Warner Music Group SG&A increased by 0.4% to $460.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $450.00M to $460.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 2.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026May 7, 2026
How to read this metric
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Detailed definition
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Peer comparison
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
Metric ID:
selling_general_and_administrativeHistorical Data
20 periods
| Q3 '21 | Q4 '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 | $437.00M | $465.00M | $497.00M | $444.00M | $451.00M | $470.00M | $440.00M | $452.00M | $461.00M | $473.00M | $476.00M | $446.00M | $462.00M | $495.00M | $474.00M | $450.00M | $471.00M | $494.00M | $458.00M | $460.00M |
| QoQ Change | — | +6.4% | +6.9% | -10.7% | +1.6% | +4.2% | -6.4% | +2.7% | +2.0% | +2.6% | +0.6% | -6.3% | +3.6% | +7.1% | -4.2% | -5.1% | +4.7% | +4.9% | -7.3% | +0.4% |
| YoY Change | — | — | — | — | +3.2% | +1.1% | -11.5% | +1.8% | +2.2% | +0.6% | +8.2% | -1.3% | +0.2% | +4.7% | -0.4% | +0.9% | +1.9% | -0.2% | -3.4% | +2.2% |
Range$437.00M – $497.00M
CAGR+1.1%
Avg YoY Growth+0.6%
Median YoY Growth+1.0%
SG&A at Other Companies
Frequently Asked Questions
- What is Warner Music Group's sg&a?
- Warner Music Group (WMG) reported sg&a of $460.00M in Q1 2026.
- How has Warner Music Group's sg&a changed year-over-year?
- Warner Music Group's sg&a increased by 2.2% year-over-year, from $450.00M to $460.00M.
- What is the long-term trend for Warner Music Group's sg&a?
- Over 4 years (2021 to 2025), Warner Music Group's sg&a has grown at a 2.4% compound annual growth rate (CAGR), from $1.72B to $1.89B.
- What does sg&a mean?
- The overhead costs of running the business, including sales, marketing, and general corporate expenses.