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Biogen Inc   (BIIB)
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BIIB's Net Income Growth by Quarter and Year

Biogen Inc 's Net Income results by quarter and year




BIIB Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 248.90 549.50 -20.60
III Quarter September - -68.30 1,134.90 318.10
II Quarter June 583.60 593.30 1,058.70 1,025.50
I Quarter March 393.40 387.60 218.50 404.60
FY   977.00 1,161.50 2,961.60 1,727.60



BIIB Net Income second quarter 2024 Y/Y Growth Comment
Biogen Inc reported decrease in Net Income in the second quarter 2024 by -1.63% to $ 583.60 millions, from the same quarter in 2023.
The decrease in the second quarter 2024 Biogen Inc 's Net Income compares unfavorably to the Company's average Net Income jump of 48.06%.

According to the results reported in the second quarter 2024, Biogen Inc achieved the best Net Income growth in Biotechnology & Pharmaceuticals industry. While Biogen Inc ' s Net Income decline of -1.63% ranks overall at the positon no. 480 in the second quarter 2024.




BIIB Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -54.7 % - -
III Quarter September - - 256.77 % -54.81 %
II Quarter June -1.63 % -43.96 % 3.24 % -36.17 %
I Quarter March 1.5 % 77.39 % -46 % -70.95 %
FY   - -60.78 % 71.43 % -57.45 %

Financial Statements
Biogen Inc 's second quarter 2024 Net Income $ 583.60 millions BIIB's Income Statement
Biogen Inc 's second quarter 2023 Net Income $ 593.30 millions Quarterly BIIB's Income Statement
New: More BIIB's historic Net Income Growth >>


BIIB Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - - -51.58 % -
III Quarter September - - 7.2 % -68.98 %
II Quarter June 48.35 % 53.07 % 384.53 % 153.46 %
I Quarter March 58.06 % -29.46 % - 13.17 %
FY (Year on Year)   - -60.78 % 71.43 % -57.45 %




Net Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry #1
Healthcare Sector #31
Overall #480

Net Income Y/Y Growth Statistics
High Average Low
1560.25 % 48.06 % -75.52 %
(June 30. 2007)   (June 30. 2006)
Net Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry #1
Healthcare Sector #31
Overall #480
Net Income Y/Y Growth Statistics
High Average Low
1560.25 % 48.06 % -75.52 %
(June 30. 2007)   (June 30. 2006)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Biogen Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
4345.95 % 75.62 % -68.98 %
(Sep. 30, 2004)  


BIIB's II. Quarter Q/Q Net Income Comment
Biogen Inc achieved in the II. Quarter 2024 below company average Net Income jump of 48.35% quarter on quarter, to $ 583.60 millions.

Within Biotechnology & Pharmaceuticals industry only one company achieved higher sequential Net Income growth. While Biogen Inc 's Net Income growth quarter on quarter, overall rank is 164.


Net Income Q/Q Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry #2
Healthcare Sector #12
Overall #164
Net Income Q/Q Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry #2
Healthcare Sector #12
Overall #164
Net Income Q/Q Growth Statistics
High Average Low
4345.95 % 75.62 % -68.98 %
(Sep. 30, 2004)  


BIIB's II. Quarter Q/Q Net Income Comment
Biogen Inc achieved in the II. Quarter 2024 below company average Net Income jump of 48.35% quarter on quarter, to $ 583.60 millions.

Within Biotechnology & Pharmaceuticals industry only one company achieved higher sequential Net Income growth. While Biogen Inc 's Net Income growth quarter on quarter, overall rank is 164.


Biogen Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Net Income 12 Months Ending $ 1,157.60 $ 1,167.30 $ 1,161.50 $ 1,462.10 $ 2,665.30
Y / Y Net Income Growth (TTM) -56.57 % -62.71 % -60.78 % -38.86 % 69.26 %
Year on Year Net Income Growth Overall Ranking # 224 # 7 # 81 # 528 # 1427
Seqeuential Net Income Change (TTM) -0.83 % 0.5 % -20.56 % -45.14 % -14.87 %
Seq. Net Income Growth (TTM) Overall Ranking # 480 # 62 # 165 # 346 # 875




Cumulative Net Income growth Comment
Biogen Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Biogen Inc 's annual Net Income fall would be -56.57% year on year to $1,158 millions.

