Biogen BIIB
NASDAQ BIIB
$217.15 +1.72 (+0.80%)
As of: Sep 11, 2026 · 3:59 PM EDT

Biogen (BIIB) Cash from Operations (2009 - 2026)

Biogen (BIIB) posted Cash from Operations of $448.9 million for Q2 2026, down 30.46% on a QoQ basis from $645.5 million in Q1 2026, and up 178.99% year-over-year from $160.9 million in Q2 2025.

Analysis

Biogen (BIIB) Cash from Operations (2009 - 2026) Analysis & Trends

Biogen has reported Cash from Operations for 18 years, with the latest figure at $448.9 million in Q2 2026.

  • On a quarterly basis, Cash from Operations rose 178.99% year-over-year to $448.9 million in Q2 2026; TTM through Jun 2026 was $2.9 billion, a 36.0% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, down 23.33% from the prior year.
  • Cash from Operations was $448.9 million for Q2 2026 at Biogen, down from $645.5 million in the prior quarter.
  • The five-year high for Cash from Operations was $1.3 billion in Q3 2025, with the low at -$175.0 million in Q4 2022.
  • Average Cash from Operations over 5 years is $505.9 million, with a median of $532.6 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Cash from Operations sank 120.88% in 2022, then jumped 5987.2% in 2024.
  • Over 5 years, Cash from Operations stood at -$175.0 million in 2022, then soared by 107.14% to $12.5 million in 2023, then surged by 5987.2% to $760.9 million in 2024, then sank by 32.72% to $511.9 million in 2025, then retreated by 12.31% to $448.9 million in 2026.
  • The last three Cash from Operations figures came in at $448.9 million (Q2 2026), $645.5 million (Q1 2026), and $511.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Amgen 203.97 Bn 189.99 Bn 7.24 Bn 4.00 Bn
2 Gilead Sciences 178.74 Bn 175.56 Bn 6.22 Bn 3.57 Bn
3 Vertex Pharmaceuticals 130.73 Bn 122.88 Bn 2.84 Bn 1.13 Bn
4 Regeneron Pharmaceuticals 80.42 Bn 72.42 Bn 3.93 Bn 813.00 Mn
5 Argenx Se 60.40 Bn 55.21 Bn 1.37 Bn -
6 Moderna 57.65 Bn 52.52 Bn 52.00 Mn -526.00 Mn
7 Alnylam Pharmaceuticals 33.37 Bn 30.07 Bn 992.69 Mn 326.72 Mn
8 Biogen 32.15 Bn 30.86 Bn 1.96 Bn 448.90 Mn
9 Roivant Sciences 29.58 Bn 29.58 Bn 1.16 Mn -270.50 Mn
10 Insmed 28.06 Bn 26.90 Bn 358.27 Mn -88.83 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 448.90 Mn
Mar 31, 2026 645.50 Mn
Dec 31, 2025 511.90 Mn
Sep 30, 2025 1.27 Bn
Jun 30, 2025 160.90 Mn
Mar 31, 2025 259.30 Mn
Dec 31, 2024 760.90 Mn
Sep 30, 2024 935.60 Mn
Jun 30, 2024 625.80 Mn
Mar 31, 2024 553.20 Mn
Dec 31, 2023 12.50 Mn
Sep 30, 2023 592.40 Mn
Jun 30, 2023 487.00 Mn
Mar 31, 2023 455.30 Mn
Dec 31, 2022 -175.00 Mn
Sep 30, 2022 661.00 Mn
Jun 30, 2022 736.50 Mn
Mar 31, 2022 161.80 Mn
Dec 31, 2021 838.30 Mn
Sep 30, 2021 805.30 Mn