Biogen Inc.

BIIB Healthcare Drug Manufacturers General

Biogen Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 2.22% from fiscal 2024. In the quarter to June 2026, revenue grew 3.42%, EPS fell 84.8%, free cash flow grew 103.3% and total debt rose 16.0%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

232.65 2.70 −1.15%
Market cap
$34.8B
P/E
41.0×
Fwd P/E
31.5×
Dividend yield
—
F-score
4/9
Altman Z
3.13
Beneish M
−2.67
Dividend safety
n/a

Biogen Inc. (BIIB) Net margin

Alert me on Net margin

Biogen Inc.'s net margin over the twelve months to 30 June 2026 was 8.32%, down 4.8 percentage points from fiscal 2025 (13.1%). Over the past ten years it has ranged from 11.8% (fiscal 2023) to 41.0% (fiscal 2019); the current reading is higher than 18% of that period. That is in line with the Drug Manufacturers General industry median of 8.27% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 13.1% (3.80)
FY2024 16.9% 5.06
FY2023 11.8% (18.14)
FY2022 30.0% 15.78
FY2021 14.2% (15.59)
FY2020 29.8% (11.20)
FY2019 41.0% 8.03
FY2018 32.9% 12.24
FY2017 20.7% (11.65)
FY2016 32.3% (0.61)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 3.56% (9.33)
Mar 2026 12.9% 15.04
Dec 2025 −2.15% (20.55)
Sep 2025 18.4% (5.60)
42 more quarters

Against its own ten years

Low 11.8% High 41.0%
Ten-year median 29.8%
Current reading's percentile 2

Net margin against peers

Company Net margin
NVO Novo Nordisk A/S compare 35.5%
AMGN Amgen Inc. compare 23.0%
BMY Bristol Myers Squibb Company compare 18.9%
AZN AstraZeneca PLC compare 17.0%
GSK GSK PLC Sponsored ADR compare 14.6%
BIIB Biogen Inc. 8.32%
SNY Sanofi compare 8.22%
PFE Pfizer Inc. compare 6.80%
GILD Gilead Sciences, Inc. compare −10.6%
Drug Manufacturers General industry median 8.27%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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