Biogen (BIIB) Change in Inventory (2009 - 2026)
Biogen (BIIB) posted Change in Inventory of -$75.7 million for Q2 2026, compared with $89.9 million a year earlier.
Powered by 
Analysis
Biogen (BIIB) Change in Inventory (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Inventory at Biogen was -$155.1 million; for FY2025, it was $64.7 million, down 76.4% from FY2024.
- Annual Change in Inventory shows a five-year compound annual growth rate of -27.2% (FY2020 to FY2025).
- In prior years, Biogen's Change in Inventory was $273.8 million in FY2024 (+109.2%), $130.9 million in FY2023 (-59.1%), $320.2 million in FY2022 (-30.8%) and $462.4 million in FY2021 (+46.2%).
- Quarterly Change in Inventory has run from a low of -$116.2 million in Q1 2026 to a high of $142.6 million in Q1 2022 over five years.
- The strongest year-over-year quarter for Change in Inventory in the past five years was Q4 2021, with growth of 205.9%; the weakest was Q3 2025, with a decline of 61.5%.
- According to Business Quant data, Change in Inventory for the three prior quarters was -$116.2 million (Q1 2026), $29.4 million (Q4 2025) and $7.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | - |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 150.00 Mn |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 143.00 Mn |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | - |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | - |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 31.00 Mn |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 145.00 Mn |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | - |
| 10 | Biogen | 37.51 Bn | 24.16 Bn | 1.96 Bn | -75.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -75.70 Mn |
| Mar 31, 2026 | -116.20 Mn |
| Dec 31, 2025 | 29.40 Mn |
| Sep 30, 2025 | 7.40 Mn |
| Jun 30, 2025 | 89.90 Mn |
| Mar 31, 2025 | -62.00 Mn |
| Dec 31, 2024 | 66.40 Mn |
| Sep 30, 2024 | 19.20 Mn |
| Jun 30, 2024 | 110.50 Mn |
| Mar 31, 2024 | 77.70 Mn |
| Dec 31, 2023 | 96.00 Mn |
| Sep 30, 2023 | -30.20 Mn |
| Jun 30, 2023 | 93.00 Mn |
| Mar 31, 2023 | -27.90 Mn |
| Dec 31, 2022 | -18.10 Mn |
| Sep 30, 2022 | 95.00 Mn |
| Jun 30, 2022 | 100.70 Mn |
| Mar 31, 2022 | 142.60 Mn |
| Dec 31, 2021 | 139.80 Mn |
| Sep 30, 2021 | 128.80 Mn |
API Access
Biogen 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=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "BIIB", "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=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();