Biogen (BIIB) EBITDA (2009 - 2026)
Biogen (BIIB) posted EBITDA of -$408.4 million for Q2 2026, compared with $333.3 million a year earlier.
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Analysis
Biogen (BIIB) EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Biogen was -$753.5 million; for FY2025, it came in at -$67.8 million.
- In prior years, Biogen's EBITDA was $268.8 million in FY2024, -$741.8 million in FY2023, $1.83 billion in FY2022 (-45.0%) and $3.33 billion in FY2021 (-33.5%).
- The Q2 2026 figure stands as the lowest quarterly EBITDA since Q3 2023.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2022, with growth of 52.6%; the weakest was Q4 2022, with a decline of 78.8%.
- According to Business Quant data, EBITDA for the three prior quarters was -$78.9 million (Q1 2026), -$351.3 million (Q4 2025) and $85.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 9.10 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 8.33 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 999.00 Mn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 5.09 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 4.63 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -9.70 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 5.89 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 1.30 Bn |
| 10 | Biogen | 33.37 Bn | 20.03 Bn | 1.96 Bn | -408.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -408.40 Mn |
| Mar 31, 2026 | -78.90 Mn |
| Dec 31, 2025 | -351.30 Mn |
| Sep 30, 2025 | 85.10 Mn |
| Jun 30, 2025 | 333.30 Mn |
| Mar 31, 2025 | -134.90 Mn |
| Dec 31, 2024 | -108.00 Mn |
| Sep 30, 2024 | -4.90 Mn |
| Jun 30, 2024 | 311.60 Mn |
| Mar 31, 2024 | 70.10 Mn |
| Dec 31, 2023 | -186.60 Mn |
| Sep 30, 2023 | -675.80 Mn |
| Jun 30, 2023 | 232.80 Mn |
| Mar 31, 2023 | -112.20 Mn |
| Dec 31, 2022 | 152.70 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 920.30 Mn |
| Mar 31, 2022 | 753.80 Mn |
| Dec 31, 2021 | 721.80 Mn |
| Sep 30, 2021 | 927.20 Mn |
API Access
Biogen EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "BIIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();