What is Biogen's long-term debt?

Biogen (BIIB) reported long-term debt of $7.29B in Q2 2026.

How has Biogen's long-term debt changed year-over-year?

Biogen's long-term debt increased by 16.0% year-over-year, from $6.28B to $7.29B.

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

Over 5 years (2020 to 2025), Biogen's long-term debt has grown at a -3.3% compound annual growth rate (CAGR), from $7.43B to $6.29B.

What does long-term debt mean?

Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

Biogen BIIB Long-Term Debt

Long-Term Debt at other companies

Eli LillyLLY

$39.37B+14.1%

TG TherapeuticsTGTX

$745.14M+204%

Scholar RockSRRK

$196.61M+295%

Taysha Gene Therapies, Inc.TSHA

$48.96M+15.3%

OrganonOGN

$8.55B-4.3%

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

See full

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:LongTermDebt.

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 long-term debt?: Biogen (BIIB) reported long-term debt of $7.29B in Q2 2026.
How has Biogen's long-term debt changed year-over-year?: Biogen's long-term debt increased by 16.0% year-over-year, from $6.28B to $7.29B.
What is the long-term trend for Biogen's long-term debt?: Over 5 years (2020 to 2025), Biogen's long-term debt has grown at a -3.3% compound annual growth rate (CAGR), from $7.43B to $6.29B.
What does long-term debt mean?: Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.