Biogen revenue and financials
$223.59Change from previous close: +1.69%Absolute change: +$3.71
In the fiscal year ended December 2025, Biogen reported revenue of $9.89B (+2.22% year over year). Net income was $1.29B, a net margin of 13.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +2.22%
- 2025 vs 2024
- Net income growth
- −20.79%
- 2025 vs 2024
- Net margin
- 13.1%
- 2024: 16.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 29,440 | 28,049 | 26,845 | 24,554 | 23,877 | 24,619 | 27,234 | 25,289 | 23,653 | 22,877 |
| Current assets | 8,974 | 7,457 | 6,859 | 9,791 | 7,857 | 6,887 | 8,382 | 7,641 | 7,873 | 8,732 |
| Cash and equivalents | 3,009 | 2,375 | 1,050 | 3,419 | 2,261 | 1,331 | 2,914 | 1,225 | 1,574 | 2,327 |
| Short-term investments | 807 | 0.0 | 0.0 | 1,474 | 1,541 | — | — | — | — | — |
| Receivables | 1,867 | 1,869 | 2,530 | 2,935 | 1,962 | — | — | — | — | — |
| Inventory | 2,168 | 2,461 | 2,527 | 1,344 | 1,352 | — | — | — | — | — |
| Net property, plant and equipment | 3,321 | 3,538 | 3,730 | 3,703 | 3,792 | — | — | — | — | — |
| Goodwill | 6,491 | 6,479 | 6,219 | 5,749 | 5,761 | 5,762 | 5,758 | 5,706 | 4,633 | 3,669 |
| Other intangible assets | 9,179 | 9,691 | 8,363 | 1,850 | 2,221 | — | — | — | — | — |
| Long-term investments | 955 | 424 | 626 | 1,776 | 2,826 | — | — | — | — | — |
| Current liabilities | 3,349 | 5,529 | 3,434 | 3,273 | 4,298 | 3,742 | 4,864 | 3,295 | 3,368 | 3,420 |
| Accounts payable | 432 | 424 | 403 | 492 | 589 | — | — | — | — | — |
| Long-term debt | 6,287 | 6,296 | 6,938 | 6,281 | 6,274 | 7,426 | 4,459 | 5,937 | 5,935 | 6,513 |
| Total debt | 6,577 | 6,630 | 7,338 | 6,614 | — | — | — | — | — | — |
| Total liabilities | 11,183 | 11,333 | 12,045 | 11,166 | 12,918 | 13,933 | 13,895 | 12,257 | 11,055 | 10,748 |
| Total equity (incl. minority) | 18,257 | 16,716 | 14,799 | 13,388 | 10,960 | — | — | — | — | — |
| Retained earnings | 20,553 | 19,260 | 17,628 | 16,467 | 13,912 | — | — | — | — | — |
| Minority interest | — | — | 0.0 | -9.5 | 63.5 | — | — | — | — | — |