Amgen (AMGN) Tax Provisions (2009 - 2026)
Amgen (AMGN) recorded quarterly Tax Provisions of $265.0 million in Q1 2026, up 46.41% quarter-over-quarter from $181.0 million in Q4 2025, and up 9.05% on a YoY basis from $243.0 million in Q1 2025.
Amgen (AMGN) Tax Provisions (2009 - 2026) Analysis & Trends
Amgen's Tax Provisions history runs 18 years deep, the most recent figure standing at $265.0 million for 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 was $265.0 million for Q1 2026 at Amgen, up from $181.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $705.0 million in Q3 2025 to a low of $45.0 million in Q1 2024.
- Historically, Tax Provisions has averaged $234.2 million across 5 years, with a median of $214.0 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions tumbled 92.51% in 2024, then jumped 440.0% in 2025.
- A 5-year view of Tax Provisions shows it stood at $132.0 million in 2022, then plunged by 35.61% to $85.0 million in 2023, then soared by 82.35% to $155.0 million in 2024, then gained by 16.77% to $181.0 million in 2025, then surged by 46.41% to $265.0 million in 2026.
- The last three Tax Provisions figures came in at $265.0 million (Q1 2026), $181.0 million (Q4 2025), and $705.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -411.19 Mn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 1.45 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 755.00 Mn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 342.00 Mn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 709.00 Mn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 265.00 Mn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 559.00 Mn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 461.00 Mn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 561.00 Mn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
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 |