Biogen Inc. (BIIB) Financial Statements
Biogen financial statements at a glance
Biogen reported revenue of $9.89 billion for fiscal year 2025 (ended December 31, 2025), up 2.2% from fiscal year 2024. Net income was $1.29 billion, a net margin of 13.1%.
At the end of fiscal year 2025 it had total assets of $29.44 billion, total liabilities of $11.18 billion and shareholders' equity of $18.26 billion, with total debt of $6.29 billion.
Its operations brought in $2.20 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Biogen Inc.
Income Statement
Annual • USD
Biogen key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $9.9B | $9.7B | $9.8B | $10.2B | $11.0B |
| Gross profit | $7.5B | $7.5B | $7.4B | $8.2B | $8.9B |
| Operating income | $1.7B | $2.2B | $1.6B | $4.1B | $2.8B |
| Net income | $1.3B | $1.6B | $1.2B | $3.0B | $1.6B |
| Diluted EPS | – | – | – | – | $10.40 |
| Total assets | $29.4B | $28.0B | $26.8B | $24.6B | $23.9B |
| Total liabilities | $11.2B | $11.3B | $12.0B | $11.2B | $12.9B |
| Shareholders' equity | $18.3B | $16.7B | $14.8B | $13.4B | $10.9B |
| Cash | – | – | – | – | $2.3B |
| Total debt | $6.3B | $6.3B | $6.9B | $6.3B | $7.6B |
| Operating cash flow | $2.2B | $2.9B | $1.5B | $1.4B | $3.6B |
| Capital spending | – | – | – | – | $294.9M |
| Free cash flow | – | – | – | – | $3.3B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Biogen's revenue in fiscal year 2025?
$9.89 billion, up 2.2% from $9.68 billion in fiscal year 2024.
How much profit does Biogen make?
Biogen reported net income of $1.29 billion for fiscal year 2025 (13.1% of revenue); operating income was $1.72 billion.
How much cash and debt does Biogen have?
At the end of fiscal year 2025: total debt of $6.29 billion.
