Amgen (AMGN) Change in Taxes (2009 - 2026)

Amgen (AMGN) posted quarterly Change in Taxes of $71.0 million for Q1 2026, down 31.73% year-over-year from $104.0 million in Q1 2025, and up 119.45% on a QoQ basis from -$365.0 million in Q4 2025.

Amgen (AMGN) Change in Taxes (2009 - 2026) Analysis & Trends

Amgen (AMGN) has reported Change in Taxes for 18 consecutive years, with $71.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Taxes fell 31.73% year-over-year to $71.0 million; the TTM figure through Mar 2026 stood at -$2.1 billion (down 85.93% YoY), while the FY2025 annual figure was -$2.1 billion, down 104.55% from the prior year.
  • Change in Taxes came in at $71.0 million for Q1 2026 at Amgen, up from -$365.0 million in the prior quarter.
  • The five-year high for Change in Taxes was $610.0 million in Q3 2025, with the low at -$2.4 billion in Q2 2025.
  • Average Change in Taxes over 5 years is -$275.6 million, with a median of $71.0 million recorded in 2026.
  • Across the five-year window, Change in Taxes jumped 511.54% in 2022 and tumbled 5578.57% in 2024, its largest moves.
  • Year by year, Change in Taxes stood at -$155.0 million in 2022, then slumped by 1209.03% to -$2.0 billion in 2023, then jumped by 102.61% to $53.0 million in 2024, then tumbled by 788.68% to -$365.0 million in 2025, then jumped by 119.45% to $71.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered $71.0 million, -$365.0 million, and $610.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn -
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn -
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -81.00 Mn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -526.00 Mn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 71.00 Mn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn -29.00 Mn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 18.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 71.00 Mn
Mar 31, 2026 71.00 Mn
Dec 31, 2025 -365.00 Mn
Dec 31, 2025 -365.00 Mn
Sep 30, 2025 610.00 Mn
Sep 30, 2025 610.00 Mn
Jun 30, 2025 -2.42 Bn
Jun 30, 2025 -2.42 Bn
Mar 31, 2025 104.00 Mn
Mar 31, 2025 104.00 Mn
Dec 31, 2024 53.00 Mn
Dec 31, 2024 53.00 Mn
Sep 30, 2024 247.00 Mn
Sep 30, 2024 247.00 Mn
Jun 30, 2024 -1.53 Bn
Jun 30, 2024 -1.53 Bn
Mar 31, 2024 223.00 Mn
Mar 31, 2024 223.00 Mn
Dec 31, 2023 -2.03 Bn
Dec 31, 2023 -2.03 Bn