In order to warp multiple layers as if they are one (such as multiple text layers), on the Layers panel, select the layers and choose Layer > Smart Object > Convert to Smart Object. Then, choose Edit > Transform > Warp and apply the warp to the Smart Object. To re-edit any of the individual layers, choose Layer > Smart Object > Edit Contents or simply double-click on the layer’s thumbnail in the Layers panel.

After converting to Smart Object, Edit>Transform are all greyed out. ;-(
Same issue here. All options greyed out. What you can do though and what does work, is to capture the warping as an action, and then run the action on the other layers…
Warping should work even if you don’t have any content inside smart object. Which version of photoshop you are using.
Same issue here but warping does work with the entire Layer(s). It only greys out when I select a particular space inside the smart object. I’m using Photoshop CS6 extended.