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Side-by-side financial comparison of ABVC BIOPHARMA, INC. (ABVC) and Biogen (BIIB). Click either name above to swap in a different company.

Biogen is the larger business by last-quarter revenue ($2.3B vs $796.0K, roughly 2863.7× ABVC BIOPHARMA, INC.). Biogen runs the higher net margin — -2.1% vs -256.6%, a 254.5% gap on every dollar of revenue. On growth, ABVC BIOPHARMA, INC. posted the faster year-over-year revenue change (104.5% vs -7.1%). Over the past eight quarters, ABVC BIOPHARMA, INC.'s revenue compounded faster (1041.5% CAGR vs -0.2%).

ABVC Biopharma Inc. is a clinical-stage biopharmaceutical enterprise focused on developing innovative therapies for unmet medical needs, with core areas including oncology, ophthalmology, and central nervous system disorders. It operates across North American and Asian markets, advancing multiple proprietary drug candidates through clinical development phases.

Biogen Inc. is an American multinational biotechnology company based in Cambridge, Massachusetts, United States specializing in the treatment of neurological diseases. The company's primary products are dimethyl fumarate (Tecfidera), diroximel fumarate (Vumerity), interferon beta-1a (AVONEX), peginterferon beta-1a (Plegridy), and natalizumab (Tysabri), all for the treatment of multiple sclerosis ; nusinersen (Spinraza) for the treatment of spinal muscular atrophy ; omaveloxolone (Skyclarys) for ...

ABVC vs BIIB — Head-to-Head

Bigger by revenue
BIIB
BIIB
2863.7× larger
BIIB
$2.3B
$796.0K
ABVC
Growing faster (revenue YoY)
ABVC
ABVC
+111.6% gap
ABVC
104.5%
-7.1%
BIIB
Higher net margin
BIIB
BIIB
254.5% more per $
BIIB
-2.1%
-256.6%
ABVC
Faster 2-yr revenue CAGR
ABVC
ABVC
Annualised
ABVC
1041.5%
-0.2%
BIIB

