Amgen (AMGN) financials
Amgen revenue and earnings by year
Amgen's revenue was $36.8 billion in the fiscal year to December 31, 2025, up 10.0% from the year before. Net income was $7.71 billion, 21.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 5.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.8 | 33.4 | 28.2 | 26.3 | 26.0 | 25.4 | 23.4 | 23.7 | 22.8 | 23.0 |
| Revenue growth | 10.0% | 18.6% | 7.1% | 1.3% | 2.2% | 8.8% | -1.6% | 3.9% | -0.6% | — |
| Gross profit | 24.7 | 20.6 | 19.7 | 19.9 | 19.5 | 19.3 | 19.0 | 19.6 | 18.8 | 18.8 |
| Gross margin | 67.2% | 61.5% | 70.0% | 75.7% | 75.2% | 75.8% | 81.4% | 82.7% | 82.2% | 81.9% |
| Operating income | 9.1 | 7.3 | 7.9 | 9.6 | 7.6 | 9.1 | 9.7 | 10.3 | 10.0 | 9.8 |
| Operating margin | 24.7% | 21.7% | 28.0% | 36.3% | 29.4% | 35.9% | 41.4% | 43.2% | 43.6% | 42.6% |
| Net income | 7.7 | 4.1 | 6.7 | 6.6 | 5.9 | 7.3 | 7.8 | 8.4 | 2.0 | 7.7 |
| Net margin | 21.0% | 12.2% | 23.8% | 24.9% | 22.7% | 28.6% | 33.6% | 35.3% | 8.7% | 33.6% |
| Diluted EPS | $14.23 | $7.56 | $12.49 | $12.11 | $10.28 | $12.31 | $12.87 | $12.60 | $2.57 | $10.24 |
| Free cash flow | 8.1 | 10.4 | 7.4 | 8.8 | 8.4 | 9.9 | 8.5 | 10.6 | 10.5 | 9.6 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AMGN in Markets.
How Amgen makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $9.54B | 94.9% |
| Product & Service Other | $517M | 5.1% |
See also: AMGN valuation and P/E history · AMGN returns
No forecast, no recommendation. This page describes Amgen from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.