vs

Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and Amgen (AMGN). Click either name above to swap in a different company.

Amgen is the larger business by last-quarter revenue ($9.9B vs $139.2M, roughly 70.9× ADMA BIOLOGICS, INC.). ADMA BIOLOGICS, INC. runs the higher net margin — 35.5% vs 13.5%, a 22.0% gap on every dollar of revenue. On growth, ADMA BIOLOGICS, INC. posted the faster year-over-year revenue change (18.4% vs 8.6%). Amgen produced more free cash flow last quarter ($961.0M vs $34.6M). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs 15.1%).

ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.

Amgen Inc. is an American multinational biopharmaceutical company headquartered in Thousand Oaks, California. The company is ranked 18th on the list of largest biomedical companies by revenue. The name "AMGen" is a portmanteau of the company's original name, Applied Molecular Genetics.

ADMA vs AMGN — Head-to-Head

Bigger by revenue
AMGN
AMGN
70.9× larger
AMGN
$9.9B
$139.2M
ADMA
Growing faster (revenue YoY)
ADMA
ADMA
+9.8% gap
ADMA
18.4%
8.6%
AMGN
Higher net margin
ADMA
ADMA
22.0% more per $
ADMA
35.5%
13.5%
AMGN
More free cash flow
AMGN
AMGN
$926.4M more FCF
AMGN
$961.0M
$34.6M
ADMA
Faster 2-yr revenue CAGR
ADMA
ADMA
Annualised
ADMA
30.4%
15.1%
AMGN

