Takeda Pharmaceutical (TAK) Change in Inventory (2018 - 2026)

Takeda Pharmaceutical's (TAK) quarterly Change in Inventory came in at $119.2 million in Q1 2026, up 464.42% year-on-year from $21.1 million in Q1 2025, and up 148.34% quarter-over-quarter from -$246.7 million in Q4 2025.

Takeda Pharmaceutical (TAK) Change in Inventory (2018 - 2026) Analysis & Trends

Takeda Pharmaceutical's Change in Inventory history runs 9 years deep, the most recent figure standing at $119.2 million for Q1 2026.

  • On a quarterly basis, Change in Inventory rose 464.42% year-over-year to $119.2 million in Q1 2026; TTM through Mar 2026 was -$414.3 million, a 77.38% decrease from a year earlier, with the FY2026 full-year figure at -$407.2 million, down 77.35% from the prior year.
  • Change in Inventory rose to $119.2 million in Q1 2026 per TAK's latest filing, from -$246.7 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $139.7 million in Q4 2024 and bottomed at -$342.0 million in Q4 2023.
  • The 5-year median for Change in Inventory is -$90.3 million (2025), against an average of -$123.7 million.
  • Across the five-year window, Change in Inventory slumped 608.63% in 2023 and surged 464.42% in 2026, its largest moves.
  • Year by year, Change in Inventory stood at -$130.7 million in 2022, then plunged by 161.71% to -$342.0 million in 2023, then jumped by 140.85% to $139.7 million in 2024, then sank by 276.58% to -$246.7 million in 2025, then jumped by 148.34% to $119.2 million in 2026.
  • Per Business Quant, the three latest TAK Change in Inventory figures stand at $119.2 million (Q1 2026), -$246.7 million (Q4 2025), and -$196.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -93.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 114.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 119.24 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 40.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 123.00 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -4.30 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn 2.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 119.24 Mn
Mar 31, 2026 119.24 Mn
Dec 31, 2025 -246.67 Mn
Dec 31, 2025 -246.67 Mn
Sep 30, 2025 -196.56 Mn
Sep 30, 2025 -196.56 Mn
Jun 30, 2025 -90.32 Mn
Jun 30, 2025 -90.32 Mn
Mar 31, 2025 -32.72 Mn
Mar 31, 2025 -32.72 Mn
Dec 31, 2024 139.69 Mn
Dec 31, 2024 139.69 Mn
Sep 30, 2024 -275.80 Mn
Sep 30, 2024 -275.80 Mn
Jun 30, 2024 -64.75 Mn
Jun 30, 2024 -64.75 Mn
Mar 31, 2024 86.01 Mn
Mar 31, 2024 86.01 Mn
Dec 31, 2023 -342.00 Mn
Dec 31, 2023 -342.00 Mn