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

Warner Music (WMG) has reported Change in Inventory for 16 consecutive years, with $3.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Change in Inventory fell 66.67% year-over-year to $3.0 million in Q2 2026; TTM through Jun 2026 was $9.0 million, a 125.0% 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 was $3.0 million for Q2 2026 at Warner Music, down from $7.0 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 $1.4 million and a median of $3.0 million in 2022 frame the typical range for Change in Inventory.
• Across the five-year window, Change in Inventory sank 300.0% in 2024 and soared 600.0% in 2026, its largest moves.
• Over 5 years, Change in Inventory stood at -$13.0 million in 2022, then slumped by 84.62% to -$24.0 million in 2023, then jumped by 58.33% to -$10.0 million in 2024, then retreated by 20.0% to -$12.0 million in 2025, then jumped by 125.0% to $3.0 million in 2026.
• The last three Change in Inventory figures came in at $3.0 million (Q2 2026), $7.0 million (Q1 2026), and -$12.0 million (Q4 2025), per Business Quant data.