Amgen (AMGN) Tax Provisions (2009 - 2026)
Amgen (AMGN) posted quarterly Tax Provisions of $265.0 million for Q1 2026, up 9.05% year-over-year from $243.0 million in Q1 2025, and up 46.41% on a QoQ basis from $181.0 million in Q4 2025.
Amgen (AMGN) Tax Provisions (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported Tax Provisions for 18 consecutive years, with $265.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 9.05% year-over-year to $265.0 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 79.5% YoY), while the FY2025 annual figure was $1.3 billion, up 143.74% from the prior year.
- Tax Provisions came in at $265.0 million for Q1 2026 at Amgen, up from $181.0 million in the prior quarter.
- The five-year high for Tax Provisions was $705.0 million in Q3 2025, with the low at $45.0 million in Q1 2024.
- Average Tax Provisions over 5 years is $234.2 million, with a median of $214.0 million recorded in 2022.
- Across the five-year window, Tax Provisions plunged 92.51% in 2024 and jumped 440.0% in 2025, its largest moves.
- Year by year, Tax Provisions stood at $132.0 million in 2022, then sank by 35.61% to $85.0 million in 2023, then soared by 82.35% to $155.0 million in 2024, then grew by 16.77% to $181.0 million in 2025, then surged by 46.41% to $265.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $265.0 million, $181.0 million, and $705.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 1.45 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 755.00 Mn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 342.00 Mn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 3.08 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 709.00 Mn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 265.00 Mn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 559.00 Mn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 461.00 Mn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | -683.00 Mn |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 58.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 265.00 Mn |
| Dec 31, 2025 | 181.00 Mn |
| Sep 30, 2025 | 705.00 Mn |
| Jun 30, 2025 | 136.00 Mn |
| Mar 31, 2025 | 243.00 Mn |
| Dec 31, 2024 | 155.00 Mn |
| Sep 30, 2024 | 271.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 85.00 Mn |
| Sep 30, 2023 | 217.00 Mn |
| Jun 30, 2023 | 235.00 Mn |
| Mar 31, 2023 | 601.00 Mn |
| Dec 31, 2022 | 132.00 Mn |
| Sep 30, 2022 | 249.00 Mn |
| Jun 30, 2022 | 214.00 Mn |
| Mar 31, 2022 | 199.00 Mn |
| Dec 31, 2021 | 232.00 Mn |
| Sep 30, 2021 | 271.00 Mn |
| Jun 30, 2021 | 94.00 Mn |