Biogen BIIB
NASDAQ BIIB
$216.78 +2.43 (+1.13%)
At close: Aug 21, 2026 · 4:00 PM EDT

Biogen (BIIB) Free Cash Flow (2009 - 2026)

Biogen (BIIB) posted quarterly Free Cash Flow of $408.0 million for Q2 2026, up 203.8% year-over-year from $134.3 million in Q2 2025, and down 31.35% quarter-over-quarter from $594.3 million in Q1 2026.

Biogen (BIIB) Free Cash Flow (2009 - 2026) Analysis & Trends

Biogen's Free Cash Flow history runs 18 years deep, the most recent figure standing at $408.0 million for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 203.8% year-over-year to $408.0 million; the TTM figure through Jun 2026 stood at $2.7 billion (up 36.28% YoY), while the FY2025 annual figure was $2.1 billion, down 24.65% from the prior year.
  • Free Cash Flow for Q2 2026 stood at $408.0 million, down from $594.3 million in the prior quarter.
  • The five-year high for Free Cash Flow was $1.2 billion in Q3 2025, with the low at -$261.4 million in Q4 2022.
  • The 5-year median for Free Cash Flow is $487.6 million (2024), against an average of $455.0 million.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow slumped 133.23% in 2022, then soared 1469.26% in 2024.
  • Biogen's Free Cash Flow stood at -$261.4 million in 2022, then soared by 79.84% to -$52.7 million in 2023, then jumped by 1469.26% to $721.6 million in 2024, then sank by 35.14% to $468.0 million in 2025, then fell by 12.82% to $408.0 million in 2026.
  • Business Quant data shows BIIB's Free Cash Flow at $408.0 million in Q2 2026, $594.3 million in Q1 2026, and $468.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Johnson & Johnson 652.20 Bn 631.44 Bn 17.26 Bn 7.30 Bn
2 AbbVie 469.51 Bn 462.94 Bn 12.70 Bn 3.11 Bn
3 Merck 376.81 Bn 369.67 Bn 12.21 Bn 4.48 Bn
4 Novartis Ag 303.04 Bn 295.35 Bn 11.24 Bn 5.56 Bn
5 Astrazeneca 257.61 Bn 252.71 Bn 12.86 Bn -1.86 Bn
6 Amgen 237.37 Bn 223.38 Bn 7.24 Bn 3.49 Bn
7 Gilead Sciences 181.73 Bn 178.55 Bn 6.22 Bn 3.43 Bn
8 Pfizer 159.66 Bn 147.96 Bn 10.94 Bn 302.00 Mn
9 Gsk 106.24 Bn 102.07 Bn 8.24 Bn 440.07 Mn
10 Biogen 32.04 Bn 30.76 Bn 1.96 Bn 408.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 408.00 Mn
Jun 30, 2026 408.00 Mn
Mar 31, 2026 594.30 Mn
Mar 31, 2026 594.30 Mn
Dec 31, 2025 468.00 Mn
Dec 31, 2025 468.00 Mn
Sep 30, 2025 1.23 Bn
Sep 30, 2025 1.23 Bn
Jun 30, 2025 134.30 Mn
Jun 30, 2025 134.30 Mn
Mar 31, 2025 222.20 Mn
Mar 31, 2025 222.20 Mn
Dec 31, 2024 721.60 Mn
Dec 31, 2024 721.60 Mn
Sep 30, 2024 900.60 Mn
Sep 30, 2024 900.60 Mn
Jun 30, 2024 592.30 Mn
Jun 30, 2024 592.30 Mn
Mar 31, 2024 507.30 Mn
Mar 31, 2024 507.30 Mn