Warner Music (WMG) Payables (2010 - 2026)
Warner Music's Payables came in at $354 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 46.9% from $241 million a year earlier but down 21.7% from the prior quarter.
Warner Music (WMG) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Warner Music's Payables was $257 million, down 11.1% from FY2024.
- Payables carries a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- Going back by fiscal year, Payables was $289 million in FY2024 (-3.7%), $300 million in FY2023 (+11.9%), $268 million in FY2022 (-11.3%) and $302 million in FY2021 (+14.4%).
- The five-year range for quarterly Payables is $189 million (fiscal Q1 2025) to $452 million (fiscal Q2 2026).
- Year-over-year, Payables has increased for three consecutive quarters, with growth averaging 9.9% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in fiscal Q3 2026 (growth of 46.9%), and the weakest in fiscal Q1 2025 (a decline of 23.2%).
- Business Quant data shows WMG's Payables at $452 million (Q2 2026), $201 million (Q1 2026) and $257 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 19.55 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 354.00 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | 169.60 Mn |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 57.01 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | 3.36 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 649,895.00 |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | 7.77 Mn |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | 1.76 Mn |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.29 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 354.00 Mn |
| Mar 31, 2026 | 452.00 Mn |
| Dec 31, 2025 | 201.00 Mn |
| Sep 30, 2025 | 257.00 Mn |
| Jun 30, 2025 | 241.00 Mn |
| Mar 31, 2025 | 347.00 Mn |
| Dec 31, 2024 | 189.00 Mn |
| Sep 30, 2024 | 289.00 Mn |
| Jun 30, 2024 | 200.00 Mn |
| Mar 31, 2024 | 306.00 Mn |
| Dec 31, 2023 | 246.00 Mn |
| Sep 30, 2023 | 300.00 Mn |
| Jun 30, 2023 | 249.00 Mn |
| Mar 31, 2023 | 282.00 Mn |
| Dec 31, 2022 | 220.00 Mn |
| Sep 30, 2022 | 268.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Mar 31, 2022 | 320.00 Mn |
| Dec 31, 2021 | 274.00 Mn |
| Sep 30, 2021 | 302.00 Mn |
Warner Music Payables 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=payables&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();