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Biogen BIIB EBITDA margin

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Other financials

Income statement

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Revenue$2.7B+3.4%
Gross profit$2.0B-4.0%
Operating income$610.7M
Net income$97.5M-84.6%
EPS (diluted)$0.66-84.8%

Balance sheet

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Cash & equivalents$1.3B-53.4%
Total debt$7.6B+14.6%
Total equity$18.8B+6.9%
Total assets$32.1B+13.3%

Cash flow

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Operating cash flow$448.9M+179%
CapEx$40.9M+53.8%
Free cash flow$408.0M+204%

Valuation

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Market cap$30.53B+61.0%
Enterprise value$36.8B+61.4%
P/E34.6×+22.2×
P/S+1.1×

Profitability

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Gross margin74%-1.4pp
Operating margin22.9%
Net margin8.8%-6.5pp
FCF margin26.9%+7.1pp

Returns & leverage

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Return on equity4.8%-4.3pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.6×

Where this comes from

Calculated from Biogen’s reported figures.

Based on trailing twelve months.

The source filing: Biogen’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 6:36 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000875045-26-000075

FAQ

What is Biogen's EBITDA margin?
Biogen (BIIB) reported EBITDA margin of 21.2% in Q2 2026.
How has Biogen's EBITDA margin changed year-over-year?
Biogen's EBITDA margin decreased by 22.4% year-over-year, from 27.4% to 21.2%.
What is the long-term trend for Biogen's EBITDA margin?
Over 5 years (2020 to 2025), Biogen's EBITDA margin has grown at a -8.0% compound annual growth rate (CAGR), from 39.7% to 26.2%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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