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

XP Inc. is the larger business by last-quarter revenue ($13.5B vs $8.6B, roughly 1.6× Amgen). Amgen runs the higher net margin — 21.1% vs 0.0%, a 21.1% gap on every dollar of revenue.

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.

XP Inc. is a Brazilian investment management company. The company offers fixed income, equities, investment funds, and private pension products, as well as offers wealth management and other financial services. XP serves customers in Brazil and has offices in São Paulo, Rio de Janeiro, New York, Miami, London and Geneva.

AMGN vs XP — Head-to-Head

Bigger by revenue
XP
XP
1.6× larger
XP
$13.5B
$8.6B
AMGN
Higher net margin
AMGN
AMGN
21.1% more per $
AMGN
21.1%
0.0%
XP

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AMGN
AMGN
XP
XP
Revenue
$8.6B
$13.5B
Net Profit
$1.8B
$22.0K
Gross Margin
68.2%
Operating Margin
30.9%
1.1%
Net Margin
21.1%
0.0%
Revenue YoY
5.8%
Net Profit YoY
EPS (diluted)
$3.34
$536884.00

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
XP
XP
Q1 26
$8.6B
Q4 25
$9.9B
Q3 25
$9.6B
$13.5B
Q2 25
$9.2B
$8.8B
Q1 25
$8.1B
$4.3B
Q4 24
$9.1B
Q3 24
$8.5B
$12.6B
Q2 24
$8.4B
$8.3B
Net Profit
AMGN
AMGN
XP
XP
Q1 26
$1.8B
Q4 25
$1.3B
Q3 25
$3.2B
$22.0K
Q2 25
$1.4B
$22.0K
Q1 25
$1.7B
$22.0K
Q4 24
$627.0M
Q3 24
$2.8B
$21.0K
Q2 24
$746.0M
$21.0K
Gross Margin
AMGN
AMGN
XP
XP
Q1 26
68.2%
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%
Operating Margin
AMGN
AMGN
XP
XP
Q1 26
30.9%
Q4 25
27.6%
Q3 25
26.4%
1.1%
Q2 25
28.9%
1.0%
Q1 25
14.5%
1.1%
Q4 24
25.4%
Q3 24
24.1%
1.0%
Q2 24
22.8%
0.9%
Net Margin
AMGN
AMGN
XP
XP
Q1 26
21.1%
Q4 25
13.5%
Q3 25
33.7%
0.0%
Q2 25
15.6%
0.0%
Q1 25
21.2%
0.0%
Q4 24
6.9%
Q3 24
33.3%
0.0%
Q2 24
8.9%
0.0%
EPS (diluted)
AMGN
AMGN
XP
XP
Q1 26
$3.34
Q4 25
$2.45
Q3 25
$5.93
$536884.00
Q2 25
$2.65
$537811.00
Q1 25
$3.20
$539533.00
Q4 24
$1.17
Q3 24
$5.22
$550958.00
Q2 24
$1.38
$554030.00

Balance Sheet & Financial Strength

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

Metric
AMGN
AMGN
XP
XP
Cash + ST InvestmentsLiquidity on hand
$12.0M
Total DebtLower is stronger
$57.3B
Stockholders' EquityBook value
$9.2B
$20.0B
Total Assets
$92.5B
$347.5B
Debt / EquityLower = less leverage
6.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMGN
AMGN
XP
XP
Q1 26
$12.0M
Q4 25
$9.1B
Q3 25
$9.4B
Q2 25
$8.0B
Q1 25
$8.8B
Q4 24
$12.0B
Q3 24
$9.0B
Q2 24
$9.3B
Total Debt
AMGN
AMGN
XP
XP
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
Q2 24
$62.6B
Stockholders' Equity
AMGN
AMGN
XP
XP
Q1 26
$9.2B
Q4 25
$8.7B
Q3 25
$9.6B
$20.0B
Q2 25
$7.4B
$20.0B
Q1 25
$6.2B
$20.0B
Q4 24
$5.9B
Q3 24
$7.5B
$19.5B
Q2 24
$5.9B
$19.5B
Total Assets
AMGN
AMGN
XP
XP
Q1 26
$92.5B
Q4 25
$90.6B
Q3 25
$90.1B
$347.5B
Q2 25
$87.9B
$347.5B
Q1 25
$89.4B
$347.5B
Q4 24
$91.8B
Q3 24
$90.9B
$249.0B
Q2 24
$90.9B
$249.0B
Debt / Equity
AMGN
AMGN
XP
XP
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×
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
XP
XP
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
XP
XP
Q1 26
$2.2B
Q4 25
$1.6B
Q3 25
$4.7B
Q2 25
$2.3B
Q1 25
$1.4B
Q4 24
$4.8B
Q3 24
$3.6B
Q2 24
$2.5B
Free Cash Flow
AMGN
AMGN
XP
XP
Q1 26
$1.5M
Q4 25
$961.0M
Q3 25
$4.2B
Q2 25
$1.9B
Q1 25
$980.0M
Q4 24
$4.4B
Q3 24
$3.3B
Q2 24
$2.2B
FCF Margin
AMGN
AMGN
XP
XP
Q1 26
0.0%
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%
Capex Intensity
AMGN
AMGN
XP
XP
Q1 26
0.0%
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%
Cash Conversion
AMGN
AMGN
XP
XP
Q1 26
1.20×
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×

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%

XP
XP

Segment breakdown not available.

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