Amgen Inc.

AMGN Healthcare Drug Manufacturers General

Amgen Inc.’s revenue for fiscal 2025 (year ended December 2025) was $36.8 billion, up 9.95% from fiscal 2024. In the quarter to June 2026, revenue grew 9.53%, EPS grew 65.4%, free cash flow grew 82.6% and total debt rose 1.96%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.

432.49 1.54 −0.35%
Market cap
$234.7B
P/E
26.7×
Fwd P/E
22.7×
Dividend yield
2.30%
F-score
7/9
Altman Z
1.69
Beneish M
−2.27
Dividend safety
56/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
36,751.00 33,424.00 28,190.00 26,323.00 25,979.00 25,424.00 23,362.00 23,747.00 22,849.00 22,991.00
Revenue Growth
9.95% 18.57% 7.09% 1.32% 2.18% 8.83% (1.62%) 3.93% (0.62%) 6.14%
Cost of Revenue
12,037.00 12,858.00 8,451.00 6,406.00 6,454.00 6,159.00 4,356.00 4,101.00 4,069.00 4,162.00
Gross Profit
24,714.00 20,566.00 19,739.00 19,917.00 19,525.00 19,265.00 19,006.00 19,646.00 18,780.00 18,829.00
R&D Expenses
7,272.00 5,964.00 4,784.00 4,434.00 4,819.00 4,207.00 4,116.00 3,737.00 3,562.00 3,840.00
SG&A Expenses
7,050.00 7,096.00 6,179.00 5,414.00 5,368.00 5,730.00 5,150.00 5,332.00 4,870.00 5,062.00
Operating Income
9,080.00 7,258.00 7,897.00 9,566.00 7,639.00 9,139.00 9,674.00 10,263.00 9,973.00 9,794.00
Non-operating Income/Expense
(104.00) (2,649.00) (42.00) (2,220.00) (938.00) (1,006.00) (536.00) (718.00) (376.00) (631.00)
Non-operating Interest Expenses
2,755.00 3,155.00 2,875.00 1,406.00 1,197.00 1,262.00 1,289.00 1,392.00 1,304.00 1,260.00
EBT
8,976.00 4,609.00 7,855.00 7,346.00 6,701.00 8,133.00 9,138.00 9,545.00 9,597.00 9,163.00
Income Tax Provision
1,265.00 519.00 1,138.00 794.00 808.00 869.00 1,296.00 1,151.00 7,618.00 1,441.00
Income after Tax
7,711.00 4,090.00 6,717.00 6,552.00 5,893.00 7,264.00 7,842.00 8,394.00 1,979.00 7,722.00
Net Income Common
7,711.00 4,090.00 6,717.00 6,552.00 5,893.00 7,264.00 7,842.00 8,394.00 1,979.00 7,722.00
EPS (Basic)
14.33 7.62 12.56 12.18 10.34 12.40 12.96 12.70 2.71 10.32
EPS (Diluted)
14.23 7.56 12.49 12.11 10.28 12.31 12.88 12.62 2.69 10.24
Shares (Basic, Weighted)
538.00 537.00 535.00 538.00 570.00 586.00 605.00 661.00 731.00 748.00
Shares (Diluted, Weighted)
542.00 541.00 538.00 541.00 573.00 590.00 609.00 665.00 735.00 754.00
Gross Margin
67.25% 61.53% 70.02% 75.66% 75.16% 75.77% 81.35% 82.73% 82.19% 81.90%
EBIT Margin
24.71% 21.71% 28.01% 36.34% 29.40% 35.95% 41.41% 43.22% 43.65% 42.60%
EBT margin
24.42% 13.79% 27.86% 27.91% 25.79% 31.99% 39.11% 40.19% 42.00% 39.85%
Net Profit Margin
20.98% 12.24% 23.83% 24.89% 22.68% 28.57% 33.57% 35.35% 8.66% 33.59%
Free Cash Flow Margin
22.04% 31.10% 26.11% 33.37% 32.26% 38.90% 36.52% 44.46% 46.01% 41.83%
EBITDA
15,447.00 13,009.00 12,819.00 12,983.00 11,037.00 12,740.00 11,880.00 12,209.00 11,928.00 11,899.00
EBIT
9,080.00 7,258.00 7,897.00 9,566.00 7,639.00 9,139.00 9,674.00 10,263.00 9,973.00 9,794.00
Income from Continuous Operations
7,711.00 4,090.00 6,717.00 6,552.00 5,893.00 7,264.00 7,842.00 8,394.00 1,979.00 7,722.00
Consolidated Net Income/Loss
7,711.00 4,090.00 6,717.00 6,552.00 5,893.00 7,264.00 7,842.00 8,394.00 1,979.00 7,722.00
EPS (Basic, from Continuous Ops)
14.33 7.62 12.56 12.18 10.34 12.40 12.96 12.70 2.71 10.32
EPS (Basic, Consolidated)
14.33 7.62 12.56 12.18 10.34 12.40 12.96 12.70 2.71 10.32
EPS (Diluted, from Cont. Ops)
14.23 7.56 12.49 12.11 10.28 12.31 12.88 12.62 2.69 10.24
Shares (Diluted, Average)
542.00 541.00 538.00 541.00 573.00 590.00 609.00 665.00 735.00 754.00
EPS (Diluted, Consolidated)
14.23 7.56 12.49 12.11 10.28 12.31 12.88 12.62 2.69 10.24
EBITDA Margin
42.03% 38.92% 45.47% 49.32% 42.48% 50.11% 50.85% 51.41% 52.20% 51.76%
Operating Cash Flow Margin
27.10% 34.38% 30.05% 36.93% 35.65% 41.29% 39.17% 47.57% 48.92% 45.04%

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In millions of $ except per-share values · columns are period end dates