Biogen (BIIB) EBITDA (2009 - 2026)
Biogen (BIIB) recorded quarterly EBITDA of -$283.3 million in Q1 2026, up 48.63% quarter-over-quarter from -$551.5 million in Q4 2025, and up 10.94% on a YoY basis from -$255.4 million in Q1 2025.
Biogen (BIIB) EBITDA (2009 - 2026) Analysis & Trends
Biogen's EBITDA history runs 18 years deep, the most recent figure standing at -$283.3 million for Q1 2026.
- In Q1 2026, EBITDA rose 10.94% year-over-year to -$283.3 million; the TTM figure through Mar 2026 stood at -$812.9 million (down 26.01% YoY), while the FY2025 annual figure was -$847.7 million, down 109.62% from the prior year.
- EBITDA was -$283.3 million for Q1 2026 at Biogen, up from -$551.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $901.6 million in Q3 2022 to a low of -$800.8 million in Q3 2023.
- Historically, EBITDA has averaged $24.7 million across 5 years, with a median of -$77.4 million in 2024.
- Biggest YoY gain for EBITDA was 76.56% in 2024; the steepest drop was 328.84% in 2024.
- A 5-year view of EBITDA shows it stood at $439.8 million in 2022, then tumbled by 70.99% to $127.6 million in 2023, then plunged by 328.84% to -$292.0 million in 2024, then tumbled by 88.87% to -$551.5 million in 2025, then surged by 48.63% to -$283.3 million in 2026.
- The last three EBITDA figures came in at -$283.3 million (Q1 2026), -$551.5 million (Q4 2025), and -$117.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | 3.09 Bn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 9.50 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 6.36 Bn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 3.99 Bn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | -7.73 Bn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 2.67 Bn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 2.59 Bn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | -6.71 Bn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 2.83 Bn |
| 10 | Biogen | 28.75 Bn | 24.47 Bn | 1.82 Bn | -283.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -283.30 Mn |
| Dec 31, 2025 | -551.50 Mn |
| Sep 30, 2025 | -117.10 Mn |
| Jun 30, 2025 | 139.00 Mn |
| Mar 31, 2025 | -318.10 Mn |
| Dec 31, 2024 | -292.00 Mn |
| Sep 30, 2024 | -187.70 Mn |
| Jun 30, 2024 | 152.70 Mn |
| Mar 31, 2024 | -77.40 Mn |
| Dec 31, 2023 | 127.60 Mn |
| Sep 30, 2023 | -800.80 Mn |
| Jun 30, 2023 | 115.40 Mn |
| Mar 31, 2023 | -224.50 Mn |
| Dec 31, 2022 | 439.80 Mn |
| Sep 30, 2022 | 901.60 Mn |
| Jun 30, 2022 | 785.50 Mn |
| Mar 31, 2022 | 610.70 Mn |
| Dec 31, 2021 | 587.10 Mn |
| Sep 30, 2021 | 794.00 Mn |
| Jun 30, 2021 | 485.70 Mn |