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Amgen (AMGN) Research & Development (2016 - 2025)

Amgen (AMGN) has 17 years of Research & Development data on record, last reported at $2.1 billion in Q4 2025.

  • For Q4 2025, Research & Development rose 24.25% year-over-year to $2.1 billion; the TTM value through Dec 2025 reached $7.3 billion, up 21.93%, while the annual FY2025 figure was $7.3 billion, 21.93% up from the prior year.
  • Research & Development reached $2.1 billion in Q4 2025 per AMGN's latest filing, up from $1.9 billion in the prior quarter.
  • Across five years, Research & Development topped out at $2.1 billion in Q4 2025 and bottomed at $959.0 million in Q1 2022.
  • Average Research & Development over 5 years is $1.4 billion, with a median of $1.3 billion recorded in 2021.
  • Peak YoY movement for Research & Development: decreased 21.8% in 2022, then surged 34.38% in 2024.
  • A 5-year view of Research & Development shows it stood at $1.3 billion in 2021, then dropped by 1.78% to $1.3 billion in 2022, then rose by 15.86% to $1.5 billion in 2023, then rose by 12.39% to $1.7 billion in 2024, then increased by 24.25% to $2.1 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $2.1 billion in Q4 2025, $1.9 billion in Q3 2025, and $1.7 billion in Q2 2025.