Amgen (AMGN) Change in Inventory (2009 - 2026)
Amgen (AMGN) posted quarterly Change in Inventory of -$18.0 million for Q1 2026, up 93.75% year-over-year from -$9.3 million in Q1 2025, and up 84.87% on a QoQ basis from -$119.0 million in Q4 2025.
Amgen (AMGN) Change in Inventory (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported Change in Inventory for 18 consecutive years, with -$18.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory rose 93.75% year-over-year to -$18.0 million; the TTM figure through Mar 2026 stood at -$616.0 million (up 69.41% YoY), while the FY2025 annual figure was -$886.0 million, up 65.01% from the prior year.
- Change in Inventory came in at -$18.0 million for Q1 2026 at Amgen, up from -$119.0 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 -$187.4 million, with a median of -$119.0 million recorded in 2025.
- Across the five-year window, Change in Inventory surged 402.08% in 2022 and tumbled 2306.67% in 2024, its largest moves.
- Year by year, Change in Inventory stood at $91.0 million in 2022, then tumbled by 729.67% to -$573.0 million in 2023, then soared by 43.63% to -$323.0 million in 2024, then jumped by 63.16% to -$119.0 million in 2025, then soared by 84.87% to -$18.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$18.0 million, -$119.0 million, and -$240.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | - |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 431.00 Mn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 184.00 Mn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | - |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | - |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | -18.00 Mn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 52.00 Mn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | - |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | -116.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.00 Mn |
| Mar 31, 2026 | -18.00 Mn |
| Dec 31, 2025 | -119.00 Mn |
| Dec 31, 2025 | -119.00 Mn |
| Sep 30, 2025 | -240.00 Mn |
| Sep 30, 2025 | -240.00 Mn |
| Jun 30, 2025 | -239.00 Mn |
| Jun 30, 2025 | -239.00 Mn |
| Mar 31, 2025 | -288.00 Mn |
| Mar 31, 2025 | -288.00 Mn |
| Dec 31, 2024 | -323.00 Mn |
| Dec 31, 2024 | -323.00 Mn |
| Sep 30, 2024 | -681.00 Mn |
| Sep 30, 2024 | -681.00 Mn |
| Jun 30, 2024 | -722.00 Mn |
| Jun 30, 2024 | -722.00 Mn |
| Mar 31, 2024 | -806.00 Mn |
| Mar 31, 2024 | -806.00 Mn |
| Dec 31, 2023 | -573.00 Mn |
| Dec 31, 2023 | -573.00 Mn |