XML 99 R56.htm IDEA: XBRL DOCUMENT v3.25.4
Segment Information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Geographic information
The following tables contain certain financial information by geographic area:
December 31, 2025
(In millions)U.S.
Europe(1)
GermanyAsiaOtherTotal
Product revenue from external customers$3,547.9 $1,871.6 $853.0 $419.1 $427.8 $7,119.4 
Revenue from anti-CD20 therapeutic programs1,775.4 1.8 — — 83.4 1,860.6 
Contract manufacturing, royalty and other revenue414.7 10.8 — 307.4 — 732.9 
Long-lived assets1,236.7 2,053.8 12.2 5.9 12.2 3,320.8 
December 31, 2024
(In millions)U.S.
Europe(1)
GermanyAsiaOtherTotal
Product revenue from external customers$3,237.3 $2,171.5 $955.6 $366.9 $482.2 $7,213.5 
Revenue from anti-CD20 therapeutic programs1,673.6 0.6 — — 75.7 1,749.9 
Contract manufacturing, royalty and other revenue395.0 0.4 — 257.2 — 652.6 
Long-lived assets1,366.1 2,139.2 13.3 8.5 10.6 3,537.7 
December 31, 2023
(In millions)U.S.
Europe(1)
GermanyAsiaOtherTotal
Product revenue from external customers$3,141.4 $2,127.4 $868.0 $649.4 $460.5 $7,246.7 
Revenue from anti-CD20 therapeutic programs1,618.5 0.4 — — 70.7 1,689.6 
Contract manufacturing, royalty and other revenue673.6 11.7 — 214.0 — 899.3 
Long-lived assets1,443.0 2,248.0 17.5 8.3 12.9 3,729.7 
(1) Represents amounts related to Europe less those attributable to Germany.
Reconciliation of revenue from segments to consolidated
The following table includes additional information about reported segment revenue, significant segment expense and segment measure of profitability:
For the Years Ended December 31,
(In millions)202520242023
Total revenue$9,890.6 $9,675.9 $9,835.6 
Less cost and expense:
Cost of sales, excluding amortization and impairment of acquired intangible assets:
Product cost of sales1,587.2 1,604.2 1,787.2 
Royalty cost of sales817.0 706.2 746.2 
Research and development:
Research and discovery183.2 201.5 212.5 
Early stage programs257.7 286.6 361.0 
Late stage programs232.0 209.7 250.5 
Marketed products412.8 534.7 766.1 
Other research and development costs(1)
692.9 747.8 855.3 
Acquired in-process research and development, upfront and milestone expense471.8 61.5 16.6 
Selling, general and administrative2,433.6 2,403.7 2,549.7 
Other segment expense(2)
1,509.5 1,287.8 1,129.4 
Net Income attributable to Biogen Inc.$1,292.9 $1,632.2 $1,161.1 
(1) Other research and development costs primarily consist of indirect costs incurred in support of overall research and development activities and non-specific programs, including activities that benefit multiple programs, such as management costs, as well as depreciation, information technology and facility-based expenses and are not allocated to a specific program or stage.
(2) Other segment expense includes: amortization and impairment of acquired intangible assets; collaboration profit sharing/(loss reimbursement); (gain) loss on fair value remeasurement of contingent consideration; impairment of ROU asset; restructuring charges; gain on sale of priority review voucher, net; other (income) expense, net; income tax (benefit) expense; and net income attributable to noncontrolling interests, net of tax.