Amgen Inc. (AMGN) Earnings History
Annual and quarterly earnings data from 1988 to 2025
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AMGN EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AMGN Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 70.8% | 29.1% | 21.0% |
| 2024 | 61.5% | 21.7% | 12.2% |
| 2023 | 70.1% | 28.0% | 23.8% |
| 2022 | 75.7% | 36.3% | 24.9% |
| 2021 | 75.2% | 29.4% | 22.7% |
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Amgen Inc. (AMGN) Earnings Overview
As of May 6, 2026, Amgen Inc. (AMGN) reported trailing twelve-month net income of $7.80B, reflecting +88.2% year-over-year growth. The company earned $14.34 per diluted share over the past four quarters, with a net profit margin of 21.0%.
Looking at the long-term picture, AMGN's 5-year EPS compound annual growth rate (CAGR) stands at +2.9%, reflecting modest earnings expansion. The company achieved its highest annual net income of $8.39B in fiscal 2018.
Amgen Inc. maintains industry-leading profitability with a gross margin of 70.8%, operating margin of 29.1%, and net margin of 21.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including GILD ($8.51B net income, 1.7% margin), BIIB ($1.37B net income, 13.2% margin), REGN ($4.42B net income, 31.4% margin), AMGN has outperformed on profitability metrics. Compare AMGN vs GILD →
AMGN Earnings vs Peers
Earnings metrics vs comparable public companies
AMGN Historical Earnings Data (1988–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.71B | +88.5% | $10.68B | $14.23 | 21.0% | 29.1% |
| 2024 | $4.09B | -39.1% | $7.26B | $7.56 | 12.2% | 21.7% |
| 2023 | $6.72B | +2.5% | $7.90B | $12.49 | 23.8% | 28.0% |
| 2022 | $6.55B | +11.2% | $9.57B | $12.11 | 24.9% | 36.3% |
| 2021 | $5.89B | -18.9% | $7.64B | $10.28 | 22.7% | 29.4% |
| 2020 | $7.26B | -7.4% | $9.14B | $12.31 | 28.6% | 35.9% |
| 2019 | $7.84B | -6.6% | $9.67B | $12.88 | 33.6% | 41.4% |
| 2018 | $8.39B | +324.2% | $10.26B | $12.62 | 35.3% | 43.2% |
| 2017 | $1.98B | -74.4% | $9.97B | $2.69 | 8.7% | 43.6% |
| 2016 | $7.72B | +11.3% | $9.79B | $10.24 | 33.6% | 42.6% |
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Start ComparisonAMGN — Frequently Asked Questions
Quick answers to the most common questions about buying AMGN stock.
Is AMGN growing earnings?
AMGN EPS is $14.34, with earnings growth accelerating to +88.2%. This exceeds the 5-year CAGR of +2.9%. TTM net income reached $7.8B.
What are AMGN's profit margins?
Amgen Inc. net margin is +21.0%, with operating margin at +29.1%. Above-average margins indicate pricing power.
How consistent are AMGN's earnings?
AMGN earnings data spans 1988-2025. The accelerating earnings trend is +88.2% YoY. Historical data enables comparison across business cycles.