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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 $841M 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
First reportedQ4 2015
Last reportedQ1 2026Apr 30, 2026
Parent metricInventories
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$641M$667M$647M$750M$779M$801M$828M$903M$855M$849M$993M$928M$884M$788M$818M$841M$885M$955M$915M$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$641M$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 $841M 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 $486M to $915M.