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Side-by-side financial comparison of Biogen (BIIB) and Fifth Third Bancorp (FITB). Click either name above to swap in a different company.

Biogen is the larger business by last-quarter revenue ($2.5B vs $1.5B, roughly 1.6× Fifth Third Bancorp). Fifth Third Bancorp runs the higher net margin — 47.7% vs 12.9%, a 34.8% gap on every dollar of revenue. On growth, Fifth Third Bancorp posted the faster year-over-year revenue change (6.4% vs 2.0%). Fifth Third Bancorp produced more free cash flow last quarter ($765.0M vs $594.3M).

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 ...

Fifth Third Bancorp is a bank holding company headquartered in Cincinnati, Ohio. It is the parent company of Fifth Third Bank, which operates 1,087 branches and 2,400 automated teller machines, across 12 states: Ohio, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia. It is on the list of largest banks in the United States and is ranked 321st on the Fortune 500. The name "Fifth Third" is derived from the names of the...

BIIB vs FITB — Head-to-Head

Bigger by revenue
BIIB
BIIB
1.6× larger
BIIB
$2.5B
$1.5B
FITB
Growing faster (revenue YoY)
FITB
FITB
+4.4% gap
FITB
6.4%
2.0%
BIIB
Higher net margin
FITB
FITB
34.8% more per $
FITB
47.7%
12.9%
BIIB
More free cash flow
FITB
FITB
$170.7M more FCF
FITB
$765.0M
$594.3M
BIIB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BIIB
BIIB
FITB
FITB
Revenue
$2.5B
$1.5B
Net Profit
$319.5M
$730.0M
Gross Margin
Operating Margin
59.7%
Net Margin
12.9%
47.7%
Revenue YoY
2.0%
6.4%
Net Profit YoY
32.8%
17.7%
EPS (diluted)
$2.15
$1.03

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
BIIB
BIIB
FITB
FITB
Q1 26
$2.5B
Q4 25
$2.3B
$1.5B
Q3 25
$2.5B
$1.5B
Q2 25
$2.6B
$1.5B
Q1 25
$2.4B
$1.4B
Q4 24
$2.5B
$1.4B
Q3 24
$2.5B
Q2 24
$2.5B
Net Profit
BIIB
BIIB
FITB
FITB
Q1 26
$319.5M
Q4 25
$-48.9M
$730.0M
Q3 25
$466.5M
$649.0M
Q2 25
$634.8M
$628.0M
Q1 25
$240.5M
$515.0M
Q4 24
$266.7M
$620.0M
Q3 24
$388.5M
Q2 24
$583.6M
Gross Margin
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
78.3%
Q3 25
73.4%
Q2 25
77.1%
Q1 25
74.1%
Q4 24
76.2%
Q3 24
74.1%
Q2 24
77.8%
Operating Margin
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
-2.5%
59.7%
Q3 25
22.0%
55.1%
Q2 25
28.1%
54.0%
Q1 25
12.8%
45.4%
Q4 24
11.9%
53.3%
Q3 24
18.3%
Q2 24
28.3%
Net Margin
BIIB
BIIB
FITB
FITB
Q1 26
12.9%
Q4 25
-2.1%
47.7%
Q3 25
18.4%
42.7%
Q2 25
24.0%
42.0%
Q1 25
9.9%
35.8%
Q4 24
10.9%
43.1%
Q3 24
15.8%
Q2 24
23.7%
EPS (diluted)
BIIB
BIIB
FITB
FITB
Q1 26
$2.15
Q4 25
$-0.35
$1.03
Q3 25
$3.17
$0.91
Q2 25
$4.33
$0.88
Q1 25
$1.64
$0.71
Q4 24
$1.82
$0.85
Q3 24
$2.66
Q2 24
$4.00

