Biogen (BIIB) Gross Margin (2009 - 2026)
Biogen (BIIB) recorded Gross Margin of 71.60% in Q2 2026, down 5.53 percentage points from 77.13% a year earlier and down 1.72 percentage points from the prior quarter.
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Analysis
Biogen (BIIB) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Biogen's Gross Margin came in at 73.99% as of Jun 30, 2026, down 1.43 percentage points year-over-year; for FY2025, it was 75.69%, down 0.43 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -10.88 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 76.12% in FY2024 (+1.88 pp), 74.24% in FY2023 (-3.36 pp), 77.61% in FY2022 (-3.18 pp) and 80.79% in FY2021 (-5.78 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q1 2022.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -0.70 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.24 percentage points in Q1 2024, against a drop of 12.03 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 73.32% (Q1 2026), 78.26% (Q4 2025) and 73.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 85.33% |
| 10 | Biogen | 33.37 Bn | 20.03 Bn | 1.96 Bn | 71.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.60% |
| 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 | 74.09% |
| Sep 30, 2023 | 73.93% |
| Jun 30, 2023 | 75.87% |
| Mar 31, 2023 | 73.09% |
| Dec 31, 2022 | 77.56% |
| Sep 30, 2022 | 81.28% |
| Jun 30, 2022 | 81.31% |
| Mar 31, 2022 | 70.22% |
| Dec 31, 2021 | 75.85% |
| Sep 30, 2021 | 81.58% |
API Access
Biogen Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BIIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();