Amgen Q2 sales rise 10% as newer drugs offset mature-brand declines

5 August 2026

US biotech Amgen (Nasdaq: AMGN) reported a 10% increase in second-quarter 2026 revenue, as growth from Repatha (evolocumab), Evenity (romosozumab) and several newer medicines outweighed declining sales of products facing pricing or biosimilar pressure.

Revenue reached $10.1 billion, with product sales up 9%. Non-generally accepted accounting principles (GAAP) earnings per share (EPS) increased 4% to $6.29, compared with a consensus estimate of about $5.95. GAAP EPS rose 65% to $4.37 from $2.65 a year earlier.

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