Vertex Pharmaceuticals (VRTX) Change in Inventory (2011 - 2026)
Vertex Pharmaceuticals (VRTX) reported Change in Inventory of $27.7 million for Q2 2026, down 81.4% from $148.6 million a year earlier and down 71.6% from the prior quarter.
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Analysis
Vertex Pharmaceuticals (VRTX) Change in Inventory (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vertex Pharmaceuticals' Change in Inventory came in at $333.9 million, down 48.3% year-over-year; for FY2025, it came in at $524.2 million, up 1.3% from FY2024.
- Change in Inventory has increased for four consecutive years, with a five-year compound annual growth rate of 31.8% (FY2020 to FY2025).
- By year, Change in Inventory came in at $517.3 million in FY2024 (+60.2%), $322.9 million in FY2023 (+136.7%), $136.4 million in FY2022 (+47.0%) and $92.8 million in FY2021 (-29.7%).
- The Q2 2026 figure ranks as the lowest quarterly Change in Inventory since Q3 2022.
- Year over year, Change in Inventory has now declined in each of the last four quarters, with growth averaging 18.3% over the last eight quarters.
- The high point for year-over-year Change in Inventory in five years was Q3 2023 (growth of 263.8%); the low point was Q2 2026 (a decline of 81.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $97.7 million (Q1 2026), $77.4 million (Q4 2025) and $131.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,221.09 Bn | 1,194.71 Bn | 20.46 Bn | - |
| 2 | Johnson & Johnson | 656.38 Bn | 576.24 Bn | 17.30 Bn | 150.00 Mn |
| 3 | AbbVie | 510.79 Bn | 478.80 Bn | 13.12 Bn | 148.00 Mn |
| 4 | Merck | 363.00 Bn | 317.38 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 313.89 Bn | 287.12 Bn | - | - |
| 6 | Astrazeneca | 290.02 Bn | 263.91 Bn | 13.26 Bn | - |
| 7 | Amgen | 249.59 Bn | 204.98 Bn | 7.24 Bn | 31.00 Mn |
| 8 | Gilead Sciences | 208.15 Bn | 183.26 Bn | 6.73 Bn | 252.00 Mn |
| 9 | Pfizer | 170.74 Bn | 118.10 Bn | 12.56 Bn | - |
| 10 | Vertex Pharmaceuticals | 137.20 Bn | 109.19 Bn | 2.91 Bn | 34.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.20 Mn |
| Jun 30, 2026 | 27.70 Mn |
| Mar 31, 2026 | 97.70 Mn |
| Dec 31, 2025 | 77.40 Mn |
| Sep 30, 2025 | 131.10 Mn |
| Jun 30, 2025 | 148.60 Mn |
| Mar 31, 2025 | 167.10 Mn |
| Dec 31, 2024 | 147.50 Mn |
| Sep 30, 2024 | 182.50 Mn |
| Jun 30, 2024 | 107.20 Mn |
| Mar 31, 2024 | 80.10 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Sep 30, 2023 | 97.50 Mn |
| Jun 30, 2023 | 72.80 Mn |
| Mar 31, 2023 | 82.60 Mn |
| Dec 31, 2022 | 78.30 Mn |
| Sep 30, 2022 | 26.80 Mn |
| Jun 30, 2022 | 33.30 Mn |
| Mar 31, 2022 | -2.00 Mn |
| Dec 31, 2021 | 27.00 Mn |
API Access
Vertex Pharmaceuticals 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=VRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "VRTX", "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=VRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();