Gross Profit for Amgen (AMGN)
According to Amgen's latest reported financial statements, the company's current gross profit (TTM) is $25.92B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AMGN
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$25.92B
YoY change
+26.5%
5Y CAGR
+6.2%
Peak year (2025)
$26.01B
Cumulative gross profit
$393.22B
Gross Profit history chart for Amgen (AMGN) from 1985 to 2025
Gross Profit history table for Amgen (AMGN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $26.01B | +26.5% | ||
| 2024 | $20.57B | +4.0% | ||
| 2023 | $19.77B | -0.7% | ||
| 2022 | $19.92B | +2.0% | ||
| 2021 | $19.52B | +1.3% | ||
| 2020 | $19.27B | +1.4% | ||
| 2019 | $19.01B | -3.3% | ||
| 2018 | $19.65B | +4.6% | ||
| 2017 | $18.78B | -0.3% | ||
| 2016 | $18.83B | +8.0% | ||
| 2015 | $17.43B | +11.5% | ||
| 2014 | $15.64B | +2.0% | ||
| 2013 | $15.33B | +6.9% | ||
| 2012 | $14.35B | +9.1% | ||
| 2011 | $13.15B | +2.5% | ||
| 2010 | $12.83B | +2.2% | ||
| 2009 | $12.55B | -1.2% | ||
| 2008 | $12.71B | +4.0% | ||
| 2007 | $12.22B | +0.4% | ||
| 2006 | $12.17B | +17.6% | ||
| 2005 | $10.35B | +17.3% | ||
| 2004 | $8.82B | +25.7% | ||
| 2003 | $7.02B | +46.5% | ||
| 2002 | $4.79B | +34.0% | ||
| 2001 | $3.57B | +9.9% | ||
| 2000 | $3.25B | +9.2% | ||
| 1999 | $2.98B | +22.0% | ||
| 1998 | $2.44B | +12.9% | ||
| 1997 | $2.16B | +7.3% | ||
| 1996 | $2.02B | +17.5% | ||
| 1995 | $1.72B | +17.8% | ||
| 1994 | $1.46B | +22.8% | ||
| 1993 | $1.19B | +27.6% | ||
| 1992 | $929.10M | +57.8% | ||
| 1991 | $588.60M | +235.0% | ||
| 1990 | $175.70M | — | ||
| 1988 | $26.20M | +197.7% | ||
| 1987 | $8.80M | +10.0% | ||
| 1986 | $8.00M | -66.1% | ||
| 1985 | $23.60M | — |
Gross Profit values are taken from Amgen's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for Amgen (AMGN) came in at $26.01B – grew 26.5% year-over-year.
Over 2020–2025 (5 years), Amgen gross profit expanded at a +6.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
The dataset's maximum gross profit sits at $26.01B (2025); the minimum reading of $8.00M dates to 1986.
Amgen (AMGN) sits 8th of 8 Healthcare peers we track on this metric, against a peer median of $53.80B.
Amgen Gross Profit by Year
Amgen Gross Profit 2025: $26.01B
Amgen gross profit in 2025 was $26.01B, grew 26.5% from 2024. This figure represents the highest annual value in the available history.
Amgen Gross Profit 2024: $20.57B
Amgen gross profit in 2024 was $20.57B, edged up 4.0% from 2023.
Amgen Gross Profit 2023: $19.77B
Amgen gross profit in 2023 was $19.77B, edged down 0.7% below 2022.
Amgen Gross Profit 2022: $19.92B
Amgen gross profit in 2022 was $19.92B, edged up 2.0% from 2021.
Amgen Gross Profit 2021: $19.52B
Amgen gross profit in 2021 was $19.52B.
See more financial history for Amgen (AMGN).
Sector peers — Gross Profit
Companies in the same sector as Amgen, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $250.28B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $82.92B | Healthcare |
| Johnson & Johnson (JNJ) | $68.56B | Healthcare |
| Eli Lilly and Company (LLY) | $54.62B | Healthcare |
| Merck & Co., Inc. (MRK) | $52.98B | Healthcare |
| AstraZeneca PLC (AZN) | $48.11B | Healthcare |
| AbbVie Inc. (ABBV) | $42.96B | Healthcare |
| Thermo Fisher Scientific Inc. (TMO) | $16.78B | Healthcare |
Frequently asked questions
What is Amgen's gross profit?
- Latest reported gross profit for Amgen (AMGN) is $25.92B (period ending December 31, 2025).
How has Amgen gross profit changed year-over-year?
- Amgen (AMGN) gross profit changed +26.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Amgen gross profit?
- Amgen (AMGN) gross profit compound annual growth rate is +6.2% over the most recent 5 years available.
When did Amgen gross profit hit its highest annual value?
- Amgen gross profit reached its highest annual value of $26.01B in 2025.
What was Amgen gross profit in 2024?
- Amgen (AMGN) gross profit in 2024 was $20.57B.
What was Amgen gross profit in 2025?
- Amgen (AMGN) gross profit in 2025 was $26.01B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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