Biogen (BIIB) Tax Provisions (2009 - 2026)
Biogen (BIIB) recorded quarterly Tax Provisions of $58.2 million in Q1 2026, up 919.72% quarter-over-quarter from -$7.1 million in Q4 2025, and down 17.68% on a YoY basis from $70.7 million in Q1 2025.
Biogen (BIIB) Tax Provisions (2009 - 2026) Analysis & Trends
Biogen's Tax Provisions history runs 18 years deep, the most recent figure standing at $58.2 million for 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 was $58.2 million for Q1 2026 at Biogen, up from -$7.1 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $236.2 million in Q3 2022 to a low of -$72.9 million in Q3 2023.
- Historically, Tax Provisions has averaged $80.2 million across 5 years, with a median of $70.7 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 1011.97% in 2022, then tumbled 130.86% in 2023.
- A 5-year view of Tax Provisions shows it stood at $54.3 million in 2022, then retreated by 21.36% to $42.7 million in 2023, then sank by 41.92% to $24.8 million in 2024, then sank by 128.63% to -$7.1 million in 2025, then surged by 919.72% to $58.2 million in 2026.
- The last three Tax Provisions figures came in at $58.2 million (Q1 2026), -$7.1 million (Q4 2025), and $90.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -411.19 Mn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 1.45 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 755.00 Mn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 342.00 Mn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | 709.00 Mn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 265.00 Mn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 559.00 Mn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 461.00 Mn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 561.00 Mn |
| 10 | Biogen | 28.75 Bn | 24.47 Bn | 1.82 Bn | 58.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |