Amgen AMGN
NASDAQ AMGN
$382.73 -8.54 (-2.18%)
As of: Sep 10, 2026 · 1:22 PM EDT

Amgen (AMGN) Gross Margin (2009 - 2026)

Amgen (AMGN) posted Gross Margin of 72.04% for Q2 2026, up 5.69% on a QoQ basis from 68.16% in Q1 2026, and up 484.0% year-over-year from 12.34% in Q2 2025.

Analysis

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

Amgen has reported Gross Margin for 18 years, with the latest figure at 72.04% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 484.0% year-over-year to 72.04% in Q2 2026; TTM through Jun 2026 was 69.52%, a 503.0% increase from a year earlier, with the FY2025 full-year figure at 67.25%, up 572.0% from the prior year.
  • Gross Margin was 72.04% for Q2 2026 at Amgen, up from 68.16% 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.
  • Average Gross Margin over 5 years is 49.07%, with a median of 67.96% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 35552 bps in 2022, then jumped 34264 bps in 2023.
  • Over 5 years, Gross Margin stood at 280.61% in 2022, then soared by 122 bps to 62.03% in 2023, then gained by 6 bps to 65.75% in 2024, then grew by 6 bps to 69.84% in 2025, then grew by 3 bps to 72.04% in 2026.
  • The last three Gross Margin figures came in at 72.04% (Q2 2026), 68.16% (Q1 2026), and 69.84% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amgen 206.59 Bn 192.60 Bn 7.24 Bn 72.04%
2 Gilead Sciences 180.21 Bn 177.03 Bn 6.22 Bn 79.76%
3 Vertex Pharmaceuticals 131.41 Bn 123.56 Bn 2.84 Bn 85.33%
4 Regeneron Pharmaceuticals 81.94 Bn 73.94 Bn 3.93 Bn 91.59%
5 Argenx Se 60.60 Bn 55.41 Bn 1.37 Bn 90.43%
6 Moderna 53.61 Bn 48.47 Bn 52.00 Mn 35.86%
7 Alnylam Pharmaceuticals 33.49 Bn 30.18 Bn 992.69 Mn 76.90%
8 Biogen 31.83 Bn 30.54 Bn 1.96 Bn 71.60%
9 Roivant Sciences 29.14 Bn 29.14 Bn 1.16 Mn 80.31%
10 Insmed 27.68 Bn 26.52 Bn 358.27 Mn 84.20%
Historic Data

Historic Data

Download Data
DateValue
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%