Amgen (AMGN) Tax Provisions (2009 - 2026)
Amgen (AMGN) posted Tax Provisions of $393 million for Q2 2026, up 189.0% from $136 million a year earlier and up 48.3% from the prior quarter.
Amgen (AMGN) Tax Provisions (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Amgen was $1.54 billion, up 91.8% year-over-year; for FY2025, it came in at $1.27 billion, up 143.7% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In prior years, Amgen's Tax Provisions was $519 million in FY2024 (-54.4%), $1.14 billion in FY2023 (+43.3%), $794 million in FY2022 (-1.7%) and $808 million in FY2021 (-7.0%).
- Quarterly Tax Provisions has run from a low of $45 million in Q1 2024 to a high of $705 million in Q3 2025 over five years.
- On a year-over-year basis, Tax Provisions has increased in each of the last eight quarters, with growth averaging 138.2% over the last eight quarters.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q1 2025, with growth of 440.0%; the weakest was Q1 2024, with a decline of 92.5%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $265 million (Q1 2026), $181 million (Q4 2025) and $705 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 2.15 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 1.21 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 662.00 Mn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 654.00 Mn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | -1.01 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | -291.00 Mn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 393.00 Mn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 242.00 Mn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | -407.00 Mn |
| 10 | Vertex Pharmaceuticals | 127.87 Bn | 99.88 Bn | 2.84 Bn | 292.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 393.00 Mn |
| 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 |
Amgen Tax Provisions 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=tax-provisions&ticker=AMGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();