Current Assets
Royalty advances expected to be recouped within one year
Warner Music Group Royalty advances expected to be recouped within one year increased by 11.1% to $649.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.5%, from $509.00M to $649.00M. Over 5 years (FY 2020 to FY 2025), Royalty advances expected to be recouped within one year shows an upward trend with a 21.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026
How to read this metric
Higher levels indicate significant investment in talent, while the ability to recoup these advances reflects the commercial success of the signed artists.
Detailed definition
These are prepayments made to artists, songwriters, or rights holders that the company expects to recoup against future...
Peer comparison
Unique to the music and entertainment industry; peers like Universal Music Group or Sony Music report similar structures.
Metric ID:
current_assets_advance_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 | $315.00M | $373.00M | $468.00M | $437.00M | $409.00M | $372.00M | $405.00M | $371.00M | $390.00M | $413.00M | $453.00M | $456.00M | $450.00M | $470.00M | $473.00M | $509.00M | $579.00M | $581.00M | $584.00M | $649.00M |
| QoQ Change | — | +18.4% | +25.5% | -6.6% | -6.4% | -9.0% | +8.9% | -8.4% | +5.1% | +5.9% | +9.7% | +0.7% | -1.3% | +4.4% | +0.6% | +7.6% | +13.8% | +0.3% | +0.5% | +11.1% |
| YoY Change | — | — | — | — | +29.8% | -0.3% | -13.5% | -15.1% | -4.6% | +11.0% | +11.9% | +22.9% | +15.4% | +13.8% | +4.4% | +11.6% | +28.7% | +23.6% | +23.5% | +27.5% |
Range$315.00M – $649.00M
CAGR+16.4%
Avg YoY Growth+11.9%
Median YoY Growth+12.8%
Current Streak7 quarters growth
Royalty advances expected to be recouped within one year at Other Companies
Frequently Asked Questions
- What is Warner Music Group's royalty advances expected to be recouped within one year?
- Warner Music Group (WMG) reported royalty advances expected to be recouped within one year of $649.00M in Q1 2026.
- How has Warner Music Group's royalty advances expected to be recouped within one year changed year-over-year?
- Warner Music Group's royalty advances expected to be recouped within one year increased by 27.5% year-over-year, from $509.00M to $649.00M.
- What is the long-term trend for Warner Music Group's royalty advances expected to be recouped within one year?
- Over 5 years (2020 to 2025), Warner Music Group's royalty advances expected to be recouped within one year has grown at a 21.4% compound annual growth rate (CAGR), from $220.00M to $581.00M.
- What does royalty advances expected to be recouped within one year mean?
- Prepaid royalties to artists that are expected to be earned back within one year.