R&D expense · 2011–2025

Amgen R&D expense

$7.3B+21.9% · FY2025

Amgen (AMGN) reported $7.3B in R&D expense for fiscal 2025, +21.9% year on year.

$3.2B2011$3.4B2012$4.1B2013$4.3B2014$4.1B2015$3.8B2016$3.6B2017$3.7B2018$4.1B2019$4.2B2020$4.8B2021$4.4B2022$4.8B2023$6.0B2024$7.3B2025
Amgen — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$7.3B+21.9%Open →
FY20242024-12-31$6.0B+24.7%Open →
FY20232023-12-31$4.8B+7.9%Open →
FY20222022-12-31$4.4B−8.0%Open →
FY20212021-12-31$4.8B+14.5%Open →
FY20202020-12-31$4.2B+2.2%Open →
FY20192019-12-31$4.1B+10.1%Open →
FY20182018-12-31$3.7B+4.9%Open →
FY20172017-12-31$3.6B−7.2%Open →
FY20162016-12-31$3.8B−5.7%Open →
FY20152015-12-31$4.1B−5.3%Open →
FY20142014-12-31$4.3B+5.2%Open →
FY20132013-12-31$4.1B+20.8%Open →
FY20122012-12-31$3.4B+6.7%Open →
FY20112011-12-31$3.2B—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +6.1%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Amgen R&D expense |url=https://companiesranked.com/en/company/amgen/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Amgen R&D expense. CompaniesRanked. https://companiesranked.com/en/company/amgen/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-amgen-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Amgen R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/amgen/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000318154-26-000010 · February 13, 2026

{{cite web |title=Amgen R&D expense — 10-K (0000318154-26-000010) |url=https://www.sec.gov/Archives/edgar/data/318154/000031815426000010/amgn-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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