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Biogen BIIB Restructuring Charges

Restructuring Charges at other companies

Solid Biosciences Inc. logo
Solid Biosciences Inc.SLDB
-$63K-104%
Organon logo
OrganonOGN
$31M-64.0%

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$30.48B+60.7%
Enterprise value$36.75B+61.2%
P/E34.5×+22.1×
P/S+1.1×

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:RestructuringCharges.

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
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
Total cost and expense2,603.61,901.54,703.74,021.3
Income before income tax (benefit) expense132.4744.0510.11,055.2
Income tax (benefit) expense34.9109.293.1179.9

Item 1. Financial Statements (unaudited)

FAQ

What is Biogen's restructuring charges?
Biogen (BIIB) reported restructuring charges of $165.4M in Q2 2026.
How has Biogen's restructuring charges changed year-over-year?
Biogen's restructuring charges increased by 23728.6% year-over-year, from -$700K to $165.4M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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