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Amgen Inc.

AMGN

Healthcare · 385.21 -0.7% today

Jodie read · what matters now

Revenue increased 5.8% versus the comparable filing period.

The story is only the start. Jodie keeps watching the filing evidence, the companies connected to AMGN, and whether its market group begins moving.

Latest storyNo Struct brief yetJodie is monitoring new filings.
Disclosed connections35 verified links32 additional receipts in Pro
Organic co-movement groupBiopharmaceuticals and Care · ParticipantDiscovered from trading behaviour, not sector labels · Open group →

Latest filing assessment · baseline

Fundamentals strengthened in the latest filing

10-Q filed 2026-05-01 against the comparable filing from 2025-05-02.

constructive
OperationsconstructiveEvidence score +2
liquidityconstructiveEvidence score +1
valuationmixed

What improved

  • Revenue increased 5.8% versus the comparable filing period.
  • Operating margin improved 16.5 percentage points.
  • Operating cash flow covered net income at 1.20x, improving versus the comparable period.

What weakened

No thresholded deterioration was identified.

Filing receipts

39 Nonoperating expenses/income and income taxes Nonoperating expenses/income and income taxes were as follows (dollar amounts in millions): Three months ended March 31, 2026 2025 Interest expense, net $ (657) $ (723) Other income, net $ 75 $ 1,518 Provision for income taxes $ 265 $ 243 Effective tax rate 12.7 % 12.3 % Interest expense, net Interest expense, net, decreased for the three months ended March 31, 2026, primarily due to lower average debt outstanding driven by deleveraging in 2025 and, to a lesser extent, lower weighted-average fixed and floating interest rates on the debt.

Investing Cash used in investing activities during the three months ended March 31, 2026 and 2025, was primarily due to capital expenditures of $712 million and $411 million, respectively, including construction costs for new plants and expansion of manufacturing capacity.

35 ENBREL Total ENBREL sales by geographic region were as follows (dollar amounts in millions): Three months ended March 31, 2026 2025 Change ENBREL — U.S. $ 314 $ 504 (38) % ENBREL — Canada 6 6 — % Total ENBREL $ 320 $ 510 (37) % The decrease in ENBREL sales for the three months ended March 31, 2026 was primarily driven by unfavorable changes to estimated sales deductions of 18% and lower net selling price of 15% resulting from the impact of U.S.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Who this business touches

The relationships behind AMGN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

REGNRegeneron Pharmaceuticals, Inc.competitorFull receipt with Pro →
AZNAstraZeneca PLCpartnerFull receipt with Pro →

Depended on by

PODD21.0% of PODDcustomerFull receipt with Pro →

Filing peers

Companies whose filings use similar operating language.

You can see the shape of the network here. Pro opens 32 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →

What is moving around it

Live connections

AMGN is currently a Participant in the organic co-movement group Biopharmaceuticals and Care. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Theme membership history

No durable theme membership has been observed for this name yet.