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
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