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

Biogen (BIIB) recorded quarterly Free Cash Flow of $594.3 million in Q1 2026, up 26.99% quarter-over-quarter from $468.0 million in Q4 2025, and up 167.46% on a YoY basis from $222.2 million in Q1 2025.

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 $594.3 million for 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 was $594.3 million for Q1 2026 at Biogen, up from $468.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.2 billion in Q3 2025 to a low of -$261.4 million in Q4 2022.
  • Historically, Free Cash Flow has averaged $457.7 million across 5 years, with a median of $507.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow tumbled 133.23% in 2022, then jumped 1469.26% in 2024.
  • A 5-year view of Free Cash Flow shows it 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 slumped by 35.14% to $468.0 million in 2025, then gained by 26.99% to $594.3 million in 2026.
  • The last three Free Cash Flow figures came in at $594.3 million (Q1 2026), $468.0 million (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn 2.12 Bn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 3.01 Bn
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 1.47 Bn
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 3.56 Bn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 2.93 Bn
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 1.48 Bn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 2.43 Bn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 2.18 Bn
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 757.00 Mn
10 Biogen 28.75 Bn 24.47 Bn 1.82 Bn 594.30 Mn

Historic Data

Download Data
DateValue
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