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

Amgen is the larger business by last-quarter revenue ($8.6B vs $7.1B, roughly 1.2× AVNET INC). Amgen runs the higher net margin — 21.1% vs 1.3%, a 19.8% gap on every dollar of revenue. On growth, AVNET INC posted the faster year-over-year revenue change (12.7% vs 5.8%). Over the past eight quarters, AVNET INC's revenue compounded faster (12.7% CAGR vs 1.4%).

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.

Avnet, Inc. is a distributor of electronic components headquartered in Phoenix, Arizona, named after Charles Avnet, who founded the company in 1921. After its start on Manhattan's Radio Row, the company became incorporated in 1955 and began trading on the New York Stock Exchange in 1961. On May 8, 2018, Avnet changed stock markets to Nasdaq, trading under the same ticker AVT.

AMGN vs AVT — Head-to-Head

Bigger by revenue
AMGN
AMGN
1.2× larger
AMGN
$8.6B
$7.1B
AVT
Growing faster (revenue YoY)
AVT
AVT
+6.9% gap
AVT
12.7%
5.8%
AMGN
Higher net margin
AMGN
AMGN
19.8% more per $
AMGN
21.1%
1.3%
AVT
Faster 2-yr revenue CAGR
AVT
AVT
Annualised
AVT
12.7%
1.4%
AMGN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AMGN
AMGN
AVT
AVT
Revenue
$8.6B
$7.1B
Net Profit
$1.8B
$94.3M
Gross Margin
68.2%
10.4%
Operating Margin
30.9%
2.9%
Net Margin
21.1%
1.3%
Revenue YoY
5.8%
12.7%
Net Profit YoY
-59.7%
EPS (diluted)
$3.34
$1.14

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
AMGN
AMGN
AVT
AVT
Q3 26
$7.1B
Q1 26
$8.6B
Q4 25
$9.9B
$6.3B
Q3 25
$9.6B
$5.9B
Q2 25
$9.2B
$5.6B
Q1 25
$8.1B
$5.3B
Q4 24
$9.1B
$5.7B
Q3 24
$8.5B
$5.6B
Net Profit
AMGN
AMGN
AVT
AVT
Q3 26
$94.3M
Q1 26
$1.8B
Q4 25
$1.3B
$61.7M
Q3 25
$3.2B
$51.7M
Q2 25
$1.4B
$6.1M
Q1 25
$1.7B
$87.9M
Q4 24
$627.0M
$87.3M
Q3 24
$2.8B
$59.0M
Gross Margin
AMGN
AMGN
AVT
AVT
Q3 26
10.4%
Q1 26
68.2%
Q4 25
69.8%
10.5%
Q3 25
67.8%
10.4%
Q2 25
67.2%
10.6%
Q1 25
63.6%
11.1%
Q4 24
65.7%
10.5%
Q3 24
61.1%
10.8%
Operating Margin
AMGN
AMGN
AVT
AVT
Q3 26
2.9%
Q1 26
30.9%
Q4 25
27.6%
2.3%
Q3 25
26.4%
2.4%
Q2 25
28.9%
1.3%
Q1 25
14.5%
2.7%
Q4 24
25.4%
2.7%
Q3 24
24.1%
2.5%
Net Margin
AMGN
AMGN
AVT
AVT
Q3 26
1.3%
Q1 26
21.1%
Q4 25
13.5%
1.0%
Q3 25
33.7%
0.9%
Q2 25
15.6%
0.1%
Q1 25
21.2%
1.7%
Q4 24
6.9%
1.5%
Q3 24
33.3%
1.1%
EPS (diluted)
AMGN
AMGN
AVT
AVT
Q3 26
$1.14
Q1 26
$3.34
Q4 25
$2.45
$0.75
Q3 25
$5.93
$0.61
Q2 25
$2.65
$0.09
Q1 25
$3.20
$1.01
Q4 24
$1.17
$0.99
Q3 24
$5.22
$0.66

