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| 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 |