Axogen (AXGN) Change in Inventory (2010 - 2026)
Axogen's Change in Inventory came in at $1.75 million for Q3 2026, down 54.0% from $3.81 million a year earlier but up 41.2% from the prior quarter.
Powered by 
Analysis
Axogen (AXGN) Change in Inventory (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Axogen reported Change in Inventory of $8.48 million, down 24.4% year-over-year; for FY2025, it came in at $9.19 million, down 9.6% from FY2024.
- Change in Inventory carries a five-year compound annual growth rate of 58.8% (FY2020 to FY2025).
- Going back by year, Change in Inventory was $10.16 million in FY2024 (+147.0%), $4.12 million in FY2023 (+118.1%), $1.89 million in FY2022 (-74.8%) and $7.48 million in FY2021 (+721.8%).
- The five-year range for quarterly Change in Inventory is -$1.92 million (Q4 2022) to $4.62 million (Q1 2024).
- Year-over-year, Change in Inventory increased in three of the last seven quarters, with growth averaging 45.4%.
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2025 (growth of 235.1%), and the weakest in Q3 2022 (a decline of 85.8%).
- Business Quant data shows AXGN's Change in Inventory at $1.24 million (Q2 2026), $3.7 million (Q1 2026) and $1.79 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | - |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 51.00 Mn |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 51.00 Mn |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 307.40 Mn |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 240.00 Mn |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 228.00 Mn |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 86.00 Mn |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 24.60 Mn |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | - |
| 10 | Axogen | 2.79 Bn | 2.19 Bn | 56.73 Mn | 1.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.75 Mn |
| Jun 30, 2026 | 1.24 Mn |
| Mar 31, 2026 | 3.70 Mn |
| Dec 31, 2025 | 1.79 Mn |
| Sep 30, 2025 | 3.81 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 2.32 Mn |
| Dec 31, 2024 | 3.82 Mn |
| Sep 30, 2024 | 1.35 Mn |
| Jun 30, 2024 | 379,000.00 |
| Mar 31, 2024 | 4.62 Mn |
| Dec 31, 2023 | 1,000.00 |
| Sep 30, 2023 | 730,000.00 |
| Jun 30, 2023 | 1.86 Mn |
| Mar 31, 2023 | 1.53 Mn |
| Dec 31, 2022 | -1.92 Mn |
| Sep 30, 2022 | 346,000.00 |
| Jun 30, 2022 | 2.29 Mn |
| Mar 31, 2022 | 1.17 Mn |
| Dec 31, 2021 | 1.70 Mn |
API Access
Axogen Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AXGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AXGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AXGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();