Biogen (BIIB) Tax Rate (2009 - 2026)

Biogen (BIIB) posted quarterly Tax Rate of 15.41% for Q1 2026, down 731.0% year-over-year from 2.44% in Q1 2025, and up 21.54% on a QoQ basis from 12.68% in Q4 2025.

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

Biogen (BIIB) has reported Tax Rate for 18 consecutive years, with 15.41% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 731.0% year-over-year to 15.41%; the TTM figure through Mar 2026 stood at 15.47% (down 11.0% YoY), while the FY2025 annual figure was 16.94%, up 257.0% from the prior year.
  • Tax Rate came in at 15.41% for Q1 2026 at Biogen, up from 12.68% 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 18.2%, with a median of 15.41% recorded in 2026.
  • The largest YoY upside for Tax Rate was 8735 bps in 2022 against a maximum downside of 10044 bps in 2022.
  • Year by year, Tax Rate stood at 8.99% in 2022, then jumped by 63 bps to 14.64% in 2023, then tumbled by 42 bps to 8.51% in 2024, then surged by 49 bps to 12.68% in 2025, then climbed by 22 bps to 15.41% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 15.41%, 12.68%, and 16.29% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.41%
Mar 31, 2026 15.41%
Dec 31, 2025 12.68%
Dec 31, 2025 12.68%
Sep 30, 2025 16.29%
Sep 30, 2025 16.29%
Jun 30, 2025 14.68%
Jun 30, 2025 14.68%
Mar 31, 2025 22.72%
Mar 31, 2025 22.72%
Dec 31, 2024 8.51%
Dec 31, 2024 8.51%
Sep 30, 2024 13.86%
Sep 30, 2024 13.86%
Jun 30, 2024 16.47%
Jun 30, 2024 16.47%
Mar 31, 2024 15.36%
Mar 31, 2024 15.36%
Dec 31, 2023 14.64%
Dec 31, 2023 14.64%