Viatris (VTRS) Change in Inventory (2020 - 2026)

Viatris' (VTRS) quarterly Change in Inventory came in at $123.0 million in Q1 2026, down 36.5% year-on-year from $193.7 million in Q1 2025, and up 878.48% quarter-over-quarter from -$15.8 million in Q4 2025.

Viatris (VTRS) Change in Inventory (2020 - 2026) Analysis & Trends

Viatris' Change in Inventory history runs 7 years deep, the most recent figure standing at $123.0 million for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 36.5% year-over-year to $123.0 million in Q1 2026; TTM through Mar 2026 was $35.7 million, a 93.47% decrease from a year earlier, with the FY2025 full-year figure at $106.4 million, down 85.29% from the prior year.
  • Change in Inventory climbed to $123.0 million in Q1 2026 per VTRS's latest filing, from -$15.8 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $370.4 million in Q1 2024 and bottomed at -$180.1 million in Q4 2022.
  • The 5-year median for Change in Inventory is $127.6 million (2023), against an average of $107.4 million.
  • Biggest YoY gain for Change in Inventory was 1578.22% in 2022; the steepest drop was 335.42% in 2022.
  • Year by year, Change in Inventory stood at -$180.1 million in 2022, then jumped by 170.85% to $127.6 million in 2023, then slumped by 72.1% to $35.6 million in 2024, then tumbled by 144.38% to -$15.8 million in 2025, then jumped by 878.48% to $123.0 million in 2026.
  • Per Business Quant, the three latest VTRS Change in Inventory figures stand at $123.0 million (Q1 2026), -$15.8 million (Q4 2025), and -$110.5 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 123.00 Mn
Mar 31, 2026 123.00 Mn
Dec 31, 2025 -15.80 Mn
Dec 31, 2025 -15.80 Mn
Sep 30, 2025 -110.50 Mn
Sep 30, 2025 -110.50 Mn
Jun 30, 2025 39.00 Mn
Jun 30, 2025 39.00 Mn
Mar 31, 2025 193.70 Mn
Mar 31, 2025 193.70 Mn
Dec 31, 2024 35.60 Mn
Dec 31, 2024 35.60 Mn
Sep 30, 2024 129.00 Mn
Sep 30, 2024 129.00 Mn
Jun 30, 2024 188.40 Mn
Jun 30, 2024 188.40 Mn
Mar 31, 2024 370.40 Mn
Mar 31, 2024 370.40 Mn
Dec 31, 2023 127.60 Mn
Dec 31, 2023 127.60 Mn