Biogen (BIIB) Cash from Investing Activities (2009 - 2026)
Biogen's Cash from Investing Activities was -$3.84 billion in Q2 2026, compared with -$57 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 -$5.32 billion through Jun 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.
- The Q2 2026 figure marks the lowest quarterly Cash from Investing Activities in data going back to Q1 2009.
- Per Business Quant data, BIIB's Cash from Investing Activities in the three quarters before Q2 2026 was -$209.5 million (Q1 2026), -$1.23 billion (Q4 2025) and -$35.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Investing (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | -15.40 Bn |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | -2.71 Bn |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | -1.20 Bn |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | -5.60 Bn |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | -3.11 Bn |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | -2.91 Bn |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | -569.00 Mn |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | -10.35 Bn |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | 2.11 Bn |
| 10 | Biogen | 37.04 Bn | 23.70 Bn | 1.96 Bn | -3.84 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | -233.60 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();