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Biogen Inc.

BIIBโ€ขRank #302โ€ขHealthcareโ€ขDrug Manufacturers - General

Market Cap

$30.1B

Global Rank

#302

All-Time High

$50.1B

2014-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 18% of the 367 companies we track (globally).
  • Equivalent to 0.1% of United States's GDP (2025 data).
  • Just above: #301 adidas AG ($30.7B)
  • Just below: #303 The Kraft Heinz Company ($29.2B)
  • Best year: 1995 (+818%). Worst year: 2002 (-52%).

$9.9B revenue ยท $2.5B operating income ยท $1.3B net income

  • โ—Operating margin: 25.0% on $9.9B in revenue.
  • โ—R&D is 18.0% of revenue ($1.8B).
  • โ—Net income margin: 13.1% โ€” $1.3B in profit.
  • โ—Free cash flow: $2.0B (19.9% of revenue).

Cost / Operating Expenses

Total operating expenses $7.4B

Total

$6.6B

Cost of revenueยท Product / service delivery costs (COGS)$2.4B36.3%
Research & development$1.8B26.9%
Selling, general & administrativeยท Sales, marketing, and corporate overhead$2.4B36.8%

Capital Expenditures

$0.2B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$2.0B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About Biogen Inc.

Biogen Inc. is an American multinational biotechnology company based in Cambridge, Massachusetts, United States specializing in the treatment of neurological diseases. The company's primary products are dimethyl fumarate (Tecfidera), diroximel fumarate (Vumerity), interferon beta-1a (AVONEX), peginterferon beta-1a (Plegridy), and natalizumab (Tysabri), all for the treatment of multiple sclerosis ; nusinersen (Spinraza) for the treatment of spinal muscular atrophy ; omaveloxolone (Skyclarys) for the treatment of Friedreich's ataxia ; tofersen (Qalsody) for the treatment of ALS; and dimethyl fumarate (Fumaderm) for the treatment of severe plaque psoriasis. The company also produces 5 biosimilars and has collaborations with Genentech for several drugs.

Biogen Inc. Market Cap History (2026โ€“2026)

Biogen Inc. vs Sector Peers by Market Cap

Humana Inc.HUM
$44.8B
CSL LimitedCSL.AX
$43.1B
Veeva Systems Inc.VEEV
$38.4B
DexCom, Inc.DXCM
$33.8B
Zoetis Inc.ZTS
$31.1B
Biogen Inc.BIIB
$30.1B
Koninklijke Philips N.V.PHIA.AS
$24.9B
Merck KGaAMRK.DE
$19.5B

Compare Biogen Inc.

Ranking History

YearMarket CapRankYoY Change
2026$30.1B#302(โ†‘12)+15.9%
2025$26.0B#314(โ†‘6)+15.1%
2024$22.6B#320(โ†“59)-40.9%
2023$38.2B#261(โ†“48)-6.6%
2022$40.9B#213(โ†‘55)+15.4%
2021$35.4B#268(โ†“45)-2.0%
2020$36.2B#223(โ†“57)-17.5%
2019$43.8B#166(โ†“45)-1.4%
2018$44.4B#121(โ†“1)-5.5%
2017$47.0B#120(โ†“13)+12.3%
2016$41.9B#107(โ†“19)-7.4%
2015$45.2B#88(โ†“16)-9.8%
2014$50.1B#72(โ†‘2)+21.4%
2013$41.3B#74(โ†‘50)+91.0%
2012$21.6B#124(โ†‘4)+33.0%
2011$16.2B#128(โ†‘71)+64.1%
2010$9.9B#199(โ†‘2)+25.3%
2009$7.9B#201(โ†“24)+12.3%
2008$7.0B#177(โ†‘21)-16.3%
2007$8.4B#198(โ†‘7)+15.7%
2006$7.3B#205(โ†“14)+8.6%
2005$6.7B#191(โ†“62)-32.0%
2004$9.8B#129(โ†‘40)+81.5%
2003$5.4B#169(โ†“21)+10.6%
2002$4.9B#148(โ†“55)-51.9%
2001$10.2B#93(โ†‘10)+9.1%
2000$9.3B#103(โ†‘9)+92.9%
1999$4.8B#112(โ†‘48)+318.1%
1998$1.2B#160(โ†‘4)+36.7%
1997$845.8M#164(โ†“5)+44.7%
1996$584.4M#159(โ†“10)+21.8%
1995$479.8M#149(โ†“6)+817.6%
1994$52.3M#143

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FAQ

What is Biogen Inc.'s market cap?

Biogen Inc. (BIIB) has a market capitalization of $30.1B, making it the #302 largest company in the world by market cap.

What was Biogen Inc.'s highest market cap?

Biogen Inc.'s all-time high market cap was $50.1B, reached in 2014-12-31. Its highest rank was #72 in 2014.

What sector is Biogen Inc. in?

Biogen Inc. is in the Healthcare sector, specifically the Drug Manufacturers - General industry. It is based in United States.

How has Biogen Inc.'s market cap changed over time?

Biogen Inc. has been tracked since 2026. Its market cap has grown by 0% from $30.1B in 2026 to $30.1B today.