What is Amgen's deferred taxes?

Amgen (AMGN) reported deferred taxes of -$176M in Q1 2026.

How has Amgen's deferred taxes changed year-over-year?

Amgen's deferred taxes increased by 29.6% year-over-year, from -$250M to -$176M.

What is the long-term trend for Amgen's deferred taxes?

Over 4 years (2021 to 2025), Amgen's deferred taxes has grown at a 12.3% compound annual growth rate (CAGR), from -$453M to -$721M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Amgen AMGN Deferred Taxes

Deferred Taxes at other companies

Eli LillyLLY

$1.48B+277%

PfizerPFE

-$12M+98.2%

Rigel PharmaceuticalsRIGL

$2.57M—

Jazz PharmaceuticalsJAZZ

-$66.2M-51.1%

AnaptysBio, Inc.ANAB

$0+100%

AbbVieABBV

$137M+589%

Segments

By segment

See full

Reportable Segment$265M+9.1%

Other financials

Income statement

See full

Revenue$8.6B+5.8%

Gross profit$5.9B+13.4%

Operating income$2.7B+126%

Net income$1.8B+5.1%

EPS (diluted)$3.34+4.4%

Balance sheet

See full

Cash & equivalents$559.0M+10.0%

Total debt$57.3B-0.1%

Total equity$9.2B+48.1%

Total assets$92.5B+3.5%

Cash flow

See full

Operating cash flow$2.2B+57.4%

CapEx$712.0M+73.2%

Free cash flow$1.5B+50.7%

Valuation

See full

Market cap$195.44B+34.6%

Enterprise value$252.2B+25.7%

P/E25.1×+3.1×

P/S5.3×+1.1×

Profitability

See full

Gross margin68.3%+5.3pp

Operating margin28.4%+6.6pp

Net margin21%+3.6pp

FCF margin23.1%-8.9pp

Returns & leverage

See full

Return on equity101.3%-4.4pp

Debt / equity6.2×-3.0×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by Amgen in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxesAndTaxCredits.

The official record: Amgen’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Amgen's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Amgen's deferred taxes?: Amgen (AMGN) reported deferred taxes of -$176M in Q1 2026.
How has Amgen's deferred taxes changed year-over-year?: Amgen's deferred taxes increased by 29.6% year-over-year, from -$250M to -$176M.
What is the long-term trend for Amgen's deferred taxes?: Over 4 years (2021 to 2025), Amgen's deferred taxes has grown at a 12.3% compound annual growth rate (CAGR), from -$453M to -$721M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.