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

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

Historic Data

Download Data
DateValue
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