Warner Music Group Recorded Music — Amortization expense increased by 8.8% to $37.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $33.00M to $37.00M. Over 3 years (FY 2021 to FY 2024), Recorded Music — Amortization expense shows a downward trend with a -5.4% CAGR.
Stable amortization is expected for established catalogs, while sudden spikes may indicate changes in the valuation or useful life estimates of assets.
The systematic allocation of the cost of intangible assets, such as artist contracts and music catalogs, over their esti...
Standard accounting practice for companies with significant intellectual property portfolios.
wmg_segment_recorded_music_amortization_expense| 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 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.00M | $40.00M | $40.00M | $47.00M | $46.00M | $43.00M | $41.00M | $39.00M | $41.00M | $34.00M | $31.75M | $31.75M | $31.75M | $31.75M | $30.00M | $33.00M | $34.00M | $37.00M |
| QoQ Change | — | +2.6% | +0.0% | +17.5% | -2.1% | -6.5% | -4.7% | -4.9% | +5.1% | -17.1% | -6.6% | +0.0% | +0.0% | +0.0% | -5.5% | +10.0% | +3.0% | +8.8% |
| YoY Change | — | — | — | — | +17.9% | +7.5% | +2.5% | -17.0% | -10.9% | -20.9% | -22.6% | -18.6% | -22.6% | -6.6% | -5.5% | +3.9% | +13.3% | +12.1% |