Amgen Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	36,751	33,424	28,190	26,323	25,979
Revenue Growth (YoY)	9.95%	18.57%	7.09%	1.32%	2.18%
Cost of Revenue	12,037	12,858	8,451	6,406	6,454
Gross Profit	24,714	20,566	19,739	19,917	19,525
Selling, General & Admin	7,050	7,096	6,179	5,414	5,368
Research & Development	7,272	5,964	4,784	4,434	6,324
Other Operating Expenses	1,312	248	879	503	194
Operating Income	9,080	7,258	7,897	9,566	7,639
Interest Expense	-2,755	-3,155	-2,875	-1,406	-1,197
Other Non-Operating Income (Expense)	2,651	506	2,833	-814	259
Total Non-Operating Income (Expense)	-104	-2,649	-42	-2,220	-938
Pretax Income	8,976	4,609	7,855	7,346	6,701
Provision for Income Taxes	1,265	519	1,138	794	808
Net Income	7,711	4,090	6,717	6,552	5,893
Net Income to Common	7,711	4,090	6,717	6,552	5,893
Net Income Growth	88.53%	-39.11%	2.52%	11.18%	-18.87%
Shares Outstanding (Basic)	538	537	535	538	570
Shares Outstanding (Diluted)	542	541	538	541	573
Shares Change (YoY)	0.18%	0.56%	-0.56%	-5.58%	-2.88%
EPS (Basic)	14.33	7.62	12.56	12.18	10.34
EPS (Diluted)	14.23	7.56	12.49	12.11	10.28
EPS Growth	88.23%	-39.47%	3.14%	17.80%	-16.49%
Free Cash Flow	8,100	10,394	7,359	8,785	8,381
Free Cash Flow Growth	-22.07%	41.24%	-16.23%	4.82%	-15.25%
Free Cash Flow Per Share	14.94	19.21	13.68	16.24	14.63
Dividends Per Share	9.520	9.000	8.520	7.760	7.040
Dividend Growth	5.78%	5.63%	9.79%	10.23%	10.00%
Gross Margin	67.25%	61.53%	70.02%	75.66%	75.16%
Operating Margin	24.71%	21.71%	28.01%	36.34%	29.40%
Profit Margin	20.98%	12.24%	23.83%	24.89%	22.68%
FCF Margin	22.04%	31.10%	26.11%	33.37%	32.26%
EBITDA	14,247	12,850	11,968	12,983	11,037
EBITDA Margin	38.77%	38.45%	42.45%	49.32%	42.48%
EBIT	9,080	7,258	7,897	9,566	7,639
EBIT Margin	24.71%	21.71%	28.01%	36.34%	29.40%
Effective Tax Rate	14.09%	11.26%	14.49%	10.81%	12.06%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.