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Biogen BIIB Amortization and impairment of acquired intangible assets

Amortization and impairment of acquired intangible assets at other companies

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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$30.72B+63.7%
Enterprise value$36.99B+63.7%
P/E34.8×+22.5×
P/S3.1×+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 biib:AmortizationAndImpairmentOfAcquiredIntangibleAssets.

The source filing: Biogen’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 6:36 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000875045-26-000075
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Research and development529.6399.01,068.6833.1
Acquired in-process research and development, upfront and milestone expense164.046.6198.0247.3
Selling, general and administrative709.7583.81,317.01,156.3
Amortization and impairment of acquired intangible assets168.2130.9304.7242.7
Collaboration profit sharing/(loss reimbursement)68.875.0143.0133.1
(Gain) loss on fair value remeasurement of contingent consideration2.513.223.022.8
Restructuring charges165.4(0.7)173.334.6
Other (income) expense, net18.548.738.2117.1

Item 1. Financial Statements (unaudited)

FAQ

What is Biogen's amortization and impairment of acquired intangible assets?
Biogen (BIIB) reported amortization and impairment of acquired intangible assets of $168.2M in Q2 2026.
How has Biogen's amortization and impairment of acquired intangible assets changed year-over-year?
Biogen's amortization and impairment of acquired intangible assets increased by 28.5% year-over-year, from $130.9M to $168.2M.
What is the long-term trend for Biogen's amortization and impairment of acquired intangible assets?
Over 3 years (2022 to 2025), Biogen's amortization and impairment of acquired intangible assets has grown at a 12.1% compound annual growth rate (CAGR), from $365.9M to $515M.
What does amortization and impairment of acquired intangible assets mean?
The non-cash expense related to the systematic write-down of the value of acquired intangible assets, such as patents or licenses, over their useful lives. It also includes impairment charges if the asset's value declines significantly.

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