Amgen (AMGN) Cost of Revenue (2009 - 2026)
Amgen's quarterly Cost of Revenue came in at $2.7 billion in Q1 2026, down 7.55% year-on-year from $3.0 billion in Q1 2025, and up 135.41% quarter-over-quarter from -$7.7 billion in Q4 2025.
Amgen has reported Cost of Revenue for 18 years, with the latest figure at $2.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 7.55% year-over-year to $2.7 billion; the trailing twelve-month figure through Mar 2026 stood at -$1.8 billion (down 119.67% YoY), and the FY2025 full-year result was $1.3 billion, down 89.8% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.7 billion, up from -$7.7 billion in the prior quarter.
- The five-year high for Cost of Revenue was $3.2 billion in Q2 2024, with the low at -$7.7 billion in Q4 2025.
- Average Cost of Revenue over 5 years is $1.3 billion, with a median of $1.7 billion recorded in 2022.
- Peak annual rise in Cost of Revenue reached 4240.85% in 2025, while the deepest fall reached 349.0% in 2025.
- Tracing AMGN's Cost of Revenue over 5 years: stood at $1.7 billion in 2022, then surged by 78.13% to $3.1 billion in 2023, then changed by 0.0% to $3.1 billion in 2024, then plunged by 349.0% to -$7.7 billion in 2025, then surged by 135.41% to $2.7 billion in 2026.
- The last three Cost of Revenue figures came in at $2.7 billion (Q1 2026), -$7.7 billion (Q4 2025), and $3.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | 3.58 Bn |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 8.11 Bn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 4.22 Bn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | 4.20 Bn |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | 2.74 Bn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 1.45 Bn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | 3.55 Bn |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | 3.42 Bn |
| 10 | Gsk | 88.34 Bn | 83.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.74 Bn |
| Mar 31, 2026 | 2.74 Bn |
| Dec 31, 2025 | -7.75 Bn |
| Dec 31, 2025 | -7.75 Bn |
| Sep 30, 2025 | 3.08 Bn |
| Sep 30, 2025 | 3.08 Bn |
| Jun 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | 77.00 Mn |
| Mar 31, 2025 | 2.97 Bn |
| Mar 31, 2025 | 2.97 Bn |
| Dec 31, 2024 | 3.11 Bn |
| Dec 31, 2024 | 3.11 Bn |
| Sep 30, 2024 | 71.00 Mn |
| Sep 30, 2024 | 71.00 Mn |
| Jun 30, 2024 | 3.24 Bn |
| Jun 30, 2024 | 3.24 Bn |
| Mar 31, 2024 | 105.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Dec 31, 2023 | 3.11 Bn |
| Dec 31, 2023 | 3.11 Bn |
| Sep 30, 2023 | 1.81 Bn |
| Sep 30, 2023 | 1.81 Bn |
| Jun 30, 2023 | 1.81 Bn |
| Jun 30, 2023 | 1.81 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.75 Bn |
| Dec 31, 2022 | 1.75 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.51 Bn |
| Jun 30, 2022 | 1.51 Bn |
| Mar 31, 2022 | 1.56 Bn |
| Mar 31, 2022 | 1.56 Bn |
| Dec 31, 2021 | -4.54 Bn |
| Dec 31, 2021 | -4.54 Bn |
| Sep 30, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.61 Bn |
| Jun 30, 2021 | 1.64 Bn |
| Jun 30, 2021 | 1.64 Bn |
| Mar 31, 2021 | 1.49 Bn |
| Mar 31, 2021 | 1.49 Bn |
| Dec 31, 2020 | 1.60 Bn |
| Dec 31, 2020 | 1.60 Bn |
| Sep 30, 2020 | 1.00 Mn |
| Sep 30, 2020 | 1.00 Mn |
| Jun 30, 2020 | 1.49 Bn |
| Jun 30, 2020 | 1.49 Bn |
| Mar 31, 2020 | 1.51 Bn |
| Mar 31, 2020 | 1.51 Bn |
| Dec 31, 2019 | 1.25 Bn |
| Dec 31, 2019 | 1.25 Bn |
| Sep 30, 2019 | 1.04 Bn |
| Sep 30, 2019 | 1.04 Bn |
| Jun 30, 2019 | 1.01 Bn |
| Jun 30, 2019 | 1.01 Bn |
| Mar 31, 2019 | 3.00 Mn |
| Mar 31, 2019 | 3.00 Mn |
| Dec 31, 2018 | 11.00 Mn |
| Dec 31, 2018 | 11.00 Mn |
| Sep 30, 2018 | 325.00 Mn |
| Sep 30, 2018 | 325.00 Mn |
| Jun 30, 2018 | 19.00 Mn |
| Jun 30, 2018 | 19.00 Mn |
| Mar 31, 2018 | 3.00 Mn |
| Mar 31, 2018 | 3.00 Mn |
| Dec 31, 2017 | 28.00 Mn |
| Dec 31, 2017 | 28.00 Mn |
| Sep 30, 2017 | 297.00 Mn |
| Sep 30, 2017 | 297.00 Mn |
| Jun 30, 2017 | 6.00 Mn |
| Jun 30, 2017 | 6.00 Mn |
| Mar 31, 2017 | 996.00 Mn |
| Mar 31, 2017 | 996.00 Mn |
| Dec 31, 2016 | 12.00 Mn |
| Dec 31, 2016 | 12.00 Mn |
| Sep 30, 2016 | 1.03 Bn |
| Sep 30, 2016 | 1.03 Bn |
| Jun 30, 2016 | 1.05 Bn |
| Jun 30, 2016 | 1.05 Bn |
| Mar 31, 2016 | 1.02 Bn |
| Mar 31, 2016 | 1.02 Bn |
| Dec 31, 2015 | -3.11 Bn |
| Dec 31, 2015 | -3.11 Bn |
| Sep 30, 2015 | 1.03 Bn |
| Sep 30, 2015 | 1.03 Bn |
| Jun 30, 2015 | 1.09 Bn |
| Jun 30, 2015 | 1.09 Bn |
| Mar 31, 2015 | 1.03 Bn |
| Mar 31, 2015 | 1.03 Bn |
| Dec 31, 2014 | 1.18 Bn |
| Dec 31, 2014 | 1.18 Bn |
| Sep 30, 2014 | 1.07 Bn |
| Sep 30, 2014 | 1.07 Bn |
| Jun 30, 2014 | 1.08 Bn |
| Jun 30, 2014 | 1.08 Bn |
| Mar 31, 2014 | 17.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Dec 31, 2013 | -2.12 Bn |
| Dec 31, 2013 | -2.12 Bn |
| Sep 30, 2013 | 788.00 Mn |
| Sep 30, 2013 | 788.00 Mn |
| Jun 30, 2013 | 785.00 Mn |
| Jun 30, 2013 | 785.00 Mn |
| Mar 31, 2013 | 16.00 Mn |
| Mar 31, 2013 | 16.00 Mn |
| Dec 31, 2012 | 3.00 Bn |
| Dec 31, 2012 | 3.00 Bn |
| Sep 30, 2012 | 775.00 Mn |
| Sep 30, 2012 | 775.00 Mn |
| Jun 30, 2012 | 752.00 Mn |
| Jun 30, 2012 | 752.00 Mn |
| Mar 31, 2012 | 750.00 Mn |
| Mar 31, 2012 | 750.00 Mn |
| Dec 31, 2011 | 937.00 Mn |
| Dec 31, 2011 | 937.00 Mn |
| Sep 30, 2011 | 854.00 Mn |
| Sep 30, 2011 | 854.00 Mn |
| Jun 30, 2011 | 602.00 Mn |
| Jun 30, 2011 | 602.00 Mn |
| Mar 31, 2011 | 564.00 Mn |
| Mar 31, 2011 | 564.00 Mn |
| Dec 31, 2010 | -1.53 Bn |
| Dec 31, 2010 | -1.53 Bn |
| Sep 30, 2010 | 587.00 Mn |
| Sep 30, 2010 | 587.00 Mn |
| Mar 31, 2010 | 1.00 Mn |
| Mar 31, 2010 | 1.00 Mn |
| Dec 31, 2009 | -1.49 Bn |
| Dec 31, 2009 | -1.49 Bn |
| Sep 30, 2009 | 545.00 Mn |
| Sep 30, 2009 | 545.00 Mn |
| Jun 30, 2009 | 49.00 Mn |
| Jun 30, 2009 | 49.00 Mn |
| Mar 31, 2009 | 477.00 Mn |
| Mar 31, 2009 | 477.00 Mn |