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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |