Current Liabilities
Accrued Royalties (Current)
Warner Music Group Accrued Royalties (Current) decreased by 3.5% to $2.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $2.6B to $2.83B. Over 5 years (FY 2020 to FY 2025), Accrued Royalties (Current) shows an upward trend with a 11.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026
How to read this metric
An increase typically correlates with higher revenue periods, while a decrease may reflect seasonal payment cycles or lower performance.
Detailed definition
This represents the liability for royalties earned by artists and songwriters that have been incurred but not yet paid o...
Peer comparison
Specific to media and entertainment; a primary liability for all major music labels.
Metric ID:
accrued_royalties_currentHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.84B | $1.88B | $1.97B | $1.91B | $1.97B | $1.92B | $2.09B | $2.06B | $2.24B | $2.22B | $2.46B | $2.41B | $2.58B | $2.55B | $2.65B | $2.6B | $2.83B | $2.74B | $2.94B | $2.83B |
| QoQ Change | — | +2.1% | +5.0% | -3.3% | +3.3% | -2.7% | +9.0% | -1.6% | +8.8% | -0.9% | +10.9% | -2.1% | +7.2% | -1.3% | +4.1% | -2.0% | +8.8% | -3.1% | +7.2% | -3.5% |
| YoY Change | — | — | — | — | +7.1% | +2.0% | +5.9% | +7.8% | +13.6% | +15.7% | +17.6% | +17.1% | +15.3% | +14.9% | +7.8% | +7.9% | +9.5% | +7.5% | +10.7% | +9.0% |
Range$1.84B – $2.94B
CAGR+9.5%
Avg YoY Growth+10.6%
Median YoY Growth+9.3%
Accrued Royalties (Current) at Other Companies
Frequently Asked Questions
- What is Warner Music Group's accrued royalties (current)?
- Warner Music Group (WMG) reported accrued royalties (current) of $2.83B in Q1 2026.
- How has Warner Music Group's accrued royalties (current) changed year-over-year?
- Warner Music Group's accrued royalties (current) increased by 9.0% year-over-year, from $2.6B to $2.83B.
- What is the long-term trend for Warner Music Group's accrued royalties (current)?
- Over 5 years (2020 to 2025), Warner Music Group's accrued royalties (current) has grown at a 11.0% compound annual growth rate (CAGR), from $1.63B to $2.74B.
- What does accrued royalties (current) mean?
- Royalties owed to artists and songwriters that have been earned but not yet paid.