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
DateValue
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