Income Statement — Q4 2025 vs Q4 2025

Metric
ADMA
ADMA
AMGN
AMGN
Revenue
$139.2M
$9.9B
Net Profit
$49.4M
$1.3B
Gross Margin
63.8%
69.8%
Operating Margin
45.1%
27.6%
Net Margin
35.5%
13.5%
Revenue YoY
18.4%
8.6%
Net Profit YoY
-55.9%
112.6%
EPS (diluted)
$0.20
$2.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADMA
ADMA
AMGN
AMGN
Q4 25
$139.2M
$9.9B
Q3 25
$134.2M
$9.6B
Q2 25
$122.0M
$9.2B
Q1 25
$114.8M
$8.1B
Q4 24
$117.5M
$9.1B
Q3 24
$119.8M
$8.5B
Q2 24
$107.2M
$8.4B
Q1 24
$81.9M
$7.4B
Net Profit
ADMA
ADMA
AMGN
AMGN
Q4 25
$49.4M
$1.3B
Q3 25
$36.4M
$3.2B
Q2 25
$34.2M
$1.4B
Q1 25
$26.9M
$1.7B
Q4 24
$111.9M
$627.0M
Q3 24
$35.9M
$2.8B
Q2 24
$32.1M
$746.0M
Q1 24
$17.8M
$-113.0M
Gross Margin
ADMA
ADMA
AMGN
AMGN
Q4 25
63.8%
69.8%
Q3 25
56.3%
67.8%
Q2 25
55.1%
67.2%
Q1 25
53.2%
63.6%
Q4 24
53.9%
65.7%
Q3 24
49.8%
61.1%
Q2 24
53.6%
61.4%
Q1 24
47.8%
57.0%
Operating Margin
ADMA
ADMA
AMGN
AMGN
Q4 25
45.1%
27.6%
Q3 25
38.0%
26.4%
Q2 25
35.1%
28.9%
Q1 25
30.4%
14.5%
Q4 24
32.6%
25.4%
Q3 24
33.1%
24.1%
Q2 24
36.6%
22.8%
Q1 24
26.7%
13.3%
Net Margin
ADMA
ADMA
AMGN
AMGN
Q4 25
35.5%
13.5%
Q3 25
27.1%
33.7%
Q2 25
28.1%
15.6%
Q1 25
23.4%
21.2%
Q4 24
95.2%
6.9%
Q3 24
30.0%
33.3%
Q2 24
29.9%
8.9%
Q1 24
21.7%
-1.5%
EPS (diluted)
ADMA
ADMA
AMGN
AMGN
Q4 25
$0.20
$2.45
Q3 25
$0.15
$5.93
Q2 25
$0.14
$2.65
Q1 25
$0.11
$3.20
Q4 24
$0.45
$1.17
Q3 24
$0.15
$5.22
Q2 24
$0.13
$1.38
Q1 24
$0.08
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADMA
ADMA
AMGN
AMGN
Cash + ST InvestmentsLiquidity on hand
$87.6M
$9.1B
Total DebtLower is stronger
$72.1M
$54.6B
Stockholders' EquityBook value
$477.3M
$8.7B
Total Assets
$624.2M
$90.6B
Debt / EquityLower = less leverage
0.15×
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADMA
ADMA
AMGN
AMGN
Q4 25
$87.6M
$9.1B
Q3 25
$61.4M
$9.4B
Q2 25
$90.3M
$8.0B
Q1 25
$71.6M
$8.8B
Q4 24
$103.1M
$12.0B
Q3 24
$86.7M
$9.0B
Q2 24
$88.2M
$9.3B
Q1 24
$45.3M
$9.7B
Total Debt
ADMA
ADMA
AMGN
AMGN
Q4 25
$72.1M
$54.6B
Q3 25
$72.4M
$54.6B
Q2 25
$56.2B
Q1 25
$57.4B
Q4 24
$72.3M
$60.1B
Q3 24
$60.4B
Q2 24
$62.6B
Q1 24
$64.0B
Stockholders' Equity
ADMA
ADMA
AMGN
AMGN
Q4 25
$477.3M
$8.7B
Q3 25
$431.2M
$9.6B
Q2 25
$398.3M
$7.4B
Q1 25
$373.4M
$6.2B
Q4 24
$349.0M
$5.9B
Q3 24
$231.9M
$7.5B
Q2 24
$188.3M
$5.9B
Q1 24
$153.7M
$5.0B
Total Assets
ADMA
ADMA
AMGN
AMGN
Q4 25
$624.2M
$90.6B
Q3 25
$568.7M
$90.1B
Q2 25
$558.4M
$87.9B
Q1 25
$510.6M
$89.4B
Q4 24
$488.7M
$91.8B
Q3 24
$390.6M
$90.9B
Q2 24
$376.4M
$90.9B
Q1 24
$350.9M
$93.0B
Debt / Equity
ADMA
ADMA
AMGN
AMGN
Q4 25
0.15×
6.31×
Q3 25
0.17×
5.67×
Q2 25
7.57×
Q1 25
9.24×
Q4 24
0.21×
10.23×
Q3 24
8.02×
Q2 24
10.57×
Q1 24
12.75×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADMA
ADMA
AMGN
AMGN
Operating Cash FlowLast quarter
$35.6M
$1.6B
Free Cash FlowOCF − Capex
$34.6M
$961.0M
FCF MarginFCF / Revenue
24.8%
9.7%
Capex IntensityCapex / Revenue
0.8%
6.5%
Cash ConversionOCF / Net Profit
0.72×
1.20×
TTM Free Cash FlowTrailing 4 quarters
$27.8M
$8.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADMA
ADMA
AMGN
AMGN
Q4 25
$35.6M
$1.6B
Q3 25
$13.3M
$4.7B
Q2 25
$21.1M
$2.3B
Q1 25
$-19.7M
$1.4B
Q4 24
$50.2M
$4.8B
Q3 24
$25.0M
$3.6B
Q2 24
$45.6M
$2.5B
Q1 24
$-2.2M
$689.0M
Free Cash Flow
ADMA
ADMA
AMGN
AMGN
Q4 25
$34.6M
$961.0M
Q3 25
$-1.1M
$4.2B
Q2 25
$18.7M
$1.9B
Q1 25
$-24.4M
$980.0M
Q4 24
$47.5M
$4.4B
Q3 24
$24.0M
$3.3B
Q2 24
$43.6M
$2.2B
Q1 24
$-4.6M
$459.0M
FCF Margin
ADMA
ADMA
AMGN
AMGN
Q4 25
24.8%
9.7%
Q3 25
-0.8%
44.4%
Q2 25
15.3%
20.8%
Q1 25
-21.2%
12.0%
Q4 24
40.4%
48.4%
Q3 24
20.0%
39.0%
Q2 24
40.7%
26.5%
Q1 24
-5.6%
6.2%
Capex Intensity
ADMA
ADMA
AMGN
AMGN
Q4 25
0.8%
6.5%
Q3 25
10.7%
4.6%
Q2 25
2.0%
4.0%
Q1 25
4.1%
5.0%
Q4 24
2.3%
4.1%
Q3 24
0.9%
3.0%
Q2 24
1.9%
2.8%
Q1 24
2.9%
3.1%
Cash Conversion
ADMA
ADMA
AMGN
AMGN
Q4 25
0.72×
1.20×
Q3 25
0.36×
1.46×
Q2 25
0.62×
1.59×
Q1 25
-0.73×
0.80×
Q4 24
0.45×
7.61×
Q3 24
0.70×
1.26×
Q2 24
1.42×
3.30×
Q1 24
-0.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADMA
ADMA

Segment breakdown not available.

AMGN
AMGN

Products$9.4B95%
Xgeva$291.0M3%
Vectibix$163.0M2%
Aranesp$115.0M1%

Related Comparisons