Amgen Inc. (AMGN) Earnings History
Annual and quarterly earnings data from 1988 to 2025
Loading earnings history...
EPS Growth Rates (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.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 82.5% | 40.5% | 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% |
Download Data
Export AMGN earnings history in CSV or JSON format
Free sign-in required to download data
Amgen Inc. (AMGN) Earnings Overview
As of February 28, 2026, Amgen Inc. (AMGN) reported trailing twelve-month net income of $7.71B, reflecting +0.9% year-over-year growth. The company earned $14.20 per diluted share over the past four quarters, with a net profit margin of 0.2%.
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 positive profitability with a gross margin of 0.8%, operating margin of 0.4%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including ABBV ($2.39B net income, 0.1% margin), GILD ($8.51B net income, 0.0% margin), NVO ($98.50B net income, 0.3% margin), AMGN has outperformed on profitability metrics. Compare AMGN vs ABBV →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.71B | +88.5% | $14.89B | $14.23 | 21.0% | 40.5% |
| 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% |
See AMGN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs AMGN Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare AMGN vs AGIO
See how AMGN stacks up against sector leader Agios Pharmaceuticals, Inc..
Start ComparisonFrequently Asked Questions
Is AMGN growing earnings?
AMGN EPS of $14.20 reflects slowing growth at +0.9%, below the 5-year CAGR of +2.9%. TTM net income is $7.7B. Expansion rate has moderated.
What are AMGN's profit margins?
Amgen Inc. net margin is +0.2%, with operating margin at +0.4%. Below-average margins reflect competitive or cost pressures.
How consistent are AMGN's earnings?
AMGN earnings data spans 1988-2025. The current earnings trend is +0.9% YoY. Historical data enables comparison across business cycles.