AMGN · 8-K · 20260804PR000124
Capital Expenditures and Free Cash Flow
AMGEN INC · 2026-08-04 · Importance 69 · Surprise 64 · In source text
Second-quarter 2026 capital expenditures were $513 million, up from $369 million in the second quarter of 2025. Six-month capital expenditures increased to $1.225 billion from $780 million in the prior-year period. Second-quarter free cash flow rose to $3.489 billion from $1.911 billion year over year. Six-month free cash flow increased to $4.966 billion from $2.891 billion.
Key facts
- Capital expenditures were $0.5 billion in Q2 ’26 versus $0.4 billion in Q2 ’25, an increase of $0.1 billion. source
- Capital expenditures for the six months ended June 30, 2026 were $(1,225) million. source
- Free cash flow for the six months ended June 30, 2026 was $4,966 million. source
- Free cash flow for the six months ended June 30, 2025 was $2,891 million. source
- Capital expenditures for the three months ended June 30, 2026 were $(513) million. source
- Capital expenditures for the six months ended June 30, 2025 were $(780) million. source
- Capital expenditures for the three months ended June 30, 2025 were $(369) million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | realized | — | Capital expenditures for the six months ended June 30, 2026 were $(1,225) million. |