Non-Current Assets
Royalty advances expected to be recouped after one year
Warner Music Group Royalty advances expected to be recouped after one year remained flat by 0.0% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.5%, from $945M to $1.08B. Over 5 years (FY 2020 to FY 2025), Royalty advances expected to be recouped after one year shows an upward trend with a 32.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026
How to read this metric
High levels indicate a long-term investment strategy in artist development, though it requires successful future content performance to justify the asset value.
Detailed definition
These are long-term prepayments made to artists or rights holders that are not expected to be fully recouped against fut...
Peer comparison
Specific to music publishing and recorded music industries; reflects the long-term nature of artist contracts.
Metric ID:
non_current_assets_advance_royalties_noncurrentHistorical 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 | $385M | $457M | $566M | $534M | $500M | $503M | $546M | $557M | $584M | $688M | $755M | $759M | $837M | $874M | $878M | $945M | $1.08B | $1.08B | $1.08B | $1.08B |
| QoQ Change | — | +18.7% | +23.9% | -5.7% | -6.4% | +0.6% | +8.5% | +2.0% | +4.8% | +17.8% | +9.7% | +0.5% | +10.3% | +4.4% | +0.5% | +7.6% | +13.8% | +0.4% | +0.3% | +0.0% |
| YoY Change | — | — | — | — | +29.9% | +10.1% | -3.5% | +4.3% | +16.8% | +36.8% | +38.3% | +36.3% | +43.3% | +27.0% | +16.3% | +24.5% | +28.4% | +23.5% | +23.2% | +14.5% |
Range$385M – $1.08B
CAGR+24.3%
Avg YoY Growth+23.1%
Median YoY Growth+24.0%
Current Streak15 quarters growth
Royalty advances expected to be recouped after one year at Other Companies
Frequently Asked Questions
- What is Warner Music Group's royalty advances expected to be recouped after one year?
- Warner Music Group (WMG) reported royalty advances expected to be recouped after one year of $1.08B in Q1 2026.
- How has Warner Music Group's royalty advances expected to be recouped after one year changed year-over-year?
- Warner Music Group's royalty advances expected to be recouped after one year increased by 14.5% year-over-year, from $945M to $1.08B.
- What is the long-term trend for Warner Music Group's royalty advances expected to be recouped after one year?
- Over 5 years (2020 to 2025), Warner Music Group's royalty advances expected to be recouped after one year has grown at a 32.0% compound annual growth rate (CAGR), from $269M to $1.08B.
- What does royalty advances expected to be recouped after one year mean?
- Prepaid royalties to artists that are expected to be earned back over a period longer than one year.