Alvotech (ALVO) Other Working Capital Changes (2021 - 2026)

Alvotech (ALVO) posted Other Working Capital Changes of -$8.2 million for Q1 2026, down 245.43% on a QoQ basis from $5.6 million in Q4 2025, and down 120.16% year-over-year from $40.5 million in Q1 2025.

Alvotech (ALVO) Other Working Capital Changes (2021 - 2026) Analysis & Trends

Alvotech's Other Working Capital Changes history runs 6 years deep, the most recent figure standing at -$8.2 million for Q1 2026.

  • Quarterly Other Working Capital Changes fell 120.16% year-over-year to -$8.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.7 million (up 20.48% YoY) and the FY2025 annual result came in at -$4.2 million, up 40.44% from the prior year.
  • Other Working Capital Changes was -$8.2 million for Q1 2026 at Alvotech, down from $5.6 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $13.3 million in Q2 2023 and bottomed at -$22.8 million in Q2 2022.
  • A 5-year average of -$2.9 million and a median of -$3.0 million in 2024 frame the typical range for Other Working Capital Changes.
  • Annual changes were most pronounced in 2023 — Other Working Capital Changes soared 158.14% — and 2025, when it slumped 137745.06%.
  • Alvotech's Other Working Capital Changes stood at -$11.1 million in 2022, then grew by 25.82% to -$8.3 million in 2023, then slipped by 23.32% to -$10.2 million in 2024, then jumped by 155.01% to $5.6 million in 2025, then plunged by 245.43% to -$8.2 million in 2026.
  • Business Quant data shows ALVO's Other Working Capital Changes at -$8.2 million in Q1 2026, $5.6 million in Q4 2025, and -$10.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Haleon 87.22 Bn 85.35 Bn -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn
10 Alvotech 935.87 Mn 935.87 Mn 5.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.16 Mn
Mar 31, 2026 -8.16 Mn
Mar 31, 2026 -8.16 Mn
Dec 31, 2025 5.61 Mn
Dec 31, 2025 5.61 Mn
Dec 31, 2025 5.61 Mn
Sep 30, 2025 -10.56 Mn
Sep 30, 2025 -10.56 Mn
Sep 30, 2025 -10.56 Mn
Jun 30, 2025 4.41 Mn
Jun 30, 2025 4.41 Mn
Jun 30, 2025 4.41 Mn
Mar 31, 2025 -3.71 Mn
Mar 31, 2025 -3.71 Mn
Mar 31, 2025 -3.71 Mn
Dec 31, 2024 -10.20 Mn
Dec 31, 2024 -10.20 Mn
Dec 31, 2024 -10.20 Mn
Sep 30, 2024 7,669.00
Sep 30, 2024 7,669.00