Amgen's Income Statement Analysis: Revenue to Profit Breakdown
Amgen's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$25.98 B | $26.32 B | $28.19 B | $33.42 B | $36.75 B | $37.24 B |
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Cost of Revenue Direct cost of goods/services. |
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$6.45 B | $6.41 B | $8.42 B | $12.86 B | $6.42 B | $10.63 B |
Gross Profit Revenue minus cost of revenue. |
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$19.53 B | $19.92 B | $19.78 B | $20.57 B | $30.33 B | $26.61 B |
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Operating Expense
Costs to run business. |
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$11.89 B | $10.35 B | $11.84 B | $13.31 B | $15.44 B | $14.83 B |
Research and Development Investment in innovation. |
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$4.82 B | $4.43 B | $4.78 B | $5.96 B | $7.27 B | $7.51 B |
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Sales, General and Administrative
Selling and admin costs. |
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$5.37 B | $5.41 B | $6.18 B | $7.10 B | $7.05 B | $6.95 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$1.70 B | $503.00 M | $879.00 M | $248.00 M | $1.12 B | $369.00 M |
Operating Income Profit from operations. |
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$7.64 B | $9.57 B | $7.90 B | $7.26 B | $14.89 B | $11.78 B |
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Net Interest Income
Interest income minus expense. |
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-$1.20 B | -$1.41 B | -$2.88 B | -$3.16 B | -$2.76 B | -$2.70 B |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$1.20 B | $1.41 B | $2.88 B | $3.16 B | $2.76 B | $2.70 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$259.00 M | $814.00 M | -$2.83 B | -$506.00 M | $3.14 B | -$1.79 B |
Total Other Income (Net) Net non-operating items. |
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-$938.00 M | -$2.22 B | -$42.00 M | -$2.65 B | -$5.92 B | -$2.69 B |
Income Before Tax Profit before taxes. |
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$6.70 B | $7.35 B | $7.86 B | $4.61 B | $8.98 B | $9.09 B |
Income Tax Expense Taxes on income. |
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$808.00 M | $794.00 M | $1.14 B | $519.00 M | $1.27 B | $1.29 B |
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Net Income
Final profit. |
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$5.89 B | $6.55 B | $6.72 B | $4.09 B | $7.71 B | $7.80 B |
Net Income From Continuing Operations Profit from core business. |
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$5.89 B | $6.55 B | $6.72 B | $4.09 B | $7.71 B | $7.80 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$10.34 | $12.18 | $12.56 | $7.56 | $14.33 | $14.48 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$10.28 | $12.11 | $12.49 | $7.56 | $14.23 | $14.37 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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570.00 M | 538.00 M | 535.00 M | 541.00 M | 538.00 M | 540.00 M |
Diluted Average Shares Outst. Shares including dilution. |
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573.00 M | 541.00 M | 538.00 M | 541.00 M | 542.00 M | 544.00 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$7.90 B | $8.75 B | $10.73 B | $7.76 B | $11.75 B | $13.57 B |
EBITDA Earnings before interest, tax, D&A. |
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$11.30 B | $12.17 B | $14.80 B | $13.36 B | $17.13 B | $17.35 B |
Depreciation and Amortization Non-cash expense for assets. |
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$3.40 B | $3.42 B | $4.07 B | $5.59 B | $5.38 B | $3.78 B |
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Amgen's Assets vs Liabilities & Equity
Amgen's Assets vs Liabilities & Equity
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