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| Date | Value |
|---|---|
| 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 |