Alvotech (ALVO) Change in Inventory (2021 - 2025)

Alvotech (ALVO) reported Change in Inventory of -$4.3 million for Q4 2025, up 91.48% on a YoY basis from -$2.2 million in Q4 2024, and up 91.97% quarter-over-quarter from -$53.0 million in Q3 2025.

Alvotech (ALVO) Change in Inventory (2021 - 2025) Analysis & Trends

Alvotech has reported Change in Inventory for 5 years, with the latest figure at -$4.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Change in Inventory rose 91.48% year-over-year to -$4.3 million; the trailing twelve-month figure through Dec 2025 stood at -$90.1 million (up 7.11% YoY), and the FY2025 full-year result was -$90.1 million, down 80.36% from the prior year.
  • Change in Inventory for Q4 2025 stood at -$4.3 million, up from -$53.0 million in the prior quarter.
  • The five-year high for Change in Inventory was -$1.7 million in Q3 2021, with the low at -$53.0 million in Q3 2025.
  • Historically, Change in Inventory has averaged -$17.1 million across 5 years, with a median of -$11.9 million in 2023.
  • The largest YoY upside for Change in Inventory was 91.48% in 2025 against a maximum downside of 546.1% in 2025.
  • Alvotech's Change in Inventory stood at -$17.4 million in 2021, then tumbled by 86.08% to -$32.4 million in 2022, then soared by 65.12% to -$11.3 million in 2023, then slumped by 342.08% to -$50.0 million in 2024, then jumped by 91.48% to -$4.3 million in 2025.
  • The last three Change in Inventory figures came in at -$4.3 million (Q4 2025), -$53.0 million (Q3 2025), and -$18.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -93.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 114.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 40.10 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -4.30 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 6.43 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 20.30 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn -2.11 Mn
10 Alvotech 12.16 Mn -160.20 Mn -22.39 Mn -4.26 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.26 Mn
Dec 31, 2025 -4.26 Mn
Sep 30, 2025 -53.03 Mn
Sep 30, 2025 -53.03 Mn
Jun 30, 2025 -17.97 Mn
Jun 30, 2025 -17.97 Mn
Mar 31, 2025 -14.87 Mn
Mar 31, 2025 -14.87 Mn
Dec 31, 2024 -49.97 Mn
Dec 31, 2024 -49.97 Mn
Sep 30, 2024 -31.85 Mn
Sep 30, 2024 -31.85 Mn
Jun 30, 2024 -2.78 Mn
Jun 30, 2024 -2.78 Mn
Mar 31, 2024 -12.42 Mn
Mar 31, 2024 -12.42 Mn
Dec 31, 2023 -11.30 Mn
Dec 31, 2023 -11.30 Mn
Jun 30, 2023 -4.13 Mn
Jun 30, 2023 -4.13 Mn