Amgen Inc

AMGN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Amgen Earnings: Broad-Based Growth Despite Prolia Biosimilars; Maintaining Our Fair Value

Karen Andersen

Aug 5, 2026

Amgen's revenue grew 10% in the second quarter, and non-GAAP earnings per share grew 4%. Management raised the midpoint of its 2026 revenue guidance by $1 billion to $38.8 billion and raised the non-GAAP EPS guidance midpoint by $0.50 to $22.90.

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Amgen Inc

Amgen Earnings: Broad-Based Growth Despite Prolia Biosimilars; Maintaining Our Fair Value

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