Amgen Reports 9% Revenue Growth in Q1 2025, Driven by Double-Digit Product Sales

Amgen Reports 9% Revenue Growth in Q1 2025, Driven by Double-Digit Product Sales

US biotech Amgen (NASDAQ: AMGN) revealed its 2025 Q1 financial results, recording USD 8.1 billion in revenues for the first quarter, representing a 9% year-on-year (YOY) increase. Product sales grew by 11% to USD 5.662 billion, driven by a 14% increase in volume, partially offset by a 6% decrease in net selling price.

Key Product Performance
Fourteen products delivered at least double-digit sales growth in the first quarter. Notable performers included Repatha (evolocumab) with a 27% increase, Evenity (romosozumab-aqqg) with a 29% increase, Blincyto (blinatumomab) with a 52% increase, Tezspire (tezepelumab-ekko) with a 65% increase, Tavneos (avacopan) with a 76% increase, and Uplizna (inebilizumab-cdon) with a 14% increase.

Core Product Sales Data

Trade nameGeneric nameTotal sales (USD mil.)YOY Growth rate
RepathaEvolocumab6.5627%
EvenityRomosozumab4.4229%
ProliaDenosumab10.9910%
UpliznaInebilizumab0.9114%
TavneosAvacopan0.9076%
TezspireTezepelumab2.8565%
OtezlaApremilast4.3711%
BlincytoBlinatumomab3.7052%

Full-Year Revenue Outlook
The company expects full-year revenues for 2025 to fall between USD 34.3 billion and USD 35.7 billion.-Fineline Info & Tech