Biogen (BIIB) Operating Leases (2018 - 2026)

Biogen (BIIB) posted quarterly Operating Leases of $273.4 million for Q1 2026, down 15.46% year-over-year from $323.4 million in Q1 2025, and down 5.85% on a QoQ basis from $290.4 million in Q4 2025.

Biogen (BIIB) Operating Leases (2018 - 2026) Analysis & Trends

Biogen (BIIB) has reported Operating Leases for 9 consecutive years, with $273.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases fell 15.46% year-over-year to $273.4 million; the TTM figure through Mar 2026 stood at $273.4 million (down 15.46% YoY), while the FY2025 annual figure was $290.4 million, down 31.0% from the prior year.
  • Operating Leases came in at $273.4 million for Q1 2026 at Biogen, down from $290.4 million in the prior quarter.
  • The five-year high for Operating Leases was $490.3 million in Q4 2023, with the low at $273.4 million in Q1 2026.
  • Average Operating Leases over 5 years is $351.6 million, with a median of $327.0 million recorded in 2023.
  • Across the five-year window, Operating Leases soared 30.21% in 2022 and plunged 31.0% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $430.2 million in 2022, then increased by 13.97% to $490.3 million in 2023, then retreated by 14.15% to $420.9 million in 2024, then slumped by 31.0% to $290.4 million in 2025, then fell by 5.85% to $273.4 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $273.4 million, $290.4 million, and $305.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 273.40 Mn
Dec 31, 2025 290.40 Mn
Sep 30, 2025 305.00 Mn
Jun 30, 2025 310.90 Mn
Mar 31, 2025 323.40 Mn
Dec 31, 2024 420.90 Mn
Sep 30, 2024 357.00 Mn
Jun 30, 2024 367.50 Mn
Mar 31, 2024 406.50 Mn
Dec 31, 2023 490.30 Mn
Sep 30, 2023 428.80 Mn
Jun 30, 2023 304.40 Mn
Mar 31, 2023 327.00 Mn
Dec 31, 2022 430.20 Mn
Sep 30, 2022 354.80 Mn
Jun 30, 2022 274.20 Mn
Mar 31, 2022 312.30 Mn
Dec 31, 2021 330.40 Mn
Sep 30, 2021 348.20 Mn
Jun 30, 2021 363.90 Mn