Warner Music (WMG) Change in Inventory (2010 - 2026)
Warner Music (WMG) posted quarterly Change in Inventory of $7.0 million for Q1 2026, up 600.0% year-over-year from $1.0 million in Q1 2025, and up 158.33% quarter-over-quarter from -$12.0 million in Q4 2025.
Warner Music (WMG) Change in Inventory (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Change in Inventory for 16 consecutive years, with $7.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory rose 600.0% year-over-year to $7.0 million; the TTM figure through Mar 2026 stood at $15.0 million (up 266.67% YoY), while the FY2025 annual figure was $11.0 million, up 136.67% from the prior year.
- Change in Inventory advanced to $7.0 million in Q1 2026 per WMG's latest filing, from -$12.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $20.0 million in Q3 2022 and bottomed at -$24.0 million in Q4 2023.
- Historically, Change in Inventory has averaged $1.3 million across 5 years, with a median of $3.0 million in 2022.
- Annual changes were most pronounced in 2024 — Change in Inventory plunged 300.0% — and 2026, when it jumped 600.0%.
- Warner Music's Change in Inventory stood at -$13.0 million in 2022, then slumped by 84.62% to -$24.0 million in 2023, then soared by 58.33% to -$10.0 million in 2024, then slipped by 20.0% to -$12.0 million in 2025, then surged by 158.33% to $7.0 million in 2026.
- Business Quant data shows WMG's Change in Inventory at $7.0 million in Q1 2026, -$12.0 million in Q4 2025, and $11.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 2.00 Mn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | - |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | - |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | - |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 15.14 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -1.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | - |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | 3.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Mn |
| Jun 30, 2026 | 3.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | -12.00 Mn |
| Dec 31, 2025 | -12.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Dec 31, 2024 | -10.00 Mn |
| Dec 31, 2024 | -10.00 Mn |
| Sep 30, 2024 | 4.00 Mn |
| Sep 30, 2024 | 4.00 Mn |
| Jun 30, 2024 | -4.00 Mn |
| Jun 30, 2024 | -4.00 Mn |
| Mar 31, 2024 | -6.00 Mn |
| Mar 31, 2024 | -6.00 Mn |