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Bruker BRKR Biospin — Goodwill Impairment

Other segment segments

Bsi Biospin
$98.4M
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$36.5M+170%

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Other financials

Income statement

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Revenue$838.5M+5.2%
Gross profit$416.0M+16.2%
Operating income-$65.3M-649%
Net income-$52.0M-784%
EPS (diluted)-$0.41-920%

Balance sheet

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Cash & equivalents$189.1M+96.6%
Total debt$1.8B-25.1%
Total equity$2.4B+31.9%
Total assets$6.1B-4.5%

Cash flow

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Operating cash flow-$77.4M+39.3%
CapEx$28.8M+35.2%
Free cash flow-$106.2M+28.6%

Valuation

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Market cap$7.99B+71.7%
Enterprise value$9.62B+37.7%
P/S2.3×+0.9×

Profitability

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Gross margin46.4%-1.8pp
Operating margin-0.9%-6.2pp
Net margin-0.6%-10.0pp
FCF margin2.7%+1.3pp

Returns & leverage

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Return on equity-1%-21.2pp
Debt / equity0.8×-0.6×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Bruker in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Bruker’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:04 PM EST
Fiscal year
FY2025
Accession
0001193125-26-082523
Line itemBSI Bio SpinBSI CALIDBSI NANOBESTTotal
Current period additions141.3536.0281.0958.3
Foreign currency impact(6.6)(21.5)(5.5)(33.6)
Balance at December 31, 2024221.2716.0569.80.31,507.3
Current period additions49.049.0
Current period impairment charges(42.5)(54.0)(96.5)
Current period adjustments(1.5)(0.3)(1.8)
Foreign currency impact24.055.410.389.7
Balance at December 31, 2025$202.7$818.9$525.8$0.3$1,547.7

ITEM 8 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Bruker's biospin — goodwill impairment?
Bruker (BRKR) reported biospin — goodwill impairment of $10.63M in Q4 2025.
What does biospin — goodwill impairment mean?
A non-cash charge recognized when the carrying amount of goodwill within the BioSpin segment exceeds its implied fair value. This indicates that the expected future economic benefits from past acquisitions have diminished.

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