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

Biogen (BIIB) Tax Rate (2009 - 2026)

Biogen (BIIB) posted Tax Rate of 26.36% for Q2 2026, up 71.07% on a QoQ basis from 15.41% in Q1 2026, and up 1168.0% year-over-year from 2.08% in Q2 2025.

Analysis

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

Biogen has reported Tax Rate for 18 years, with the latest figure at 26.36% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 1168.0% year-over-year to 26.36% in Q2 2026; TTM through Jun 2026 was 17.48%, a 262.0% increase from a year earlier, with the FY2025 full-year figure at 16.94%, up 257.0% from the prior year.
  • Tax Rate was 26.36% for Q2 2026 at Biogen, up from 15.41% in the prior quarter.
  • The five-year high for Tax Rate was 51.63% in Q3 2023, with the low at 8.51% in Q4 2024.
  • Average Tax Rate over 5 years is 18.66%, with a median of 15.81% recorded in 2023.
  • The largest YoY upside for Tax Rate was 8735 bps in 2022 against a maximum downside of 10044 bps in 2022.
  • Over 5 years, Tax Rate stood at 8.99% in 2022, then surged by 63 bps to 14.64% in 2023, then sank by 42 bps to 8.51% in 2024, then surged by 49 bps to 12.68% in 2025, then jumped by 108 bps to 26.36% in 2026.
  • The last three Tax Rate figures came in at 26.36% (Q2 2026), 15.41% (Q1 2026), and 12.68% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 14.20%
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn -2.36%
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 20.98%
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 15.11%
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -10.89%
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn -1.96%
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 7.49%
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 26.36%
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 1.34%
10 Insmed 27.67 Bn 26.51 Bn 358.27 Mn -16.71%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.36%
Mar 31, 2026 15.41%
Dec 31, 2025 12.68%
Sep 30, 2025 16.29%
Jun 30, 2025 14.68%
Mar 31, 2025 22.72%
Dec 31, 2024 8.51%
Sep 30, 2024 13.86%
Jun 30, 2024 16.47%
Mar 31, 2024 15.36%
Dec 31, 2023 14.64%
Sep 30, 2023 51.63%
Jun 30, 2023 16.21%
Mar 31, 2023 11.57%
Dec 31, 2022 8.99%
Sep 30, 2022 17.23%
Jun 30, 2022 17.07%
Mar 31, 2022 36.15%
Dec 31, 2021 109.43%
Sep 30, 2021 -8.90%