Amgen Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	34,497	32,026	26,910	24,801	24,297	24,240	Upgrade
Other Revenue	1,474	1,398	1,280	1,522	1,682	1,184	Upgrade
Revenue	35,971	33,424	28,190	26,323	25,979	25,424	Upgrade
Revenue Growth (YoY)	10.56%	18.57%	7.09%	1.32%	2.18%	8.83%	Upgrade
Cost of Revenue	10,773	10,458	7,795	6,376	6,454	6,159	Upgrade
Gross Profit	25,198	22,966	20,395	19,947	19,525	19,265	Upgrade
Selling, General & Admin	6,976	7,096	5,692	5,414	5,368	5,730	Upgrade
Research & Development	6,854	5,964	4,784	4,434	4,819	4,207	Upgrade
Other Operating Expenses	208	230	261	1	187	-	Upgrade
Operating Expenses	14,038	13,290	10,737	9,849	10,374	9,937	Upgrade
Operating Income	11,160	9,676	9,658	10,098	9,151	9,328	Upgrade
Interest Expense	-3,359	-3,665	-4,075	-1,533	-1,208	-998	Upgrade
Interest & Investment Income	510	510	1,200	127	11	-	Upgrade
Currency Exchange Gain (Loss)	54	-75	42	-233	-245	323	Upgrade
Other Non Operating Income (Expenses)	261	512	1,128	-180	978	-26	Upgrade
EBT Excluding Unusual Items	8,626	6,958	7,953	8,279	8,687	8,627	Upgrade
Merger & Restructuring Charges	-1,400	-2,400	-1,143	-30	-	-	Upgrade
Gain (Loss) on Sale of Investments	1,843	-146	1,438	-479	-474	-305	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-567	-	-	Upgrade
Asset Writedown	-1,071	-	-783	-	-	-	Upgrade
Legal Settlements	-	-	-	-	-	-189	Upgrade
Other Unusual Items	246	197	390	143	-7	-	Upgrade
Pretax Income	8,244	4,609	7,855	7,346	6,701	8,133	Upgrade
Income Tax Expense	1,239	519	1,138	794	808	869	Upgrade
Net Income	7,005	4,090	6,717	6,552	5,893	7,264	Upgrade
Net Income to Common	7,005	4,090	6,717	6,552	5,893	7,264	Upgrade
Net Income Growth	65.60%	-39.11%	2.52%	11.18%	-18.87%	-7.37%	Upgrade
Shares Outstanding (Basic)	538	537	535	538	570	586	Upgrade
Shares Outstanding (Diluted)	542	541	538	541	573	590	Upgrade
Shares Change (YoY)	0.28%	0.56%	-0.56%	-5.58%	-2.88%	-3.12%	Upgrade
EPS (Basic)	13.03	7.62	12.56	12.18	10.34	12.40	Upgrade
EPS (Diluted)	12.93	7.56	12.49	12.11	10.28	12.31	Upgrade
EPS Growth	65.12%	-39.47%	3.14%	17.80%	-16.49%	-4.42%	Upgrade
Free Cash Flow	11,539	10,394	7,359	8,785	8,381	9,889	Upgrade
Free Cash Flow Per Share	21.30	19.21	13.68	16.24	14.63	16.76	Upgrade
Dividend Per Share	9.390	9.000	8.520	7.760	7.040	6.400	Upgrade
Dividend Growth	5.74%	5.63%	9.79%	10.23%	10.00%	10.35%	Upgrade
Gross Margin	70.05%	68.71%	72.35%	75.78%	75.16%	75.78%	Upgrade
Operating Margin	31.03%	28.95%	34.26%	38.36%	35.23%	36.69%	Upgrade
Profit Margin	19.47%	12.24%	23.83%	24.89%	22.68%	28.57%	Upgrade
Free Cash Flow Margin	32.08%	31.10%	26.11%	33.37%	32.26%	38.90%	Upgrade
EBITDA	16,481	15,157	13,590	13,358	12,549	12,929	Upgrade
EBITDA Margin	45.82%	45.35%	48.21%	50.75%	48.30%	50.85%	Upgrade
D&A For EBITDA	5,321	5,481	3,932	3,260	3,398	3,601	Upgrade
EBIT	11,160	9,676	9,658	10,098	9,151	9,328	Upgrade
EBIT Margin	31.03%	28.95%	34.26%	38.36%	35.23%	36.69%	Upgrade
Effective Tax Rate	15.03%	11.26%	14.49%	10.81%	12.06%	10.69%	Upgrade
Revenue as Reported	35,971	33,424	28,190	26,323	25,979	25,424	Upgrade
Advertising Expenses	-	987	647	841	843	962	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.