Amgen Inc.
AMGN
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 filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-01 against the comparable filing from 2025-05-02.
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
Depended on by
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.