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Biogen BIIB Total Revenue

Total Revenue at other companies

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$22.97B+47.7%
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$25.56M-8.0%
Syndax Pharmaceuticals logo
Syndax PharmaceuticalsSNDX
$64.86M+224%

Segments

By product

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TYSABRI$450.8M-0.8%
SPINRAZA$401.9M+2.3%
VUMERITY$196.5M-7.4%
AVONEX$170M-4.3%
SKYCLARYS$167.9M+28.9%
BENEPALI$106.8M-4.7%

By segment

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Reportable Segment$2.74B+3.4%

Other financials

Income statement

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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$32.66B+63.4%
Enterprise value$38.93B+63.4%
P/E37×+23.9×
P/S3.3×+1.3×

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:Revenues.

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
Revenue from anti-CD20 therapeutic programs513.5467.3932.6845.5
Alzheimer's collaboration revenue63.754.9123.287.9
Contract manufacturing, royalty and other revenue242.4244.6489.3537.9
Total revenue2,736.02,645.55,213.85,076.5
Cost and expense:
Cost of sales, excluding amortization and impairment of acquired intangible assets776.9605.01,437.91,234.3
Research and development529.6399.01,068.6833.1
Acquired in-process research and development, upfront and milestone expense164.046.6198.0247.3

Item 1. Financial Statements (unaudited)

FAQ

What is Biogen's total revenue?
Biogen (BIIB) reported total revenue of $2.74B in Q2 2026.
How has Biogen's total revenue changed year-over-year?
Biogen's total revenue increased by 3.4% year-over-year, from $2.65B to $2.74B.
What is the long-term trend for Biogen's total revenue?
Over 4 years (2021 to 2025), Biogen's total revenue has grown at a -2.6% compound annual growth rate (CAGR), from $10.98B to $9.89B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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