Operating

Change in Inventories

Vertex Pharmaceuticals Change in Inventories increased by 26.2% to $97.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.5%, from $167.10M to $97.70M. Over 4 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a 54.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.

Detailed definition

This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...

Peer comparison

Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.

Metric ID: change_in_inventories

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$24.70M$18.30M$27.00M-$2.00M$33.30M$26.80M$78.30M$82.60M$72.80M$97.50M$70.00M$80.10M$107.20M$182.50M$147.50M$167.10M$148.60M$131.10M$77.40M$97.70M
QoQ Change-25.9%+47.5%-107.4%>999%-19.5%+192.2%+5.5%-11.9%+33.9%-28.2%+14.4%+33.8%+70.2%-19.2%+13.3%-11.1%-11.8%-41.0%+26.2%
YoY Change+34.8%+46.4%+190.0%>999%+118.6%+263.8%-10.6%-3.0%+47.3%+87.2%+110.7%+108.6%+38.6%-28.2%-47.5%-41.5%
Range-$2.00M$182.50M
CAGR+33.6%
Avg YoY Growth+321.6%
Median YoY Growth+46.9%

Frequently Asked Questions

What is Vertex Pharmaceuticals's change in inventories?
Vertex Pharmaceuticals (VRTX) reported change in inventories of $97.70M in Q1 2026.
How has Vertex Pharmaceuticals's change in inventories changed year-over-year?
Vertex Pharmaceuticals's change in inventories decreased by 41.5% year-over-year, from $167.10M to $97.70M.
What is the long-term trend for Vertex Pharmaceuticals's change in inventories?
Over 4 years (2021 to 2025), Vertex Pharmaceuticals's change in inventories has grown at a 54.2% compound annual growth rate (CAGR), from $92.80M to $524.20M.
What does change in inventories mean?
The change in the value of products and materials held in stock.