Current Assets

Raw materials

Amgen Raw materials increased by 14.5% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.6%, from $841.00M to $1.05B. Over 5 years (FY 2020 to FY 2025), Raw materials shows an upward trend with a 13.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026Apr 30, 2026
Parent metricInventories

How to read this metric

High levels may signal proactive supply chain hedging against shortages, while low levels could indicate lean inventory management or potential supply risks.

Detailed definition

The cost of basic components and supplies held for use in the manufacturing of finished products. This inventory serves...

Peer comparison

Standard across manufacturing sectors; levels vary based on supply chain strategy and lead times.

Metric ID: inv_raw_materials

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$641.00M$667.00M$647.00M$750.00M$779.00M$801.00M$828.00M$903.00M$855.00M$849.00M$993.00M$928.00M$884.00M$788.00M$818.00M$841.00M$885.00M$955.00M$915.00M$1.05B
QoQ Change+4.1%-3.0%+15.9%+3.9%+2.8%+3.4%+9.1%-5.3%-0.7%+17.0%-6.5%-4.7%-10.9%+3.8%+2.8%+5.2%+7.9%-4.2%+14.5%
YoY Change+21.5%+20.1%+28.0%+20.4%+9.8%+6.0%+19.9%+2.8%+3.4%-7.2%-17.6%-9.4%+0.1%+21.2%+11.9%+24.6%
% of Inventories15.6%16.1%15.8%17.0%17.1%16.8%16.8%18.0%17.2%16.9%10.4%10.6%11.1%10.7%11.7%12.5%13.4%15.0%14.7%16.9%
Share Change+0.5pp-0.2pp+1.2pp+0.1pp-0.3pp-0.0pp+1.2pp-0.8pp-0.3pp-6.5pp+0.2pp+0.4pp-0.4pp+1.0pp+0.8pp+0.9pp+1.6pp-0.4pp+2.2pp
Range$641.00M$1.05B
CAGR+10.9%
Avg YoY Growth+9.7%
Median YoY Growth+10.8%

Frequently Asked Questions

What is Amgen's raw materials?
Amgen (AMGN) reported raw materials of $1.05B in Q1 2026.
How has Amgen's raw materials changed year-over-year?
Amgen's raw materials increased by 24.6% year-over-year, from $841.00M to $1.05B.
What is the long-term trend for Amgen's raw materials?
Over 5 years (2020 to 2025), Amgen's raw materials has grown at a 13.5% compound annual growth rate (CAGR), from $486.00M to $915.00M.
What does raw materials mean?
The value of basic materials and supplies waiting to be used in production.