Current Assets

Income taxes receivable

Biogen Income taxes receivable decreased by 4.6% to $661.60M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.

Detailed definition

This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...

Peer comparison

Common for large corporations that manage complex tax filings across multiple jurisdictions.

Metric ID: income_taxes_receivable

Historical Data

2 periods
 Q4 '25Q1 '26
Value$693.60M$661.60M
QoQ Change-4.6%
Range$661.60M$693.60M

Frequently Asked Questions

What is Biogen's income taxes receivable?
Biogen (BIIB) reported income taxes receivable of $661.60M in Q1 2026.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax agencies.