Skip to content
OpenCapital
Get started

Warner Music Group WMG Deferred Revenue

Deferred Revenue at other companies

Reservoir Media, Inc. logo
Reservoir Media, Inc.RSVR
$2.47M+31.1%
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
$1.59B-0.5%
LiveOne, Inc. logo
LiveOne, Inc.LVO
$1.79M-16.4%

Other financials

Income statement

See full
Revenue$1.7B+16.7%
Gross profit$802.0M+15.7%
Operating income$264.0M+57.1%
Net income$183.0M+408%

Balance sheet

See full
Cash & equivalents$741.0M+16.3%
Total debt$895.0M-79.0%
Total equity$738.0M+30.2%
Total assets$10.6B+10.9%

Cash flow

See full
Operating cash flow$126.0M+82.6%
CapEx$27.0M-25.0%
Free cash flow$99.0M+200%

Valuation

See full
Market cap$15B-3.1%
Enterprise value$15.16B-21.4%
P/E33.2×-18.9×
P/S2.1×-0.3×

Profitability

See full
Gross margin45.8%-1.0pp
Operating margin12.1%+0.6pp
Net margin6.3%-0.8pp
FCF margin10.2%-1.8pp

Returns & leverage

See full
Return on equity69.3%-21.1pp
Debt / equity1.2×-6.3×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Warner Music Group in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Warner Music Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Warner Music Group's deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Warner Music Group's deferred revenue?
Warner Music Group (WMG) reported deferred revenue of $451M in Q1 2026.
How has Warner Music Group's deferred revenue changed year-over-year?
Warner Music Group's deferred revenue increased by 41.4% year-over-year, from $319M to $451M.
What is the long-term trend for Warner Music Group's deferred revenue?
Over 4 years (2021 to 2025), Warner Music Group's deferred revenue has grown at a -4.8% compound annual growth rate (CAGR), from $348M to $286M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.