vs

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

Intel is the larger business by last-quarter revenue ($13.6B vs $8.6B, roughly 1.6× Amgen). Amgen runs the higher net margin — 21.1% vs -31.5%, a 52.6% gap on every dollar of revenue. On growth, Intel posted the faster year-over-year revenue change (7.0% vs 5.8%). Over the past eight quarters, Intel's revenue compounded faster (2.9% 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.

Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It designs, manufactures, and sells computer components such as central processing units (CPUs) and related products for business and consumer markets. Intel was the world's third-largest semiconductor chip manufacturer by revenue in 2024 and has been included in the Fortune 500 list of the largest United States corporations by revenue since 2007.

AMGN vs INTC — Head-to-Head

Bigger by revenue
INTC
INTC
1.6× larger
INTC
$13.6B
$8.6B
AMGN
Growing faster (revenue YoY)
INTC
INTC
+1.2% gap
INTC
7.0%
5.8%
AMGN
Higher net margin
AMGN
AMGN
52.6% more per $
AMGN
21.1%
-31.5%
INTC
Faster 2-yr revenue CAGR
INTC
INTC
Annualised
INTC
2.9%
1.4%
AMGN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMGN
AMGN
INTC
INTC
Revenue
$8.6B
$13.6B
Net Profit
$1.8B
$-4.3B
Gross Margin
68.2%
39.4%
Operating Margin
30.9%
Net Margin
21.1%
-31.5%
Revenue YoY
5.8%
7.0%
Net Profit YoY
-354.1%
EPS (diluted)
$3.34
$-0.73

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
INTC
INTC
Q1 26
$8.6B
$13.6B
Q4 25
$9.9B
$13.7B
Q3 25
$9.6B
$13.7B
Q2 25
$9.2B
$12.9B
Q1 25
$8.1B
$12.7B
Q4 24
$9.1B
$14.3B
Q3 24
$8.5B
$13.3B
Q2 24
$8.4B
$12.8B
Net Profit
AMGN
AMGN
INTC
INTC
Q1 26
$1.8B
$-4.3B
Q4 25
$1.3B
$-591.0M
Q3 25
$3.2B
$4.1B
Q2 25
$1.4B
$-2.9B
Q1 25
$1.7B
$-821.0M
Q4 24
$627.0M
$-126.0M
Q3 24
$2.8B
$-16.6B
Q2 24
$746.0M
$-1.6B
Gross Margin
AMGN
AMGN
INTC
INTC
Q1 26
68.2%
39.4%
Q4 25
69.8%
36.1%
Q3 25
67.8%
38.2%
Q2 25
67.2%
27.5%
Q1 25
63.6%
36.9%
Q4 24
65.7%
39.2%
Q3 24
61.1%
15.0%
Q2 24
61.4%
35.4%
Operating Margin
AMGN
AMGN
INTC
INTC
Q1 26
30.9%
Q4 25
27.6%
4.2%
Q3 25
26.4%
5.0%
Q2 25
28.9%
-24.7%
Q1 25
14.5%
-2.4%
Q4 24
25.4%
2.9%
Q3 24
24.1%
-68.2%
Q2 24
22.8%
-15.3%
Net Margin
AMGN
AMGN
INTC
INTC
Q1 26
21.1%
-31.5%
Q4 25
13.5%
-4.3%
Q3 25
33.7%
29.8%
Q2 25
15.6%
-22.7%
Q1 25
21.2%
-6.5%
Q4 24
6.9%
-0.9%
Q3 24
33.3%
-125.3%
Q2 24
8.9%
-12.5%
EPS (diluted)
AMGN
AMGN
INTC
INTC
Q1 26
$3.34
$-0.73
Q4 25
$2.45
$-0.10
Q3 25
$5.93
$0.90
Q2 25
$2.65
$-0.67
Q1 25
$3.20
$-0.19
Q4 24
$1.17
$-0.03
Q3 24
$5.22
$-3.88
Q2 24
$1.38
$-0.38

