Biogen (BIIB) Free Cash Flow (2009 - 2026)
Biogen (BIIB) posted quarterly Free Cash Flow of $594.3 million for Q1 2026, up 167.46% year-over-year from $222.2 million in Q1 2025, and up 26.99% on a QoQ basis from $468.0 million in Q4 2025.
Biogen (BIIB) Free Cash Flow (2009 - 2026) Analysis & Trends
Biogen (BIIB) has reported Free Cash Flow for 18 consecutive years, with $594.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 167.46% year-over-year to $594.3 million; the TTM figure through Mar 2026 stood at $2.4 billion (down 0.57% YoY), while the FY2025 annual figure was $2.1 billion, down 24.65% from the prior year.
- Free Cash Flow came in at $594.3 million for Q1 2026 at Biogen, up from $468.0 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.
- Average Free Cash Flow over 5 years is $457.7 million, with a median of $507.3 million recorded in 2024.
- Across the five-year window, Free Cash Flow plunged 133.23% in 2022 and jumped 1469.26% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at -$261.4 million in 2022, then jumped by 79.84% to -$52.7 million in 2023, then surged by 1469.26% to $721.6 million in 2024, then tumbled by 35.14% to $468.0 million in 2025, then grew by 26.99% to $594.3 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $594.3 million, $468.0 million, and $1.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 3.01 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 1.47 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 3.56 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 547.00 Mn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 2.93 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 1.48 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 2.43 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 2.18 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | 346.00 Mn |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 594.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -52.70 Mn |
| Dec 31, 2023 | -52.70 Mn |