Amgen AMGN Revenue Breakdown

NASDAQ AMGN
$478.48 +17.22 (+3.73%)
At close: Nov 4, 2026 · 4:00 PM EST
Annual revenue breakdowns for Amgen, fiscal 2009 to 2025, as reported in its filings.
Annual history

Amgen Revenue by Geography

Years FY 2009–2025
Lines 2
FY 2025 Total $36.75B

U.S was Amgen’s largest region in fiscal 2025, bringing in $26.42B of $36.75B (72%).

Amgen revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
U.S $18.60B $19.81B $23.86B $26.42B
Row $7.73B $8.38B $9.56B $10.33B
Total $26.32B $28.19B $33.42B $36.75B
Totals include 5 discontinued lines from earlier reporting.

Amgen revenue by geography: what the figures show

Amgen brought in $36.75B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 10.0% from $33.42B in fiscal 2024. U.S was the largest at $26.42B (71.9%), ahead of Row at $10.33B (28.1%).

Compared with fiscal 2024, U.S grew 10.7% to $26.42B and Row grew 8.1% to $10.33B. From fiscal 2022 to 2025, combined revenue from these regions grew from $26.32B to $36.75B, a compound annual growth rate of 11.8%. U.S's share of the total rose from 70.6% to 71.9%.

Annual history

Amgen Revenue by Customer

Years FY 2024
Lines 2
FY 2024 Total $33.45B

Mckesson Corporation was Amgen’s largest revenue line in fiscal 2024, bringing in $22.17B of $33.45B (66%).

Amgen revenue by customer, fiscal 2024 to 2024
Customer FY 2024
Mckesson Corporation $22.17B
Cardinal Health, Inc $11.28B
Total $33.45B

Amgen revenue by customer: what the figures show

Amgen brought in $33.45B from its two revenue lines in fiscal 2024, the year ended December 31, 2024. Mckesson Corporation was the largest at $22.17B (66.3%), ahead of Cardinal Health, Inc at $11.28B (33.7%).

Annual history

Amgen Revenue by Product & Service

Years FY 2009–2022
Lines 8
FY 2022 Total $26.32B

Product Sales was Amgen’s largest product and service line in fiscal 2022, bringing in $17.74B of $26.32B (67%).

Amgen revenue by product and service, fiscal 2009 to 2022
Product and Service FY 2009 FY 2011 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022
Product Sales — — — $17.74B
Enbrel — — $4.47B $4.04B
Xgeva — — $2.02B $1.48B
Other Revenues $1.16B $1.18B $1.68B $852.00M
Kyprolis $1.04B $1.07B $1.11B $850.00M
Nplate $795.00M $850.00M $1.03B $848.00M
Blincyto — — $472.00M $336.00M
Tezspire — — — $170.00M
Total $23.36B $25.42B $25.98B $26.32B
Totals include 21 discontinued lines from earlier reporting.

Amgen revenue by product and service: what the figures show

Amgen brought in $26.32B from its eight product and service lines in fiscal 2022, the year ended December 31, 2022. Amgen regrouped these lines after fiscal 2021, so the total does not compare directly with that year's $25.98B. Product Sales was the largest at $17.74B (67.4%), ahead of Enbrel at $4.04B (15.4%) and Xgeva at $1.48B (5.6%). The other five lines brought in $3.06B combined.

Compared with fiscal 2021, every line above 2% of revenue shrank. Enbrel held up best, down 9.4% to $4.04B, and Other Revenues fell the most, down 49.3% to $852.00M.

Amgen began breaking out Product Sales in fiscal 2022, Blincyto in fiscal 2021 and Tezspire in fiscal 2022. Amgen stopped reporting Other Products ($5.71B in fiscal 2021), Enbrel® (Etanercept) ($5.00B in fiscal 2020), Prolia ($3.25B in fiscal 2021) and 10 others as separate lines.

Questions

Amgen Revenue Breakdown FAQ

How does Amgen make money?

Amgen (AMGN) reports its revenue by geography, by customer and by product and service. In fiscal 2025, U.S was its largest region, bringing in $26.42B (71.9% of the total), followed by Row at $10.33B (28.1%).

What is Amgen's largest region?

U.S was Amgen's largest region in fiscal 2025, bringing in $26.42B, or 71.9% of the $36.75B total across its two regions.

What is Amgen's largest revenue line?

Mckesson Corporation was Amgen's largest revenue line in fiscal 2024, bringing in $22.17B, or 66.3% of the $33.45B total across its two revenue lines.

What is Amgen's largest product and service line?

Product Sales was Amgen's largest product and service line in fiscal 2022, bringing in $17.74B, or 67.4% of the $26.32B total across its eight product and service lines.

Which Amgen region is growing the fastest?

U.S grew faster than Row in fiscal 2025, up 10.7% from $23.86B to $26.42B. Row grew 8.1% to $10.33B.

Where does this revenue breakdown data come from?

Every figure comes from Amgen's annual financial filings, as reported. Each line keeps the name Amgen gives it, and years follow its fiscal calendar.

How far back does Amgen's revenue breakdown go?

Amgen's revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.