Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
429.88
-2.54 (-0.59%)
At close: Aug 31, 2026, 4:00 PM EDT
433.00
+3.12 (0.73%)
After-hours: Aug 31, 2026, 7:56 PM EDT
Amgen Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Revenue | 9,537 | 8,218 | 9,367 | 9,137 | 8,771 | 7,873 | 8,716 | 8,151 | 8,041 | 7,118 | 7,833 | 6,548 | 6,683 | 5,846 | 6,552 | 6,237 | 6,281 | 5,731 | 6,271 | 6,320 |
Other Revenue | 517 | 400 | 499 | 420 | 408 | 276 | 370 | 352 | 347 | 329 | 363 | 355 | 303 | 259 | 287 | 415 | 313 | 507 | 575 | 386 |
| 10,054 | 8,618 | 9,866 | 9,557 | 9,179 | 8,149 | 9,086 | 8,503 | 8,388 | 7,447 | 8,196 | 6,903 | 6,986 | 6,105 | 6,839 | 6,652 | 6,594 | 6,238 | 6,846 | 6,706 | |
Revenue Growth (YoY) | 9.53% | 5.75% | 8.58% | 12.40% | 9.43% | 9.43% | 10.86% | 23.18% | 20.07% | 21.98% | 19.84% | 3.77% | 5.95% | -2.13% | -0.10% | -0.80% | 1.04% | 5.71% | 3.20% | 4.41% |
Cost of Revenue | 2,751 | 2,497 | 2,676 | 2,744 | 2,672 | 2,605 | 2,712 | 2,649 | 2,576 | 2,507 | 2,456 | 1,806 | 1,813 | 1,720 | 1,747 | 1,588 | 1,510 | 1,561 | 1,718 | 1,609 |
Gross Profit | 7,303 | 6,121 | 7,190 | 6,813 | 6,507 | 5,544 | 6,374 | 5,854 | 5,812 | 4,940 | 5,740 | 5,097 | 5,173 | 4,385 | 5,092 | 5,064 | 5,084 | 4,677 | 5,128 | 5,097 |
Selling, General & Admin | 1,745 | 1,602 | 1,952 | 1,720 | 1,691 | 1,687 | 1,878 | 1,625 | 1,785 | 1,808 | 1,787 | 1,353 | 1,294 | 1,258 | 1,572 | 1,287 | 1,327 | 1,228 | 1,425 | 1,305 |
Research & Development | 1,868 | 1,719 | 2,142 | 1,900 | 1,744 | 1,486 | 1,724 | 1,450 | 1,447 | 1,343 | 1,534 | 1,079 | 1,113 | 1,058 | 1,324 | 1,112 | 1,039 | 959 | 1,348 | 1,422 |
Other Operating Expenses | 116 | -113 | 82 | -71 | 77 | 30 | 172 | 71 | 11 | 37 | -778 | 791 | 105 | - | 58 | 11 | 542 | - | - | 3 |
Operating Expenses | 3,729 | 3,208 | 4,176 | 3,549 | 3,512 | 3,203 | 3,774 | 3,146 | 3,243 | 3,188 | 2,543 | 3,223 | 2,512 | 2,316 | 2,954 | 2,410 | 2,908 | 2,187 | 2,773 | 2,730 |
Operating Income | 3,574 | 2,913 | 3,014 | 3,264 | 2,995 | 2,341 | 2,600 | 2,708 | 2,569 | 1,752 | 3,197 | 1,874 | 2,661 | 2,069 | 2,138 | 2,654 | 2,176 | 2,490 | 2,355 | 2,367 |
Interest Expense | -673 | -657 | -1,061 | -685 | -694 | -723 | -1,257 | -776 | -808 | -824 | -2,046 | -759 | -752 | -543 | -542 | -368 | -328 | -295 | -335 | -296 |
Interest & Investment Income | - | - | 408 | - | - | - | 510 | - | - | - | 1,225 | - | - | - | 127 | - | - | - | - | - |
Earnings From Equity Investments | - | - | - | - | - | - | - | - | - | - | -134 | 153 | - | 20 | 292 | -104 | -80 | -160 | 181 | -98 |
Currency Exchange Gain (Loss) | 9 | -77 | 5 | -39 | 172 | 83 | -162 | 121 | -3 | -31 | 99 | -86 | 51 | -22 | 228 | -198 | -185 | -78 | -55 | -104 |
