Amgen (AMGN) Gross Margin (2009 - 2026)
Amgen (AMGN) posted quarterly Gross Margin of 68.16% for Q1 2026, up 458.0% year-over-year from 12.21% in Q1 2025, and down 2.4% quarter-over-quarter from 69.84% in Q4 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 68.26% (up 526.0% YoY), while the FY2025 annual figure was 67.25%, up 572.0% from the prior year.
- Gross Margin for Q1 2026 stood at 68.16%, down from 69.84% in the prior quarter.
- The five-year high for Gross Margin was 77.1% in Q2 2022, with the low at 280.61% in Q4 2022.
- The 5-year median for Gross Margin is 67.75% (2025), against an average of 47.71%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 35552 bps in 2022, then surged 34264 bps in 2023.
- Amgen's Gross Margin stood at 280.61% in 2022, then jumped by 122 bps to 62.03% in 2023, then increased by 6 bps to 65.75% in 2024, then advanced by 6 bps to 69.84% in 2025, then declined by 2 bps to 68.16% in 2026.
- Business Quant data shows AMGN's Gross Margin at 68.16% in Q1 2026, 69.84% in Q4 2025, and 67.75% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.88 Bn | 625.12 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 463.46 Bn | 456.89 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 367.92 Bn | 360.78 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 297.71 Bn | 290.02 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 255.55 Bn | 250.65 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 234.52 Bn | 220.53 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 178.22 Bn | 175.04 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 72.78% |
| 9 | Gsk | 105.32 Bn | 101.15 Bn | 8.24 Bn | 73.05% |
| 10 | Sanofi | 54.20 Bn | 46.82 Bn | 10.79 Bn | 80.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 72.04% |
| Mar 31, 2026 | 68.16% |
| Dec 31, 2025 | 69.84% |
| Sep 30, 2025 | 67.75% |
| Jun 30, 2025 | 67.20% |
| Mar 31, 2025 | 63.58% |
| Dec 31, 2024 | 65.75% |
| Sep 30, 2024 | 61.07% |
| Jun 30, 2024 | 61.42% |
| Mar 31, 2024 | 57.03% |
| 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 | 74.91% |
| Sep 30, 2021 | 76.01% |