Biogen (BIIB) Gross Margin (2009 - 2026)

Biogen (BIIB) posted quarterly Gross Margin of 73.32% for Q1 2026, down 79.0% year-over-year from 349.16% in Q1 2025, and down 6.31% on a QoQ basis from 78.26% in Q4 2025.

Biogen (BIIB) Gross Margin (2009 - 2026) Analysis & Trends

Biogen (BIIB) has reported Gross Margin for 18 consecutive years, with 73.32% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 79.0% year-over-year to 73.32%; the TTM figure through Mar 2026 stood at 75.49% (down 9.0% YoY), while the FY2025 annual figure was 75.69%, down 43.0% from the prior year.
  • Gross Margin came in at 73.32% for Q1 2026 at Biogen, down from 78.26% in the prior quarter.
  • The five-year high for Gross Margin was 93.55% in Q4 2022, with the low at 73.09% in Q1 2023.
  • Average Gross Margin over 5 years is 78.94%, with a median of 76.33% recorded in 2024.
  • Across the five-year window, Gross Margin soared 689 bps in 2022 and sank 1690 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 93.55% in 2022, then declined by 0 bps to 93.13% in 2023, then slipped by 18 bps to 76.23% in 2024, then advanced by 3 bps to 78.26% in 2025, then fell by 6 bps to 73.32% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 73.32%, 78.26%, and 73.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 81.93%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 66.31%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 71.88%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 87.65%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 74.24%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 68.16%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 79.24%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -51.69%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 73.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 73.32%
Dec 31, 2025 78.26%
Sep 30, 2025 73.39%
Jun 30, 2025 77.13%
Mar 31, 2025 74.11%
Dec 31, 2024 76.23%
Sep 30, 2024 74.10%
Jun 30, 2024 77.85%
Mar 31, 2024 76.33%
Dec 31, 2023 93.13%
Sep 30, 2023 73.93%
Jun 30, 2023 75.87%
Mar 31, 2023 73.09%
Dec 31, 2022 93.55%
Sep 30, 2022 81.28%
Jun 30, 2022 81.31%
Mar 31, 2022 89.14%
Dec 31, 2021 94.00%
Sep 30, 2021 81.58%
Jun 30, 2021 83.43%