What is Azenta's R&D?

Azenta (AZTA) reported R&D of $9.43M in Q1 2026.

How has Azenta's R&D changed year-over-year?

Azenta's R&D increased by 24.1% year-over-year, from $7.6M to $9.43M.

What is the long-term trend for Azenta's R&D?

Over 2 years (2021 to 2023), Azenta's R&D has grown at a 23.1% compound annual growth rate (CAGR), from $22.41M to $33.96M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Azenta AZTA R&D

R&D at other companies

Thermo Fisher ScientificTMO

$336M-1.8%

DanaherDHR

$387M+2.1%

IlluminaILMN

$240M-4.8%

CryoPort, Inc.CYRX

$3.91M-0.7%

Twist Bioscience CorporationTWST

$19.7M-17.7%

BioLife SolutionsBLFS

$2.65M+84.2%

Other financials

Income statement

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Revenue$144.8M+1.0%

Gross profit$62.0M-1.2%

Operating income-$165.8M-811%

Net income-$160.8M-237%

EPS (diluted)-$3.49-236%

Balance sheet

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Cash & equivalents$125.2M—

Total debt$55.7M—

Total equity$1.6B-8.3%

Total assets$1.9B—

Cash flow

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Operating cash flow$13.5M-6.2%

CapEx$7.4M-0.1%

Free cash flow$6.1M-12.7%

Valuation

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Market cap$1.1B-16.3%

Enterprise value$1.03B—

P/S1.8×-0.2×

Profitability

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Gross margin40%-1.0pp

Operating margin-31.6%-59.7pp

Net margin-29.1%-80.7pp

FCF margin8.6%—

Returns & leverage

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Return on equity-10.7%-22.4pp

Debt / equity0×—

Current ratio2.8×—

Where this comes from

Reported directly by Azenta in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Azenta’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Azenta's R&D?: Azenta (AZTA) reported R&D of $9.43M in Q1 2026.
How has Azenta's R&D changed year-over-year?: Azenta's R&D increased by 24.1% year-over-year, from $7.6M to $9.43M.
What is the long-term trend for Azenta's R&D?: Over 2 years (2021 to 2023), Azenta's R&D has grown at a 23.1% compound annual growth rate (CAGR), from $22.41M to $33.96M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.