BIIB — BIOGEN INC.

Nasdaq · Health Care · Biotechnology · CIK 875045 ·
Last close
$202.95
Market Cap
$29.99B
52W High
$219.72
52W Low
$184.90
ADV30
1,451,331
Next earnings
2026-10-29
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
Jun 2026
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

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
$10,027,899,904
EBITDA
$3,359,200,000
Free Cash Flow
$1,266,987,520
Enterprise Value
$37,792,587,776
Total Cash
$1,284,999,936
Total Debt
$8,355,100,160
Shares Out
147,753,998
Trailing EPS
$5.59
Book Value
$124.36
ROE
4.6%
ROA
5.2%
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
$16.58

Max Pain — expiry 2026-09-18

max pain strike: $200.00 · spot: $202.95 · call oi: 4,780 · put oi: 5,305
Expected Move to 2026-09-18: ±$20.30 (10.00%) — implied range $182.65$223.25 · ATM straddle on $200.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
BNTX BioNTech SE $22.91B $90.58
RVMD Revolution Medicines, Inc. $39.87B $187.53
MRNA Moderna, Inc. $21.75B $54.82
ARGX ARGENX SE $53.42B $853.82
NBIX NEUROCRINE BIOSCIENCES INC $16.77B $166.80

News headlines (Yahoo Finance, 1h cache)

Is The Recent Pullback In Alnylam Stock An Opportunity Or A Trap?
2026-07-31 19:29 · Yahoo
Biogen (BIIB) Is Up 5.8% After Earnings Compression Amid Revenue Growth – Is Profitability Peaking?
2026-07-30 06:08 · Yahoo
Why Biogen Stock Topped the Market Today
2026-07-29 23:43 · Yahoo
Biogen Inc (BIIB) Q2 2026 Earnings Call Highlights: Strong Growth in Core Pharmaceuticals and ...
2026-07-29 21:03 · Yahoo
Biogen Inc. Q2 2026 Earnings Call Summary
2026-07-29 19:31 · Yahoo
Drugmakers Climb On Q2 Reports, Even As One Misses Profit Views
2026-07-29 17:20 · Yahoo
Why Biogen Stock Is Resisting a Market Downturn After Earnings
2026-07-29 16:21 · Yahoo
Biogen's Q2 Earnings Beat, New Drugs Drive Sales, 2026 Guidance Raised
2026-07-29 15:09 · Yahoo
Biogen Q2 Earnings Call Highlights
2026-07-29 14:04 · Yahoo
Biogen (BIIB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2026-07-29 14:00 · Yahoo

Recent Insider Activity

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