Balance Sheet & Financial Strength

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

Metric
AMGN
AMGN
INTC
INTC
Cash + ST InvestmentsLiquidity on hand
$12.0M
$32.8B
Total DebtLower is stronger
$57.3B
$2.0B
Stockholders' EquityBook value
$9.2B
$125.0B
Total Assets
$92.5B
$205.3B
Debt / EquityLower = less leverage
6.24×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMGN
AMGN
INTC
INTC
Q1 26
$12.0M
$32.8B
Q4 25
$9.1B
$14.3B
Q3 25
$9.4B
$11.1B
Q2 25
$8.0B
$9.6B
Q1 25
$8.8B
Q4 24
$12.0B
$8.2B
Q3 24
$9.0B
Q2 24
$9.3B
Total Debt
AMGN
AMGN
INTC
INTC
Q1 26
$57.3B
$2.0B
Q4 25
$54.6B
$46.6B
Q3 25
$54.6B
Q2 25
$56.2B
Q1 25
$57.4B
Q4 24
$60.1B
$50.0B
Q3 24
$60.4B
Q2 24
$62.6B
Stockholders' Equity
AMGN
AMGN
INTC
INTC
Q1 26
$9.2B
$125.0B
Q4 25
$8.7B
$114.3B
Q3 25
$9.6B
$106.4B
Q2 25
$7.4B
$97.9B
Q1 25
$6.2B
$99.8B
Q4 24
$5.9B
$99.3B
Q3 24
$7.5B
$99.5B
Q2 24
$5.9B
$115.2B
Total Assets
AMGN
AMGN
INTC
INTC
Q1 26
$92.5B
$205.3B
Q4 25
$90.6B
$211.4B
Q3 25
$90.1B
$204.5B
Q2 25
$87.9B
$192.5B
Q1 25
$89.4B
$192.2B
Q4 24
$91.8B
$196.5B
Q3 24
$90.9B
$193.5B
Q2 24
$90.9B
$206.2B
Debt / Equity
AMGN
AMGN
INTC
INTC
Q1 26
6.24×
0.02×
Q4 25
6.31×
0.41×
Q3 25
5.67×
Q2 25
7.57×
Q1 25
9.24×
Q4 24
10.23×
0.50×
Q3 24
8.02×
Q2 24
10.57×

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
INTC
INTC
Operating Cash FlowLast quarter
$2.2B
Free Cash FlowOCF − Capex
$1.5M
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
36.6%
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
INTC
INTC
Q1 26
$2.2B
Q4 25
$1.6B
$4.3B
Q3 25
$4.7B
$2.5B
Q2 25
$2.3B
$2.0B
Q1 25
$1.4B
$813.0M
Q4 24
$4.8B
$3.2B
Q3 24
$3.6B
$4.1B
Q2 24
$2.5B
$2.3B
Free Cash Flow
AMGN
AMGN
INTC
INTC
Q1 26
$1.5M
Q4 25
$961.0M
$800.0M
Q3 25
$4.2B
$121.0M
Q2 25
$1.9B
$-1.5B
Q1 25
$980.0M
$-4.4B
Q4 24
$4.4B
$-2.7B
Q3 24
$3.3B
$-2.4B
Q2 24
$2.2B
$-3.4B
FCF Margin
AMGN
AMGN
INTC
INTC
Q1 26
0.0%
Q4 25
9.7%
5.9%
Q3 25
44.4%
0.9%
Q2 25
20.8%
-11.7%
Q1 25
12.0%
-34.5%
Q4 24
48.4%
-18.7%
Q3 24
39.0%
-18.1%
Q2 24
26.5%
-26.4%
Capex Intensity
AMGN
AMGN
INTC
INTC
Q1 26
0.0%
36.6%
Q4 25
6.5%
25.5%
Q3 25
4.6%
17.8%
Q2 25
4.0%
27.6%
Q1 25
5.0%
40.9%
Q4 24
4.1%
40.9%
Q3 24
3.0%
48.6%
Q2 24
2.8%
44.3%
Cash Conversion
AMGN
AMGN
INTC
INTC
Q1 26
1.20×
Q4 25
1.20×
Q3 25
1.46×
0.63×
Q2 25
1.59×
Q1 25
0.80×
Q4 24
7.61×
Q3 24
1.26×
Q2 24
3.30×

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%

INTC
INTC

Client Computing Group (CCG)$7.7B57%
Intel Foundry$5.4B40%
All other$600.0M4%

Related Comparisons