← AMGEN INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $23.0b $22.8b $23.7b $23.4b $25.4b $26.0b $26.3b $28.2b $33.4b $36.8b
Revenue from Contract with Customer, Including Assessed Tax $23.0b $22.8b $23.7b $23.4b $25.4b $26.0b $26.3b $28.2b $33.4b $36.8b
Cost of Revenue $4.2b $4.1b $4.1b $4.4b $6.2b $6.5b $6.4b $8.5b $12.9b $12.0b
Cost of sales $4.2b $4.1b $4.1b $4.4b $6.2b $6.5b $6.4b $8.5b $12.9b $12.0b
Gross Profit (Calculated) $18.8b $18.8b $19.6b $19.0b $19.3b $19.5b $19.9b $19.7b $20.6b $24.7b
Research and development $3.8b $3.6b $3.7b $4.1b $4.2b $4.8b $4.4b $4.8b $6.0b $7.3b
Selling, general and administrative $5.1b $4.9b $5.3b $5.2b $5.7b $5.4b $5.4b $6.2b $7.1b $7.0b
Total operating expenses $13.2b $12.9b $13.5b $13.7b $16.3b $18.3b $16.8b $20.3b $26.2b $27.7b
Operating Income (Loss) $9.8b $10.0b $10.3b $9.7b $9.1b $7.6b $9.6b $7.9b $7.3b $9.1b
Additional Financial Items
Amortization of Intangible Assets $1.5b $1.3b $1.3b $1.4b $2.8b $2.6b $2.6b $3.2b $4.8b $4.3b
Basic (in shares) $748.0m $731.0m $661.0m $605.0m $586.0m $570.0m $538.0m $535.0m $537.0m $538.0m
Diluted (in shares) $754.0m $735.0m $665.0m $609.0m $590.0m $573.0m $541.0m $538.0m $541.0m $542.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — $4.0b $4.0b $8.2b
Income (Loss) from Equity Method Investments — — — — — — ($891.0m) ($11.0m) $10.0m —
Other $133.0m $375.0m $314.0m $66.0m $189.0m $194.0m $503.0m $879.0m $248.0m $1.3b
Other income, net $629.0m $928.0m $674.0m $753.0m $256.0m $259.0m ($814.0m) $2.8b $506.0m $2.7b
Provision for income taxes $1.4b $7.6b $1.2b $1.3b $869.0m $808.0m $794.0m $1.1b $519.0m $1.3b
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent — — — — — — — $222.0m $117.0m $231.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — — $7.9b $4.6b $9.0b
Total income before income taxes — — — — — — — $7.9b $4.6b $9.0b
Net Income (Loss) Attributable to Parent $7.7b $2.0b $8.4b $7.8b $7.3b $5.9b $6.6b $6.7b $4.1b $7.7b
Common Stock, Dividends, Per Share, Declared $10.32 $2.71 $5.41 $5.95 $6.56 $7.22 $7.95 $8.64 $9.13 $9.66
Earnings Per Share, Basic $10.32 $2.71 $12.70 $12.96 $12.40 $10.34 $12.18 $12.56 $7.62 $14.33
Earnings Per Share, Diluted $10.24 $2.69 $12.62 $12.88 $12.31 $10.28 $12.11 $12.49 $7.56 $14.23
Weighted Average Number of Shares Outstanding, Basic 748.0m 731.0m 661.0m 605.0m 586.0m 570.0m 538.0m 535.0m 537.0m 538.0m
Weighted Average Number of Shares Outstanding, Diluted 754.0m 735.0m 665.0m 609.0m 590.0m 573.0m 541.0m 538.0m 541.0m 542.0m
Costs and Expenses $13.2b $12.9b $13.5b $13.7b $16.3b $18.3b $16.8b $20.3b $26.2b $27.7b
Current Income Tax Expense (Benefit) $1.2b $8.9b $1.5b $1.6b $1.2b $1.2b $2.1b $2.4b $1.8b $2.0b
Interest Expense, Debt $1.3b $1.3b $1.4b $1.3b $1.3b $1.2b $1.4b $2.9b $3.2b $2.8b
Interest expense, net $1.3b $1.3b $1.4b $1.3b $1.3b ($1.2b) ($1.4b) ($2.9b) ($3.2b) ($2.8b)
Other General Expense $133.0m $375.0m $314.0m $66.0m $189.0m $194.0m $503.0m $879.0m $248.0m $1.3b
Restructuring Costs — — $12.0m — — — — — — —
Selling, General and Administrative Expense $5.1b $4.9b $5.3b $5.2b $5.7b $5.4b $5.4b $6.2b $7.1b $7.0b
Income Tax Expense (Benefit) $1.4b $7.6b $1.2b $1.3b $869.0m $808.0m $794.0m $1.1b $519.0m $1.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.