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
DateValue
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