Amgen (AMGN) Capital Expenditures (2009 - 2026)
Amgen (AMGN) posted quarterly Capital Expenditures of $712.0 million for Q1 2026, up 73.24% year-over-year from $411.0 million in Q1 2025, and up 10.9% on a QoQ basis from $642.0 million in Q4 2025.
Amgen (AMGN) Capital Expenditures (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported Capital Expenditures for 18 consecutive years, with $712.0 million the latest figure, recorded in 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 came in at $712.0 million for Q1 2026 at Amgen, up from $642.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $712.0 million in Q1 2026, with the low at $160.0 million in Q3 2022.
- Average Capital Expenditures over 5 years is $336.1 million, with a median of $271.0 million recorded in 2023.
- Across the five-year window, Capital Expenditures plunged 33.88% in 2022 and soared 81.05% in 2023, its largest moves.
- Year by year, Capital Expenditures stood at $340.0 million in 2022, then decreased 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 increased by 10.9% to $712.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $712.0 million, $642.0 million, and $436.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 2.33 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 1.05 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 265.00 Mn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | -547.00 Mn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 991.00 Mn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 712.00 Mn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 117.00 Mn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 436.00 Mn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | -346.00 Mn |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 51.20 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 |