Non-Current Assets
Goodwill
Warner Music Group Goodwill decreased by 0.4% to $2.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $2.03B to $2.05B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 2.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ2 2026May 7, 2026
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
Metric ID:
goodwillHistorical 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 | $1.83B | $1.95B | $1.92B | $1.93B | $1.92B | $1.95B | $1.96B | $1.96B | $1.99B | $2.02B | $2.01B | $2.00B | $2.02B | $2.01B | $2.03B | $2.06B | $2.06B | $2.06B | $2.05B |
| QoQ Change | — | -0.3% | +6.3% | -1.2% | +0.5% | -0.6% | +1.6% | +0.5% | +0.1% | +1.6% | +1.1% | -0.4% | -0.2% | +0.9% | -0.4% | +0.9% | +1.6% | -0.1% | +0.1% | -0.4% |
| YoY Change | — | — | — | — | +5.2% | +4.9% | +0.3% | +2.0% | +1.6% | +3.8% | +3.3% | +2.4% | +2.1% | +1.4% | -0.1% | +1.2% | +3.0% | +2.0% | +2.5% | +1.1% |
Range$1.83B – $2.06B
CAGR+2.4%
Avg YoY Growth+2.3%
Median YoY Growth+2.0%
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Recorded Music | $1.54B | $1.56B | $1.55B | $1.57B | $1.60B | $1.60B | $1.60B | $1.59B |
| Music Publishing | $464.00M | $464.00M | $464.00M | $464.00M | $464.00M | $464.00M | $464.00M | $464.00M |
| Total | $2.00B | $2.02B | $2.01B | $2.03B | $2.06B | $2.06B | $2.06B | $2.05B |
Goodwill at Other Companies
Frequently Asked Questions
- What is Warner Music Group's goodwill?
- Warner Music Group (WMG) reported goodwill of $2.05B in Q1 2026.
- How has Warner Music Group's goodwill changed year-over-year?
- Warner Music Group's goodwill increased by 1.1% year-over-year, from $2.03B to $2.05B.
- What is the long-term trend for Warner Music Group's goodwill?
- Over 5 years (2020 to 2025), Warner Music Group's goodwill has grown at a 2.4% compound annual growth rate (CAGR), from $1.83B to $2.06B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.