Filing Flows

Filing Flows › Amgen (AMGN) › R&D spending

Amgen (AMGN) R&D spending by quarter

Amgen's R&D spending was $2.1B in Q3 2026 (third quarter 2026), +13% from Q2 2026. Over the last 6 quarters it ranged from $1.5B (Q1 2025) to $2.1B (Q4 2025).

Amgen R&D spending by quarterAmgen R&D spending by quarter$1.5BQ1 2025$1.7BQ2 2025$1.9BQ3 2025$2.1BQ4 2025$1.9BQ2 2026$2.1BQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$2.1B+13%+11%
Q2 2026$1.9B-13%+7%
Q4 2025$2.1B+13%—
Q3 2025$1.9B+9%—
Q2 2025$1.7B+17%—
Q1 2025$1.5B——

Q3 2026 at a glance

Amgen, Q3 2026: revenue $10.4B (+8% year over year), operating margin 35.8%, net earnings $3.9B, operating cash flow $4.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Amgen's R&D spending?

Amgen's R&D spending was $2.1B in Q3 2026 (third quarter 2026), +13% from Q2 2026.

How has Amgen's R&D spending changed?

Over the last 6 quarters it ranged from $1.5B (Q1 2025) to $2.1B (Q4 2025).

Q3 2026 results → · How Amgen makes money →