What is Biogen's intangibles (net)?

Biogen (BIIB) reported intangibles (net) of $7.25B in Q1 2026.

How has Biogen's intangibles (net) changed year-over-year?

Biogen's intangibles (net) decreased by 6.7% year-over-year, from $7.78B to $7.25B.

What is the long-term trend for Biogen's intangibles (net)?

Over 5 years (2020 to 2025), Biogen's intangibles (net) has grown at a 26.7% compound annual growth rate (CAGR), from $2.26B to $7.38B.

What does intangibles (net) mean?

Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

Biogen BIIB Intangibles (Net)

Intangibles (Net) at other companies

Eli LillyLLY

$7.37B+22.7%

Rogers CorporationROG

$95.8M-12.6%

Acadia PharmaceuticalsACAD

$106.17M-9.3%

OrganonOGN

$1.1B-22.4%

Catalyst PharmaceuticalCPRX

$121.97M-17.2%

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$31.9B+71.5%

Enterprise value$35.08B+56.4%

P/E22.5×+10.3×

P/S3.2×+1.3×

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:FiniteLivedIntangibleAssetsNet.

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 intangibles (net)?: Biogen (BIIB) reported intangibles (net) of $7.25B in Q1 2026.
How has Biogen's intangibles (net) changed year-over-year?: Biogen's intangibles (net) decreased by 6.7% year-over-year, from $7.78B to $7.25B.
What is the long-term trend for Biogen's intangibles (net)?: Over 5 years (2020 to 2025), Biogen's intangibles (net) has grown at a 26.7% compound annual growth rate (CAGR), from $2.26B to $7.38B.
What does intangibles (net) mean?: Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.