Amgen (AMGN) Capital Expenditures (2009 - 2026)
Amgen (AMGN) recorded quarterly Capital Expenditures of $712.0 million in Q1 2026, up 10.9% quarter-over-quarter from $642.0 million in Q4 2025, and up 73.24% on a YoY basis from $411.0 million in Q1 2025.
Amgen (AMGN) Capital Expenditures (2009 - 2026) Analysis & Trends
Amgen's Capital Expenditures history runs 18 years deep, the most recent figure standing at $712.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 73.24% year-over-year to $712.0 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 69.07% YoY), while the FY2025 annual figure was $1.9 billion, up 69.53% from the prior year.
- Capital Expenditures was $712.0 million for Q1 2026 at Amgen, up from $642.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $712.0 million in Q1 2026 to a low of $160.0 million in Q3 2022.
- Historically, Capital Expenditures has averaged $336.1 million across 5 years, with a median of $271.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures tumbled 33.88% in 2022, then soared 81.05% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $340.0 million in 2022, then declined by 26.76% to $249.0 million in 2023, then jumped by 49.0% to $371.0 million in 2024, then surged by 73.05% to $642.0 million in 2025, then advanced by 10.9% to $712.0 million in 2026.
- The last three Capital Expenditures figures came in at $712.0 million (Q1 2026), $642.0 million (Q4 2025), and $436.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -297.95 Mn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 2.33 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 1.05 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 265.00 Mn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 991.00 Mn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 712.00 Mn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 117.00 Mn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 436.00 Mn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 347.00 Mn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | -346.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 712.00 Mn |
| Mar 31, 2026 | 712.00 Mn |
| Dec 31, 2025 | 642.00 Mn |
| Dec 31, 2025 | 642.00 Mn |
| Sep 30, 2025 | 436.00 Mn |
| Sep 30, 2025 | 436.00 Mn |
| Jun 30, 2025 | 369.00 Mn |
| Jun 30, 2025 | 369.00 Mn |
| Mar 31, 2025 | 411.00 Mn |
| Mar 31, 2025 | 411.00 Mn |
| Dec 31, 2024 | 371.00 Mn |
| Dec 31, 2024 | 371.00 Mn |
| Sep 30, 2024 | 257.00 Mn |
| Sep 30, 2024 | 257.00 Mn |
| Jun 30, 2024 | 238.00 Mn |
| Jun 30, 2024 | 238.00 Mn |
| Mar 31, 2024 | 230.00 Mn |
| Mar 31, 2024 | 230.00 Mn |
| Dec 31, 2023 | 249.00 Mn |
| Dec 31, 2023 | 249.00 Mn |