Biogen (BIIB) Net Cash Flow (2009 - 2026)
Biogen (BIIB) posted Net Cash Flow of -$2.1 billion for Q2 2026, down 633.99% on a QoQ basis from $392.2 million in Q1 2026, and down 2371.48% year-over-year from $92.2 million in Q2 2025.
Analysis
Biogen (BIIB) Net Cash Flow (2009 - 2026) Analysis & Trends
Biogen has reported Net Cash Flow for 18 years, with the latest figure at -$2.1 billion in Q2 2026.
- On a quarterly basis, Net Cash Flow fell 2371.48% year-over-year to -$2.1 billion in Q2 2026; TTM through Jun 2026 was -$1.5 billion, a 286.28% decrease from a year earlier, with the FY2025 full-year figure at $531.6 million, down 61.83% from the prior year.
- Net Cash Flow was -$2.1 billion for Q2 2026 at Biogen, down from $392.2 million in the prior quarter.
- The five-year high for Net Cash Flow was $1.1 billion in Q3 2025, with the low at -$2.1 billion in Q2 2026.
- Average Net Cash Flow over 5 years is -$53.8 million, with a median of -$102.2 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Net Cash Flow soared 718.59% in 2022, then slumped 2371.48% in 2026.
- Over 5 years, Net Cash Flow stood at -$323.5 million in 2022, then sank by 297.5% to -$1.3 billion in 2023, then surged by 158.34% to $750.2 million in 2024, then tumbled by 214.21% to -$856.8 million in 2025, then slumped by 144.43% to -$2.1 billion in 2026.
- The last three Net Cash Flow figures came in at -$2.1 billion (Q2 2026), $392.2 million (Q1 2026), and -$856.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 1.95 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | -4.43 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 652.90 Mn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | -504.30 Mn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | -183.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | -496,000.00 |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | -2.09 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | -170.75 Mn |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | -37.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.09 Bn |
| Mar 31, 2026 | 392.20 Mn |
| Dec 31, 2025 | -856.80 Mn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 92.20 Mn |
| Mar 31, 2025 | 189.00 Mn |
| Dec 31, 2024 | 750.20 Mn |
| Sep 30, 2024 | -252.10 Mn |
| Jun 30, 2024 | 847.10 Mn |
| Mar 31, 2024 | 47.60 Mn |
| Dec 31, 2023 | -1.29 Bn |
| Sep 30, 2023 | -301.20 Mn |
| Jun 30, 2023 | -276.30 Mn |
| Mar 31, 2023 | -541.10 Mn |
| Dec 31, 2022 | -323.50 Mn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 958.50 Mn |
| Mar 31, 2022 | -502.70 Mn |
| Dec 31, 2021 | 735.40 Mn |
| Sep 30, 2021 | -174.80 Mn |