Operating

Increase (Decrease) in Prepaid Royalties

Warner Music Group Increase (Decrease) in Prepaid Royalties increased by 828.6% to $65.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.5%, from $85.00M to $65.00M. Over 2 years (FY 2021 to FY 2025), Increase (Decrease) in Prepaid Royalties shows relatively stable performance with a -3.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026May 7, 2026

How to read this metric

An increase indicates upfront investment in future technology access, while a decrease reflects the amortization of these rights.

Detailed definition

This metric tracks changes in advance payments made for the right to use intellectual property or technology. It reflect...

Peer comparison

Common in R&D-heavy industries like medical devices and pharmaceuticals.

Metric ID: operating_increase_decrease_in_prepaid_royalties

Historical Data

17 periods
 Q3 '21Q4 '21Q1 '22Q4 '22Q1 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$149.00M$130.00M$177.00M$1.00M$55.00M$42.00M$124.00M$89.00M$16.00M$78.00M$39.00M$42.00M$85.00M$168.00M$17.00M$7.00M$65.00M
QoQ Change-12.8%+36.2%-99.4%>999%-23.6%+195.2%-28.2%-82.0%+387.5%-50.0%+7.7%+102.4%+97.6%-89.9%-58.8%+828.6%
YoY Change-99.2%-68.9%>999%+61.8%+85.7%-68.5%-52.8%+431.3%+115.4%-56.4%-83.3%-23.5%
Range$1.00M$177.00M
CAGR-18.7%
Avg YoY Growth>999%
Median YoY Growth-38.2%

Frequently Asked Questions

What is Warner Music Group's increase (decrease) in prepaid royalties?
Warner Music Group (WMG) reported increase (decrease) in prepaid royalties of $65.00M in Q1 2026.
How has Warner Music Group's increase (decrease) in prepaid royalties changed year-over-year?
Warner Music Group's increase (decrease) in prepaid royalties decreased by 23.5% year-over-year, from $85.00M to $65.00M.
What is the long-term trend for Warner Music Group's increase (decrease) in prepaid royalties?
Over 2 years (2021 to 2025), Warner Music Group's increase (decrease) in prepaid royalties has grown at a -3.5% compound annual growth rate (CAGR), from $335.00M to $312.00M.
What does increase (decrease) in prepaid royalties mean?
The net change in advance payments for technology or intellectual property rights.