Biogen (BIIB) Change in Inventory (2009 - 2026)

Biogen (BIIB) posted quarterly Change in Inventory of -$116.2 million for Q1 2026, down 87.42% year-over-year from -$923.6 million in Q1 2025, and down 495.24% on a QoQ basis from $29.4 million in Q4 2025.

Biogen (BIIB) Change in Inventory (2009 - 2026) Analysis & Trends

Biogen (BIIB) has reported Change in Inventory for 18 consecutive years, with -$116.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Inventory fell 87.42% year-over-year to -$116.2 million; the TTM figure through Mar 2026 stood at $10.5 million (down 92.17% YoY), while the FY2025 annual figure was $64.7 million, down 76.37% from the prior year.
  • Change in Inventory came in at -$116.2 million for Q1 2026 at Biogen, down from $29.4 million in the prior quarter.
  • The five-year high for Change in Inventory was $142.6 million in Q1 2022, with the low at -$116.2 million in Q1 2026.
  • Average Change in Inventory over 5 years is $39.6 million, with a median of $66.4 million recorded in 2024.
  • Across the five-year window, Change in Inventory jumped 630.39% in 2023 and slumped 179.79% in 2025, its largest moves.
  • Year by year, Change in Inventory stood at -$18.1 million in 2022, then surged by 630.39% to $96.0 million in 2023, then tumbled by 30.83% to $66.4 million in 2024, then slumped by 55.72% to $29.4 million in 2025, then tumbled by 495.24% to -$116.2 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$116.2 million, $29.4 million, and $7.4 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
DateValue
Mar 31, 2026 -116.20 Mn
Mar 31, 2026 -116.20 Mn
Dec 31, 2025 29.40 Mn
Dec 31, 2025 29.40 Mn
Sep 30, 2025 7.40 Mn
Sep 30, 2025 7.40 Mn
Jun 30, 2025 89.90 Mn
Jun 30, 2025 89.90 Mn
Mar 31, 2025 -62.00 Mn
Mar 31, 2025 -62.00 Mn
Dec 31, 2024 66.40 Mn
Dec 31, 2024 66.40 Mn
Sep 30, 2024 19.20 Mn
Sep 30, 2024 19.20 Mn
Jun 30, 2024 110.50 Mn
Jun 30, 2024 110.50 Mn
Mar 31, 2024 77.70 Mn
Mar 31, 2024 77.70 Mn
Dec 31, 2023 96.00 Mn
Dec 31, 2023 96.00 Mn