Current Liabilities
Deferred Revenue
Warner Music Group Deferred Revenue increased by 83.3% to $451M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.4%, from $319M to $451M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows relatively stable performance with a -0.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026
How to read this metric
An increase indicates strong future demand or successful upfront billing, while a decrease may signal revenue recognition or lower future bookings.
Detailed definition
Deferred revenue represents payments received from customers for goods or services that have not yet been delivered or e...
Peer comparison
Common in subscription-based or contract-heavy industries; indicates future revenue visibility.
Metric ID:
deferred_revenue_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 | $275M | $348M | $298M | $239M | $197M | $423M | $327M | $311M | $226M | $371M | $305M | $234M | $168M | $246M | $312M | $319M | $278M | $286M | $246M | $451M |
| QoQ Change | — | +26.5% | -14.4% | -19.8% | -17.6% | +114.7% | -22.7% | -4.9% | -27.3% | +64.2% | -17.8% | -23.3% | -28.2% | +46.4% | +26.8% | +2.2% | -12.9% | +2.9% | -14.0% | +83.3% |
| YoY Change | — | — | — | — | -28.4% | +21.6% | +9.7% | +30.1% | +14.7% | -12.3% | -6.7% | -24.8% | -25.7% | -33.7% | +2.3% | +36.3% | +65.5% | +16.3% | -21.2% | +41.4% |
Range$168M – $451M
CAGR+11.0%
Avg YoY Growth+5.3%
Median YoY Growth+6.0%
Deferred Revenue at Other Companies
Frequently Asked Questions
- 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 5 years (2020 to 2025), Warner Music Group's deferred revenue has grown at a -0.8% compound annual growth rate (CAGR), from $297M to $286M.
- What does deferred revenue mean?
- Money received for services or products that have not yet been provided.