Intangible Purchases
Warner Music Group Intangible Purchases increased by 1323.3% to $427M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 440.5%, from $79M to $427M. Over 3 years (FY 2022 to FY 2025), Intangible Purchases shows relatively stable performance with a 0.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Higher spending indicates aggressive investment in long-term growth assets, while lower spending may suggest a focus on cash preservation.
Detailed definition
Represents cash outflows for the acquisition of non-physical assets such as intellectual property, music catalogs, softw...
Peer comparison
Varies significantly based on whether the company is in an asset-heavy growth phase or a mature maintenance phase.
purchases_of_intangiblesHistorical Data
| 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 | $132M | $165M | $4M | $9M | $13M | $33M | $9M | $11M | $61M | $59M | $23M | $41M | $64M | $41M | $79M | $32M | $43M | $30M | $427M |
| QoQ Change | — | +25.0% | -97.6% | +125.0% | +44.4% | +153.8% | -72.7% | +22.2% | +454.5% | -3.3% | -61.0% | +78.3% | +56.1% | -35.9% | +92.7% | -59.5% | +34.4% | -30.2% | >999% |
| YoY Change | — | — | — | -93.2% | — | -80.0% | +125.0% | +22.2% | +369.2% | +78.8% | +155.6% | +272.7% | +4.9% | -30.5% | +243.5% | -22.0% | -32.8% | -26.8% | +440.5% |
Intangible Purchases at Other Companies
Frequently Asked Questions
- What is Warner Music Group's intangible purchases?
- Warner Music Group (WMG) reported intangible purchases of $427M in Q1 2026.
- How has Warner Music Group's intangible purchases changed year-over-year?
- Warner Music Group's intangible purchases increased by 440.5% year-over-year, from $79M to $427M.
- What is the long-term trend for Warner Music Group's intangible purchases?
- Over 3 years (2022 to 2025), Warner Music Group's intangible purchases has grown at a 0.7% compound annual growth rate (CAGR), from $191M to $195M.
- What does intangible purchases mean?
- Cash spent to acquire non-physical assets like software or intellectual property rights.