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| 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 |