BIIB — BIOGEN INC.

Nasdaq · Health Care · Biotechnology · CIK 875045 ·
Last close
$199.10
Market Cap
$29.39B
52W High
$205.97
52W Low
$168.64
ADV30
1,133,489
Next earnings
2026-07-30
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
$30,717,061,120
Total Cash
$4,282,700,032
Total Debt
$6,561,900,032
Shares Out
147,637,117
Trailing EPS
$9.30
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
$16.65

Max Pain — expiry 2027-01-15

max pain strike: $180.00 · spot: $199.10 · call oi: 181 · put oi: 2,656
Expected Move to 2027-01-15: ±$44.07 (22.13%) — implied range $155.03$243.17 · ATM straddle on $200.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
RVMD Revolution Medicines, Inc. $31.79B $149.55
BNTX BioNTech SE $21.87B $86.50
MRNA Moderna, Inc. $18.94B $47.73
NBIX NEUROCRINE BIOSCIENCES INC $16.61B $165.24
ARGX ARGENX SE $54.97B $884.00

News headlines (Yahoo Finance, 1h cache)

EVERSANA Strengthens Commitment to Driving Market Access Growth with Addition of Industry Expert Jen Norton
2026-06-09 12:16 · Yahoo
Should Biogen’s (BIIB) New SMA Breakthrough and Lupus Data Prompt a Fresh Look From Investors?
2026-06-05 20:04 · Yahoo
A Look At Biogen (BIIB) Valuation After New Breakthrough SMA Nod And Positive Lupus Phase 3 Data
2026-06-05 19:12 · Yahoo
BIIB's Next-Gen SMA Therapy Salanersen Wins FDA's Breakthrough Tag
2026-06-05 16:04 · Yahoo
Repligen (RGEN) Down 3.2% Since Last Earnings Report: Can It Rebound?
2026-06-04 15:30 · Yahoo
Biogen’s Salanersen Receives FDA Breakthrough Therapy Designation for Spinal Muscular Atrophy
2026-06-04 11:30 · Yahoo
EULAR 2026: Dapirolizumab Pegol Shows Potential to Reduce Flare Rates and Maintain Disease Control in Systemic Lupus Erythematosus
2026-06-04 05:00 · Yahoo
Ocugen's Gene-Agnostic Eye Therapies Could Reshape Late-Stage Care
2026-06-03 15:50 · Yahoo
Biogen Announces Upcoming Kidney Presentations at European Renal Association and American Transplant Congresses
2026-06-03 11:30 · Yahoo
Getting Alzheimer’s Drugs Into the Brain Is Hard. Now There’s a New Trick.
2026-06-03 07:30 · Yahoo

Recent Insider Activity

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