StockWatch
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Biotechnology: Biological Products (No Diagnostic Substances)
Quarterly ResultMar 30, 2026, 04:13 AM

Amgen Reports Q3 2025 Results: Revenue Up 12% to $9.6 Billion, GAAP EPS Up 14%

AI Summary

Amgen announced its Q3 2025 financial results, reporting a 12% increase in total revenue to $9.6 billion compared to Q3 2024. GAAP earnings per share increased by 14% to $5.93, driven by higher revenues, partially offset by higher operating expenses, including an Otezla intangible asset impairment charge of $400 million.

Key Highlights

  • Total revenues increased 12% to $9.6 billion.
  • GAAP EPS increased 14% to $5.93.
  • Non-GAAP EPS increased 1% to $5.64.
  • Free cash flow generated was $4.2 billion, compared to $3.3 billion in Q3 2024.
  • Otezla intangible asset impairment charge of $400 million recorded.