Growth Metrics

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 🔒
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
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