Non-Current Assets
Intangibles (Net)
Warner Music Group Intangibles (Net) increased by 15.3% to $3.1B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $2.76B to $3.1B. Over 5 years (FY 2020 to FY 2025), Intangibles (Net) shows an upward trend with a 10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026
How to read this metric
Higher values indicate a strong portfolio of intellectual property, while a rapid decline may signal aggressive amortization or lack of new acquisitions.
Detailed definition
This represents the net book value of non-physical assets such as music copyrights, artist contracts, and publishing rig...
Peer comparison
Essential for media and entertainment firms; comparable to content libraries at other major labels.
Metric ID:
intangible_assets_netHistorical 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 | $2.06B | $2.02B | $2.47B | $2.41B | $2.35B | $2.24B | $2.27B | $2.23B | $2.2B | $2.35B | $2.39B | $2.32B | $2.31B | $2.36B | $2.33B | $2.76B | $2.76B | $2.73B | $2.69B | $3.1B |
| QoQ Change | — | -2.1% | +22.6% | -2.5% | -2.7% | -4.5% | +1.2% | -1.5% | -1.7% | +7.2% | +1.6% | -3.0% | -0.4% | +2.2% | -1.3% | +18.7% | +0.0% | -1.4% | -1.3% | +15.3% |
| YoY Change | — | — | — | — | +13.8% | +11.0% | -8.3% | -7.4% | -6.4% | +5.1% | +5.5% | +3.9% | +5.2% | +0.3% | -2.6% | +19.2% | +19.7% | +15.5% | +15.5% | +12.2% |
Range$2.02B – $3.1B
CAGR+9.0%
Avg YoY Growth+6.4%
Median YoY Growth+5.3%
Intangibles (Net) at Other Companies
Frequently Asked Questions
- What is Warner Music Group's intangibles (net)?
- Warner Music Group (WMG) reported intangibles (net) of $3.1B in Q1 2026.
- How has Warner Music Group's intangibles (net) changed year-over-year?
- Warner Music Group's intangibles (net) increased by 12.2% year-over-year, from $2.76B to $3.1B.
- What is the long-term trend for Warner Music Group's intangibles (net)?
- Over 5 years (2020 to 2025), Warner Music Group's intangibles (net) has grown at a 10.5% compound annual growth rate (CAGR), from $1.65B to $2.73B.
- What does intangibles (net) mean?
- The value of non-physical assets like copyrights and contracts after accounting for their wear and tear.