Biogen Inc.

BIIB ·Healthcare, Drug Manufacturers - General, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007
Revenue $4.38B $4.10B $3.17B
TECFIDERA — — —
Interferon (AVONEX+PLEGRIDY combined) — — —
AVONEX — — —
PLEGRIDY — — —
TYSABRI — — —
FAMPYRA — — —
ZINBRYTA — — —
VUMERITY — — —
ELOCTATE — — —
ALPROLIX — — —
FUMADERM — — —
SPINRAZA — — —
ADUHELM — — —
BENEPALI — — —
IMRALDI — — —
FLIXABI — — —
BYOOVIZ — — —
TOFIDENCE — — —
QALSODY — — —
SKYCLARYS — — —
ZURZUVAE — — —
FUMADERM and ADUHELM (combined) — — —
Other Product Revenue — — —
Revenue from anti-CD20 therapeutic programs — — —
Alzheimer's collaboration revenue — — —
Contract manufacturing, royalty and other revenue — — —
Cost of Revenue $382.1M $402.0M $335.2M
Gross Profit $4.00B $3.70B $2.84B
Gross Margin 91.3% 90.2% 89.4%
Operating Expenses
Research & Development $1.28B $1.07B $925.2M
SG&A Expense $911.0M $925.3M $776.1M
Operating Income $1.30B $1.21B $779.8M
Operating Margin 29.6% 29.6% 24.6%
Interest Expense $35.8M $52.0M —
Pretax Income $1.33B $1.16B $852.2M
Income Tax Expense $355.6M $365.8M $272.4M
Net Income $970.1M $783.2M $638.2M
Net Margin 22.2% 19.1% 20.1%
EPS (Basic) $3.37 $2.67 $2.02
EPS (Diluted) $3.35 $2.65 $1.99
Shares Outstanding (Basic) 287.4M 292.3M 315.8M
Shares Outstanding (Diluted) 289.5M 295.0M 320.2M
Dividends Per Share — — —
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