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R&D at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
$364M
Danaher logo
DanaherDHR
$412M+2.2%
TEC
Bio-TechneTECH
$23.46M-4.6%
WAT
Waters CorporationWAT
$122M+151%
Agilent Technologies logo
Agilent TechnologiesA
$126M+12.5%
908 Devices logo
908 DevicesMASS
$3.47M-9.3%

Segments

By segment

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Bsi Nano$39.2M-11.7%
Bsi Calid$32.6M+8.7%
Bsi Biospin$21.5M-7.3%
Energy And Supercon Technologies$1M-9.1%

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:ResearchAndDevelopmentExpense.

The source filing: Bruker’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335226
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross profit416.0357.9795.8749.1
Operating expenses:
Selling, general and administrative238.9231.4481.0456.8
Research and development94.3100.2195.6197.3
Goodwill impairment charge134.9134.9
Other charges, net13.214.439.451.3
Total operating expenses481.3346.0850.9705.4
Operating (loss) income(65.3)11.9(55.1)43.7

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Bruker's R&D?
Bruker (BRKR) reported R&D of $94.3M in Q2 2026.
How has Bruker's R&D changed year-over-year?
Bruker's R&D decreased by 5.9% year-over-year, from $100.2M to $94.3M.
What is the long-term trend for Bruker's R&D?
Over 4 years (2021 to 2025), Bruker's R&D has grown at a 15.7% compound annual growth rate (CAGR), from $220.8M to $395.2M.
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.

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