Biogen Inc.

Biogen Inc.

BIIBยทNASDAQ

$195.96

+3.8%
HealthcareDrug Manufacturers - General

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; and FUMADERM to treat plaque psoriasis. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; ADUHELM for the treatment of Alzheimer's disease; IMRALDI, an adalimumab biosimilar referencing HUMIRA; and FLIXABI, an infliximab biosimilar referencing REMICADE. In addition, the company offers RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; and OCREVUS for treating relapsing MS and primary progressive MS; and other anti-CD20 therapies. Further, it develops BIIB135, BIIB061, BIIB091, and BIIB107 for MS and neuroimmunology; Aducanumab, Lecanemab, BIIB076, and BIIB080 to treat Alzheimer's disease and dementia; BIIB067, BIIB078, BIIB105, BIIB100, and BIIB110 to treat neuromuscular disorders; BIIB124, BIIB094, BIIB118, BIIB101, and BIIB122 for treating Parkinson's disease and movement disorders; BIIB125 and BIIB104 for treating neuropsychiatry; Dapirolizumab pegol and BIIB059 to treat immunology related diseases; BIIB093 and BIIB131 to treat acute neurology; BIIB074 for neuropathic pain; and BYOOVIZ, BIIB800, and SB15 biosimilars, which are under various stages of development. The company has collaboration and license agreements with Acorda Therapeutics, Inc.; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis Co., Ltd.; Sangamo Therapeutics, Inc.; and Sage Therapeutics, Inc. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$28.93B
EPS8.8500
P/E Ratio22.14
Earnings Date07/30/2026
3Y-4.0%
5Y-27.0%
10Y-14.0%
3Y-58.0%
5Y-68.0%
10Y-65.0%
3Y+59.0%
5Y-48.0%
10Y-51.0%
Biogen Inc.

Biogen Inc. Profit Bridge

BIIB ยท NASDAQ
Revenue9.81B
Cost of Goods Sold (2.90B)
Gross Profit6.91B
Operating Expenses (5.04B)
Operating Income1.88B
Interest Expense (246.00M)
Other Income/Expense-476.00M
Pretax Income1.40B
Income Tax (108.11M)
Net Income1.29B
Net Income
1.29B

Profitability Analysis

Gross Margin

70.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

19.1%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

13.2%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

7.7%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Biogen Inc. Income Statement

BIIB โ€ข NASDAQ

Biogen Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
9.8B
9.7B
9.8B
10.2B
11B
13.4B
14.4B
13.5B
12.3B
11.4B
10.8B
9.7B
6.9B
5.5B
5B
4.7B
4.4B
4.1B
3.2B
2.7B
GROSS PROFIT
(2.9B)
(2.3B)
(2.5B)
(2.3B)
(2.1B)
(1.8B)
(2B)
(1.8B)
(1.6B)
(1.4B)
(1.2B)
(1.2B)
(857.7M)
(545.5M)
(466.8M)
(400.3M)
(382.1M)
(402M)
(335.2M)
(274.4M)
6.9B
7.4B
7.3B
7.9B
8.9B
11.6B
12.4B
11.6B
10.6B
10B
9.5B
8.5B
6.1B
5B
4.6B
4.3B
4B
3.7B
2.8B
2.4B
OPERATING INCOME
(5B)
(4.9B)
(5.2B)
(5B)
(6.1B)
(7B)
(5.4B)
(5.7B)
(5.3B)
(4.9B)
(4.6B)
(4.6B)
(3.6B)
(3.1B)
(2.9B)
(3.1B)
(2.7B)
(2.5B)
(2.1B)
(2B)
(2.4B)
(2.4B)
(2.5B)
(2.4B)
(2.7B)
(2.5B)
(2.4B)
(2.1B)
(1.9B)
(1.9B)
(2.1B)
(2.2B)
(1.7B)
(1.3B)
(1.1B)
(1B)
(1.1B)
(1.1B)
(776.1M)
(685.1M)
(2B)
(2.5B)
(2.7B)
(2.6B)
(3.4B)
(4.5B)
(2.8B)
(2.7B)
(2.4B)
(2B)
(2B)
(1.9B)
(1.5B)
(1.4B)
(1.2B)
(1.2B)
(1.3B)
(1.1B)
(925.2M)
(718.4M)
1.9B
2.5B
2.1B
2.9B
2.8B
4.6B
7B
5.9B
5.3B
5.2B
4.9B
4B
2.5B
1.8B
1.7B
1.2B
1.3B
1.2B
779.8M
440M
PRE-TAX INCOME
(246M)
(250.3M)
(246.9M)
(246.6M)
(253.6M)
(222.5M)
(187.4M)
(200.6M)
(250.8M)
(260M)
(95.5M)
(29.5M)
(31.9M)
(36.5M)
(33M)
(36.1M)
(35.8M)
(52M)
(40.5M)
(871K)
-158.2M
-182.7M
29.6M
-157.3M
-242.6M
-180.5M
-67.4M
-88.1M
-172.3M
-196.6M
-73.4M
-17.3M
-23.7M
-7M
-13.8M
-13.8M
12.7M
20.1M
63.1M
100.3M
(647.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(250.5M)
(929.2M)
(988.1M)
(940.7M)
(506.5M)
(434.2M)
(391.1M)
(0.0)
(581.4M)
(787.1M)
(289.8M)
(348.5M)
(355.4M)
(565.2M)
-476M
-584.3M
-800.5M
705.3M
-1B
459.8M
3.9M
11M
-217M
-218.7M
-136.2M
-40.9M
-52.2M
12.1M
-13.5M
-19M
37.3M
-57.7M
130.8M
52.1M
1.4B
1.9B
1.3B
3.6B
1.8B
5.1B
7B
5.9B
5.1B
4.9B
4.8B
3.9B
2.5B
1.9B
1.7B
1.2B
1.3B
1.2B
910.6M
492.2M
NET INCOME
(108.1M)
(273.8M)
(135.3M)
(632.8M)
(52.5M)
(992.3M)
(1.2B)
(1.4B)
(2.5B)
(1.2B)
(1.2B)
(989.9M)
(601M)
(470.6M)
(444.5M)
(331.3M)
(355.6M)
(365.8M)
(272.4M)
(278.4M)
1.3B
1.6B
1.2B
3B
1.6B
4B
5.9B
4.4B
2.5B
3.7B
3.5B
2.9B
1.9B
1.4B
1.2B
1B
970.1M
783.2M
638.2M
217.5M

SEC Filings

BIIB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 09, 2026
2026
8-K

8-K 2026

N/A

April 06, 2026
April 06, 2026
2026
8-K

8-K 2026

N/A

March 31, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 11, 2026
2026
8-K

8-K 2026

N/A

February 11, 2026
February 11, 2026
2026
10-K

10-K 2025 FY

FY

February 06, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 06, 2026
February 06, 2026
2026
Showing 1 to 10 of 464 filings