Balance Sheet & Financial Strength

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

Metric
AMGN
AMGN
AVT
AVT
Cash + ST InvestmentsLiquidity on hand
$12.0M
$202.4M
Total DebtLower is stronger
$57.3B
$2.9B
Stockholders' EquityBook value
$9.2B
$5.0B
Total Assets
$92.5B
$13.5B
Debt / EquityLower = less leverage
6.24×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMGN
AMGN
AVT
AVT
Q3 26
$202.4M
Q1 26
$12.0M
Q4 25
$9.1B
$286.5M
Q3 25
$9.4B
$175.5M
Q2 25
$8.0B
$192.4M
Q1 25
$8.8B
$188.9M
Q4 24
$12.0B
$172.1M
Q3 24
$9.0B
$267.5M
Total Debt
AMGN
AMGN
AVT
AVT
Q3 26
$2.9B
Q1 26
$57.3B
Q4 25
$54.6B
Q3 25
$54.6B
Q2 25
$56.2B
Q1 25
$57.4B
Q4 24
$60.1B
Q3 24
$60.4B
Stockholders' Equity
AMGN
AMGN
AVT
AVT
Q3 26
$5.0B
Q1 26
$9.2B
Q4 25
$8.7B
$4.9B
Q3 25
$9.6B
$4.8B
Q2 25
$7.4B
$5.0B
Q1 25
$6.2B
$4.9B
Q4 24
$5.9B
$4.8B
Q3 24
$7.5B
$5.0B
Total Assets
AMGN
AMGN
AVT
AVT
Q3 26
$13.5B
Q1 26
$92.5B
Q4 25
$90.6B
$13.2B
Q3 25
$90.1B
$12.4B
Q2 25
$87.9B
$12.1B
Q1 25
$89.4B
$11.7B
Q4 24
$91.8B
$11.9B
Q3 24
$90.9B
$12.6B
Debt / Equity
AMGN
AMGN
AVT
AVT
Q3 26
0.59×
Q1 26
6.24×
Q4 25
6.31×
Q3 25
5.67×
Q2 25
7.57×
Q1 25
9.24×
Q4 24
10.23×
Q3 24
8.02×

Cash Flow & Capital Efficiency

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

Metric
AMGN
AMGN
AVT
AVT
Operating Cash FlowLast quarter
$2.2B
Free Cash FlowOCF − Capex
$1.5M
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$7.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMGN
AMGN
AVT
AVT
Q3 26
Q1 26
$2.2B
Q4 25
$1.6B
$208.2M
Q3 25
$4.7B
$-144.6M
Q2 25
$2.3B
$139.5M
Q1 25
$1.4B
$140.9M
Q4 24
$4.8B
$337.8M
Q3 24
$3.6B
$106.3M
Free Cash Flow
AMGN
AMGN
AVT
AVT
Q3 26
Q1 26
$1.5M
Q4 25
$961.0M
$192.9M
Q3 25
$4.2B
$-169.2M
Q2 25
$1.9B
$79.9M
Q1 25
$980.0M
$114.1M
Q4 24
$4.4B
$308.5M
Q3 24
$3.3B
$74.5M
FCF Margin
AMGN
AMGN
AVT
AVT
Q3 26
Q1 26
0.0%
Q4 25
9.7%
3.1%
Q3 25
44.4%
-2.9%
Q2 25
20.8%
1.4%
Q1 25
12.0%
2.1%
Q4 24
48.4%
5.4%
Q3 24
39.0%
1.3%
Capex Intensity
AMGN
AMGN
AVT
AVT
Q3 26
Q1 26
0.0%
Q4 25
6.5%
0.2%
Q3 25
4.6%
0.4%
Q2 25
4.0%
1.1%
Q1 25
5.0%
0.5%
Q4 24
4.1%
0.5%
Q3 24
3.0%
0.6%
Cash Conversion
AMGN
AMGN
AVT
AVT
Q3 26
Q1 26
1.20×
Q4 25
1.20×
3.37×
Q3 25
1.46×
-2.79×
Q2 25
1.59×
22.91×
Q1 25
0.80×
1.60×
Q4 24
7.61×
3.87×
Q3 24
1.26×
1.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMGN
AMGN

Product sales$8.2B95%
Other revenues$400.0M5%

AVT
AVT

Electronic Components$6.7B94%
Farnell$454.7M6%

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