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Amgen AMGN Business Segments — Cost of Sales

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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$220.64B+44.0%
Enterprise value$277.37B+32.8%
P/E25.2×+2.1×
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 us-gaap:CostOfGoodsAndServicesSold.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Other revenues517408917684
Total revenues10,0549,17918,67217,328
Less:
Manufacturing cost of sales(1)(2)2,1392,4844,3195,012
Profit share and royalties in cost of sales(1)6725271,236967
Research and development(1)1,8681,7443,5873,230
Sales and marketing(1)1,1551,1372,2892,203
General and administrative(1)5905541,0581,175

Item 1. FINANCIAL STATEMENTS

FAQ

What is Amgen's business segments — cost of sales?
Amgen (AMGN) reported business segments — cost of sales of $2.14B in Q2 2026.
How has Amgen's business segments — cost of sales changed year-over-year?
Amgen's business segments — cost of sales decreased by 13.9% year-over-year, from $2.48B to $2.14B.
What does business segments — cost of sales mean?
Includes the direct costs associated with the manufacturing, production, and distribution of the company's therapeutic products. This encompasses raw materials, labor, and overhead directly tied to the production of biologics. Monitoring this metric is essential for assessing the efficiency of the company's supply chain and manufacturing processes.

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