Amgen (AMGN) Net Margin (2009 - 2026)
Amgen (AMGN) posted Net Margin of 23.62% for Q2 2026, up 11.92% on a QoQ basis from 21.11% in Q1 2026, and up 802.0% year-over-year from 2.62% in Q2 2025.
Analysis
Amgen (AMGN) Net Margin (2009 - 2026) Analysis & Trends
Amgen has reported Net Margin for 18 years, with the latest figure at 23.62% in Q2 2026.
- On a quarterly basis, Net Margin rose 802.0% year-over-year to 23.62% in Q2 2026; TTM through Jun 2026 was 22.95%, a 399.0% increase from a year earlier, with the FY2025 full-year figure at 20.98%, up 875.0% from the prior year.
- Net Margin was 23.62% for Q2 2026 at Amgen, up from 21.11% 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 39.16%, with a median of 21.17% recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 32433 bps in 2022, then tumbled 34271 bps in 2023.
- Over 5 years, Net Margin stood at 352.07% in 2022, then plunged by 97 bps to 9.36% in 2023, then declined by 26 bps to 6.9% in 2024, then surged by 96 bps to 13.51% in 2025, then jumped by 75 bps to 23.62% in 2026.
- The last three Net Margin figures came in at 23.62% (Q2 2026), 21.11% (Q1 2026), and 13.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.34 Bn | 192.35 Bn | 7.24 Bn | 23.62% |
| 2 | Gilead Sciences | 180.06 Bn | 176.88 Bn | 6.22 Bn | -134.51% |
| 3 | Vertex Pharmaceuticals | 131.22 Bn | 123.37 Bn | 2.84 Bn | 32.99% |
| 4 | Regeneron Pharmaceuticals | 81.84 Bn | 73.84 Bn | 3.93 Bn | 30.23% |
| 5 | Argenx Se | 60.28 Bn | 55.09 Bn | 1.37 Bn | 31.16% |
| 6 | Moderna | 54.18 Bn | 49.05 Bn | 52.00 Mn | -539.31% |
| 7 | Alnylam Pharmaceuticals | 33.22 Bn | 29.91 Bn | 992.69 Mn | 12.74% |
| 8 | Biogen | 31.84 Bn | 30.56 Bn | 1.96 Bn | 3.56% |
| 9 | Roivant Sciences | 29.06 Bn | 29.06 Bn | 1.16 Mn | -20,152.98% |
| 10 | Insmed | 27.58 Bn | 26.42 Bn | 358.27 Mn | -3.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.62% |
| 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% |