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| Date | Value |
|---|---|
| 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 |