Biogen BIIB
NASDAQ BIIB
$215.45 +4.72 (+2.24%)
As of: Sep 10, 2026 · 3:59 PM EDT

Biogen (BIIB) Gross Margin (2009 - 2026)

Biogen (BIIB) posted Gross Margin of 71.6% for Q2 2026, down 2.34% on a QoQ basis from 73.32% in Q1 2026, and down 553.0% year-over-year from 15.81% in Q2 2025.

Analysis

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

Biogen has reported Gross Margin for 18 years, with the latest figure at 71.6% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 553.0% year-over-year to 71.6% in Q2 2026; TTM through Jun 2026 was 73.99%, a 143.0% decrease from a year earlier, with the FY2025 full-year figure at 75.69%, down 43.0% from the prior year.
  • Gross Margin was 71.6% for Q2 2026 at Biogen, down from 73.32% in the prior quarter.
  • The five-year high for Gross Margin was 93.55% in Q4 2022, with the low at 70.22% in Q1 2022.
  • Average Gross Margin over 5 years is 77.48%, with a median of 76.05% recorded in 2023.
  • The largest YoY upside for Gross Margin was 324 bps in 2024 against a maximum downside of 1690 bps in 2024.
  • Over 5 years, Gross Margin stood at 93.55% in 2022, then slipped by 0 bps to 93.13% in 2023, then retreated by 18 bps to 76.23% in 2024, then rose by 3 bps to 78.26% in 2025, then decreased by 9 bps to 71.6% in 2026.
  • The last three Gross Margin figures came in at 71.6% (Q2 2026), 73.32% (Q1 2026), and 78.26% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 72.04%
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 79.76%
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 85.33%
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 91.59%
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn 90.43%
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 35.86%
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 76.90%
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 71.60%
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 80.31%
10 Insmed 27.67 Bn 26.51 Bn 358.27 Mn 84.20%
Historic Data

Historic Data

Download Data
DateValue
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 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 70.22%
Dec 31, 2021 94.00%
Sep 30, 2021 81.58%