Biogen advertising spend, FY2025
Biogen (BIIB) reported $71.9M of advertising expense for the fiscal year ended Dec 31, 2025. That is 0.7% of revenue of $9.9B. Up 7.6% from FY2024.
Key facts
- Ad spend is 34% below its FY2015 level ($109M); revenue is 8% lower.
- The highest year on file is FY2020 at $112M; FY2025 is 36% below it.
- Largest increase +41.2% in FY2020; largest cut -45.2% in FY2022.
- Ad spend is 0.7% of revenue, down from 0.8% in FY2020.
- Biogen spends more on advertising than 12% of the 458 US-listed companies tracked. Its ad-to-revenue ratio is below the median of 4.6%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $71.9M | +7.6% | $9.9B | 0.7% | AdvertisingExpense | 10-K Feb 6, 2026 |
| FY2024 | Dec 31, 2024 | $66.8M | -6.4% | $9.7B | 0.7% | AdvertisingExpense | 10-K Feb 6, 2026 |
| FY2023 | Dec 31, 2023 | $71.4M | +32.0% | $9.8B | 0.7% | AdvertisingExpense | 10-K Feb 6, 2026 |
| FY2022 | Dec 31, 2022 | $54.1M | -45.2% | $10.2B | 0.5% | AdvertisingExpense | 10-K Feb 12, 2025 |
| FY2021 | Dec 31, 2021 | $98.7M | -11.7% | $11B | 0.9% | AdvertisingExpense | 10-K Feb 14, 2024 |
| FY2020 | Dec 31, 2020 | $112M | +41.2% | $13.4B | 0.8% | AdvertisingExpense | 10-K Feb 15, 2023 |
| FY2019 | Dec 31, 2019 | $79.2M | -12.2% | $14.4B | 0.6% | AdvertisingExpense | 10-K Feb 3, 2022 |
| FY2018 | Dec 31, 2018 | $90.2M | +19.9% | $13.5B | 0.7% | AdvertisingExpense | 10-K Feb 3, 2021 |
| FY2017 | Dec 31, 2017 | $75.2M | -29.3% | $12.3B | 0.6% | AdvertisingExpense | 10-K Feb 6, 2020 |
| FY2016 | Dec 31, 2016 | $106M | -2.1% | $11.4B | 0.9% | AdvertisingExpense | 10-K Feb 6, 2019 |
| FY2015 | Dec 31, 2015 | $109M | +16.9% | $10.8B | 1.0% | AdvertisingExpense | 10-K Feb 1, 2018 |
| FY2014 | Dec 31, 2014 | $92.9M | +27.8% | $9.7B | 1.0% | AdvertisingExpense | 10-K Feb 2, 2017 |
| FY2013 | Dec 31, 2013 | $72.7M | +33.9% | $6.9B | 1.0% | AdvertisingExpense | 10-K Feb 3, 2016 |
| FY2012 | Dec 31, 2012 | $54.3M | +19.9% | $5.5B | 1.0% | AdvertisingExpense | 10-K Feb 4, 2015 |
| FY2011 | Dec 31, 2011 | $45.3M | +28.3% | $5B | 0.9% | AdvertisingExpense | 10-K Feb 6, 2014 |
| FY2010 | Dec 31, 2010 | $35.3M | +33.2% | $4.7B | 0.7% | AdvertisingExpense | 10-K Feb 5, 2013 |
| FY2009 | Dec 31, 2009 | $26.5M | n/a | $4.4B | 0.6% | AdvertisingExpense | 10-K Feb 3, 2012 |
What the figure is
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Compared with similar spenders
The 6 companies closest to Biogen in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 398 | Valvoline | $74.3M | 4.3% | +7.1% | FY2025 |
| 399 | A.K.A. Brands | $74.1M | 12.3% | -0.8% | FY2025 |
| 400 | Asana | $72.3M | 9.1% | -3.6% | FY2026 |
| 401 | Biogen | $71.9M | 0.7% | +7.6% | FY2025 |
| 402 | Insight Enterprises | $71.4M | 0.9% | -6.2% | FY2025 |
| 403 | Rubrik | $70.8M | 5.4% | +98.9% | FY2026 |
| 404 | Equifax | $70.1M | 1.2% | +15.5% | FY2025 |
Full ranking of 458 companies · Biggest increases #210 · Lowest ad-to-revenue #39
Questions
How much does Biogen spend on advertising?
Biogen spent $71.9M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 6, 2026.
What percentage of revenue does Biogen spend on advertising?
0.7% of revenue in fiscal 2025 ($71.9M of $9.9B). The median across the 458 companies tracked is 4.6%.
Is Biogen spending more on advertising?
Yes. Ad spend rose 7.6% in fiscal 2025 from fiscal 2024.
How does Biogen rank by advertising spend?
#401 of 458 US-listed companies with $50M or more in ad spend, ranked on each company's latest fiscal year.
What does Biogen's advertising figure include?
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Source
- Filing
- 10-K for FY2025, filed Feb 6, 2026
- Accession number
0000875045-26-000013- Company
- BIOGEN INC., CIK 875045, SIC 2836 (Biological Products, (No Diagnostic Substances))
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Biogen advertising spend, FY2009-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 6, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/biogen/advertising-spend/
- Download
- CSV, all years · CSV, all 458 companies