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Side-by-side financial comparison of Biogen (BIIB) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

Ralph Lauren Corporation is the larger business by last-quarter revenue ($2.4B vs $2.3B, roughly 1.1× Biogen). Ralph Lauren Corporation runs the higher net margin — 15.0% vs -2.1%, a 17.2% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% vs -7.1%). Ralph Lauren Corporation produced more free cash flow last quarter ($704.0M vs $468.0M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% CAGR vs -0.2%).

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 ...

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

BIIB vs RL — Head-to-Head

Bigger by revenue
RL
RL
1.1× larger
RL
$2.4B
$2.3B
BIIB
Growing faster (revenue YoY)
RL
RL
+19.4% gap
RL
12.2%
-7.1%
BIIB
Higher net margin
RL
RL
17.2% more per $
RL
15.0%
-2.1%
BIIB
More free cash flow
RL
RL
$236.0M more FCF
RL
$704.0M
$468.0M
BIIB
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
-0.2%
BIIB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BIIB
BIIB
RL
RL
Revenue
$2.3B
$2.4B
Net Profit
$-48.9M
$361.6M
Gross Margin
78.3%
69.9%
Operating Margin
-2.5%
19.6%
Net Margin
-2.1%
15.0%
Revenue YoY
-7.1%
12.2%
Net Profit YoY
-118.3%
21.6%
EPS (diluted)
$-0.35
$5.82

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
RL
RL
Q4 25
$2.3B
$2.4B
Q3 25
$2.5B
$2.0B
Q2 25
$2.6B
$1.7B
Q1 25
$2.4B
$1.7B
Q4 24
$2.5B
$2.1B
Q3 24
$2.5B
$1.7B
Q2 24
$2.5B
$1.5B
Q1 24
$2.3B
$1.6B
Net Profit
BIIB
BIIB
RL
RL
Q4 25
$-48.9M
$361.6M
Q3 25
$466.5M
$207.5M
Q2 25
$634.8M
$220.4M
Q1 25
$240.5M
$129.0M
Q4 24
$266.7M
$297.4M
Q3 24
$388.5M
$147.9M
Q2 24
$583.6M
$168.6M
Q1 24
$393.4M
$90.7M
Gross Margin
BIIB
BIIB
RL
RL
Q4 25
78.3%
69.9%
Q3 25
73.4%
68.0%
Q2 25
77.1%
72.3%
Q1 25
74.1%
68.7%
Q4 24
76.2%
68.4%
Q3 24
74.1%
67.0%
Q2 24
77.8%
70.5%
Q1 24
76.3%
66.6%
Operating Margin
BIIB
BIIB
RL
RL
Q4 25
-2.5%
19.6%
Q3 25
22.0%
12.2%
Q2 25
28.1%
15.9%
Q1 25
12.8%
9.1%
Q4 24
11.9%
18.2%
Q3 24
18.3%
10.4%
Q2 24
28.3%
13.8%
Q1 24
20.3%
6.9%
Net Margin
BIIB
BIIB
RL
RL
Q4 25
-2.1%
15.0%
Q3 25
18.4%
10.3%
Q2 25
24.0%
12.8%
Q1 25
9.9%
7.6%
Q4 24
10.9%
13.9%
Q3 24
15.8%
8.6%
Q2 24
23.7%
11.1%
Q1 24
17.2%
5.8%
EPS (diluted)
BIIB
BIIB
RL
RL
Q4 25
$-0.35
$5.82
Q3 25
$3.17
$3.32
Q2 25
$4.33
$3.52
Q1 25
$1.64
$2.03
Q4 24
$1.82
$4.66
Q3 24
$2.66
$2.31
Q2 24
$4.00
$2.61
Q1 24
$2.70
$1.37

Balance Sheet & Financial Strength

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

Metric
BIIB
BIIB
RL
RL
Cash + ST InvestmentsLiquidity on hand
$2.3B
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$18.3B
$2.9B
Total Assets
$29.4B
$7.8B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIIB
BIIB
RL
RL
Q4 25
$2.3B
Q3 25
$1.6B
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$1.7B
Q2 24
$1.8B
Q1 24
$1.8B
Total Debt
BIIB
BIIB
RL
RL
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
BIIB
BIIB
RL
RL
Q4 25
$18.3B
$2.9B
Q3 25
$18.2B
$2.6B
Q2 25
$17.6B
$2.5B
Q1 25
$17.0B
$2.6B
Q4 24
$16.7B
$2.5B
Q3 24
$16.4B
$2.4B
Q2 24
$15.9B
$2.4B
Q1 24
$15.2B
$2.5B
Total Assets
BIIB
BIIB
RL
RL
Q4 25
$29.4B
$7.8B
Q3 25
$29.2B
$7.3B
Q2 25
$28.3B
$7.8B
Q1 25
$28.0B
$7.0B
Q4 24
$28.0B
$7.1B
Q3 24
$28.3B
$6.8B
Q2 24
$26.8B
$6.6B
Q1 24
$26.6B
$6.6B
Debt / Equity
BIIB
BIIB
RL
RL
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
BIIB
BIIB
RL
RL
Operating Cash FlowLast quarter
$511.9M
$779.6M
Free Cash FlowOCF − Capex
$468.0M
$704.0M
FCF MarginFCF / Revenue
20.5%
29.3%
Capex IntensityCapex / Revenue
1.9%
3.1%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$2.1B
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIIB
BIIB
RL
RL
Q4 25
$511.9M
$779.6M
Q3 25
$1.3B
$53.2M
Q2 25
$160.9M
$176.1M
Q1 25
$259.3M
$122.2M
Q4 24
$760.9M
$738.4M
Q3 24
$935.6M
$97.2M
Q2 24
$625.8M
$277.3M
Q1 24
$553.2M
Free Cash Flow
BIIB
BIIB
RL
RL
Q4 25
$468.0M
$704.0M
Q3 25
$1.2B
$-40.6M
Q2 25
$134.3M
$-11.2M
Q1 25
$222.2M
$42.3M
Q4 24
$721.6M
$677.2M
Q3 24
$900.6M
$55.5M
Q2 24
$592.3M
$243.9M
Q1 24
$507.3M
FCF Margin
BIIB
BIIB
RL
RL
Q4 25
20.5%
29.3%
Q3 25
48.4%
-2.0%
Q2 25
5.1%
-0.7%
Q1 25
9.1%
2.5%
Q4 24
29.4%
31.6%
Q3 24
36.5%
3.2%
Q2 24
24.0%
16.1%
Q1 24
22.1%
Capex Intensity
BIIB
BIIB
RL
RL
Q4 25
1.9%
3.1%
Q3 25
1.8%
4.7%
Q2 25
1.0%
10.9%
Q1 25
1.5%
4.7%
Q4 24
1.6%
2.9%
Q3 24
1.4%
2.4%
Q2 24
1.4%
2.2%
Q1 24
2.0%
Cash Conversion
BIIB
BIIB
RL
RL
Q4 25
2.16×
Q3 25
2.73×
0.26×
Q2 25
0.25×
0.80×
Q1 25
1.08×
0.95×
Q4 24
2.85×
2.48×
Q3 24
2.41×
0.66×
Q2 24
1.07×
1.64×
Q1 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RL
RL

Segment breakdown not available.

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