AMGN · News · 20260804N

Free Cash Flow

AMGEN INC · 2026-08-04 · Importance 34 · Surprise 24

Amgen generated $3.5 billion of free cash flow in the second quarter of 2026. Free cash flow increased significantly from the prior-year period, supporting the company’s raised full-year financial outlook. The $3.5 billion quarterly amount represented approximately 35% of quarterly revenue of $10.05 billion. The reported cash generation provides funding for late-stage clinical programs, manufacturing capacity, and shareholder distributions.

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