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Income Statement

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Biogen Inc., Consolidated Income Statement

USD $ in thousands

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Source: Biogen Inc., Annual Reports
Item Description The company
Revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Biogen Inc.'s revenues increased from 2015 to 2016 and from 2016 to 2017.
Income from operations The net result for the period of deducting operating expenses from operating revenues. Biogen Inc.'s income from operations increased from 2015 to 2016 and from 2016 to 2017.
Income before income tax expense and equity in loss of investee, net of tax Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Biogen Inc.'s income before income tax expense and equity in loss of investee, net of tax increased from 2015 to 2016 and from 2016 to 2017.
Net income The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Biogen Inc.'s net income increased from 2015 to 2016 but then declined significantly from 2016 to 2017.
Net income attributable to Biogen Inc. The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Biogen Inc.'s net income attributable to Biogen Inc. increased from 2015 to 2016 but then declined significantly from 2016 to 2017.