Warner Music (WMG) Prepaid Assets (2012 - 2026)
Warner Music's Prepaid Assets was $227 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 36.7% from $166 million a year earlier and up 18.2% from the prior quarter.
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Analysis
Warner Music (WMG) Prepaid Assets (2012 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Prepaid Assets at Warner Music came in at $166 million, up 32.8% from FY2024.
- Prepaid Assets has now increased for eight consecutive fiscal years, with a five-year compound annual growth rate of 24.7% (FY2020 to FY2025).
- In earlier fiscal years, Prepaid Assets was $125 million in FY2024 (+22.5%), $102 million in FY2023 (+12.1%), $91 million in FY2022 (+5.8%) and $86 million in FY2021 (+56.4%).
- The fiscal Q3 2026 figure marks the highest quarterly Prepaid Assets in data going back to fiscal Q4 2012.
- Compared with a year earlier, Prepaid Assets has increased for ten straight quarters, with growth averaging 31.7% over the last eight quarters.
- The best year-over-year quarter for Prepaid Assets over five years was fiscal Q4 2021 (growth of 56.4%); the worst was fiscal Q1 2024 (a decline of 0.9%).
- Per Business Quant data, WMG's Prepaid Assets in the three fiscal quarters before Q3 2026 was $192 million (Q2 2026), $169 million (Q1 2026) and $166 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - |
| 9 | AI Era | 580,168.11 | -70,064.89 | - |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 227.00 Mn |
| Mar 31, 2026 | 192.00 Mn |
| Dec 31, 2025 | 169.00 Mn |
| Sep 30, 2025 | 166.00 Mn |
| Jun 30, 2025 | 166.00 Mn |
| Mar 31, 2025 | 147.00 Mn |
| Dec 31, 2024 | 156.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Jun 30, 2024 | 112.00 Mn |
| Mar 31, 2024 | 113.00 Mn |
| Dec 31, 2023 | 108.00 Mn |
| Sep 30, 2023 | 102.00 Mn |
| Jun 30, 2023 | 98.00 Mn |
| Mar 31, 2023 | 109.00 Mn |
| Dec 31, 2022 | 109.00 Mn |
| Sep 30, 2022 | 91.00 Mn |
| Jun 30, 2022 | 84.00 Mn |
| Mar 31, 2022 | 82.00 Mn |
| Dec 31, 2021 | 78.00 Mn |
| Sep 30, 2021 | 86.00 Mn |
API Access
Warner Music Prepaid Assets 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=prepaid-assets&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();