Operating
Pension Expense
Warner Music Group Pension Expense decreased by 36.8% to $12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $14M to $12M. Over 3 years (FY 2022 to FY 2025), Pension Expense shows an upward trend with a 11.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ2 2026May 7, 2026
How to read this metric
Changes reflect adjustments in actuarial assumptions or plan modifications rather than immediate cash flow changes.
Detailed definition
This captures the non-cash portion of pension and post-employment benefit costs, such as the amortization of actuarial g...
Peer comparison
Common for established companies with legacy benefit plans; peers with similar workforce demographics will have comparable expenses.
Metric ID:
pension_and_postretirement_expenseHistorical Data
19 periods
| Q3 '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 | $12M | $24M | $6M | $5M | $4M | $14M | $21M | $7M | $7M | $9M | $9M | $10M | $24M | $13M | $14M | $16M | $11M | $19M | $12M |
| QoQ Change | — | +100.0% | -75.0% | -16.7% | -20.0% | +250.0% | +50.0% | -66.7% | +0.0% | +28.6% | +0.0% | +11.1% | +140.0% | -45.8% | +7.7% | +14.3% | -31.3% | +72.7% | -36.8% |
| YoY Change | — | — | — | -58.3% | — | -41.7% | +250.0% | +40.0% | +75.0% | -35.7% | -57.1% | +42.9% | +242.9% | +44.4% | +55.6% | +60.0% | -54.2% | +46.2% | -14.3% |
Range$4M – $24M
CAGR+0.0%
Avg YoY Growth+39.7%
Median YoY Growth+42.9%
Pension Expense at Other Companies
Frequently Asked Questions
- What is Warner Music Group's pension expense?
- Warner Music Group (WMG) reported pension expense of $12M in Q1 2026.
- How has Warner Music Group's pension expense changed year-over-year?
- Warner Music Group's pension expense decreased by 14.3% year-over-year, from $14M to $12M.
- What is the long-term trend for Warner Music Group's pension expense?
- Over 3 years (2022 to 2025), Warner Music Group's pension expense has grown at a 11.5% compound annual growth rate (CAGR), from $39M to $54M.
- What does pension expense mean?
- The non-cash accounting cost associated with employee retirement benefits.