AMGN · News · 20260805N

Guidance and Outlook

AMGEN INC · 2026-08-05 · Importance 69 · Surprise 60 · In source text

Amgen raised its full-year 2026 revenue outlook to $38.2 billion-$39.4 billion. Management also raised adjusted EPS guidance to $22.30-$23.50 after strong first-half product performance. The guidance increase followed second-quarter revenue of $10.05 billion, which exceeded the FactSet estimate of $9.43 billion. The company maintained its growth strategy despite approximately $7 billion of loss-of-exclusivity headwinds and biosimilar competition affecting older franchises.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommitted+8.5%Amgen raised its 2026 non-GAAP EPS guidance by $0.50 and full-year revenue guidance by $1 billion, according to Seeking Alpha commentary.