Amgen Inc.（AMGN）株——良い事業でしょうか？

Amgen Inc.（AMGN）株——良い事業でしょうか？ — InspectStocks

Just reported

Q3 2026 results

From Amgen's results release of 2026年11月3日; its quarterly report has since been filed.

Revenue
Actual
$10.37B
+8.5% y/y
+3.1% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$7.08
+19% y/y
+62% q/q
Guided
—
No guide given
Operating income, GAAP
Actual
$3.71B
+47% y/y
+5.6% q/q
Guided
—
No guide given

Company outlook

Full year 2026

Revenue$38.9B – $39.7B+6.9% y/y Raised +1.3%
EPS, adjusted$22.90 – $23.70Raised +1.7%
EPS, GAAP$18.34 – $19.28+32% y/y Raised +14%

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

The full earnings report →

どうやって稼いでいるか

Repatha prescription sales9%
Otezla prescription sales7%
Enbrel prescription sales7%
EVENITY prescription sales7%
XGEVA prescription sales6%
TEPEZZA prescription sales6%

売上構成比はyear ended 2025-12-31, high confidenceの推計であり、提出された報告書の数字ではありません。

競合

何を売っているか6

Repatha
An injectable medicine that lowers LDL cholesterol and is used to reduce the chance of major heart and blood-vessel events in certain adults.
Prolia
A medicine for osteoporosis that helps reduce fracture risk in certain people, including postmenopausal women and men at high risk of fracture.
Otezla
An oral medicine used for plaque psoriasis, psoriatic arthritis and certain mouth ulcers.

さらに3件を表示

ENBREL
A medicine used for rheumatoid arthritis, plaque psoriasis and psoriatic arthritis.
TEZSPIRE
An antibody medicine used as an add-on treatment for severe uncontrolled asthma and, in approved markets, chronic sinus inflammation with nasal polyps.
IMDELLTRA
A cancer medicine for adults with extensive-stage small cell lung cancer that has progressed during or after platinum-based chemotherapy.

誰が買っているか3

In the United States, Amgen sells substantially all its products to pharmaceutical wholesalers, which then distribute them to healthcare providers. McKesson, Cencora and Cardinal Health together accounted for 77% of worldwide gross revenue (year ended 2025-12-31, high confidence).
Outside the United States, Amgen sells to healthcare providers and pharmaceutical wholesalers, depending on local distribution practices.
Healthcare providers, including physicians and their clinics, hospitals, dialysis centers and pharmacies, use or dispense Amgen medicines; some products are also marketed through direct-to-patient channels.

何に支えられ、何に崩されうるか

事業が頼っているもの

1Amgen relies on large wholesalers for distribution: McKesson, Cencora and Cardinal Health together accounted for 77% of worldwide gross revenue (year ended 2025-12-31, high confidence).
2The United States is its largest market, accounting for 71.9% of revenue by geography (year ended 2025-12-31, high confidence).
3Its sales depend on government and commercial insurers covering its medicines and deciding how much they will reimburse; coverage rules and required discounts can affect use and net prices.
4The 10-K says a substantial majority of commercial manufacturing takes place in Puerto Rico and a substantial majority of clinical manufacturing takes place in Thousand Oaks, California.
5Amgen relies on third-party suppliers for some raw materials, devices and components, including items for which a supplier may be its only source.

うまくいかなくなる可能性

1Government and private payer policies can limit access or reduce the prices Amgen receives. The filings describe Medicare price setting for ENBREL and Otezla, expanded discounts through the 340B program, and other pricing policies as pressures on sales and profitability.
2Biosimilar and generic competition can reduce sales and prices. The patents for Prolia and XGEVA have expired in key markets, and the 10-Q reports lower sales as biosimilar competitors entered those markets.
3Manufacturing disruption could limit medicine supply and sales. The 10-K identifies concentration of commercial manufacturing in Puerto Rico and clinical manufacturing in Thousand Oaks, California, as potential sources of disruption.

財務諸表をすべて見る →

Amgen Inc.について

Amgen researches, develops and manufactures medicines, including biologic medicines made using living cells and small-molecule drugs. It sells treatments for conditions including heart disease, cancer, osteoporosis, asthma and autoimmune diseases. It also sells biosimilar medicines, which are highly similar versions of existing biologic medicines.

本社: Thousand Oaks, California
設立: 1980 (incorporated in California; high confidence)
上場市場: NASDAQ
決算期: December 31

Amgen Inc. 自身が米国証券取引委員会（SEC）に提出した書類にもとづきます。数字は報告されたままで、1 株当たりの履歴は今日の株数基準に修正済みです。これは事業の説明です——投資助言ではなく、売買を勧めるものでもありません。

Just reported

Q3 2026 results

From Amgen's results release of 2026年11月3日; its quarterly report has since been filed.

Revenue
Actual
$10.37B
+8.5% y/y
+3.1% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$7.08
+19% y/y
+62% q/q
Guided
—
No guide given
Operating income, GAAP
Actual
$3.71B
+47% y/y
+5.6% q/q
Guided
—
No guide given

Company outlook

Full year 2026

Revenue$38.9B – $39.7B+6.9% y/y Raised +1.3%
EPS, adjusted$22.90 – $23.70Raised +1.7%
EPS, GAAP$18.34 – $19.28+32% y/y Raised +14%

The full earnings report →

Keep exploring

The themes Amgen is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The themes it is part of

Highest-graded in Drug Manufacturers General

Graded A or B and worth $2B or more: A first, then the largest.

