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Amgen Q1 2026: Revenue Grows 6% as Six Key Drivers Outpace Patent Losses
Amgen reported strong Q1 2026 results, with revenue up 6% to $8.6 billion and non-GAAP EPS up 5% to $5.15, exceeding expectations largely due to the performance of six key growth drivers. These drivers, including Repatha and the rare disease and oncology portfolios, significantly offset revenue losses from patent expirations. The company raised its full-year 2026 revenue and non-GAAP EPS guidance, indicating confidence in its growth trajectory despite some gross margin compression.