Warner Music (WMG) Inventory Average (2011 - 2026)
Warner Music's (WMG) quarterly Inventory Average came in at $67.0 million in Q2 2026, down 29.1% year-over-year from $94.5 million in Q2 2025, and up 7.2% quarter-over-quarter from $62.5 million in Q1 2026.
Analysis
Warner Music (WMG) Inventory Average (2011 - 2026) Analysis & Trends
Warner Music (WMG) has reported Inventory Average for 16 consecutive years, with $67.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average fell 29.1% year-over-year to $67.0 million in Q2 2026; TTM through Jun 2026 was $67.0 million, a 29.1% decrease from a year earlier, with the FY2025 full-year figure at $80.5 million, down 28.44% from the prior year.
- Inventory Average was $67.0 million for Q2 2026 at Warner Music, up from $62.5 million in the prior quarter.
- Over five years, Inventory Average peaked at $121.0 million in Q3 2023 and troughed at $61.0 million in Q4 2025.
- A 5-year average of $93.5 million and a median of $94.5 million in 2024 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average advanced 22.99% in 2023 and sank 33.33% in 2025, its largest moves.
- Over 5 years, Inventory Average stood at $105.0 million in 2022, then increased by 10.48% to $116.0 million in 2023, then fell by 21.12% to $91.5 million in 2024, then plunged by 33.33% to $61.0 million in 2025, then rose by 9.84% to $67.0 million in 2026.
- The last three Inventory Average figures came in at $67.0 million (Q2 2026), $62.5 million (Q1 2026), and $61.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 15.06 Bn | 14.57 Bn | 854.00 Mn | 67.00 Mn |
| 2 | Reservoir Media | 642.17 Mn | 628.93 Mn | 26.69 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.00 Mn |
| Mar 31, 2026 | 62.50 Mn |
| Dec 31, 2025 | 61.00 Mn |
| Sep 30, 2025 | 81.50 Mn |
| Jun 30, 2025 | 94.50 Mn |
| Mar 31, 2025 | 86.00 Mn |
| Dec 31, 2024 | 91.50 Mn |
| Sep 30, 2024 | 95.50 Mn |
| Jun 30, 2024 | 94.50 Mn |
| Mar 31, 2024 | 101.50 Mn |
| Dec 31, 2023 | 116.00 Mn |
| Sep 30, 2023 | 121.00 Mn |
| Jun 30, 2023 | 115.00 Mn |
| Mar 31, 2023 | 108.00 Mn |
| Dec 31, 2022 | 105.00 Mn |
| Sep 30, 2022 | 100.50 Mn |
| Jun 30, 2022 | 93.50 Mn |
| Mar 31, 2022 | 89.00 Mn |
| Dec 31, 2021 | 91.50 Mn |
| Sep 30, 2021 | 89.00 Mn |