All 19 graded companies in its industry

Grade rose recently in Healthcare

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

どうやって稼いでいるか

Repatha prescription sales9%
Otezla prescription sales7%
Enbrel prescription sales7%
EVENITY prescription sales7%
XGEVA prescription sales6%
TEPEZZA prescription sales6%

売上構成比はyear ended 2025-12-31, high confidenceの推計であり、提出された報告書の数字ではありません。

競合

何を売っているか6

Repatha
An injectable medicine that lowers LDL cholesterol and is used to reduce the chance of major heart and blood-vessel events in certain adults.
Prolia
A medicine for osteoporosis that helps reduce fracture risk in certain people, including postmenopausal women and men at high risk of fracture.
Otezla
An oral medicine used for plaque psoriasis, psoriatic arthritis and certain mouth ulcers.

さらに3件を表示

ENBREL
A medicine used for rheumatoid arthritis, plaque psoriasis and psoriatic arthritis.
TEZSPIRE
An antibody medicine used as an add-on treatment for severe uncontrolled asthma and, in approved markets, chronic sinus inflammation with nasal polyps.
IMDELLTRA
A cancer medicine for adults with extensive-stage small cell lung cancer that has progressed during or after platinum-based chemotherapy.

誰が買っているか3

In the United States, Amgen sells substantially all its products to pharmaceutical wholesalers, which then distribute them to healthcare providers. McKesson, Cencora and Cardinal Health together accounted for 77% of worldwide gross revenue (year ended 2025-12-31, high confidence).
Outside the United States, Amgen sells to healthcare providers and pharmaceutical wholesalers, depending on local distribution practices.
Healthcare providers, including physicians and their clinics, hospitals, dialysis centers and pharmacies, use or dispense Amgen medicines; some products are also marketed through direct-to-patient channels.

何に支えられ、何に崩されうるか

事業が頼っているもの

1Amgen relies on large wholesalers for distribution: McKesson, Cencora and Cardinal Health together accounted for 77% of worldwide gross revenue (year ended 2025-12-31, high confidence).
2The United States is its largest market, accounting for 71.9% of revenue by geography (year ended 2025-12-31, high confidence).
3Its sales depend on government and commercial insurers covering its medicines and deciding how much they will reimburse; coverage rules and required discounts can affect use and net prices.
4The 10-K says a substantial majority of commercial manufacturing takes place in Puerto Rico and a substantial majority of clinical manufacturing takes place in Thousand Oaks, California.
5Amgen relies on third-party suppliers for some raw materials, devices and components, including items for which a supplier may be its only source.

うまくいかなくなる可能性

1Government and private payer policies can limit access or reduce the prices Amgen receives. The filings describe Medicare price setting for ENBREL and Otezla, expanded discounts through the 340B program, and other pricing policies as pressures on sales and profitability.
2Biosimilar and generic competition can reduce sales and prices. The patents for Prolia and XGEVA have expired in key markets, and the 10-Q reports lower sales as biosimilar competitors entered those markets.
3Manufacturing disruption could limit medicine supply and sales. The 10-K identifies concentration of commercial manufacturing in Puerto Rico and clinical manufacturing in Thousand Oaks, California, as potential sources of disruption.

財務諸表をすべて見る →

Amgen Inc.について

本社: Thousand Oaks, California
設立: 1980 (incorporated in California; high confidence)
上場市場: NASDAQ
決算期: December 31

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

どうやって稼いでいるか

競合

何を売っているか6

誰が買っているか3

何に支えられ、何に崩されうるか

事業が頼っているもの

うまくいかなくなる可能性

Amgen Inc.について

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

Keep exploring

The themes it is part of

Highest-graded in Drug Manufacturers General

Grade rose recently in Healthcare

どうやって稼いでいるか

競合

何を売っているか6

誰が買っているか3

何に支えられ、何に崩されうるか

事業が頼っているもの

うまくいかなくなる可能性

Amgen Inc.について

Keep exploring

The themes it is part of

Highest-graded in Drug Manufacturers General

Grade rose recently in Healthcare

Big pharma

Amgen Inc.

成長と現金——5 項目中 5 項目

事業のトレンド

株価と評価の推移

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

どうやって稼いでいるか

競合

何を売っているか6

誰が買っているか3

何に支えられ、何に崩されうるか

事業が頼っているもの

うまくいかなくなる可能性

Amgen Inc.について

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

Keep exploring

The themes it is part of

Highest-graded in Drug Manufacturers General

Grade rose recently in Healthcare

どうやって稼いでいるか

競合

何を売っているか6

誰が買っているか3

何に支えられ、何に崩されうるか

事業が頼っているもの

うまくいかなくなる可能性

Amgen Inc.について

Keep exploring

The themes it is part of

Highest-graded in Drug Manufacturers General

Grade rose recently in Healthcare

Big pharma

Amgen Inc.

過去の推移

成長と現金——5 項目中 5 項目

事業のトレンド

株価と評価の推移