Amgen (AMGN) Cash from Operations (2009 - 2026)
Amgen (AMGN) posted Cash from Operations of $4.0 billion for Q2 2026, up 82.82% on a QoQ basis from $2.2 billion in Q1 2026, and up 75.53% year-over-year from $2.3 billion in Q2 2025.
Analysis
Amgen (AMGN) Cash from Operations (2009 - 2026) Analysis & Trends
Amgen has reported Cash from Operations for 18 years, with the latest figure at $4.0 billion in Q2 2026.
- On a quarterly basis, Cash from Operations rose 75.53% year-over-year to $4.0 billion in Q2 2026; TTM through Jun 2026 was $12.5 billion, a 3.87% increase from a year earlier, with the FY2025 full-year figure at $10.0 billion, down 13.33% from the prior year.
- Cash from Operations was $4.0 billion for Q2 2026 at Amgen, up from $2.2 billion in the prior quarter.
- The five-year high for Cash from Operations was $4.8 billion in Q4 2024, with the low at $538.0 million in Q4 2023.
- Average Cash from Operations over 5 years is $2.5 billion, with a median of $2.4 billion recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Cash from Operations sank 79.69% in 2023, then surged 786.8% in 2024.
- Over 5 years, Cash from Operations stood at $2.6 billion in 2022, then tumbled by 79.69% to $538.0 million in 2023, then soared by 786.8% to $4.8 billion in 2024, then tumbled by 66.4% to $1.6 billion in 2025, then surged by 149.66% to $4.0 billion in 2026.
- The last three Cash from Operations figures came in at $4.0 billion (Q2 2026), $2.2 billion (Q1 2026), and $1.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 4.00 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 3.57 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 1.13 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 813.00 Mn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | -526.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 326.72 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 448.90 Mn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | -270.50 Mn |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | -88.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00 Bn |
| Mar 31, 2026 | 2.19 Bn |
| Dec 31, 2025 | 1.60 Bn |
| Sep 30, 2025 | 4.68 Bn |
| Jun 30, 2025 | 2.28 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 4.77 Bn |
| Sep 30, 2024 | 3.57 Bn |
| Jun 30, 2024 | 2.46 Bn |
| Mar 31, 2024 | 689.00 Mn |
| Dec 31, 2023 | 538.00 Mn |
| Sep 30, 2023 | 2.76 Bn |
| Jun 30, 2023 | 4.11 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 2.65 Bn |
| Sep 30, 2022 | 2.98 Bn |
| Jun 30, 2022 | 1.93 Bn |
| Mar 31, 2022 | 2.16 Bn |
| Dec 31, 2021 | 2.81 Bn |
| Sep 30, 2021 | 2.42 Bn |