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Side-by-side financial comparison of Amgen (AMGN) and Revolution Medicines, Inc. (RVMD). Click either name above to swap in a different company.

Amgen produced more free cash flow last quarter ($961.0M vs $-139.5M). Over the past eight quarters, Amgen's revenue compounded faster (15.1% CAGR vs -100.0%).

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.

Tempus AI, Inc. is an American health technology company founded in 2015 by Eric Lefkofsky in Chicago, Illinois. It was established by Lefkofsky soon after his wife was diagnosed with breast cancer. Tempus uses data and artificial intelligence (AI) to create precision medicine services, including diagnostics, for oncology, cardiology, radiology, and depression. The company went public on the Nasdaq on June 14, 2024, under the ticker symbol "TEM."

AMGN vs RVMD — Head-to-Head

Bigger by revenue
AMGN
AMGN
Infinity× larger
AMGN
$9.9B
$0
RVMD
More free cash flow
AMGN
AMGN
$1.1B more FCF
AMGN
$961.0M
$-139.5M
RVMD
Faster 2-yr revenue CAGR
AMGN
AMGN
Annualised
AMGN
15.1%
-100.0%
RVMD

Income Statement — Q4 2025 vs Q4 2024

Metric
AMGN
AMGN
RVMD
RVMD
Revenue
$9.9B
$0
Net Profit
$1.3B
$-194.6M
Gross Margin
69.8%
Operating Margin
27.6%
Net Margin
13.5%
Revenue YoY
8.6%
Net Profit YoY
112.6%
-20.4%
EPS (diluted)
$2.45
$-1.13

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
RVMD
RVMD
Q4 25
$9.9B
Q3 25
$9.6B
Q2 25
$9.2B
Q1 25
$8.1B
Q4 24
$9.1B
$0
Q3 24
$8.5B
$0
Q2 24
$8.4B
$0
Q1 24
$7.4B
$0
Net Profit
AMGN
AMGN
RVMD
RVMD
Q4 25
$1.3B
Q3 25
$3.2B
Q2 25
$1.4B
Q1 25
$1.7B
Q4 24
$627.0M
$-194.6M
Q3 24
$2.8B
$-156.3M
Q2 24
$746.0M
$-133.2M
Q1 24
$-113.0M
$-116.0M
Gross Margin
AMGN
AMGN
RVMD
RVMD
Q4 25
69.8%
Q3 25
67.8%
Q2 25
67.2%
Q1 25
63.6%
Q4 24
65.7%
Q3 24
61.1%
Q2 24
61.4%
Q1 24
57.0%
Operating Margin
AMGN
AMGN
RVMD
RVMD
Q4 25
27.6%
Q3 25
26.4%
Q2 25
28.9%
Q1 25
14.5%
Q4 24
25.4%
Q3 24
24.1%
Q2 24
22.8%
Q1 24
13.3%
Net Margin
AMGN
AMGN
RVMD
RVMD
Q4 25
13.5%
Q3 25
33.7%
Q2 25
15.6%
Q1 25
21.2%
Q4 24
6.9%
Q3 24
33.3%
Q2 24
8.9%
Q1 24
-1.5%
EPS (diluted)
AMGN
AMGN
RVMD
RVMD
Q4 25
$2.45
Q3 25
$5.93
Q2 25
$2.65
Q1 25
$3.20
Q4 24
$1.17
$-1.13
Q3 24
$5.22
$-0.94
Q2 24
$1.38
$-0.81
Q1 24
$-0.21
$-0.70

Balance Sheet & Financial Strength

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

Metric
AMGN
AMGN
RVMD
RVMD
Cash + ST InvestmentsLiquidity on hand
$9.1B
$2.3B
Total DebtLower is stronger
$54.6B
Stockholders' EquityBook value
$8.7B
$2.3B
Total Assets
$90.6B
$2.6B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMGN
AMGN
RVMD
RVMD
Q4 25
$9.1B
Q3 25
$9.4B
Q2 25
$8.0B
Q1 25
$8.8B
Q4 24
$12.0B
$2.3B
Q3 24
$9.0B
$1.5B
Q2 24
$9.3B
$1.6B
Q1 24
$9.7B
$1.7B
Total Debt
AMGN
AMGN
RVMD
RVMD
Q4 25
$54.6B
Q3 25
$54.6B
Q2 25
$56.2B
Q1 25
$57.4B
Q4 24
$60.1B
Q3 24
$60.4B
Q2 24
$62.6B
Q1 24
$64.0B
Stockholders' Equity
AMGN
AMGN
RVMD
RVMD
Q4 25
$8.7B
Q3 25
$9.6B
Q2 25
$7.4B
Q1 25
$6.2B
Q4 24
$5.9B
$2.3B
Q3 24
$7.5B
$1.6B
Q2 24
$5.9B
$1.6B
Q1 24
$5.0B
$1.7B
Total Assets
AMGN
AMGN
RVMD
RVMD
Q4 25
$90.6B
Q3 25
$90.1B
Q2 25
$87.9B
Q1 25
$89.4B
Q4 24
$91.8B
$2.6B
Q3 24
$90.9B
$1.8B
Q2 24
$90.9B
$1.8B
Q1 24
$93.0B
$1.9B
Debt / Equity
AMGN
AMGN
RVMD
RVMD
Q4 25
6.31×
Q3 25
5.67×
Q2 25
7.57×
Q1 25
9.24×
Q4 24
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
AMGN
AMGN
RVMD
RVMD
Operating Cash FlowLast quarter
$1.6B
$-138.3M
Free Cash FlowOCF − Capex
$961.0M
$-139.5M
FCF MarginFCF / Revenue
9.7%
Capex IntensityCapex / Revenue
6.5%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$8.1B
$-567.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMGN
AMGN
RVMD
RVMD
Q4 25
$1.6B
Q3 25
$4.7B
Q2 25
$2.3B
Q1 25
$1.4B
Q4 24
$4.8B
$-138.3M
Q3 24
$3.6B
$-130.4M
Q2 24
$2.5B
$-128.2M
Q1 24
$689.0M
$-160.6M
Free Cash Flow
AMGN
AMGN
RVMD
RVMD
Q4 25
$961.0M
Q3 25
$4.2B
Q2 25
$1.9B
Q1 25
$980.0M
Q4 24
$4.4B
$-139.5M
Q3 24
$3.3B
$-133.9M
Q2 24
$2.2B
$-130.6M
Q1 24
$459.0M
$-163.7M
FCF Margin
AMGN
AMGN
RVMD
RVMD
Q4 25
9.7%
Q3 25
44.4%
Q2 25
20.8%
Q1 25
12.0%
Q4 24
48.4%
Q3 24
39.0%
Q2 24
26.5%
Q1 24
6.2%
Capex Intensity
AMGN
AMGN
RVMD
RVMD
Q4 25
6.5%
Q3 25
4.6%
Q2 25
4.0%
Q1 25
5.0%
Q4 24
4.1%
Q3 24
3.0%
Q2 24
2.8%
Q1 24
3.1%
Cash Conversion
AMGN
AMGN
RVMD
RVMD
Q4 25
1.20×
Q3 25
1.46×
Q2 25
1.59×
Q1 25
0.80×
Q4 24
7.61×
Q3 24
1.26×
Q2 24
3.30×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMGN
AMGN

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

RVMD
RVMD

Segment breakdown not available.

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