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
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