vs

Side-by-side financial comparison of Amgen (AMGN) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.

Amgen is the larger business by last-quarter revenue ($8.6B vs $4.7B, roughly 1.8× Flutter Entertainment plc). Amgen runs the higher net margin — 21.1% vs 0.2%, a 20.9% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 5.8%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $1.5M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% 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.

Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.

AMGN vs FLUT — Head-to-Head

Bigger by revenue
AMGN
AMGN
1.8× larger
AMGN
$8.6B
$4.7B
FLUT
Growing faster (revenue YoY)
FLUT
FLUT
+19.2% gap
FLUT
24.9%
5.8%
AMGN
Higher net margin
AMGN
AMGN
20.9% more per $
AMGN
21.1%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$390.5M more FCF
FLUT
$392.0M
$1.5M
AMGN
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
1.4%
AMGN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMGN
AMGN
FLUT
FLUT
Revenue
$8.6B
$4.7B
Net Profit
$1.8B
$10.0M
Gross Margin
68.2%
44.5%
Operating Margin
30.9%
5.4%
Net Margin
21.1%
0.2%
Revenue YoY
5.8%
24.9%
Net Profit YoY
-93.6%
EPS (diluted)
$3.34
$0.00

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
FLUT
FLUT
Q1 26
$8.6B
Q4 25
$9.9B
$4.7B
Q3 25
$9.6B
$3.8B
Q2 25
$9.2B
$4.2B
Q1 25
$8.1B
$3.7B
Q4 24
$9.1B
$3.8B
Q3 24
$8.5B
$3.2B
Q2 24
$8.4B
$3.6B
Net Profit
AMGN
AMGN
FLUT
FLUT
Q1 26
$1.8B
Q4 25
$1.3B
$10.0M
Q3 25
$3.2B
$-789.0M
Q2 25
$1.4B
$37.0M
Q1 25
$1.7B
$335.0M
Q4 24
$627.0M
$156.0M
Q3 24
$2.8B
$-114.0M
Q2 24
$746.0M
$297.0M
Gross Margin
AMGN
AMGN
FLUT
FLUT
Q1 26
68.2%
Q4 25
69.8%
44.5%
Q3 25
67.8%
42.9%
Q2 25
67.2%
46.8%
Q1 25
63.6%
46.6%
Q4 24
65.7%
48.2%
Q3 24
61.1%
46.1%
Q2 24
61.4%
49.2%
Operating Margin
AMGN
AMGN
FLUT
FLUT
Q1 26
30.9%
Q4 25
27.6%
5.4%
Q3 25
26.4%
-22.0%
Q2 25
28.9%
9.3%
Q1 25
14.5%
6.1%
Q4 24
25.4%
7.4%
Q3 24
24.1%
3.0%
Q2 24
22.8%
10.2%
Net Margin
AMGN
AMGN
FLUT
FLUT
Q1 26
21.1%
Q4 25
13.5%
0.2%
Q3 25
33.7%
-20.8%
Q2 25
15.6%
0.9%
Q1 25
21.2%
9.1%
Q4 24
6.9%
4.1%
Q3 24
33.3%
-3.5%
Q2 24
8.9%
8.2%
EPS (diluted)
AMGN
AMGN
FLUT
FLUT
Q1 26
$3.34
Q4 25
$2.45
$0.00
Q3 25
$5.93
$-3.91
Q2 25
$2.65
$0.59
Q1 25
$3.20
$1.57
Q4 24
$1.17
$0.47
Q3 24
$5.22
$-0.58
Q2 24
$1.38
$1.45

