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Filing Flows › Biogen (BIIB) › Q3 2026 › vs Q2 2026

Biogen (BIIB) Q3 2026 vs Q2 2026 (quarter over quarter)

Biogen's revenue rose $68.1M (+2%) from $2.7B in Q2 2026 to $2.8B in Q3 2026.

Biogen, Q3 2026: revenue $2.8B (+11% year over year), operating margin -0.3%, net loss $20.6M, operating cash flow $641M. The chart draws each line against Q2 2026, the increases inside each band.

Biogen: what changed, Q3 2026 vs Q2 2026Biogen: what changed, Q3 2026 vs Q2 2026Operating cash sources$310MWorking capital & other$301MOperating costs$210MOperating cash flow$192MOther operating costs$151MNet loss$118MNet loss absorbed$118MCosts & expenses$88.7MResearch & development$44.4MSG&A$42.3M

Every line

LineQ3 2026Q2 2026Change%
Revenue$2.8B$2.7B$68.1M+2%
Net loss$20.6M−$97.5M$118M—
Costs & expenses$2.8B$2.7B$88.7M+3%
Operating costs$2.8B$2.6B$210M+8%
Income tax$11.6M$34.9M−$23.3M-67%
Cost of revenue$748M$777M−$28.5M-4%
Research & development$574M$530M$44.4M+8%
SG&A$752M$710M$42.3M+6%
Other operating costs$739M$587M$151M+26%
Operating cash sources$661M$351M$310M+88%
Depreciation & amortization$241M$236M$5.0M+2%
Share-based compensation$81.5M$77.4M$4.1M+5%
Working capital & other$339M$37.9M$301M+794%
Net loss absorbed$20.6M−$97.5M$118M—
Operating cash flow$641M$449M$192M+43%

Questions

How much did Biogen's revenue grow quarter over quarter in Q3 2026?

Biogen's revenue rose $68.1M (+2%) from $2.7B in Q2 2026 to $2.8B in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →