BIIB — BIOGEN INC.

Nasdaq · Health Care · Biotechnology · CIK 875045 ·
Last close
$202.19
Market Cap
$29.85B
52W High
$219.72
52W Low
$179.15
ADV30
1,378,396
Next earnings
2026-07-29
Biogen Inc. discovers, develops, manufactures, and delivers therapies in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE. It offers LEQEMBI for the treatment of Alzheimer's disease; ZURZUVAE for the treatment of postpartum depression; RITUXAN to treat non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for aRelapsed or refractory diffuse large B-cell lymphoma; and other anti-CD20 therapies. Biogen Inc. has collaboration and license agreements with Merz Therapeutics; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; UCB; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and Sage Therapeutics, Inc., as well as collaborations with Stoke Therapeutics, Inc. for the development and commercialization of zorevunersen, a disease modifying medicine for the treatment of Dravet syndrome; Dayra Therapeutics, Inc. to develop oral macrocyclic peptides; Vanqua Bio, Inc. for developing Vanqua's preclinical oral C5aR1 antagonist compound; City Therapeutics, Inc. to develop select novel RNAi therapies; and ALTEOGEN Inc. to develop subcutaneous (SC) formulations of biologics utilizing ALT-B4. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 2,477,800,000 1,816,800,000 459,800,000 319,500,000 29,483,100,000 3,382,700,000 10,831,400,000
Dec 2025 2,279,400,000 1,783,900,000 385,500,000 -48,900,000 29,439,500,000 3,008,500,000 11,182,700,000
Sep 2025 2,534,700,000 1,860,300,000 606,500,000 466,500,000 29,207,500,000 3,862,800,000 11,000,000,000
Jun 2025 2,645,500,000 2,040,500,000 851,800,000 634,800,000 28,330,200,000 2,758,800,000 10,696,200,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$2,590,800,000
Investing CF
$-1,533,300,000
Financing CF
$-322,700,000
CapEx
$-274,500,000
Dividends Paid
Buybacks
EPS Diluted TTM
$9.32
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$20,872,200,000
Inventory
$1,949,000,000
Receivables
$1,790,400,000
ST Investments
$900,000,000
EBIT TTM
$1,898,100,000
Pretax Income TTM
$1,623,000,000
Interest Exp TTM
$275,100,000
Analysts
29

Yahoo Snapshot (yfinance, live)

Total Revenue
$9,937,399,808
EBITDA
$3,539,599,872
Free Cash Flow
$1,930,925,056
Enterprise Value
$31,898,159,104
Total Cash
$4,282,700,032
Total Debt
$6,561,900,032
Shares Out
147,637,117
Trailing EPS
$9.31
Book Value
$126.37
ROE
7.7%
ROA
6.0%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 9,890,600,000 2,469,000,000 1,292,900,000 29,439,500,000 11,182,700,000 2,204,600,000
Dec 2024 9,675,900,000 2,280,400,000 1,632,200,000 28,049,300,000 11,333,300,000 2,875,500,000
Dec 2023 9,835,600,000 1,847,700,000 1,161,100,000 26,844,800,000 12,045,400,000 1,547,200,000
Dec 2022 10,173,400,000 2,901,900,000 3,046,900,000 24,554,100,000 11,165,700,000 1,384,300,000

TTM Snapshot

Revenues TTM
$10,283,500,000
NetIncome TTM
$1,784,300,000
OpCashFlow TTM
$0
Assets (Latest)
$28,049,300,000
Forward EPS
$16.42

Max Pain — expiry 2026-09-18

max pain strike: $195.00 · spot: $202.19 · call oi: 4,319 · put oi: 4,822
Expected Move to 2026-09-18: ±$24.20 (11.97%) — implied range $177.99$226.39 · ATM straddle on $200.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
BNTX BioNTech SE $22.59B $89.33
RVMD Revolution Medicines, Inc. $40.23B $189.23
MRNA Moderna, Inc. $21.45B $54.07
NBIX NEUROCRINE BIOSCIENCES INC $17.67B $175.77
ARGX ARGENX SE $57.44B $918.22

News headlines (Yahoo Finance, 1h cache)

Biogen Q2 Earnings: Can New Drugs Counter Falling MS Sales?
2026-07-24 14:57 · Yahoo
Will PTC Therapeutics (PTCT) Report Negative Earnings Next Week? What You Should Know
2026-07-23 14:00 · Yahoo
Analysts Estimate Biogen Inc. (BIIB) to Report a Decline in Earnings: What to Look Out for
2026-07-22 14:00 · Yahoo
3 Profitable Stocks We Steer Clear Of
2026-07-21 12:46 · Yahoo
VERAXA Biotech Shows Regulatory Progress on Cancer Therapy Platform
2026-07-20 16:15 · Yahoo
Slate Medicines Appoints Mark W. Hahn to Board of Directors
2026-07-16 16:18 · Yahoo
Synapticure Launches Groundbreaking Ataxia Care Program, Expanding Access to Specialized Neurology Nationwide
2026-07-16 11:47 · Yahoo
3 Reasons to Avoid BIIB and 1 Stock to Buy Instead
2026-07-15 15:17 · Yahoo
Biogen Shares Decline After Detailed Diranersen Alzheimer's Study Data
2026-07-15 14:51 · Yahoo
Biogen Appoints Michael J. Parini as Chief Legal Officer
2026-07-15 12:15 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.