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Biogen Inc. (BIIB) Gross Margin: 69.77%

Is Biogen Inc.’s gross margin high or low?

Biogen Inc.'s gross margin of 69.77% is 10% below its 5-year average of 77.63%, near the low end of its 5-year range (70.47%–86.57%).

The gross margin for Biogen Inc. (BIIB) is 69.77% as of Wednesday, June 10, 2026. It is below its 12-month average by 4.81% (73.30%).

BIIB Gross Margin Chart

BIIB Gross Margin
70.47%-7.42% 1Y
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BIIB Average Gross Margin Chart

BIIB Current vs Average Gross Margin Chart

BIIB Gross Margin Metrics

GROSS MARGIN

69.77%

GROSS MARGIN AVG TTM

73.30%

GROSS MARGIN AVG 3Y

74.61%

GROSS MARGIN AVG 5Y

77.63%

GROSS MARGIN AVG 10Y

81.94%

GROSS MARGIN AVG 15Y

84.33%

GROSS MARGIN AVG 20Y

85.15%

CURRENT VS TTM AVG

-4.81%

CURRENT VS 3Y AVG

-6.49%

CURRENT VS 5Y AVG

-10.13%

CURRENT VS 10Y AVG

-14.86%

CURRENT VS 15Y AVG

-17.27%

CURRENT VS 20Y AVG

-18.06%

BIIB Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Biogen Inc. (BIIB)$29.00B69.77%73.30%74.61%77.63%
DexCom, Inc. (DXCM)$29.24B61.84%60.23%62.09%63.91%
IQVIA Holdings Inc. (IQV)$30.60B26.11%30.59%32.75%33.07%
Medline Inc. (MDLN)$30.90B24.04%25.55%23.71%23.71%
Veeva Systems Inc. (VEEV)$26.73B74.95%75.03%73.28%73.00%
Centene Corporation (CNC)$31.94B14.93%11.28%11.33%11.71%
Waters Corporation (WAT)$23.83B55.02%58.60%58.69%58.45%
Zoetis Inc. (ZTS)$34.20B70.75%69.79%68.91%68.46%
Mettler-Toledo International Inc. (MTD)$22.85B57.79%57.84%57.54%57.23%
BioNTech SE (BNTX)$21.81B73.26%78.98%81.24%82.89%

Gross Margin Analysis

Gross Margin

69.8%

(Revenue - COGS) / Revenue

Biogen Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Biogen Inc. Gross Margin FAQ

What is the gross margin for Biogen Inc. (BIIB)?
The gross margin for BIIB stock is 69.77%.
Is Biogen Inc.'s gross margin high or low?
Biogen Inc.'s gross margin of 69.77% is 10% below its 5-year average of 77.63%, near the low end of its 5-year range (70.47%–86.57%).
What is the TTM average gross margin for Biogen Inc. (BIIB)?
The TTM average gross margin for BIIB stock is 73.30%.
What is the 3Y average gross margin for Biogen Inc. (BIIB)?
The 3Y average gross margin for BIIB stock is 74.61%.
What is the 5Y average gross margin for Biogen Inc. (BIIB)?
The 5Y average gross margin for BIIB stock is 77.63%.
What is the 10Y average gross margin for Biogen Inc. (BIIB)?
The 10Y average gross margin for BIIB stock is 81.94%.
What is the 15Y average gross margin for Biogen Inc. (BIIB)?
The 15Y average gross margin for BIIB stock is 84.33%.
What is the 20Y average gross margin for Biogen Inc. (BIIB)?
The 20Y average gross margin for BIIB stock is 85.15%.

Biogen Inc. Gross Margin History

DATEGROSS MARGIN
2025-12-3170.47%
2024-12-3176.12%
2023-12-3174.24%
2022-12-3177.61%
2021-12-3180.79%
2020-12-3186.57%
2019-12-3186.40%
2018-12-3186.50%
2017-12-3186.72%
2016-12-3187.48%
2015-12-3188.48%
2014-12-3187.93%
2013-12-3187.63%
2012-12-3190.11%
2011-12-3190.75%
2010-12-3191.51%
2009-12-3191.27%
2008-12-3190.19%
2007-12-3189.43%
2006-12-3189.77%
2005-12-3178.20%
2004-12-3165.26%
2003-12-31-52.98%
2002-12-3199.64%
2001-12-3186.90%
2000-12-3186.47%
1999-12-3186.03%
1998-12-3186.64%
1997-12-3188.44%
1996-12-3189.71%

About Biogen Inc.

Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

Cambridge, MA
7,605 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Christopher A. Viehbacher