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Filing Flows › Amgen (AMGN) › Q2 2026 › vs Q1 2026

Amgen (AMGN) Q2 2026 vs Q1 2026 (quarter over quarter)

Amgen's revenue rose $1.4B (+17%) from $8.6B in Q1 2026 to $10.1B in Q2 2026. Operating margin 35.0% against 30.9% (+4.0 pts).

Amgen, Q2 2026: revenue $10.1B (+10% year over year), operating margin 35.0%, net earnings $2.4B, operating cash flow $4.0B. The chart draws each line against Q1 2026, the increases inside each band.

Amgen: what changed, Q2 2026 vs Q1 2026Amgen: what changed, Q2 2026 vs Q1 2026Operating cash flow$1.8BWorking capital & other$1.2BOperating profit$848MPre-tax earnings$684MCosts & expenses$588MNet earnings$556MOther expense, net$164MIncome tax$128MShare-based compensation$90.0MDepreciation & amortization−$4.0M

Margins

Q2 2026Q1 2026Change
Operating margin35.0%30.9%+4.0 pts
Net margin23.6%21.1%+2.5 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$10.1B$8.6B$1.4B+17%
Operating profit$3.5B$2.7B$848M+32%
Costs & expenses$6.5B$6.0B$588M+10%
Pre-tax earnings$2.8B$2.1B$684M+33%
Other expense, net$746M$582M$164M+28%
Net earnings$2.4B$1.8B$556M+31%
Income tax$393M$265M$128M+48%
Depreciation & amortization$1.1B$1.1B−$4.0M-0.4%
Share-based compensation$165M$75.0M$90.0M+120%
Working capital & other$350M−$821M$1.2B—
Operating cash flow$4.0B$2.2B$1.8B+83%

Questions

How much did Amgen's revenue grow quarter over quarter in Q2 2026?

Amgen's revenue rose $1.4B (+17%) from $8.6B in Q1 2026 to $10.1B in Q2 2026. Operating margin 35.0% against 30.9% (+4.0 pts).

Q2 2026 results → · Compare in the interactive Sankey →