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Biogen BIIB Net margin

Net margin at other companies

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35%+12.3pp
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3.2%+1.9pp
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66%+55.8pp
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Acadia PharmaceuticalsACAD
34.3%+11.3pp
AnaptysBio, Inc. logo
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Syndax PharmaceuticalsSNDX
-111.9%-51.5pp

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$29.99B+54.7%
Enterprise value$36.26B+56.2%
P/E33.9×+21.3×
P/S+1.1×

Profitability

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Gross margin74%-1.4pp
Operating margin22.9%
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 net margin?
Biogen (BIIB) reported net margin of 8.8% in Q2 2026.
How has Biogen's net margin changed year-over-year?
Biogen's net margin decreased by 42.5% year-over-year, from 15.3% to 8.8%.
What is the long-term trend for Biogen's net margin?
Over 5 years (2020 to 2025), Biogen's net margin has grown at a -14.5% compound annual growth rate (CAGR), from 29.8% to 13.6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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