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Amgen AMGN Change in Accrued Sales Incentives

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Other financials

Income statement

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Revenue$10.1B+9.5%
Gross profit$7.2B+17.4%
Operating income$3.5B+32.3%
Net income$2.4B+65.9%
EPS (diluted)$4.37+64.9%

Balance sheet

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Cash & equivalents$574.0M+5.9%
Total debt$57.3B+2.0%
Total equity$11.7B+57.4%
Total assets$95.6B+8.8%

Cash flow

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Operating cash flow$4.0B+75.5%
CapEx$513.0M+39.0%
Free cash flow$3.5B+82.6%

Valuation

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Market cap$222.32B+43.3%
Enterprise value$279.05B+32.4%
P/E25.4×+2.0×
P/S5.8×+1.4×

Profitability

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Gross margin69.5%+5.0pp
Operating margin30%+6.5pp
Net margin23%+4.0pp
FCF margin26.7%-3.7pp

Returns & leverage

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Return on equity91.5%-7.7pp
Debt / equity4.9×-2.7×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Amgen in its filing.

Tagged under the XBRL concept amgn:IncreaseDecreaseInSalesIncentivesAndAllowance.

The source filing: Amgen’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000318154-26-000126
Line itemSix months ended June 30, 2026Six months ended June 30, 2025
Accrued income taxes, net(60)(2,313)
Long-term tax liabilities148162
Accrued liabilities(58)(50)
Accrued sales incentives and allowance2781,113
Other liabilities(107)(70)
Net cash provided by operating activities6,1913,671
Cash flows from investing activities:
Purchases of property, plant and equipment(1,225)(780)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Amgen's change in accrued sales incentives?
Amgen (AMGN) reported change in accrued sales incentives of $1.12B in Q2 2026.
How has Amgen's change in accrued sales incentives changed year-over-year?
Amgen's change in accrued sales incentives increased by 78.1% year-over-year, from $627M to $1.12B.
What is the long-term trend for Amgen's change in accrued sales incentives?
Over 3 years (2021 to 2024), Amgen's change in accrued sales incentives has grown at a 43.5% compound annual growth rate (CAGR), from $404M to $1.19B.
What does change in accrued sales incentives mean?
This metric tracks the change in liabilities related to rebates, discounts, and sales incentives offered to customers, such as wholesalers or pharmacy benefit managers. It is a critical indicator of the company's gross-to-net revenue adjustments and future cash outflows related to commercial contracts.

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