Amgen (AMGN) Inventory Average (2009 - 2026)
Amgen (AMGN) posted Inventory Average of $6.2 billion for Q2 2026, little changed on a QoQ basis from $6.2 billion in Q1 2026, and down 6.81% year-over-year from $6.7 billion in Q2 2025.
Analysis
Amgen (AMGN) Inventory Average (2009 - 2026) Analysis & Trends
Amgen has reported Inventory Average for 17 years, with the latest figure at $6.2 billion in Q2 2026.
- On a quarterly basis, Inventory Average fell 6.81% year-over-year to $6.2 billion in Q2 2026; TTM through Jun 2026 was $6.2 billion, a 6.81% decrease from a year earlier, with the FY2025 full-year figure at $6.6 billion, down 19.94% from the prior year.
- Inventory Average was $6.2 billion for Q2 2026 at Amgen, roughly flat from $6.2 billion in the prior quarter.
- The five-year high for Inventory Average was $9.1 billion in Q1 2024, with the low at $4.2 billion in Q1 2022.
- Average Inventory Average over 5 years is $6.2 billion, with a median of $6.2 billion recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Inventory Average surged 83.5% in 2024, then retreated 24.75% in 2025.
- Over 5 years, Inventory Average stood at $4.8 billion in 2022, then surged by 50.14% to $7.3 billion in 2023, then declined by 1.27% to $7.2 billion in 2024, then retreated by 12.46% to $6.3 billion in 2025, then fell by 1.31% to $6.2 billion in 2026.
- The last three Inventory Average figures came in at $6.2 billion (Q2 2026), $6.2 billion (Q1 2026), and $6.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 6.20 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 1.93 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 1.77 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 3.09 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 213.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 90.57 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 2.17 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | - |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | 137.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.20 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.29 Bn |
| Sep 30, 2025 | 6.46 Bn |
| Jun 30, 2025 | 6.66 Bn |
| Mar 31, 2025 | 6.86 Bn |
| Dec 31, 2024 | 7.18 Bn |
| Sep 30, 2024 | 7.68 Bn |
| Jun 30, 2024 | 8.36 Bn |
| Mar 31, 2024 | 9.12 Bn |
| Dec 31, 2023 | 7.27 Bn |
| Sep 30, 2023 | 5.00 Bn |
| Jun 30, 2023 | 4.99 Bn |
| Mar 31, 2023 | 4.97 Bn |
| Dec 31, 2022 | 4.84 Bn |
| Sep 30, 2022 | 4.66 Bn |
| Jun 30, 2022 | 4.48 Bn |
| Mar 31, 2022 | 4.25 Bn |
| Dec 31, 2021 | 4.12 Bn |
| Sep 30, 2021 | 4.13 Bn |