Non-Current Liabilities

Operating Lease Liabilities

Warner Music Group Operating Lease Liabilities decreased by 7.4% to $174.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.4%, from $216.00M to $174.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -7.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ2 2026May 7, 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$293.00M$287.00M$275.00M$269.00M$255.00M$241.00M$234.00M$247.00M$264.00M$255.00M$249.00M$239.00M$232.00M$228.00M$222.00M$216.00M$212.00M$200.00M$188.00M$174.00M
QoQ Change-2.0%-4.2%-2.2%-5.2%-5.5%-2.9%+5.6%+6.9%-3.4%-2.4%-4.0%-2.9%-1.7%-2.6%-2.7%-1.9%-5.7%-6.0%-7.4%
YoY Change-13.0%-16.0%-14.9%-8.2%+3.5%+5.8%+6.4%-3.2%-12.1%-10.6%-10.8%-9.6%-8.6%-12.3%-15.3%-19.4%
Range$174.00M$293.00M
CAGR-10.4%
Avg YoY Growth-8.7%
Median YoY Growth-10.7%
Current Streak11 quarters decline

Frequently Asked Questions

What is Warner Music Group's operating lease liabilities?
Warner Music Group (WMG) reported operating lease liabilities of $174.00M in Q1 2026.
How has Warner Music Group's operating lease liabilities changed year-over-year?
Warner Music Group's operating lease liabilities decreased by 19.4% year-over-year, from $216.00M to $174.00M.
What is the long-term trend for Warner Music Group's operating lease liabilities?
Over 5 years (2020 to 2025), Warner Music Group's operating lease liabilities has grown at a -7.7% compound annual growth rate (CAGR), from $299.00M to $200.00M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.