31, 2012 28.00 Mn
Dec 31, 2011 -1.00 Mn
Dec 31, 2011 -1.00 Mn
Dec 31, 2010 -5.00 Mn
Dec 31, 2010 -5.00 Mn
Sep 30, 2010 20.00 Mn
Sep 30, 2010 20.00 Mn