Within the Healthcare sector 21 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 7 to 224.

Net Income TTM Q/Q Growth Statistics
High Average Low
1560.25 %
48.06 %
-75.52 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry # 1
Healthcare Sector # 22
Overall # 224

Net Income TTM Y/Y Growth Statistics
High Average Low
1560.25 %
48.06 %
-75.52 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 31
S&P 500 # 480
Cumulative Net Income growth Comment
Biogen Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Biogen Inc 's annual Net Income drop would be -56.57% year on year to $1,158 millions.

Within the Healthcare sector 21 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 7 to 224.

Net Income TTM Q/Q Growth Statistics
High Average Low
1560.25 %
48.06 %
-75.52 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry # 1
Healthcare Sector # 22
Overall # 224

Net Income TTM Y/Y Growth Statistics
High Average Low
1560.25 %
48.06 %
-75.52 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 31
S&P 500 # 480




Other Net Income Growth
Biotechnology & Pharmaceuticals Industry Net Income Growth Trends and Statistics
Healthcare Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
BIIB's Net Income Growth Ratio versus Biotechnology & Pharmaceuticals Industry, Healthcare Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for BIIB's Competitors
Net Income Growth for Biogen Inc 's Suppliers
Net Income Growth for BIIB's Customers

You may also want to know
BIIB's Annual Growth Rates BIIB's Profitability Ratios BIIB's Asset Turnover Ratio BIIB's Dividend Growth
BIIB's Roe BIIB's Valuation Ratios BIIB's Financial Strength Ratios BIIB's Dividend Payout Ratio
BIIB's Roa BIIB's Inventory Turnover Ratio BIIB's Growth Rates BIIB's Dividend Comparisons



Companies with similar Net Income drop for the quarter ending Jun 30 2024 within Healthcare SectorY/Y Change %Net Income for the quarter ending Jun 30 2024
Biogen Inc -1.63%$ -1.635 millions
Embecta Corp -3.29%$ -3.289 millions
Quest Diagnostics Inc-3.61%$ -3.614 millions
Abbott Laboratories-5.31%$ -5.309 millions
Zoetis Inc -6.87%$ -6.866 millions
Idexx Laboratories Inc-9.34%$ -9.337 millions
Prestige Consumer Healthcare Inc -11.89%$ -11.893 millions
Align Technology inc -13.64%$ -13.639 millions
National Research Corporation-15.10%$ -15.097 millions
Dariohealth Corp -17.94%$ -17.938 millions
Bristol myers Squibb Company-18.92%$ -18.922 millions
Organon and Co -19.42%$ -19.421 millions
U S Physical Therapy Inc-21.21%$ -21.206 millions
Pacira Biosciences inc -26.69%$ -26.693 millions
Privia Health Group Inc -27.00%$ -26.997 millions
West Pharmaceutical Services Inc -28.24%$ -28.240 millions
Neurocrine Biosciences Inc -31.94%$ -31.937 millions
Abbvie Inc -32.26%$ -32.264 millions
Lifevantage Corp-33.62%$ -33.622 millions
Lantheus Holdings Inc -34.06%$ -34.057 millions
Viemed Healthcare Inc -36.61%$ -36.609 millions
Vaso Corporation-44.26%$ -44.257 millions
Nature s Sunshine Products inc -44.42%$ -44.415 millions
Royalty Pharma Plc-44.67%$ -44.675 millions
Globus Medical Inc -44.97%$ -44.968 millions
Amgen Inc -45.90%$ -45.903 millions
Surgery Partners Inc -50.78%$ -50.780 millions
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Option Care Health Inc -53.63%$ -53.635 millions
Pro dex Inc -58.30%$ -58.303 millions




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