Amgen Reports Q3 2026 Revenue of $10.4 Billion, Up 8%
Amgen reported diluted GAAP EPS of $7.08 and non-GAAP diluted EPS of $6.45, versus $5.64 a year earlier. It maintained its full-year 2026 revenue and EPS guidance ranges.
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09:33:20 PM UTC
SquawkNews
Amgen announced its third-quarter 2026 financial results, reporting revenue of $10.37 billion and adjusted earnings per share of $6.45, both surpassing analyst consensus estimates of $10.07 billion and $5.79, respectively. Driven by an 8% increase in product sales, the company raised its full-year 2026 revenue guidance to a range of $38.9 billion to $39.7 billion, up from its previous forecast of $38.2 billion to $39.4 billion. Additionally, the company increased its projection for full-year adjusted earnings per share to $22.90 to $23.70, compared to the prior guidance of $22.30 to $23.50. Management attributed the performance to volume growth across its core product portfolio.
Amgen reported third-quarter 2026 revenue of $10.4 billion, up 8% year over year, and diluted GAAP EPS of $7.08. Non-GAAP diluted EPS was $6.45, compared with $5.64 a year earlier. The company maintained its full-year 2026 revenue and EPS guidance ranges.Financial HighlightsBusiness HighlightsOrigi…