Other Non Operating Income (Expenses) | 145 | 192 | 143 | 181 | -113 | -376 | 226 | -10 | 94 | 234 | -26 | 588 | 336 | 213 | -177 | 210 | -4 | -242 | 382 | 319 |
EBT Excluding Unusual Items | 3,055 | 2,371 | 2,509 | 2,721 | 2,360 | 1,325 | 1,917 | 2,043 | 1,852 | 1,131 | 2,315 | 1,770 | 2,296 | 1,737 | 2,066 | 2,194 | 1,579 | 1,715 | 2,528 | 2,188 |
Merger & Restructuring Charges | -60 | -247 | -300 | -338 | -339 | -363 | -400 | -661 | -660 | -693 | -1,143 | - | - | -143 | - | - | - | - | -58 | - |
Gain (Loss) on Sale of Investments | -227 | -130 | -701 | 1,938 | -570 | 1,700 | -846 | 1,719 | -398 | -571 | 238 | 30 | -705 | 1,853 | -488 | 192 | -48 | -50 | -346 | -44 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 62 | - | - | - | - | - |
Asset Writedown | - | - | - | -400 | - | -800 | 129 | - | - | -68 | -783 | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | 90 | 6 | - | 117 | 111 | -18 | - | - | 133 | 225 | 147 | 23 | -5 | 108 | 6 | - | 10 | 7 | 11 |
Pretax Income | 2,768 | 2,084 | 1,514 | 3,921 | 1,568 | 1,973 | 782 | 3,101 | 794 | -68 | 852 | 1,947 | 1,614 | 3,442 | 1,748 | 2,392 | 1,531 | 1,675 | 2,131 | 2,155 |
Income Tax Expense | 393 | 265 | 181 | 705 | 136 | 243 | 155 | 271 | 48 | 45 | 85 | 217 | 235 | 601 | 132 | 249 | 214 | 199 | 232 | 271 |
Net Income | 2,375 | 1,819 | 1,333 | 3,216 | 1,432 | 1,730 | 627 | 2,830 | 746 | -113 | 767 | 1,730 | 1,379 | 2,841 | 1,616 | 2,143 | 1,317 | 1,476 | 1,899 | 1,884 |
Net Income to Common | 2,375 | 1,819 | 1,333 | 3,216 | 1,432 | 1,730 | 627 | 2,830 | 746 | -113 | 767 | 1,730 | 1,379 | 2,841 | 1,616 | 2,143 | 1,317 | 1,476 | 1,899 | 1,884 |
Net Income Growth (YoY) | 65.85% | 5.15% | 112.60% | 13.64% | 91.96% | - | -18.25% | 63.58% | -45.90% | - | -52.54% | -19.27% | 4.71% | 92.48% | -14.90% | 13.75% | 183.84% | -10.33% | 17.59% | -6.78% |
Shares Outstanding (Basic) | 540 | 540 | 539 | 538 | 538 | 538 | 537 | 537 | 537 | 536 | 535 | 535 | 535 | 534 | 535 | 535 | 535 | 548 | 562 | 567 |
Shares Outstanding (Diluted) | 544 | 544 | 543 | 542 | 541 | 541 | 542 | 542 | 541 | 536 | 540 | 538 | 537 | 538 | 539 | 538 | 537 | 551 | 565 | 570 |
Shares Change (YoY) | 0.56% | 0.56% | 0.18% | - | - | 0.93% | 0.37% | 0.74% | 0.74% | -0.37% | 0.19% | - | - | -2.36% | -4.60% | -5.61% | -6.77% | -5.16% | -3.42% | -3.23% |
EPS (Basic) | 4.40 | 3.37 | 2.47 | 5.98 | 2.66 | 3.22 | 1.17 | 5.27 | 1.39 | -0.21 | 1.43 | 3.23 | 2.58 | 5.32 | 3.02 | 4.01 | 2.46 | 2.69 | 3.38 | 3.32 |
EPS (Diluted) | 4.37 | 3.34 | 2.46 | 5.93 | 2.65 | 3.20 | 1.16 | 5.22 | 1.38 | -0.21 | 1.42 | 3.22 | 2.57 | 5.28 | 2.99 | 3.98 | 2.45 | 2.68 | 3.36 | 3.31 |
EPS Growth (YoY) | 64.91% | 4.38% | 112.07% | 13.60% | 92.03% | - | -18.73% | 62.11% | -46.30% | - | -52.42% | -19.10% | 4.90% | 97.02% | -10.90% | 20.24% | 202.55% | -5.30% | 21.72% | -3.50% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 3,489 | 1,477 | 961 | 4,248 | 1,911 | 980 | 4,400 | 3,314 | 2,221 | 459 | 289 | 2,512 | 3,838 | 720 | 2,309 | 2,818 | 1,684 | 1,974 | 2,521 | 2,176 |