Balance Sheet & Financial Strength

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

Metric
BIIB
BIIB
FITB
FITB
Cash + ST InvestmentsLiquidity on hand
$3.4B
Total DebtLower is stronger
$13.6B
Stockholders' EquityBook value
$18.7B
$21.7B
Total Assets
$29.5B
$214.4B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIIB
BIIB
FITB
FITB
Q1 26
$3.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
$6.3B
$13.6B
Q3 25
$6.3B
$13.7B
Q2 25
$6.3B
$14.5B
Q1 25
$4.5B
$14.5B
Q4 24
$6.3B
$14.3B
Q3 24
$4.5B
Q2 24
$6.3B
Stockholders' Equity
BIIB
BIIB
FITB
FITB
Q1 26
$18.7B
Q4 25
$18.3B
$21.7B
Q3 25
$18.2B
$21.1B
Q2 25
$17.6B
$21.1B
Q1 25
$17.0B
$20.4B
Q4 24
$16.7B
$19.6B
Q3 24
$16.4B
Q2 24
$15.9B
Total Assets
BIIB
BIIB
FITB
FITB
Q1 26
$29.5B
Q4 25
$29.4B
$214.4B
Q3 25
$29.2B
$212.9B
Q2 25
$28.3B
$210.0B
Q1 25
$28.0B
$212.7B
Q4 24
$28.0B
$212.9B
Q3 24
$28.3B
Q2 24
$26.8B
Debt / Equity
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
0.34×
0.63×
Q3 25
0.35×
0.65×
Q2 25
0.36×
0.69×
Q1 25
0.27×
0.71×
Q4 24
0.38×
0.73×
Q3 24
0.28×
Q2 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
BIIB
BIIB
FITB
FITB
Operating Cash FlowLast quarter
$929.0M
Free Cash FlowOCF − Capex
$594.3M
$765.0M
FCF MarginFCF / Revenue
24.0%
50.0%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
1.27×
TTM Free Cash FlowTrailing 4 quarters
$2.4B
$3.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
$511.9M
$929.0M
Q3 25
$1.3B
$1.0B
Q2 25
$160.9M
$1.3B
Q1 25
$259.3M
$1.2B
Q4 24
$760.9M
$-101.0M
Q3 24
$935.6M
Q2 24
$625.8M
Free Cash Flow
BIIB
BIIB
FITB
FITB
Q1 26
$594.3M
Q4 25
$468.0M
$765.0M
Q3 25
$1.2B
$886.0M
Q2 25
$134.3M
$1.2B
Q1 25
$222.2M
$1.1B
Q4 24
$721.6M
$-246.0M
Q3 24
$900.6M
Q2 24
$592.3M
FCF Margin
BIIB
BIIB
FITB
FITB
Q1 26
24.0%
Q4 25
20.5%
50.0%
Q3 25
48.4%
58.3%
Q2 25
5.1%
77.8%
Q1 25
9.1%
77.7%
Q4 24
29.4%
-17.1%
Q3 24
36.5%
Q2 24
24.0%
Capex Intensity
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
1.9%
10.7%
Q3 25
1.8%
10.5%
Q2 25
1.0%
9.6%
Q1 25
1.5%
8.1%
Q4 24
1.6%
10.1%
Q3 24
1.4%
Q2 24
1.4%
Cash Conversion
BIIB
BIIB
FITB
FITB
Q1 26
Q4 25
1.27×
Q3 25
2.73×
1.61×
Q2 25
0.25×
2.08×
Q1 25
1.08×
2.39×
Q4 24
2.85×
-0.16×
Q3 24
2.41×
Q2 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIIB
BIIB

Product revenue, net$1.8B71%
Royalty revenue on sales of OCREVUS$317.2M13%
Contract manufacturing, royalty and other revenue$246.9M10%
Biogen's share of pre-tax profits in the U.S. for RITUXAN, GAZYVA and LUNSUMIO$94.7M4%
Alzheimer's collaboration Revenue$59.5M2%
Other revenue from anti-CD20 therapeutic programs$7.2M0%

FITB
FITB

Segment breakdown not available.

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