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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 9,675.9 $ 9,835.6 $ 10,173.4
Cost and expense:      
Cost of sales, excluding amortization and impairment of acquired intangible assets 2,310.4 2,533.4 2,278.3
Research and development 2,041.8 2,462.0 2,231.1
Selling, general and administrative 2,403.7 2,549.7 2,403.6
Amortization and impairment of acquired intangible assets 446.7 240.6 365.9
Collaboration profit sharing/(loss reimbursement) 254.4 218.8 (7.4)
(Gain) loss on fair value remeasurement of contingent consideration 27.7 0.0 (209.1)
Restructuring charges 30.2 218.8 131.1
Gain on sale of priority review voucher, net (88.6) 0.0 0.0
Gain on sale of building, net 0.0 0.0 (503.7)
Other (income) expense, net 343.6 315.5 (108.2)
Total cost and expense 7,769.9 8,538.8 6,581.6
Income before income tax (benefit) expense and equity in (income) loss of investee, net of tax 1,906.0 1,296.8 3,591.8
Income tax (benefit) expense 273.8 135.3 632.8
Equity in (income) loss of investee, net of tax 0.0 0.0 (2.6)
Net income 1,632.2 1,161.5 2,961.6
Net income (loss) attributable to noncontrolling interests, net of tax 0.0 0.4 (85.3)
Net income attributable to Biogen Inc. $ 1,632.2 $ 1,161.1 $ 3,046.9
Net income per share:      
Basic earnings per share attributable to Biogen Inc. (in dollars per share) $ 11.21 $ 8.02 $ 20.96
Diluted earnings per share attributable to Biogen Inc. (in dollars per share) $ 11.18 $ 7.97 $ 20.87
Weighted-average shares used in calculating:      
Weighted-average number of common shares outstanding (in shares) 145.6 144.7 145.3
Diluted earnings per share attributable to Biogen Inc. (in shares) 145.9 145.6 146.0
Product revenue, net      
Revenues $ 7,213.5 $ 7,246.7 $ 7,987.8
Revenue from anti-CD20 therapeutic programs      
Revenues 1,749.9 1,689.6 1,700.5
Alzheimer's collaboration revenue      
Revenues 59.9 0.0 0.0
Contract manufacturing, royalty and other revenue      
Revenues $ 652.6 $ 899.3 $ 485.1