Biogen (BIIB) Cost of Revenue (2009 - 2026)

Biogen (BIIB) posted quarterly Cost of Revenue of $661.0 million for Q1 2026, up 5.04% year-over-year from $629.3 million in Q1 2025, and up 33.4% on a QoQ basis from $495.5 million in Q4 2025.

Biogen (BIIB) Cost of Revenue (2009 - 2026) Analysis & Trends

Biogen (BIIB) has reported Cost of Revenue for 18 consecutive years, with $661.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 5.04% year-over-year to $661.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 1.6% YoY), while the FY2025 annual figure was $2.4 billion, up 4.06% from the prior year.
  • Cost of Revenue came in at $661.0 million for Q1 2026 at Biogen, up from $495.5 million in the prior quarter.
  • The five-year high for Cost of Revenue was $674.4 million in Q3 2025, with the low at $164.0 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $520.4 million, with a median of $583.5 million recorded in 2024.
  • Across the five-year window, Cost of Revenue sank 42.48% in 2022 and surged 255.79% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $164.0 million in 2022, then changed by 0.0% to $164.0 million in 2023, then soared by 255.79% to $583.5 million in 2024, then fell by 15.08% to $495.5 million in 2025, then soared by 33.4% to $661.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $661.0 million, $495.5 million, and $674.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 3.58 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 8.11 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 4.22 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 2.68 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 4.20 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 2.74 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 1.45 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 3.55 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 661.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 661.00 Mn
Mar 31, 2026 661.00 Mn
Dec 31, 2025 495.50 Mn
Dec 31, 2025 495.50 Mn
Sep 30, 2025 674.40 Mn
Sep 30, 2025 674.40 Mn
Jun 30, 2025 605.00 Mn
Jun 30, 2025 605.00 Mn
Mar 31, 2025 629.30 Mn
Mar 31, 2025 629.30 Mn
Dec 31, 2024 583.50 Mn
Dec 31, 2024 583.50 Mn
Sep 30, 2024 638.70 Mn
Sep 30, 2024 638.70 Mn
Jun 30, 2024 546.00 Mn
Jun 30, 2024 546.00 Mn
Mar 31, 2024 542.20 Mn
Mar 31, 2024 542.20 Mn
Dec 31, 2023 164.00 Mn
Dec 31, 2023 164.00 Mn