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% on a QoQ basis from -$12.0 million in Q4 2025.
Warner Music (WMG) has 16 years of Change in Inventory data on file, last reported at $7.0 million in Q1 2026.
- Quarterly Change in Inventory rose 600.0% year-over-year to $7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.0 million (up 266.67% YoY) and the FY2025 annual result came in at $11.0 million, up 136.67% from the prior year.
- Change in Inventory rose 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.
- The 5-year median for Change in Inventory is $3.0 million (2022), against an average of $1.3 million.
- The widest annual swing landed in 2024, when Change in Inventory slumped 300.0%; it then surged 600.0% in 2026.
- Tracing WMG's Change in Inventory over 5 years: stood at -$13.0 million in 2022, then tumbled by 84.62% to -$24.0 million in 2023, then soared by 58.33% to -$10.0 million in 2024, then fell by 20.0% to -$12.0 million in 2025, then surged by 158.33% to $7.0 million in 2026.
- Per Business Quant, the three latest WMG Change in Inventory figures stand at $7.0 million (Q1 2026), -$12.0 million (Q4 2025), and $11.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | - |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | -25.00 Mn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | - |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | - |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | - |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | - |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | -13.35 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | -1.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | - |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 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 |
| Sep 30, 2023 | 12.00 Mn |
| Sep 30, 2023 | 12.00 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | -13.00 Mn |
| Dec 31, 2022 | -13.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Dec 31, 2021 | -12.00 Mn |
| Dec 31, 2021 | -12.00 Mn |
| Sep 30, 2021 | 21.00 Mn |
| Sep 30, 2021 | 21.00 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Mar 31, 2021 | 10.00 Mn |
| Mar 31, 2021 | 10.00 Mn |
| Dec 31, 2020 | -11.00 Mn |
| Dec 31, 2020 | -11.00 Mn |
| Sep 30, 2020 | 18.00 Mn |
| Sep 30, 2020 | 18.00 Mn |
| Jun 30, 2020 | -7.00 Mn |
| Jun 30, 2020 | -7.00 Mn |
| Mar 31, 2020 | 1.00 Mn |
| Mar 31, 2020 | 1.00 Mn |
| Dec 31, 2019 | -10.00 Mn |
| Dec 31, 2019 | -10.00 Mn |
| Sep 30, 2019 | 9.00 Mn |
| Sep 30, 2019 | 9.00 Mn |
| Jun 30, 2019 | 1.00 Mn |
| Jun 30, 2019 | 1.00 Mn |
| Dec 31, 2018 | -13.00 Mn |
| Dec 31, 2018 | -13.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 2.00 Mn |
| Mar 31, 2018 | 1.00 Mn |
| Mar 31, 2018 | 1.00 Mn |
| Dec 31, 2017 | -2.00 Mn |
| Dec 31, 2017 | -2.00 Mn |
| Sep 30, 2017 | 1.00 Mn |
| Sep 30, 2017 | 1.00 Mn |
| Jun 30, 2017 | 1.00 Mn |
| Jun 30, 2017 | 1.00 Mn |
| Dec 31, 2016 | -3.00 Mn |
| Dec 31, 2016 | -3.00 Mn |
| Jun 30, 2016 | -4.00 Mn |
| Jun 30, 2016 | -4.00 Mn |
| Dec 31, 2015 | 1.00 Mn |
| Dec 31, 2015 | 1.00 Mn |
| Sep 30, 2015 | 3.00 Mn |
| Sep 30, 2015 | 3.00 Mn |
| Jun 30, 2015 | 2.00 Mn |
| Jun 30, 2015 | 2.00 Mn |
| Dec 31, 2014 | 1.00 Mn |
| Dec 31, 2014 | 1.00 Mn |
| Sep 30, 2014 | 3.00 Mn |
| Sep 30, 2014 | 3.00 Mn |
| Jun 30, 2014 | 2.00 Mn |
| Jun 30, 2014 | 2.00 Mn |
| Mar 31, 2014 | 1.00 Mn |
| Mar 31, 2014 | 1.00 Mn |
| Dec 31, 2013 | 1.00 Mn |
| Dec 31, 2013 | 1.00 Mn |
| Sep 30, 2013 | 7.00 Mn |
| Sep 30, 2013 | 7.00 Mn |
| Mar 31, 2013 | -1.00 Mn |
| Mar 31, 2013 | -1.00 Mn |
| Dec 31, 2012 | -1.00 Mn |
| Dec 31, 2012 | -1.00 Mn |
| Sep 30, 2012 | -1.00 Mn |
| Sep 30, 2012 | -1.00 Mn |
| Mar 31, 2012 | 1.00 Mn |
| Mar 31, 2012 | 1.00 Mn |
| Dec 31, 2010 | -3.00 Mn |
| Dec 31, 2010 | -3.00 Mn |
| Sep 30, 2010 | -1.00 Mn |
| Sep 30, 2010 | -1.00 Mn |