Amgen annual gross margin
2011
2012
2013
2014
2015
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2023
2024
2025
Amgen Gross Margin Growth & History (AMGN)
Amgen's gross margin was 67.25% for fiscal 2025.
View full Amgen company overviewAmgen annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 67.25% | +5.72 pp |
| 2024 | 2024-12-31 | 61.53% | −8.49 pp |
| 2023 | 2023-12-31 | 70.02% | −5.64 pp |
| 2022 | 2022-12-31 | 75.66% | +0.51 pp |
| 2021 | 2021-12-31 | 75.16% | −0.62 pp |
| 2020 | 2020-12-31 | 75.77% | −5.58 pp |
| 2019 | 2019-12-31 | 81.35% | −1.38 pp |
| 2018 | 2018-12-31 | 82.73% | +0.54 pp |
| 2017 | 2017-12-31 | 82.19% | +0.29 pp |
| 2016 | 2016-12-31 | 81.90% | +1.41 pp |
| 2015 | 2015-12-31 | 80.49% | +2.53 pp |
| 2014 | 2014-12-31 | 77.96% | −4.12 pp |
| 2013 | 2013-12-31 | 82.08% | +0.61 pp |
| 2012 | 2012-12-31 | 81.47% | −1.15 pp |
| 2011 | 2011-12-31 | 82.62% | — |
Amgen quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 72.04% | +4.84 pp |
| Q1 2026 | 2026-03-31 | 68.16% | +4.58 pp |
| Q4 2025 | 2025-12-31 | 69.84% | +4.09 pp |
| Q3 2025 | 2025-09-30 | 67.75% | +6.68 pp |
| Q2 2025 | 2025-06-30 | 67.20% | +5.78 pp |
| Q1 2025 | 2025-03-31 | 63.58% | +6.55 pp |
| Q4 2024 | 2024-12-31 | 65.75% | +3.72 pp |
| Q3 2024 | 2024-09-30 | 61.07% | −12.76 pp |
| Q2 2024 | 2024-06-30 | 61.42% | −12.63 pp |
| Q1 2024 | 2024-03-31 | 57.03% | −14.80 pp |
| Q4 2023 | 2023-12-31 | 62.03% | −12.43 pp |
| Q3 2023 | 2023-09-30 | 73.84% | −2.29 pp |
| Q2 2023 | 2023-06-30 | 74.05% | −3.05 pp |
| Q1 2023 | 2023-03-31 | 71.83% | −3.15 pp |
| Q4 2022 | 2022-12-31 | 74.46% | −0.45 pp |
| Q3 2022 | 2022-09-30 | 76.13% | +0.12 pp |
| Q2 2022 | 2022-06-30 | 77.10% | +2.18 pp |
| Q1 2022 | 2022-03-31 | 74.98% | +0.23 pp |
| Q4 2021 | 2021-12-31 | 74.91% | +3.50 pp |
| Q3 2021 | 2021-09-30 | 76.01% | +5.28 pp |
| Q2 2021 | 2021-06-30 | 74.92% | +3.69 pp |
| Q1 2021 | 2021-03-31 | 74.75% | +3.64 pp |
| Q4 2020 | 2020-12-31 | 71.40% | −3.28 pp |
| Q3 2020 | 2020-09-30 | 70.73% | −6.44 pp |
| Q2 2020 | 2020-06-30 | 71.22% | −6.48 pp |
| Q1 2020 | 2020-03-31 | 71.11% | −5.03 pp |
| Q4 2019 | 2019-12-31 | 74.68% | −4.05 pp |
| Q3 2019 | 2019-09-30 | 77.17% | +1.40 pp |
| Q2 2019 | 2019-06-30 | 77.70% | +0.88 pp |
| Q1 2019 | 2019-03-31 | 76.14% | −3.07 pp |
| Q4 2018 | 2018-12-31 | 78.73% | −2.25 pp |
| Q3 2018 | 2018-09-30 | 75.76% | −1.55 pp |
| Q2 2018 | 2018-06-30 | 76.83% | −1.49 pp |
| Q1 2018 | 2018-03-31 | 79.20% | +2.28 pp |
| Q4 2017 | 2017-12-31 | 80.98% | −0.17 pp |
| Q3 2017 | 2017-09-30 | 77.31% | +0.06 pp |
| Q2 2017 | 2017-06-30 | 78.31% | +0.54 pp |
| Q1 2017 | 2017-03-31 | 76.92% | +0.55 pp |
| Q4 2016 | 2016-12-31 | 81.16% | +1.26 pp |
| Q3 2016 | 2016-09-30 | 77.25% | −1.07 pp |
| Q2 2016 | 2016-06-30 | 77.78% | +0.76 pp |
| Q1 2016 | 2016-03-31 | 76.37% | +0.05 pp |
| Q4 2015 | 2015-12-31 | 79.90% | +2.09 pp |
| Q3 2015 | 2015-09-30 | 78.32% | −0.46 pp |
| Q2 2015 | 2015-06-30 | 77.02% | −2.11 pp |
| Q1 2015 | 2015-03-31 | 76.32% | +0.43 pp |
| Q4 2014 | 2014-12-31 | 77.81% | −0.75 pp |
| Q3 2014 | 2014-09-30 | 78.77% | −2.50 pp |
| Q2 2014 | 2014-06-30 | 79.13% | −2.30 pp |
| Q1 2014 | 2014-03-31 | 75.89% | −4.50 pp |
| Q4 2013 | 2013-12-31 | 78.56% | −0.18 pp |
| Q3 2013 | 2013-09-30 | 81.28% | +1.95 pp |
| Q2 2013 | 2013-06-30 | 81.43% | +4.41 pp |
| Q1 2013 | 2013-03-31 | 80.39% | +2.55 pp |
| Q4 2012 | 2012-12-31 | 78.74% | −4.47 pp |
| Q3 2012 | 2012-09-30 | 79.32% | −3.64 pp |
| Q2 2012 | 2012-06-30 | 77.02% | −6.11 pp |
| Q1 2012 | 2012-03-31 | 77.84% | −4.57 pp |
| Q4 2011 | 2011-12-31 | 83.21% | −1.58 pp |
| Q3 2011 | 2011-09-30 | 82.96% | −0.16 pp |
| Q2 2011 | 2011-06-30 | 83.13% | +2.69 pp |
| Q1 2011 | 2011-03-31 | 82.41% | −1.67 pp |
| Q4 2010 | 2010-12-31 | 84.79% | −0.84 pp |
| Q3 2010 | 2010-09-30 | 83.12% | −0.59 pp |
| Q2 2010 | 2010-06-30 | 80.44% | −3.13 pp |
| Q1 2010 | 2010-03-31 | 84.08% | +0.61 pp |
| Q4 2009 | 2009-12-31 | 85.63% | — |
| Q3 2009 | 2009-09-30 | 83.71% | — |
| Q2 2009 | 2009-06-30 | 83.57% | — |
| Q1 2009 | 2009-03-31 | 83.46% | — |
Amgen gross margin trends
Over the last five fiscal years, Amgen's gross margin decreased from 75.77% to 67.25%, a change of −8.53 percentage points. The latest reported quarter, Q2 2026, shows 72.04%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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