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.
An increase indicates upfront investment in future technology access, while a decrease reflects the amortization of these rights.
This metric tracks changes in advance payments made for the right to use intellectual property or technology. It reflect...
Common in R&D-heavy industries like medical devices and pharmaceuticals.
operating_increase_decrease_in_prepaid_royalties| Q3 '21 | Q4 '21 | Q1 '22 | Q4 '22 | Q1 '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 | $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% |