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Bio-Techne TECH Operating Income

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Segments

By segment

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Protein Sciences$100M-3.8%
Diagnostics And Spatial Biology$10.32M+22.5%

Other financials

Income statement

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Revenue$311.4M-1.5%
Gross profit$208.3M-2.9%
Net income$51.0M+126%
EPS (diluted)$0.32+129%

Balance sheet

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Cash & equivalents$209.8M+49.2%
Total debt$290.3M-31.4%
Total equity$2.1B+3.3%
Total assets$2.6B-3.5%

Cash flow

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Operating cash flow$86.7M+111%
CapEx$9.1M-10.2%
Free cash flow$77.6M+150%

Valuation

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Market cap$11.22B+43.5%
Enterprise value$11.3B+39.5%
P/E74.9×+16.9×
P/S9.3×+2.9×

Profitability

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Gross margin65%-0.8pp
Operating margin14.2%-7.9pp
Net margin10.9%-6.7pp
FCF margin22.3%+4.0pp

Returns & leverage

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Return on equity6.5%-3.9pp
Debt / equity0.1×-0.1×
Current ratio4.5×+0.8×

Where this comes from

Reported directly by Bio-Techne in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Bio-Techne’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:31 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-056302
Line itemQuarter Ended / March 31, 2026Quarter Ended / March 31, 2025Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Selling, general and administrative109,338151,269339,242391,881
Research and development23,45524,57970,82173,464
Total operating expenses132,793175,848410,063465,345
Operating income75,49538,708177,614126,115
Other income (expense)(4,270)(434)(7,614)(4,793)
Earnings before income taxes71,22538,274170,000121,322
Income taxes20,17815,68642,75930,244
Net earnings$51,047$22,588$127,241$91,078

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bio-Techne's operating income?
Bio-Techne (TECH) reported operating income of $75.5M in Q1 2026.
How has Bio-Techne's operating income changed year-over-year?
Bio-Techne's operating income increased by 95.0% year-over-year, from $38.71M to $75.5M.
What is the long-term trend for Bio-Techne's operating income?
Over 2 years (2022 to 2024), Bio-Techne's operating income has grown at a -16.5% compound annual growth rate (CAGR), from $296.59M to $206.69M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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