What is Bio-Techne's research and development expense?

Bio-Techne (TECH) reported research and development expense of $23.46M in Q1 2026.

How has Bio-Techne's research and development expense changed year-over-year?

Bio-Techne's research and development expense decreased by 4.6% year-over-year, from $24.58M to $23.46M.

What is the long-term trend for Bio-Techne's research and development expense?

Over 3 years (2022 to 2025), Bio-Techne's research and development expense has grown at a 4.5% compound annual growth rate (CAGR), from $87.14M to $99.5M.

Bio-Techne TECH Research and development expense

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Segments

By segment

See full

Protein Sciences$14.45M-2.2%

Diagnostics And Spatial Biology$9M-11.7%

Other financials

Income statement

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Revenue$311.4M-1.5%

Gross profit$208.3M-2.9%

Operating income$75.5M+95.0%

Net income$51.0M+126%

EPS (diluted)$0.32+129%

Balance sheet

See full

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

See full

Operating cash flow$86.7M+111%

CapEx$9.1M-10.2%

Free cash flow$77.6M+150%

Valuation

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Market cap$9.07B-11.8%

Enterprise value$9.15B-13.6%

P/E60.6×+13.6×

P/S7.5×-1.0×

Profitability

See full

Gross margin65%-0.8pp

Operating margin14.2%-7.9pp

Net margin10.9%-6.7pp

FCF margin22.3%+4.0pp

Returns & leverage

See full

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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: Bio-Techne’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bio-Techne's research and development expense?: Bio-Techne (TECH) reported research and development expense of $23.46M in Q1 2026.
How has Bio-Techne's research and development expense changed year-over-year?: Bio-Techne's research and development expense decreased by 4.6% year-over-year, from $24.58M to $23.46M.
What is the long-term trend for Bio-Techne's research and development expense?: Over 3 years (2022 to 2025), Bio-Techne's research and development expense has grown at a 4.5% compound annual growth rate (CAGR), from $87.14M to $99.5M.