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Amgen AMGN Impairment Charges

Impairment Charges at other companies

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Revolution Medicines, Inc.RVMD

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$14.0B+2,481%
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$204.48B+25.9%
Enterprise value$247.79B+13.7%
P/E23.4×-1.1×
P/S5.4×+0.7×

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:ImpairmentOfIntangibleAssetsExcludingGoodwill.

The source filing: Amgen’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 7:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000318154-26-000057
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Net income$1,819$1,730
Noncash adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and other1,1161,387
Impairment of intangible assets800
Stock-based compensation expense7585
Deferred income taxes(176)(250)
Loss (gain) on equity securities143(1,295)
Other items, net(67)(50)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Amgen's impairment charges?
Amgen (AMGN) reported impairment charges of $0 in Q1 2026.
How has Amgen's impairment charges changed year-over-year?
Amgen's impairment charges decreased by 100.0% year-over-year, from $800M to $0.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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