Warner Music (WMG) Change in Inventory (2010 - 2026)

Warner Music (WMG) reported 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 16 years of Change in Inventory data on file, last reported at $7.0 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at $7.0 million, up 600.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.0 million (up 266.67% YoY), and the FY2025 annual result was $11.0 million, up 136.67% from the prior year.
  • Change in Inventory improved to $7.0 million in Q1 2026 per WMG's latest filing, from -$12.0 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $20.0 million in Q3 2022 and troughed at -$24.0 million in Q4 2023.
  • A 5-year average of $1.3 million and a median of $3.0 million in 2022 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2024 and 2026: Change in Inventory plunged 300.0% in 2024, then jumped 600.0% in 2026.
  • A 5-year view of Change in Inventory shows it stood at -$13.0 million in 2022, then sank by 84.62% to -$24.0 million in 2023, then surged by 58.33% to -$10.0 million in 2024, then decreased by 20.0% to -$12.0 million in 2025, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn -
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn -25.00 Mn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn -
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -13.35 Mn
9 News 15.92 Bn 14.45 Bn - -1.00 Mn
10 Warner Music 4.13 Bn 3.49 Bn 802.00 Mn 7.00 Mn

Historic Data

Download Data
DateValue
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