Biogen's earnings call reflected a strong performance in new product launches and pipeline progress, with significant revenue growth in key segments offsetting some challenges, particularly in Europe and China. The financial results and strategic focus on pipeline expansion suggest a positive outlook.
Company Guidance
During Biogen's Third Quarter 2025 Earnings Call, the company provided guidance highlighting significant growth across its portfolio. Key metrics included a 67% year-over-year growth in launch products, with LEQEMBI sales reaching $121 million globally. SKYCLARYS showed a 30% revenue growth year-over-year, while ZURZUVAE achieved a remarkable 150% revenue growth in the same period. The company's late-stage pipeline is robust, with 10 Phase III or Phase III-ready programs, and they are expanding their early-stage pipeline with assets like BIIB142 for autoimmune diseases. The financial guidance was updated to reflect a stronger business outlook, with anticipated sales growth of up to 1% at constant currency and a focus on business development activities impacting non-GAAP EPS guidance by approximately $1.25 per share. Biogen also emphasized its commitment to delivering $1 billion in gross savings as part of the Fit-for-Growth initiative by the end of 2025.
Strong Revenue Growth in Launch Products
Biogen's launch products demonstrated a year-on-year growth of 67% in Q3 2025, significantly offsetting the decline in MS revenue.
LEQEMBI Sales and Global Demand
LEQEMBI continues to show strong global demand with Q3 sales of $121 million and positive feedback from customers and payers.
Pipeline Progress
Litifilimab Phase III studies in SLE are fully enrolled with expected readouts in 2026, indicating strong commercial potential.
ZURZUVAE Revenue Growth
ZURZUVAE saw a 19% revenue growth compared to the previous quarter, driven by increased demand and new prescribers.
Financial Performance
Biogen delivered a 3% revenue growth overall, with non-GAAP diluted EPS growth of 18% and $1.2 billion in free cash flow in Q3 2025.
Biogen (BIIB) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BIIB Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$147.86
$149.61
+1.18%
Jul 31, 2025
$126.64
$128.00
+1.07%
May 01, 2025
$121.08
$120.93
-0.12%
Feb 12, 2025
$139.39
$133.43
-4.28%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Biogen (BIIB) report earnings?
Biogen (BIIB) is schdueled to report earning on Jan 29, 2026, Before Open (Confirmed).
What is Biogen (BIIB) earnings time?
Biogen (BIIB) earnings time is at Jan 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.