Amgen (AMGN) Operating Income (2009 - 2026)
Amgen's Operating Income came in at $3.51 billion for Q2 2026, up 32.3% from $2.66 billion a year earlier and up 31.8% from the prior quarter.
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Analysis
Amgen (AMGN) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Amgen reported Operating Income of $11.43 billion, up 39.5% year-over-year; for FY2025, it was $9.08 billion, up 25.1% from FY2024.
- Operating Income carries a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by year, Operating Income was $7.26 billion in FY2024 (-8.1%), $7.9 billion in FY2023 (-17.4%), $9.57 billion in FY2022 (+25.2%) and $7.64 billion in FY2021 (-16.4%).
- The Q2 2026 figure represents the highest quarterly Operating Income in data going back to Q1 2009.
- Year-over-year, Operating Income has increased for eight consecutive quarters, with growth averaging 42.6% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q2 2022 (growth of 162.8%), and the weakest in Q1 2024 (a decline of 48.4%).
- Business Quant data shows AMGN's Operating Income at $2.67 billion (Q1 2026), $2.72 billion (Q4 2025) and $2.53 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 7.14 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 6.43 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -584.00 Mn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 4.75 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 3.16 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 3.51 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -10.39 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 4.27 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 1.25 Bn |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn | 360.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51 Bn |
| Mar 31, 2026 | 2.67 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Sep 30, 2025 | 2.53 Bn |
| Jun 30, 2025 | 2.66 Bn |
| Mar 31, 2025 | 1.18 Bn |
| Dec 31, 2024 | 2.31 Bn |
| Sep 30, 2024 | 2.05 Bn |
| Jun 30, 2024 | 1.91 Bn |
| Mar 31, 2024 | 991.00 Mn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 2.02 Bn |
| Jun 30, 2023 | 2.68 Bn |
| Mar 31, 2023 | 1.92 Bn |
| Dec 31, 2022 | 2.23 Bn |
| Sep 30, 2022 | 2.66 Bn |
| Jun 30, 2022 | 2.18 Bn |
| Mar 31, 2022 | 2.50 Bn |
| Dec 31, 2021 | 2.30 Bn |
| Sep 30, 2021 | 2.38 Bn |
API Access
Amgen Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "AMGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();