Amgen (AMGN) reported D&A of $1.12B in Q1 2026.

How has Amgen's D&A changed year-over-year?

Amgen's D&A decreased by 19.5% year-over-year, from $1.39B to $1.12B.

What is the long-term trend for Amgen's D&A?

Over 4 years (2021 to 2025), Amgen's D&A has grown at a 11.0% compound annual growth rate (CAGR), from $3.4B to $5.17B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Amgen AMGN D&A

D&A at other companies

Eli LillyLLY

$509M+9.9%

PfizerPFE

$1.61B-0.3%

Regeneron PharmaceuticalsREGN

$123.2M-2.9%

Nektar TherapeuticsNKTR

$151K-64.6%

Oruka Therapeutics, Inc.ORKA

$43K+169%

Rigel PharmaceuticalsRIGL

$597K-1.2%

Other financials

Income statement

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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

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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

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Operating cash flow$2.2B+57.4%

CapEx$712.0M+73.2%

Free cash flow$1.5B+50.7%

Valuation

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Market cap$193.39B+29.6%

Enterprise value$250.16B+22.1%

P/E24.8×+2.3×

P/S5.2×+0.9×

Profitability

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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:DepreciationDepletionAndAmortization.

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

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Questions, answered.

What is Amgen's D&A?: Amgen (AMGN) reported D&A of $1.12B in Q1 2026.
How has Amgen's D&A changed year-over-year?: Amgen's D&A decreased by 19.5% year-over-year, from $1.39B to $1.12B.
What is the long-term trend for Amgen's D&A?: Over 4 years (2021 to 2025), Amgen's D&A has grown at a 11.0% compound annual growth rate (CAGR), from $3.4B to $5.17B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.