Alvotech (ALVOW) Change in Inventory (2021 - 2025)
Alvotech (ALVOW) 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 (ALVOW) 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 | - | - | -22.39 Mn | -4.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |