Amgen (AMGN) Deferred Taxes (2013 - 2026)

Amgen (AMGN) recorded quarterly Deferred Taxes of -$176.0 million in Q1 2026, down 826.32% quarter-over-quarter from -$19.0 million in Q4 2025, and up 29.6% on a YoY basis from -$135.8 million in Q1 2025.

Amgen (AMGN) Deferred Taxes (2013 - 2026) Analysis & Trends

Amgen's Deferred Taxes history runs 14 years deep, the most recent figure standing at -$176.0 million for Q1 2026.

  • In Q1 2026, Deferred Taxes rose 29.6% year-over-year to -$176.0 million; the TTM figure through Mar 2026 stood at -$647.0 million (up 39.93% YoY), while the FY2025 annual figure was -$721.0 million, up 41.29% from the prior year.
  • Deferred Taxes was -$176.0 million for Q1 2026 at Amgen, down from -$19.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of -$19.0 million in Q4 2025 to a low of -$623.0 million in Q4 2023.
  • Historically, Deferred Taxes has averaged -$270.4 million across 5 years, with a median of -$263.0 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Deferred Taxes tumbled 718.37% in 2024, then surged 94.31% in 2025.
  • A 5-year view of Deferred Taxes shows it stood at -$351.0 million in 2022, then tumbled by 77.49% to -$623.0 million in 2023, then jumped by 46.39% to -$334.0 million in 2024, then soared by 94.31% to -$19.0 million in 2025, then plunged by 826.32% to -$176.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$176.0 million (Q1 2026), -$19.0 million (Q4 2025), and -$30.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 1.48 Bn
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 159.00 Mn
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 137.00 Mn
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn -315.00 Mn
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn -176.00 Mn
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 179.00 Mn
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn -12.00 Mn
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 161.00 Mn
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -176.00 Mn
Dec 31, 2025 -19.00 Mn
Sep 30, 2025 -30.00 Mn
Jun 30, 2025 -422.00 Mn
Mar 31, 2025 -250.00 Mn
Dec 31, 2024 -334.00 Mn
Sep 30, 2024 -110.00 Mn
Jun 30, 2024 -383.00 Mn
Mar 31, 2024 -401.00 Mn
Dec 31, 2023 -623.00 Mn
Sep 30, 2023 -447.00 Mn
Jun 30, 2023 -154.00 Mn
Mar 31, 2023 -49.00 Mn
Dec 31, 2022 -351.00 Mn
Sep 30, 2022 -333.00 Mn
Jun 30, 2022 -263.00 Mn
Mar 31, 2022 -251.00 Mn
Dec 31, 2021 -189.00 Mn
Sep 30, 2021 -127.00 Mn
Jun 30, 2021 -46.00 Mn