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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |