Amgen AMGN
NASDAQ AMGN
$382.47 -8.80 (-2.25%)
At close: Sep 10, 2026 · 4:00 PM EDT

Amgen (AMGN) Change in Inventory (2009 - 2026)

Amgen (AMGN) posted Change in Inventory of $31.0 million for Q2 2026, up 272.22% on a QoQ basis from -$18.0 million in Q1 2026, and up 112.97% year-over-year from $14.6 million in Q2 2025.

Analysis

Amgen (AMGN) Change in Inventory (2009 - 2026) Analysis & Trends

Amgen has reported Change in Inventory for 18 years, with the latest figure at $31.0 million in Q2 2026.

  • On a quarterly basis, Change in Inventory rose 112.97% year-over-year to $31.0 million in Q2 2026; TTM through Jun 2026 was -$346.0 million, a 77.4% increase from a year earlier, with the FY2025 full-year figure at -$886.0 million, up 65.01% from the prior year.
  • Change in Inventory was $31.0 million for Q2 2026 at Amgen, up from -$18.0 million in the prior quarter.
  • The five-year high for Change in Inventory was $241.0 million in Q3 2022, with the low at -$806.0 million in Q1 2024.
  • Average Change in Inventory over 5 years is -$175.2 million, with a median of -$74.5 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Change in Inventory soared 402.08% in 2022, then sank 2306.67% in 2024.
  • Over 5 years, Change in Inventory stood at $91.0 million in 2022, then sank by 729.67% to -$573.0 million in 2023, then jumped by 43.63% to -$323.0 million in 2024, then surged by 63.16% to -$119.0 million in 2025, then jumped by 126.05% to $31.0 million in 2026.
  • The last three Change in Inventory figures came in at $31.0 million (Q2 2026), -$18.0 million (Q1 2026), and -$119.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 31.00 Mn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 145.00 Mn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 27.70 Mn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 28.20 Mn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 132.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn -280,000.00
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn -75.70 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn -
10 Insmed 27.67 Bn 26.51 Bn 358.27 Mn 12.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 31.00 Mn
Mar 31, 2026 -18.00 Mn
Dec 31, 2025 -119.00 Mn
Sep 30, 2025 -240.00 Mn
Jun 30, 2025 -239.00 Mn
Mar 31, 2025 -288.00 Mn
Dec 31, 2024 -323.00 Mn
Sep 30, 2024 -681.00 Mn
Jun 30, 2024 -722.00 Mn
Mar 31, 2024 -806.00 Mn
Dec 31, 2023 -573.00 Mn
Sep 30, 2023 54.00 Mn
Jun 30, 2023 -30.00 Mn
Mar 31, 2023 58.00 Mn
Dec 31, 2022 91.00 Mn
Sep 30, 2022 241.00 Mn
Jun 30, 2022 180.00 Mn
Mar 31, 2022 230.00 Mn
Dec 31, 2021 -50.00 Mn
Sep 30, 2021 48.00 Mn