Amgen (AMGN) Net Margin (2009 - 2026)

Amgen (AMGN) posted quarterly Net Margin of 21.11% for Q1 2026, down 12.0% year-over-year from 23.99% in Q1 2025, and up 56.22% on a QoQ basis from 13.51% in Q4 2025.

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

Amgen (AMGN) has reported Net Margin for 18 consecutive years, with 21.11% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin fell 12.0% year-over-year to 21.11%; the TTM figure through Mar 2026 stood at 20.96% (up 357.0% YoY), while the FY2025 annual figure was 20.98%, up 875.0% from the prior year.
  • Net Margin came in at 21.11% for Q1 2026 at Amgen, up from 13.51% in the prior quarter.
  • The five-year high for Net Margin was 352.07% in Q4 2022, with the low at 1.52% in Q1 2024.
  • Average Net Margin over 5 years is 40.07%, with a median of 21.11% recorded in 2026.
  • Across the five-year window, Net Margin soared 32433 bps in 2022 and sank 34271 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 352.07% in 2022, then slumped by 97 bps to 9.36% in 2023, then retreated by 26 bps to 6.9% in 2024, then jumped by 96 bps to 13.51% in 2025, then surged by 56 bps to 21.11% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 21.11%, 13.51%, and 33.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 37.36%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 21.76%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 4.65%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 329.02%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -25.84%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 21.11%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 29.04%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -0.56%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 12.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.11%
Dec 31, 2025 13.51%
Sep 30, 2025 33.65%
Jun 30, 2025 15.60%
Mar 31, 2025 21.23%
Dec 31, 2024 6.90%
Sep 30, 2024 33.28%
Jun 30, 2024 8.89%
Mar 31, 2024 -1.52%
Dec 31, 2023 9.36%
Sep 30, 2023 25.06%
Jun 30, 2023 19.74%
Mar 31, 2023 46.54%
Dec 31, 2022 352.07%
Sep 30, 2022 32.22%
Jun 30, 2022 19.97%
Mar 31, 2022 23.66%
Dec 31, 2021 27.74%
Sep 30, 2021 28.09%
Jun 30, 2021 7.11%