Discontinued — last reported Q2 '22

Current Liabilities

Income Taxes Payable

Biogen Income Taxes Payable decreased by 18.5% to $93.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 85.1%, from $626.10M to $93.60M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -4.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ2 2022

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

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$230.90M$234.20M$174.70M$317.30M$284.90M$237.30M$259.90M$235.50M$260.00M$243.80M$257.40M$231.20M$281.60M$499.10M$548.30M$626.10M$114.80M$103.30M$114.80M$93.60M
QoQ Change+1.4%-25.4%+81.6%-10.2%-16.7%+9.5%-9.4%+10.4%-6.2%+5.6%-10.2%+21.8%+77.2%+9.9%+14.2%-81.7%-10.0%+11.1%-18.5%
YoY Change+23.4%+1.3%+48.8%-25.8%-8.7%+2.7%-1.0%-1.8%+8.3%+104.7%+113.0%+170.8%-59.2%-79.3%-79.1%-85.1%
Range$93.60M$626.10M
CAGR-17.3%
Avg YoY Growth+8.3%
Median YoY Growth+0.2%

Income Taxes Payable at Other Companies

Frequently Asked Questions

What is Biogen's income taxes payable?
Biogen (BIIB) reported income taxes payable of $93.60M in Q1 2026.
How has Biogen's income taxes payable changed year-over-year?
Biogen's income taxes payable decreased by 85.1% year-over-year, from $626.10M to $93.60M.
What is the long-term trend for Biogen's income taxes payable?
Over 5 years (2020 to 2025), Biogen's income taxes payable has grown at a -4.2% compound annual growth rate (CAGR), from $142.00M to $114.80M.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.