v3.26.1
Inventories
12 Months Ended
Dec. 31, 2025
Classes of current inventories [abstract]  
Inventories 7. Inventories
As of December 31,
(in thousands of $)
 
 
 
 
2025
 
 
 
 
2024
2023
Raw materials and consumables
$
335,540
 
$
337,832
$
240,836
Inventories in process
55,535
26,357
47,074
Finished goods
82,455
43,044
22,640
Total inventories
 
$
473,530
 
$
407,233
$
310,550
The cost of inventories, which is recognized under “Cost of sales” in the consolidated statements of profit or loss and the
consolidated statements of other comprehensive income or loss, amounted to $243 million for the year ended
December 31, 2025 (compared to $168 million for the year ended December 31, 2024 and $101 million for the year
ended December 31, 2023).
The Company has pre-launch inventory awaiting regulatory approval amounting to $37 million as of the year ended
December 31, 2025 compared to $5 million as of December 31, 2024 and $101 million as of December 31, 2023.