Biogen Inc. BIIB

Q3 FY2026 · ended Sep 30, 2026 · Revenue $2.80B, +10.6% YoY · Filed Oct 28, 2026

Biogen Inc. (BIIB) files with the SEC under industry code 2836, Biological Products, (No Diagnostic Substances). In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $2.8 billion and a net loss of $20.6 million. Free cash flow was $600.4 million. As of Sep 30, 2026 it held $1.3 billion in cash and investments and $7.4 billion in total debt.

Revenue
$2.80B
+10.6% vs year-ago quarter
Net income
$-20.60M
-104.4% vs year-ago quarter
Operating cash flow
$640.80M
-49.6% vs year-ago quarter
Free cash flow
$600.40M
-51.0% vs year-ago quarter
EPS
$-0.14
-104.4% vs year-ago quarter
Dividend per share
None
Shares outstanding
147.82M
+0.8% vs year-ago quarter
Net cash
$-6.10B
Q3 FY2026
Operating margin
—

Company profile

Industry
Biological Products, (No Diagnostic Substances) (SIC 2836)
Listed as
BIIB (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Cambridge, MA
SEC filer status
Large accelerated filer
SEC CIK
875045
Former names
BIOGEN IDEC INC. (until Mar 20, 2015); BIOGEN IDEC INC (until Apr 25, 2007); IDEC PHARMACEUTICALS CORP / DE (until Nov 12, 2003); IDEC PHARMACEUTICALS CORP / CA (until Feb 14, 1997)

Other Biological Products, (No Diagnostic Substances) companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Revenue
$2.8B
$2.7B
$2.5B
$2.3B
$2.5B
Net income
-$20.6M
$97.5M
$319.5M
-$48.9M
$466.5M
Diluted EPS
-$0.14
$0.66
$2.15
-$0.33
$3.17
Operating cash flow
$640.8M
$448.9M
$645.5M
$511.9M
$1.3B
Free cash flow
$600.4M
$408.0M
$594.3M
$468.0M
$1.2B
Total assets
$32.1B
$32.1B
$29.5B
$29.4B
$29.2B
Total liabilities
$13.1B
$13.2B
$10.8B
$11.2B
$11.0B
Stockholders' equity
$18.9B
$18.8B
$18.7B
$18.3B
$18.2B
Cash and investments
$1.3B
$1.3B
$4.7B
$4.2B
$4.0B
Total debt
$7.4B
$7.6B
$6.6B
$6.7B
$6.6B

Recent SEC filings

Recent SEC filings
Form Description Filed Period
10-Q Quarterly report Oct 28, 2026 Sep 30, 2026
8-K Current report
Results of operations
Oct 28, 2026 Oct 28, 2026
10-Q Quarterly report Jul 29, 2026 Jun 30, 2026
8-K Current report
Results of operations
Jul 29, 2026 Jul 29, 2026
8-K Current report
Results of operations
Jul 1, 2026 Jul 1, 2026
8-K Current report
Shareholder vote results
Jun 10, 2026 Jun 9, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.