Biogen

Health Care Biotechnology Cambridge, Massachusetts Last filing Feb 6, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

17 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$0	$2.4B	$1.0B	$3.4B	$2.3B
BS Assets Short Term Invest	$0	$179.7M	$416.8M	$1.5B	$1.5B
BS Assets Accts Receivable	$0	$1.4B	$1.7B	$1.7B	$1.5B
BS Assets Inventory	$0	$2.5B	$2.5B	$1.3B	$1.4B
BS Assets Prepaid Expenses	$0	$752.5M	$1.2B	$1.4B	$740.8M
BS Assets PPE	$0	$3.2B	$3.3B	$3.3B	$3.4B
BS Assets Goodwill	$12.4M	$6.5B	$6.2B	$5.7B	$5.8B
BS Assets Intangible Assets	$0	$9.7B	$8.4B	$1.9B	$2.2B
BS Liab Accts Payable	$0	$424.2M	$403.3M	$491.5M	$589.2M
BS Liab Accrued Liab	$0	$0	$117.5M	$0	$0
BS Liab Other Current	$0	$2.8B	$2.6B	$2.5B	$2.5B
BS Liab Long Term Debt	$0	$6.3B	$6.9B	$6.3B	$6.3B
BS Liab Other Noncurrent	$0	$732.3M	$781.1M	$944.2M	$1.3B
BS Equity Preferred Stock	$0	$0	$0	$0	$0
BS Equity Common Stock	$0	$100.0K	$100.0K	$100.0K	$100.0K
BS Equity Treasury Stock	$0	$3.0B	$3.0B	$3.0B	$3.0B
BS Equity AOCI	$0	$-136.2M	$-153.7M	$-164.9M	$-106.7M

Income Statement

Revenue, expense, and profitability

19 accounts · 5 years

Revenue $9.9B

Operating income $2.8B

Net income $1.3B

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$9.9B	$9.7B	$9.8B	$10.2B	$11.0B
IS Expense COGS	$2.4B	$2.3B	$2.5B	$2.3B	$2.1B
IS Expense Rn D	$1.8B	$2.0B	$2.4B	$2.2B	$2.5B
IS Expense SGA	$2.4B	$2.4B	$2.5B	$2.4B	$2.7B
IS Expense DA	$779.9M	$673.2M	$494.8M	$518.4M	$487.7M
IS Expense SBC	$290.8M	$291.2M	$264.2M	$254.1M	$238.6M
IS Expense Restructuring	$48.6M	$30.2M	$218.8M	$131.1M	$0
IS Expense Total Opex	$8.3B	$7.8B	$8.5B	$6.6B	$9.2B
IS Interest Income	$125.0M	$67.6M	$276.5M	$89.3M	$11.0M
IS Interest Expense	$267.5M	$250.3M	$246.9M	$246.6M	$253.6M
IS Other Nonop Inc Exp	$-24.7M	$3.3M	$-400.0K	$10.1M	$5.6M
IS Pre Tax Income	$1.6B	$1.9B	$1.3B	$3.6B	$1.7B
IS Tax Expense	$263.6M	$273.8M	$135.3M	$632.8M	$52.5M
IS net Income	$1.3B	$1.6B	$1.2B	$3.0B	$1.6B
IS Comprehensive Income	$1.2B	$1.6B	$1.2B	$3.0B	$1.7B
IS EPS Basic	$9	$11	$8	$21	$10
IS EPS Diluted	$9	$11	$8	$21	$10
IS Shares Basic	$146.5M	$145.6M	$144.7M	$145.3M	$149.1M
IS Shares Diluted	$147.1M	$145.9M	$145.6M	$146.0M	$149.6M

Cash Flow Statement

Operating, investing, and financing flows

18 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$1.3B	$1.6B	$1.2B	$3.0B	$1.6B
CF Ops DA	$779.9M	$673.2M	$494.8M	$518.4M	$487.7M
CF Ops SBC	$290.8M	$291.2M	$264.2M	$254.1M	$238.6M
CF Ops Deferred Tax	$361.6M	$-158.1M	$-305.8M	$-168.6M	$-426.8M
CF Ops Working Capital	$133.1M	$76.1M	$-132.0M	$410.2M	$42.2M
CF Ops Other	$-248.0M	$-178.7M	$-73.9M	$-92.0M	$-144.5M
CF Ops net Cash	$2.2B	$2.9B	$1.5B	$1.4B	$3.6B
CF Inv Capex	$153.8M	$153.7M	$277.0M	$240.3M	$258.1M
CF Inv Purchase Investments	$1.3B	$0	$5.1B	$3.4B	$3.8B
CF Inv Other	$-42.9M	$4.7M	$11.3M	$-24.4M	$-12.9M
CF Inv net Cash	$-1.4B	$-799.2M	$-4.1B	$1.6B	$-563.7M
CF Fin Debt Issuance	$1.7B	$0	$997.2M	$0	$0
CF Fin Debt Repayment	$1.8B	$650.0M	$809.9M	$0	$0
CF Fin Tax Withholding	$10.0M	$31.3M	$44.3M	$1.9M	$700.0K
CF Fin Other	$5.0M	$-2.2M	$-6.0M	$-5.6M	$-21.1M
CF Fin net Cash	$-301.9M	$-683.5M	$149.3M	$-1.7B	$-2.1B
CF FX Effect	$101.9M	$-67.7M	$35.1M	$-55.7M	$-59.8M
CF net Change	$531.6M	$1.4B	$-2.4B	$1.2B	$990.0M

Stock Data

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

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