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R&D at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
$336M-1.8%
Danaher logo
DanaherDHR
$387M+2.1%
Bruker logo
BrukerBRKR
$101.3M+4.3%
Revvity logo
RevvityRVTY
$57.89M+8.0%
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
$62.9M-14.4%
Agilent Technologies logo
Agilent TechnologiesA
$126M+12.5%

Segments

By segment

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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

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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$9.07B-11.8%
Enterprise value$9.15B-13.6%
P/E60.6×+13.6×
P/S7.5×-1.0×

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: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 R&D?
Bio-Techne (TECH) reported R&D of $23.46M in Q1 2026.
How has Bio-Techne's R&D changed year-over-year?
Bio-Techne's R&D decreased by 4.6% year-over-year, from $24.58M to $23.46M.
What is the long-term trend for Bio-Techne's R&D?
Over 3 years (2022 to 2025), Bio-Techne's R&D has grown at a 4.5% compound annual growth rate (CAGR), from $87.14M to $99.5M.
What does R&D mean?
The money spent on creating new products or improving existing technologies.
How do you interpret R&D?
Higher spending signals a commitment to innovation and long-term growth, though it may temporarily reduce current profitability.
How does R&D compare across companies?
High R&D intensity is a hallmark of the life sciences and biotech sector compared to traditional manufacturing.