Biogen (BIIB) Tax Provisions (2009 - 2026)

Biogen (BIIB) posted quarterly Tax Provisions of $58.2 million for Q1 2026, down 17.68% year-over-year from $70.7 million in Q1 2025, and up 919.72% on a QoQ basis from -$7.1 million in Q4 2025.

Biogen (BIIB) Tax Provisions (2009 - 2026) Analysis & Trends

Biogen (BIIB) has reported Tax Provisions for 18 consecutive years, with $58.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Provisions fell 17.68% year-over-year to $58.2 million; the TTM figure through Mar 2026 stood at $251.1 million (down 8.06% YoY), while the FY2025 annual figure was $263.6 million, down 3.73% from the prior year.
  • Tax Provisions came in at $58.2 million for Q1 2026 at Biogen, up from -$7.1 million in the prior quarter.
  • The five-year high for Tax Provisions was $236.2 million in Q3 2022, with the low at -$72.9 million in Q3 2023.
  • Average Tax Provisions over 5 years is $80.2 million, with a median of $70.7 million recorded in 2025.
  • Across the five-year window, Tax Provisions jumped 1011.97% in 2022 and plunged 130.86% in 2023, its largest moves.
  • Year by year, Tax Provisions stood at $54.3 million in 2022, then dropped by 21.36% to $42.7 million in 2023, then slumped by 41.92% to $24.8 million in 2024, then slumped by 128.63% to -$7.1 million in 2025, then surged by 919.72% to $58.2 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $58.2 million, -$7.1 million, and $90.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 1.45 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 755.00 Mn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 342.00 Mn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 3.08 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 709.00 Mn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 265.00 Mn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 559.00 Mn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 461.00 Mn
9 Novartis Ag 113.45 Bn 113.67 Bn - -683.00 Mn
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 58.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.20 Mn
Dec 31, 2025 -7.10 Mn
Sep 30, 2025 90.80 Mn
Jun 30, 2025 109.20 Mn
Mar 31, 2025 70.70 Mn
Dec 31, 2024 24.80 Mn
Sep 30, 2024 62.50 Mn
Jun 30, 2024 115.10 Mn
Mar 31, 2024 71.40 Mn
Dec 31, 2023 42.70 Mn
Sep 30, 2023 -72.90 Mn
Jun 30, 2023 114.80 Mn
Mar 31, 2023 50.70 Mn
Dec 31, 2022 54.30 Mn
Sep 30, 2022 236.20 Mn
Jun 30, 2022 216.70 Mn
Mar 31, 2022 125.60 Mn
Dec 31, 2021 443.20 Mn
Sep 30, 2021 -25.90 Mn
Jun 30, 2021 -409.10 Mn