Balance Sheet & Financial Strength

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

Metric
AMGN
AMGN
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$12.0M
$1.8B
Total DebtLower is stronger
$57.3B
$12.3B
Stockholders' EquityBook value
$9.2B
$9.0B
Total Assets
$92.5B
$29.3B
Debt / EquityLower = less leverage
6.24×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMGN
AMGN
FLUT
FLUT
Q1 26
$12.0M
Q4 25
$9.1B
$1.8B
Q3 25
$9.4B
$1.7B
Q2 25
$8.0B
$1.7B
Q1 25
$8.8B
$1.5B
Q4 24
$12.0B
$1.5B
Q3 24
$9.0B
$1.5B
Q2 24
$9.3B
$1.5B
Total Debt
AMGN
AMGN
FLUT
FLUT
Q1 26
$57.3B
Q4 25
$54.6B
$12.3B
Q3 25
$54.6B
$12.1B
Q2 25
$56.2B
$10.0B
Q1 25
$57.4B
$6.8B
Q4 24
$60.1B
$6.7B
Q3 24
$60.4B
$6.9B
Q2 24
$62.6B
$6.8B
Stockholders' Equity
AMGN
AMGN
FLUT
FLUT
Q1 26
$9.2B
Q4 25
$8.7B
$9.0B
Q3 25
$9.6B
$9.2B
Q2 25
$7.4B
$10.2B
Q1 25
$6.2B
$9.9B
Q4 24
$5.9B
$9.3B
Q3 24
$7.5B
$10.2B
Q2 24
$5.9B
$9.9B
Total Assets
AMGN
AMGN
FLUT
FLUT
Q1 26
$92.5B
Q4 25
$90.6B
$29.3B
Q3 25
$90.1B
$29.3B
Q2 25
$87.9B
$29.9B
Q1 25
$89.4B
$24.8B
Q4 24
$91.8B
$24.5B
Q3 24
$90.9B
$25.5B
Q2 24
$90.9B
$24.3B
Debt / Equity
AMGN
AMGN
FLUT
FLUT
Q1 26
6.24×
Q4 25
6.31×
1.36×
Q3 25
5.67×
1.31×
Q2 25
7.57×
0.97×
Q1 25
9.24×
0.69×
Q4 24
10.23×
0.72×
Q3 24
8.02×
0.67×
Q2 24
10.57×
0.69×

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
FLUT
FLUT
Operating Cash FlowLast quarter
$2.2B
$428.0M
Free Cash FlowOCF − Capex
$1.5M
$392.0M
FCF MarginFCF / Revenue
0.0%
8.3%
Capex IntensityCapex / Revenue
0.0%
0.8%
Cash ConversionOCF / Net Profit
1.20×
42.80×
TTM Free Cash FlowTrailing 4 quarters
$7.1B
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMGN
AMGN
FLUT
FLUT
Q1 26
$2.2B
Q4 25
$1.6B
$428.0M
Q3 25
$4.7B
$209.0M
Q2 25
$2.3B
$359.0M
Q1 25
$1.4B
$188.0M
Q4 24
$4.8B
$652.0M
Q3 24
$3.6B
$290.0M
Q2 24
$2.5B
$323.0M
Free Cash Flow
AMGN
AMGN
FLUT
FLUT
Q1 26
$1.5M
Q4 25
$961.0M
$392.0M
Q3 25
$4.2B
$196.0M
Q2 25
$1.9B
$322.0M
Q1 25
$980.0M
$169.0M
Q4 24
$4.4B
$595.0M
Q3 24
$3.3B
$253.0M
Q2 24
$2.2B
$295.0M
FCF Margin
AMGN
AMGN
FLUT
FLUT
Q1 26
0.0%
Q4 25
9.7%
8.3%
Q3 25
44.4%
5.2%
Q2 25
20.8%
7.7%
Q1 25
12.0%
4.6%
Q4 24
48.4%
15.7%
Q3 24
39.0%
7.8%
Q2 24
26.5%
8.2%
Capex Intensity
AMGN
AMGN
FLUT
FLUT
Q1 26
0.0%
Q4 25
6.5%
0.8%
Q3 25
4.6%
0.3%
Q2 25
4.0%
0.9%
Q1 25
5.0%
0.5%
Q4 24
4.1%
1.5%
Q3 24
3.0%
1.1%
Q2 24
2.8%
0.8%
Cash Conversion
AMGN
AMGN
FLUT
FLUT
Q1 26
1.20×
Q4 25
1.20×
42.80×
Q3 25
1.46×
Q2 25
1.59×
9.70×
Q1 25
0.80×
0.56×
Q4 24
7.61×
4.18×
Q3 24
1.26×
Q2 24
3.30×
1.09×

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%

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

Related Comparisons