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| 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 |