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

Biogen (BIIB) Operating Income (2009 - 2026)

Biogen (BIIB) posted Operating Income of -$644.5 million for Q2 2026, down 127.5% on a QoQ basis from -$283.3 million in Q1 2026, and down 563.67% year-over-year from $139.0 million in Q2 2025.

Analysis

Biogen (BIIB) Operating Income (2009 - 2026) Analysis & Trends

Biogen has reported Operating Income for 18 years, with the latest figure at -$644.5 million in Q2 2026.

  • On a quarterly basis, Operating Income fell 563.67% year-over-year to -$644.5 million in Q2 2026; TTM through Jun 2026 was -$1.6 billion, a 142.32% decrease from a year earlier, with the FY2025 full-year figure at -$847.7 million, down 109.62% from the prior year.
  • Operating Income was -$644.5 million for Q2 2026 at Biogen, down from -$283.3 million in the prior quarter.
  • The five-year high for Operating Income was $901.6 million in Q3 2022, with the low at -$800.8 million in Q3 2023.
  • Average Operating Income over 5 years is -$12.5 million, with a median of -$97.2 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Income surged 76.56% in 2024, then tumbled 563.67% in 2026.
  • Over 5 years, Operating Income stood at $439.8 million in 2022, then plunged by 70.99% to $127.6 million in 2023, then slumped by 328.84% to -$292.0 million in 2024, then slumped by 88.87% to -$551.5 million in 2025, then fell by 16.86% to -$644.5 million in 2026.
  • The last three Operating Income figures came in at -$644.5 million (Q2 2026), -$283.3 million (Q1 2026), and -$551.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 3.51 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn -10.39 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 1.25 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 1.29 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn 493.00 Mn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn -815.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 231.44 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn -644.50 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn -365.99 Mn
10 Insmed 27.67 Bn 26.51 Bn 358.27 Mn -1.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -644.50 Mn
Mar 31, 2026 -283.30 Mn
Dec 31, 2025 -551.50 Mn
Sep 30, 2025 -117.10 Mn
Jun 30, 2025 139.00 Mn
Mar 31, 2025 -318.10 Mn
Dec 31, 2024 -292.00 Mn
Sep 30, 2024 -187.70 Mn
Jun 30, 2024 152.70 Mn
Mar 31, 2024 -77.40 Mn
Dec 31, 2023 127.60 Mn
Sep 30, 2023 -800.80 Mn
Jun 30, 2023 115.40 Mn
Mar 31, 2023 -224.50 Mn
Dec 31, 2022 439.80 Mn
Sep 30, 2022 901.60 Mn
Jun 30, 2022 785.50 Mn
Mar 31, 2022 610.70 Mn
Dec 31, 2021 587.10 Mn
Sep 30, 2021 794.00 Mn