Free Cash Flow Per Share | 6.41 | 2.71 | 1.77 | 7.84 | 3.53 | 1.81 | 8.12 | 6.11 | 4.11 | 0.86 | 0.54 | 4.67 | 7.15 | 1.34 | 4.28 | 5.24 | 3.14 | 3.58 | 4.46 | 3.82 |
Dividend Per Share | 2.520 | 2.520 | 2.380 | 2.380 | 2.380 | 2.380 | 2.250 | 2.250 | 2.250 | 2.250 | 2.130 | 2.130 | 2.130 | 2.130 | 1.940 | 1.940 | 1.940 | 1.940 | 1.760 | 1.760 |
Dividend Growth (YoY) | 5.88% | 5.88% | 5.78% | 5.78% | 5.78% | 5.78% | 5.63% | 5.63% | 5.63% | 5.63% | 9.79% | 9.79% | 9.79% | 9.79% | 10.23% | 10.23% | 10.23% | 10.23% | 10.00% | 10.00% |
Gross Margin | 72.64% | 71.03% | 72.88% | 71.29% | 70.89% | 68.03% | 70.15% | 68.85% | 69.29% | 66.33% | 70.03% | 73.84% | 74.05% | 71.83% | 74.45% | 76.13% | 77.10% | 74.98% | 74.91% | 76.01% |
Operating Margin | 35.55% | 33.80% | 30.55% | 34.15% | 32.63% | 28.73% | 28.62% | 31.85% | 30.63% | 23.53% | 39.01% | 27.15% | 38.09% | 33.89% | 31.26% | 39.90% | 33.00% | 39.92% | 34.40% | 35.30% |
Profit Margin | 23.62% | 21.11% | 13.51% | 33.65% | 15.60% | 21.23% | 6.90% | 33.28% | 8.89% | -1.52% | 9.36% | 25.06% | 19.74% | 46.54% | 23.63% | 32.22% | 19.97% | 23.66% | 27.74% | 28.09% |
Free Cash Flow Margin | 34.70% | 17.14% | 9.74% | 44.45% | 20.82% | 12.03% | 48.43% | 38.97% | 26.48% | 6.16% | 3.53% | 36.39% | 54.94% | 11.79% | 33.76% | 42.36% | 25.54% | 31.64% | 36.82% | 32.45% |
EBITDA | 4,686 | 4,029 | 4,022 | 4,571 | 4,336 | 3,728 | 3,886 | 4,104 | 3,969 | 3,151 | 4,438 | 2,769 | 3,557 | 2,969 | 3,049 | 3,491 | 3,004 | 3,331 | 3,207 | 3,217 |
EBITDA Margin | 46.61% | 46.75% | 40.77% | 47.83% | 47.24% | 45.75% | 42.77% | 48.27% | 47.32% | 42.31% | 54.15% | 40.11% | 50.92% | 48.63% | 44.58% | 52.48% | 45.56% | 53.40% | 46.84% | 47.97% |
D&A For EBITDA | 1,112 | 1,116 | 1,008 | 1,307 | 1,341 | 1,387 | 1,286 | 1,396 | 1,400 | 1,399 | 1,241 | 895 | 896 | 900 | 911 | 837 | 828 | 841 | 852 | 850 |
EBIT | 3,574 | 2,913 | 3,014 | 3,264 | 2,995 | 2,341 | 2,600 | 2,708 | 2,569 | 1,752 | 3,197 | 1,874 | 2,661 | 2,069 | 2,138 | 2,654 | 2,176 | 2,490 | 2,355 | 2,367 |
EBIT Margin | 35.55% | 33.80% | 30.55% | 34.15% | 32.63% | 28.73% | 28.62% | 31.85% | 30.63% | 23.53% | 39.01% | 27.15% | 38.09% | 33.89% | 31.26% | 39.90% | 33.00% | 39.92% | 34.40% | 35.30% |
Effective Tax Rate | 14.20% | 12.72% | 11.96% | 17.98% | 8.67% | 12.32% | 19.82% | 8.74% | 6.04% | - | 9.98% | 11.14% | 14.56% | 17.46% | 7.55% | 10.41% | 13.98% | 11.88% | 10.89% | 12.57% |
Revenue as Reported | 10,054 | 8,618 | 9,866 | 9,557 | 9,179 | 8,149 | 9,086 | 8,503 | 8,388 | 7,447 | 8,196 | 6,903 | 6,986 | 6,105 | 6,839 | 6,652 | 6,594 | 6,238 | 6,846 | 6,706 |