Current Liabilities
Contract Liabilities and Refund Liability
Warner Music Group Contract Liabilities and Refund Liability decreased by 23.8% to $16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $17.00M to $16.00M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities and Refund Liability shows a downward trend with a -6.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ2 2026May 7, 2026
How to read this metric
An increase in refund liability may signal quality issues, while an increase in contract liabilities indicates future service obligations.
Detailed definition
This encompasses obligations to customers for undelivered goods or services and the estimated liability for potential pr...
Peer comparison
Standard accounting requirement under revenue recognition standards for companies with complex sales contracts.
Metric ID:
contract_liabilities_and_refund_liabilityHistorical 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 | $29.00M | $23.00M | $33.00M | $22.00M | $20.00M | $19.00M | $26.00M | $21.00M | $22.00M | $19.00M | $25.00M | $18.00M | $19.00M | $20.00M | $22.00M | $17.00M | $16.00M | $17.00M | $21.00M | $16.00M |
| QoQ Change | — | -20.7% | +43.5% | -33.3% | -9.1% | -5.0% | +36.8% | -19.2% | +4.8% | -13.6% | +31.6% | -28.0% | +5.6% | +5.3% | +10.0% | -22.7% | -5.9% | +6.3% | +23.5% | -23.8% |
| YoY Change | — | — | — | — | -31.0% | -17.4% | -21.2% | -4.5% | +10.0% | +0.0% | -3.8% | -14.3% | -13.6% | +5.3% | -12.0% | -5.6% | -15.8% | -15.0% | -4.5% | -5.9% |
Range$16.00M – $33.00M
CAGR-11.8%
Avg YoY Growth-9.3%
Median YoY Growth-8.9%
Contract Liabilities and Refund Liability at Other Companies
Frequently Asked Questions
- What is Warner Music Group's contract liabilities and refund liability?
- Warner Music Group (WMG) reported contract liabilities and refund liability of $16.00M in Q1 2026.
- How has Warner Music Group's contract liabilities and refund liability changed year-over-year?
- Warner Music Group's contract liabilities and refund liability decreased by 5.9% year-over-year, from $17.00M to $16.00M.
- What is the long-term trend for Warner Music Group's contract liabilities and refund liability?
- Over 5 years (2020 to 2025), Warner Music Group's contract liabilities and refund liability has grown at a -6.7% compound annual growth rate (CAGR), from $24.00M to $17.00M.
- What does contract liabilities and refund liability mean?
- Liabilities related to unfulfilled contracts and expected customer refunds.