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Biogen BIIB Rare Disease Product Revenue — Total Revenue

Other product segments

TYSABRI
$441.5M+15.7%
SPINRAZA
$374M-11.8%
VUMERITY
$179M+29.0%
AVONEX
$163.2M-2.2%
SKYCLARYS
$150.7M+21.6%
BENEPALI
$122.1M+9.7%
TECFIDERA
$109.5M-46.9%
PLEGRIDY
$64.3M+8.1%
ZURZUVAE
$55.4M+100%
IMRALDI
$49.6M+4.6%
QALSODY
$32.5M+110%
FLIXABI
$10.5M-19.8%
BYOOVIZ
$0-100%
FAMPYRA
$0-100%
FUMADERM And ADUHELM
$0-100%
TOFIDENCE
$0-100%

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RYTMProduct revenue, net — Total revenues
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Other financials

Income statement

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Revenue$2.5B+1.9%
Gross profit$1.8B+0.8%
Operating income$610.7M
Net income$319.5M+32.8%
EPS (diluted)$2.15+31.1%

Balance sheet

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Cash & equivalents$3.4B+30.2%
Total debt$6.6B+34.7%
Total equity$18.7B+9.9%
Total assets$29.5B+5.2%

Cash flow

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Operating cash flow$645.5M+149%
CapEx$51.2M+38.0%
Free cash flow$594.3M+167%

Valuation

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Market cap$31.89B+72.3%
Enterprise value$35.07B+57.0%
P/E22.5×+10.4×
P/S3.2×+1.4×

Profitability

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Gross margin75.5%-0.1pp
Operating margin22.9%
Net margin14.3%-0.8pp
FCF margin24.4%-0.4pp

Returns & leverage

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Return on equity8%-1.2pp
Debt / equity0.4×+0.1×
Current ratio3.1×+1.6×

Where this comes from

Reported directly by Biogen in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Biogen’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biogen's rare disease product revenue — total revenue?
Biogen (BIIB) reported rare disease product revenue — total revenue of $557.2M in Q1 2026.
How has Biogen's rare disease product revenue — total revenue changed year-over-year?
Biogen's rare disease product revenue — total revenue decreased by 1.1% year-over-year, from $563.3M to $557.2M.
What is the long-term trend for Biogen's rare disease product revenue — total revenue?
Over 4 years (2021 to 2025), Biogen's rare disease product revenue — total revenue has grown at a 3.1% compound annual growth rate (CAGR), from $1.91B to $2.15B.
What does rare disease product revenue — total revenue mean?
This metric represents the total gross revenue generated from the sale of pharmaceutical products specifically indicated for the treatment of rare or orphan diseases. It reflects the company's commercial success in addressing niche therapeutic areas with high unmet medical needs and often premium pricing structures. This revenue stream is a critical indicator of the company's diversification strategy beyond its core multiple sclerosis portfolio.