Amgen posts FY2025 cash flows from operating activities of USD 10.00 billion

Reuters
Feb 14
Amgen posts FY2025 cash flows from operating activities of USD 10.00 billion

Amgen reported cash flows from operating activities of USD 10.00 billion for the full year 2025. The company invested USD 1.90 billion in capital expenditures to enhance and expand its manufacturing network during the period. Amgen retired USD 6.00 billion of debt and increased its quarterly cash dividend by 6 percent to USD 2.38 per share of common stock for 2025. In December 2025, the Board of Directors declared a cash dividend of USD 2.52 per share for the first quarter of 2026, representing a 6 percent increase over the same period in the prior year, to be paid in March 2026. Cost of sales for 2024 increased to 38.5 percent of total revenues, primarily driven by higher amortization expense from Horizon acquisition-related assets and higher profit share and royalty expenses. The impact was partially offset by changes in product sales mix, including the addition of acquired Horizon products. Amgen continues to focus on research and development activities across three key areas: Research and Early Pipeline, Later-Stage Clinical Programs, and Marketed Product Support. The company’s principal products include Prolia, Repatha, Otezla, Enbrel, Evenity, and Xgeva. Amgen emphasized its ongoing strategy of investing in innovative medicines and human capital management to support its global workforce and business growth.

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