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BIIB

Biogen Inc.

Stock

$222.82−3.06 (−1.35%)Close Oct 1, 2026

Income statement

LineTTM202120202019201820172016201520142013201220112010200920082007
Revenue$10.8B$11.0B$13.4B$14.4B$13.5B$12.3B$11.4B$10.8B$9.7B$6.9B$5.5B$5.0B$4.7B$4.4B$4.1B$3.2B
Cost of revenue$2.4B$2.1B$1.8B$2.0B$1.8B$1.6B$1.5B$1.2B$1.2B$858M$545M$467M$400M$382M$402M$335M
Gross profit$8.4B$8.9B$11.6B$12.4B$11.6B$10.6B$10.0B$9.5B$8.5B$6.1B$5.0B$4.6B$4.3B$4.0B$3.7B$2.8B
R&D$2.5B$2.5B$4.0B$2.3B$2.6B$2.3B$2.0B$2.0B$1.9B$1.4B$1.3B$1.2B$1.2B$1.3B$1.1B$925M
SG&A$2.7B$2.7B$2.5B$2.4B$2.1B$1.9B$1.9B$2.1B$2.2B$1.7B$1.3B$1.1B$1.0B$911M$925M$776M
Other operating expenses$704M$856M$594M$725M$1.0B$1.1B$899M$507M$434M$403M$503M$581M$787M$506M$485M$355M
Operating income$2.5B$2.8B$4.6B$7.0B$5.9B$5.3B$5.2B$4.9B$4.0B$2.5B$1.9B$1.7B$1.2B$1.3B$1.2B$780M
Non-operating income−$852M−$1.1B$497M$83M$11M−$217M−$219M−$124M−$26M−$35M−$744K−$13M−$19M$37M−$58M$72M
Pretax income$1.6B$1.7B$5.0B$7.1B$5.9B$5.1B$4.9B$4.8B$3.9B$2.5B$1.9B$1.7B$1.2B$1.3B$1.2B$852M
Taxes$176M$189M$1.0B$1.2B$1.5B$2.6B$1.2B$1.2B$1.0B$618M$475M$477M$225M$363M$373M$214M
Net income$1.4B$1.6B$4.0B$5.9B$4.4B$2.5B$3.7B$3.5B$2.9B$1.9B$1.4B$1.2B$1.0B$970M$783M$638M
Diluted EPS$9.77$10.40$24.80$31.42$21.58$11.92$16.93$15.34$12.37$7.81$5.76$5.04$3.94$3.35$2.65$1.99
Diluted shares—149.6M161.3M187.4M205.3M213.0M218.8M231.2M237.2M238.3M239.7M245.0M254.9M289.5M295.0M320.2M
Revenue growth—−18.3%−6.5%+6.9%+9.6%+7.2%+6.4%+10.9%+40.0%+25.7%+9.3%+7.0%+7.7%+6.8%+29.2%—
Gross margin78.0%80.8%86.6%86.4%86.5%86.7%87.1%88.5%87.9%87.6%90.1%90.8%91.5%91.3%90.2%89.4%
Operating margin22.9%25.9%33.8%49.0%43.8%43.6%45.0%45.4%40.9%36.3%33.6%34.2%26.5%29.6%29.6%24.6%
Net margin13.4%14.2%29.8%41.0%32.9%20.7%32.3%33.0%30.2%26.9%25.0%24.5%21.3%22.2%19.1%20.1%

Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.

Revenue to net income