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

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

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

Biogen's Cost of Revenue history runs 18 years deep, the most recent figure standing at $661.0 million for 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 was $661.0 million for Q1 2026 at Biogen, up from $495.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $674.4 million in Q3 2025 to a low of $164.0 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $520.4 million across 5 years, with a median of $583.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue plunged 42.48% in 2022, then surged 255.79% in 2024.
  • A 5-year view of Cost of Revenue shows it 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 slipped by 15.08% to $495.5 million in 2025, then soared by 33.4% to $661.0 million in 2026.
  • The last three Cost of Revenue figures came in at $661.0 million (Q1 2026), $495.5 million (Q4 2025), and $674.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn 2.53 Bn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 3.58 Bn
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 8.11 Bn
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 4.22 Bn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 4.20 Bn
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 2.74 Bn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 1.45 Bn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 3.55 Bn
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 3.42 Bn
10 Biogen 28.75 Bn 24.47 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