Warner Music (WMG) Change in Inventory (2010 - 2026)
Warner Music's (WMG) quarterly Change in Inventory came in at $7.0 million in Q1 2026, up 600.0% year-on-year from $1.0 million in Q1 2025, and up 158.33% on a QoQ basis from -$12.0 million in Q4 2025.
Warner Music (WMG) Change in Inventory (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 16 years of Change in Inventory data on file, last reported at $7.0 million in Q1 2026.
- On a quarterly basis, Change in Inventory rose 600.0% year-over-year to $7.0 million in Q1 2026; TTM through Mar 2026 was $15.0 million, a 266.67% increase from a year earlier, with the FY2025 full-year figure at $11.0 million, up 136.67% from the prior year.
- Change in Inventory for Q1 2026 stood at $7.0 million, up from -$12.0 million in the prior quarter.
- Over the last five years, Change in Inventory for WMG reached as high as $20.0 million in Q3 2022 and fell as low as -$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.
- Across the five-year window, Change in Inventory slumped 300.0% in 2024 and surged 600.0% in 2026, its largest moves.
- Year by year, Change in Inventory stood at -$13.0 million in 2022, then slumped by 84.62% to -$24.0 million in 2023, then surged by 58.33% to -$10.0 million in 2024, then declined by 20.0% to -$12.0 million in 2025, then jumped by 158.33% to $7.0 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $7.0 million in Q1 2026, -$12.0 million in Q4 2025, and $11.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 295.51 Bn | 286.39 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 170.79 Bn | 165.11 Bn | 10.75 Bn | -25.00 Mn |
| 3 | Warner Bros. Discovery | 63.06 Bn | 59.80 Bn | 4.25 Bn | - |
| 4 | Live Nation Entertainment | 41.67 Bn | 32.60 Bn | 1.31 Bn | - |
| 5 | Liberty Media | 30.19 Bn | 28.86 Bn | 298.00 Mn | - |
| 6 | Fox | 21.54 Bn | 17.94 Bn | - | - |
| 7 | TKO Group Holdings | 21.23 Bn | 19.51 Bn | 862.52 Mn | - |
| 8 | Roku | 21.08 Bn | 18.70 Bn | 564.94 Mn | -13.35 Mn |
| 9 | News | 17.12 Bn | 14.95 Bn | - | -1.00 Mn |
| 10 | Warner Music | 75.96 Mn | -665.04 Mn | 802.00 Mn | 7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -24.00 Mn |
| Dec 31, 2023 | -24.00 Mn |