Growth Metrics

Biogen (BIIB) Gross Margin (2016 - 2025)

Biogen has reported Gross Margin over the past 17 years, most recently at 78.26% for Q4 2025.

  • Quarterly results put Gross Margin at 78.26% for Q4 2025, up 203.0% from a year ago — trailing twelve months through Dec 2025 was 75.69% (down 43.0% YoY), and the annual figure for FY2025 was 75.69%, down 43.0%.
  • Gross Margin for Q4 2025 was 78.26% at Biogen, up from 73.39% in the prior quarter.
  • Over the last five years, Gross Margin for BIIB hit a ceiling of 94.0% in Q4 2021 and a floor of 73.09% in Q1 2023.
  • Median Gross Margin over the past 5 years was 78.06% (2025), compared with a mean of 80.5%.
  • Biggest five-year swings in Gross Margin: surged 1120bps in 2021 and later plummeted -1690bps in 2024.
  • Biogen's Gross Margin stood at 94.0% in 2021, then dropped by 0bps to 93.55% in 2022, then fell by 0bps to 93.13% in 2023, then dropped by -18bps to 76.23% in 2024, then rose by 3bps to 78.26% in 2025.
  • The last three reported values for Gross Margin were 78.26% (Q4 2025), 73.39% (Q3 2025), and 77.13% (Q2 2025) per Business Quant data.