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.

Revenue
+8.45%
EPS
+19.4%
Free cash flow
−0.16%
Total debt
−1.06%

Quarter to September 2026, against a year earlier

461.87 16.61 −3.47%
Market cap
$248.8B
P/E
26.6×
Fwd P/E
29.6×
Dividend yield
2.15%
F-score
7/9
Altman Z
1.69
Beneish M
−2.27
Dividend safety
56/100

Amgen Inc. (AMGN) Revenue growth

Alert me on Revenue growth

Amgen Inc.'s revenue growth over the twelve months to 30 September 2026 was 8.15%, down 1.8 percentage points from fiscal 2025 (9.95%). Over the past ten years it has ranged from −1.62% (fiscal 2019) to 18.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Drug Manufacturers General industry median of 6.72% and in line with the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 9.95% (8.62)
FY2024 18.6% 11.48
FY2023 7.09% 5.77
FY2022 1.32% (0.86)
FY2021 2.18% (6.65)
FY2020 8.83% 10.45
FY2019 −1.62% (5.55)
FY2018 3.93% 4.55
FY2017 −0.62% (6.76)
FY2016 6.14% (1.83)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 8.45% (1.08)
Jun 2026 9.53% 3.77
Mar 2026 5.76% (2.82)
Dec 2025 8.58% (3.82)
43 more quarters

Against its own ten years

Low −1.62% High 18.6%
Ten-year median 6.14%
Current reading's percentile 91

Revenue growth against peers

Company Revenue growth
NVO Novo Nordisk A/S compare 13.2%
ABBV AbbVie Inc. compare 10.7%
AMGN Amgen Inc. 8.15%
AZN AstraZeneca PLC compare 7.32%
GILD Gilead Sciences, Inc. compare 6.54%
MRK Merck & Co., Inc. compare 4.89%
BMY Bristol Myers Squibb Company compare 4.16%
NVS Novartis AG compare 1.76%
PFE Pfizer Inc. compare 1.34%
Drug Manufacturers General industry median 6.72%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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