The Tip Desk

BIOGEN INC.

Company Stats

Market Cap
$33.4B
as of Sep 30, 2026
Shares Outstanding
147.8M
Free Float
99.9%

Income Statement

Revenue
$9.9B
Net Income
$1.3B
Revenue Growth, 3Y
-0.9%
FCF Margin, 3Y Avg
20.6%
FCF Margin, Worst Year
12.9%

Cash Flow

Free Cash Flow
$2.1B
FCF Yield
6.1%
Owner FCF Yield
5.3%

Balance Sheet

Total Debt
$6.6B

Returns & Capital

SBC, 3Y Avg
$282.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$9.9B$2.1B20.7%
FY2024$9.7B$2.7B28.1%
FY2023$9.8B$1.3B12.9%
FY2022$10.2B$1.1B11.2%
FY2021$11.0B$3.4B30.8%

Annual filing data through FY ended December 31, 2025; shares and float as of October 23, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage