Amgen (AMGN) Tax Provisions (2009 - 2026)
Amgen (AMGN) posted Tax Provisions of $393.0 million for Q2 2026, up 48.3% on a QoQ basis from $265.0 million in Q1 2026, and up 188.97% year-over-year from $136.0 million in Q2 2025.
Analysis
Amgen (AMGN) Tax Provisions (2009 - 2026) Analysis & Trends
Amgen has reported Tax Provisions for 18 years, with the latest figure at $393.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 188.97% year-over-year to $393.0 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 91.8% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 143.74% from the prior year.
- Tax Provisions was $393.0 million for Q2 2026 at Amgen, up from $265.0 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 $243.0 million, with a median of $215.5 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 92.51% in 2024, then surged 440.0% in 2025.
- Over 5 years, Tax Provisions stood at $132.0 million in 2022, then tumbled by 35.61% to $85.0 million in 2023, then jumped by 82.35% to $155.0 million in 2024, then advanced by 16.77% to $181.0 million in 2025, then jumped by 117.13% to $393.0 million in 2026.
- The last three Tax Provisions figures came in at $393.0 million (Q2 2026), $265.0 million (Q1 2026), and $181.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 203.97 Bn | 189.99 Bn | 7.24 Bn | 393.00 Mn |
| 2 | Gilead Sciences | 178.74 Bn | 175.56 Bn | 6.22 Bn | 242.00 Mn |
| 3 | Vertex Pharmaceuticals | 130.73 Bn | 122.88 Bn | 2.84 Bn | 292.00 Mn |
| 4 | Regeneron Pharmaceuticals | 80.42 Bn | 72.42 Bn | 3.93 Bn | 230.90 Mn |
| 5 | Argenx Se | 60.40 Bn | 55.21 Bn | 1.37 Bn | -59.00 Mn |
| 6 | Moderna | 57.65 Bn | 52.52 Bn | 52.00 Mn | 15.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.37 Bn | 30.07 Bn | 992.69 Mn | 13.31 Mn |
| 8 | Biogen | 32.15 Bn | 30.86 Bn | 1.96 Bn | 34.90 Mn |
| 9 | Roivant Sciences | 29.58 Bn | 29.58 Bn | 1.16 Mn | -3.96 Mn |
| 10 | Insmed | 28.06 Bn | 26.90 Bn | 358.27 Mn | 1.90 Mn |
Historic Data
Download Data
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 |