Non-Current Liabilities

Operating Lease Liabilities

Biogen Operating Lease Liabilities decreased by 5.9% to $273.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.5%, from $323.40M to $273.40M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -6.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$363.90M$348.20M$330.40M$312.30M$274.20M$354.80M$333.00M$327.00M$304.40M$428.80M$400.00M$406.50M$367.50M$357.00M$334.50M$323.40M$310.90M$305.00M$290.40M$273.40M
QoQ Change-4.3%-5.1%-5.5%-12.2%+29.4%-6.1%-1.8%-6.9%+40.9%-6.7%+1.6%-9.6%-2.9%-6.3%-3.3%-3.9%-1.9%-4.8%-5.9%
YoY Change-24.6%+1.9%+0.8%+4.7%+11.0%+20.9%+20.1%+24.3%+20.7%-16.7%-16.4%-20.4%-15.4%-14.6%-13.2%-15.5%
Range$273.40M$428.80M
CAGR-5.8%
Avg YoY Growth-2.0%
Median YoY Growth-6.2%
Current Streak8 quarters decline

Frequently Asked Questions

What is Biogen's operating lease liabilities?
Biogen (BIIB) reported operating lease liabilities of $273.40M in Q1 2026.
How has Biogen's operating lease liabilities changed year-over-year?
Biogen's operating lease liabilities decreased by 15.5% year-over-year, from $323.40M to $273.40M.
What is the long-term trend for Biogen's operating lease liabilities?
Over 5 years (2020 to 2025), Biogen's operating lease liabilities has grown at a -6.3% compound annual growth rate (CAGR), from $402.00M to $290.40M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.