What is Biogen's inventories?

Biogen (BIIB) reported inventories of $135.7M in Q2 2026.

How has Biogen's inventories changed year-over-year?

Biogen's inventories decreased by 9.9% year-over-year, from $150.6M to $135.7M.

What is the long-term trend for Biogen's inventories?

Over 5 years (2020 to 2025), Biogen's inventories has grown at a -32.9% compound annual growth rate (CAGR), from $1.07B to $145.4M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Biogen BIIB Inventories

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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$30.36B+66.6%

Enterprise value$36.63B+66.1%

P/E34.4×+22.5×

P/S3×+1.2×

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

Reported directly by Biogen in its filing.

Tagged under the XBRL concept us-gaap:InventoryNoncurrent.

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

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Questions, answered.

What is Biogen's inventories?: Biogen (BIIB) reported inventories of $135.7M in Q2 2026.
How has Biogen's inventories changed year-over-year?: Biogen's inventories decreased by 9.9% year-over-year, from $150.6M to $135.7M.
What is the long-term trend for Biogen's inventories?: Over 5 years (2020 to 2025), Biogen's inventories has grown at a -32.9% compound annual growth rate (CAGR), from $1.07B to $145.4M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.