Warner Music (WMG) Selling, General & Administrative (2010 - 2026)
Warner Music (WMG) reported Selling, General & Administrative of $464 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.5% from $471 million a year earlier but up 0.9% from the prior quarter.
Warner Music (WMG) Selling, General & Administrative (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Warner Music's Selling, General & Administrative came in at $1.88 billion, down 0.7% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $1.89 billion, up 0.5% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- By fiscal year, Selling, General & Administrative came in at $1.88 billion in FY2024 (+2.9%), $1.83 billion in FY2023 (-1.9%), $1.86 billion in FY2022 (+8.2%) and $1.72 billion in FY2021 (-20.7%).
- Five-year quarterly Selling, General & Administrative spans a low of $440 million in fiscal Q1 2023 and a high of $497 million in fiscal Q1 2022.
- Year over year, Selling, General & Administrative gained in four of the last eight quarters, with growth averaging 0.5%.
- The high point for year-over-year Selling, General & Administrative in five years was fiscal Q1 2022 (growth of 23.9%); the low point was fiscal Q1 2023 (a decline of 11.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $460 million (Q2 2026), $458 million (Q1 2026) and $494 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn | 3.97 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn | 464.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - | 124.90 Mn |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn | 12.41 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn | 13.02 Mn |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - | 56,481.00 |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | 715,496.00 |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 3.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 464.00 Mn |
| Mar 31, 2026 | 460.00 Mn |
| Dec 31, 2025 | 458.00 Mn |
| Sep 30, 2025 | 494.00 Mn |
| Jun 30, 2025 | 471.00 Mn |
| Mar 31, 2025 | 450.00 Mn |
| Dec 31, 2024 | 474.00 Mn |
| Sep 30, 2024 | 495.00 Mn |
| Jun 30, 2024 | 462.00 Mn |
| Mar 31, 2024 | 446.00 Mn |
| Dec 31, 2023 | 476.00 Mn |
| Sep 30, 2023 | 473.00 Mn |
| Jun 30, 2023 | 461.00 Mn |
| Mar 31, 2023 | 452.00 Mn |
| Dec 31, 2022 | 440.00 Mn |
| Sep 30, 2022 | 470.00 Mn |
| Jun 30, 2022 | 451.00 Mn |
| Mar 31, 2022 | 444.00 Mn |
| Dec 31, 2021 | 497.00 Mn |
| Sep 30, 2021 | 465.00 Mn |
Warner Music Selling, General & Administrative 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=selling-general-and-administrative&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();