Income Statement — Q3 2025 vs Q4 2025

Metric
ABVC
ABVC
BIIB
BIIB
Revenue
$796.0K
$2.3B
Net Profit
$-2.0M
$-48.9M
Gross Margin
100.0%
78.3%
Operating Margin
-246.8%
-2.5%
Net Margin
-256.6%
-2.1%
Revenue YoY
104.5%
-7.1%
Net Profit YoY
-417.4%
-118.3%
EPS (diluted)
$-0.09
$-0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABVC
ABVC
BIIB
BIIB
Q4 25
$2.3B
Q3 25
$796.0K
$2.5B
Q2 25
$2.6B
Q1 25
$2.4B
Q4 24
$2.0K
$2.5B
Q3 24
$389.3K
$2.5B
Q2 24
$117.1K
$2.5B
Q1 24
$1.2K
$2.3B
Net Profit
ABVC
ABVC
BIIB
BIIB
Q4 25
$-48.9M
Q3 25
$-2.0M
$466.5M
Q2 25
$634.8M
Q1 25
$240.5M
Q4 24
$-731.6K
$266.7M
Q3 24
$-394.8K
$388.5M
Q2 24
$-942.3K
$583.6M
Q1 24
$-2.8M
$393.4M
Gross Margin
ABVC
ABVC
BIIB
BIIB
Q4 25
78.3%
Q3 25
100.0%
73.4%
Q2 25
77.1%
Q1 25
74.1%
Q4 24
100.0%
76.2%
Q3 24
99.9%
74.1%
Q2 24
99.8%
77.8%
Q1 24
77.0%
76.3%
Operating Margin
ABVC
ABVC
BIIB
BIIB
Q4 25
-2.5%
Q3 25
-246.8%
22.0%
Q2 25
28.1%
Q1 25
12.8%
Q4 24
-35837.4%
11.9%
Q3 24
-77.7%
18.3%
Q2 24
-734.2%
28.3%
Q1 24
-235539.8%
20.3%
Net Margin
ABVC
ABVC
BIIB
BIIB
Q4 25
-2.1%
Q3 25
-256.6%
18.4%
Q2 25
24.0%
Q1 25
9.9%
Q4 24
-37211.3%
10.9%
Q3 24
-101.4%
15.8%
Q2 24
-804.4%
23.7%
Q1 24
-235203.2%
17.2%
EPS (diluted)
ABVC
ABVC
BIIB
BIIB
Q4 25
$-0.35
Q3 25
$-0.09
$3.17
Q2 25
$4.33
Q1 25
$1.64
Q4 24
$-0.02
$1.82
Q3 24
$-0.03
$2.66
Q2 24
$-0.08
$4.00
Q1 24
$-0.29
$2.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABVC
ABVC
BIIB
BIIB
Cash + ST InvestmentsLiquidity on hand
$257.2K
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$12.1M
$18.3B
Total Assets
$21.2M
$29.4B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABVC
ABVC
BIIB
BIIB
Q4 25
Q3 25
$257.2K
Q2 25
Q1 25
Q4 24
$313.1K
Q3 24
$208.2K
Q2 24
$200.0K
Q1 24
$106.4K
Total Debt
ABVC
ABVC
BIIB
BIIB
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$4.5B
Q4 24
$6.3B
Q3 24
$4.5B
Q2 24
$6.3B
Q1 24
$6.3B
Stockholders' Equity
ABVC
ABVC
BIIB
BIIB
Q4 25
$18.3B
Q3 25
$12.1M
$18.2B
Q2 25
$17.6B
Q1 25
$17.0B
Q4 24
$1.2M
$16.7B
Q3 24
$1.6M
$16.4B
Q2 24
$1.8M
$15.9B
Q1 24
$1.7M
$15.2B
Total Assets
ABVC
ABVC
BIIB
BIIB
Q4 25
$29.4B
Q3 25
$21.2M
$29.2B
Q2 25
$28.3B
Q1 25
$28.0B
Q4 24
$7.5M
$28.0B
Q3 24
$7.8M
$28.3B
Q2 24
$8.0M
$26.8B
Q1 24
$8.0M
$26.6B
Debt / Equity
ABVC
ABVC
BIIB
BIIB
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.28×
Q2 24
0.40×
Q1 24
0.41×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABVC
ABVC
BIIB
BIIB
Operating Cash FlowLast quarter
$-964.7K
$511.9M
Free Cash FlowOCF − Capex
$468.0M
FCF MarginFCF / Revenue
20.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABVC
ABVC
BIIB
BIIB
Q4 25
$511.9M
Q3 25
$-964.7K
$1.3B
Q2 25
$160.9M
Q1 25
$259.3M
Q4 24
$-702.1K
$760.9M
Q3 24
$60.2K
$935.6M
Q2 24
$-211.4K
$625.8M
Q1 24
$-955.8K
$553.2M
Free Cash Flow
ABVC
ABVC
BIIB
BIIB
Q4 25
$468.0M
Q3 25
$1.2B
Q2 25
$134.3M
Q1 25
$222.2M
Q4 24
$721.6M
Q3 24
$900.6M
Q2 24
$592.3M
Q1 24
$507.3M
FCF Margin
ABVC
ABVC
BIIB
BIIB
Q4 25
20.5%
Q3 25
48.4%
Q2 25
5.1%
Q1 25
9.1%
Q4 24
29.4%
Q3 24
36.5%
Q2 24
24.0%
Q1 24
22.1%
Capex Intensity
ABVC
ABVC
BIIB
BIIB
Q4 25
1.9%
Q3 25
1.8%
Q2 25
1.0%
Q1 25
1.5%
Q4 24
1.6%
Q3 24
1.4%
Q2 24
1.4%
Q1 24
2.0%
Cash Conversion
ABVC
ABVC
BIIB
BIIB
Q4 25
Q3 25
2.73×
Q2 25
0.25×
Q1 25
1.08×
Q4 24
2.85×
Q3 24
2.41×
Q2 24
1.07×
Q1 24
1.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABVC
ABVC

Segment breakdown not available.

BIIB
BIIB

Products$1.7B73%
Tysabri Product$244.5M11%
AVONEX$119.2M5%
SKYCLARYS$88.9M4%
Alzheimers Collaboration$47.1M2%
IMRALDI$43.5M2%
TECFIDERA$36.9M2%
PLEGRIDY$24.7M1%
QALSODY$7.8M0%
BYOOVIZ$4.3M0%

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