Amgen (AMGN) Gross Margin (2009 - 2026)

Amgen (AMGN) recorded quarterly Gross Margin of 68.16% in Q1 2026, down 61.82% quarter-over-quarter from 178.54% in Q4 2025, and up 458.0% on a YoY basis from 12.21% in Q1 2025.

Amgen (AMGN) Gross Margin (2009 - 2026) Analysis & Trends

Amgen's Gross Margin history runs 18 years deep, the most recent figure standing at 68.16% for Q1 2026.

  • In Q1 2026, Gross Margin rose 458.0% year-over-year to 68.16%; the TTM figure through Mar 2026 stood at 104.96% (up 3247.0% YoY), while the FY2025 annual figure was 96.43%, up 3490.0% from the prior year.
  • Gross Margin was 68.16% for Q1 2026 at Amgen, down from 178.54% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 178.54% in Q4 2025 to a low of 280.61% in Q4 2022.
  • Historically, Gross Margin has averaged 60.67% across 5 years, with a median of 73.84% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 44696 bps in 2022, then soared 34264 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 280.61% in 2022, then surged by 122 bps to 62.03% in 2023, then rose by 6 bps to 65.75% in 2024, then surged by 172 bps to 178.54% in 2025, then sank by 62 bps to 68.16% in 2026.
  • The last three Gross Margin figures came in at 68.16% (Q1 2026), 178.54% (Q4 2025), and 67.75% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn 75.42%
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 81.93%
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 66.31%
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 71.88%
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn 74.24%
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 68.16%
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 79.24%
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn -51.69%
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 70.22%
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 68.16%
Dec 31, 2025 178.54%
Sep 30, 2025 67.75%
Jun 30, 2025 99.16%
Mar 31, 2025 63.58%
Dec 31, 2024 65.75%
Sep 30, 2024 99.17%
Jun 30, 2024 61.42%
Mar 31, 2024 98.59%
Dec 31, 2023 62.03%
Sep 30, 2023 73.84%
Jun 30, 2023 74.05%
Mar 31, 2023 71.83%
Dec 31, 2022 -280.61%
Sep 30, 2022 76.13%
Jun 30, 2022 77.10%
Mar 31, 2022 74.98%
Dec 31, 2021 166.35%
Sep 30, 2021 76.01%
Jun 30, 2021 74.92%