Biogen (BIIB) Cash from Investing Activities (2009 - 2026)
Biogen's Cash from Investing Activities was -$222.1 million in Q3 2026, compared with -$35.1 million a year earlier.
Biogen (BIIB) Cash from Investing Activities (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Biogen's Cash from Investing Activities was -$5.5 billion through Sep 30, 2026; for FY2025, it was -$1.37 billion.
- In earlier years, Cash from Investing Activities was -$799.2 million in FY2024, -$4.1 billion in FY2023, $1.58 billion in FY2022 and -$563.7 million in FY2021.
- Quarterly Cash from Investing Activities has moved between -$3.84 billion (Q2 2026) and $1.67 billion (Q3 2022) over five years.
- Per Business Quant data, BIIB's Cash from Investing Activities in the three quarters before Q3 2026 was -$3.84 billion (Q2 2026), -$209.5 million (Q1 2026) and -$1.23 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Investing (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | -8.30 Bn |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | -2.71 Bn |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | -10.22 Bn |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | -1.32 Bn |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | -1.89 Bn |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | -649.00 Mn |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | -244.00 Mn |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | -2.03 Bn |
| 10 | Biogen | 37.46 Bn | 26.77 Bn | 2.06 Bn | -222.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -222.10 Mn |
| Jun 30, 2026 | -3.84 Bn |
| Mar 31, 2026 | -209.50 Mn |
| Dec 31, 2025 | -1.23 Bn |
| Sep 30, 2025 | -35.10 Mn |
| Jun 30, 2025 | -57.00 Mn |
| Mar 31, 2025 | -47.30 Mn |
| Dec 31, 2024 | -18.60 Mn |
| Sep 30, 2024 | -1.18 Bn |
| Jun 30, 2024 | 466.50 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Dec 31, 2023 | -652.30 Mn |
| Sep 30, 2023 | -1.74 Bn |
| Jun 30, 2023 | -753.50 Mn |
| Mar 31, 2023 | -953.00 Mn |
| Dec 31, 2022 | -141.10 Mn |
| Sep 30, 2022 | 1.67 Bn |
| Jun 30, 2022 | 693.50 Mn |
| Mar 31, 2022 | -648.00 Mn |
| Dec 31, 2021 | -112.70 Mn |
Biogen Cash from Investing Activities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-investing-activities&ticker=BIIB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-investing-activities", "ticker": "BIIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-investing-activities&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();