Biogen Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Revenue	9,836	10,173	10,982	13,445	14,378	13,453	12,274	11,449	10,764	9,703	Upgrade
Revenue Growth (YoY)	-3.32%	-7.36%	-18.32%	-6.49%	6.88%	9.61%	7.21%	6.36%	10.93%	39.97%	Upgrade
Cost of Revenue	2,533	2,278	2,110	1,805	1,955	1,816	1,630	1,479	1,240	1,171	Upgrade
Gross Profit	7,302	7,895	8,872	11,639	12,423	11,637	10,644	9,970	9,523	8,532	Upgrade
Selling, General & Admin	2,550	2,404	2,674	2,505	2,375	2,106	1,934	1,947	2,113	2,232	Upgrade
Research & Development	2,462	2,231	2,501	3,991	2,281	2,597	2,254	1,973	2,013	1,893	Upgrade
Other Operating Expenses	993.7	-331.4	1,951	96.5	724.6	1,045	1,111	898.5	476	489.8	Upgrade
Operating Expenses	6,005	4,303	7,127	6,592	5,380	5,748	5,298	4,818	4,602	4,616	Upgrade
Operating Income	1,297	3,592	1,745	5,048	7,043	5,889	5,346	5,152	4,922	3,917	Upgrade
Other Expense / Income	0.4	-87.9	136.6	54.6	-3.9	32.3	348	211.6	212.9	-7.9	Upgrade
Pretax Income	1,296	3,680	1,609	4,993	7,047	5,856	4,998	4,940	4,709	3,925	Upgrade
Income Tax	135.3	632.8	52.5	992.3	1,158	1,426	2,459	1,237	1,162	989.9	Upgrade
Net Income	1,161	3,047	1,556	4,001	5,889	4,431	2,539	3,703	3,547	2,935	Upgrade
Net Income Growth	-61.89%	95.80%	-61.10%	-32.06%	32.90%	74.50%	-31.43%	4.39%	20.86%	57.59%	Upgrade
Shares Outstanding (Basic)	145	145	149	161	187	205	213	218	231	236	Upgrade
Shares Outstanding (Diluted)	146	146	150	161	187	205	213	219	231	237	Upgrade
Shares Change	-0.27%	-2.41%	-7.25%	-13.93%	-8.72%	-3.62%	-2.65%	-5.36%	-2.53%	-0.46%	Upgrade
EPS (Basic)	8.02	20.96	10.44	24.86	31.47	21.63	11.94	16.96	15.38	12.42	Upgrade
EPS (Diluted)	7.97	20.87	10.40	24.80	31.42	21.58	11.92	16.93	15.34	12.37	Upgrade
EPS Growth	-61.81%	100.67%	-58.06%	-21.07%	45.60%	81.04%	-29.59%	10.37%	24.01%	58.39%	Upgrade
Free Cash Flow	1,236	1,724	3,363	3,753	6,409	5,414	2,708	3,860	3,261	2,626	Upgrade
Free Cash Flow Per Share	8.54	11.86	22.55	23.32	34.26	26.42	12.74	17.67	14.13	11.11	Upgrade
Gross Margin	74.24%	77.61%	80.79%	86.57%	86.40%	86.50%	86.72%	87.08%	88.48%	87.93%	Upgrade
Operating Margin	13.18%	35.31%	15.89%	37.54%	48.98%	43.77%	43.55%	45.00%	45.72%	40.37%	Upgrade
Profit Margin	11.81%	29.95%	14.17%	29.76%	40.96%	32.93%	20.69%	32.34%	32.95%	30.25%	Upgrade
Free Cash Flow Margin	12.56%	16.94%	30.62%	27.91%	44.58%	40.24%	22.06%	33.71%	30.30%	27.06%	Upgrade
Effective Tax Rate	10.44%	17.20%	3.26%	19.87%	16.43%	24.34%	49.20%	25.05%	24.67%	25.22%	Upgrade
EBITDA	1,791	4,318	2,726	5,660	7,727	6,873	6,079	5,623	5,309	4,613	Upgrade
EBITDA Margin	18.21%	42.44%	24.82%	42.10%	53.74%	51.09%	49.53%	49.11%	49.32%	47.54%	Upgrade
Depreciation & Amortization	494.8	638	1,117	666.9	680.6	1,017	1,081	682.7	600.4	688.1	Upgrade
EBIT	1,296	3,680	1,609	4,993	7,047	5,856	4,998	4,940	4,709	3,925	Upgrade
EBIT Margin	13.18%	36.17%	14.65%	37.14%	49.01%	43.53%	40.72%	43.15%	43.74%	40.45%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).