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Bio-Techne TECH Protein Sciences — Cost of Goods Sold

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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$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:CostOfGoodsAndServicesSold.

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 itemProtein SciencesDiagnostics and Spatial BiologyTotal
Intersegment(325)
Consolidated net sales$311,415
Segment operating income
Cost of sales53,79438,649
Selling, general and administrative57,90927,616
Research and development14,4529,002
Segment operating income$$99,999$10,319110,318
Unallocated amounts

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bio-Techne's protein sciences — cost of goods sold?
Bio-Techne (TECH) reported protein sciences — cost of goods sold of $53.79M in Q1 2026.
How has Bio-Techne's protein sciences — cost of goods sold changed year-over-year?
Bio-Techne's protein sciences — cost of goods sold increased by 1.1% year-over-year, from $53.19M to $53.79M.
What is the long-term trend for Bio-Techne's protein sciences — cost of goods sold?
Over 2 years (2023 to 2025), Bio-Techne's protein sciences — cost of goods sold has grown at a 0.7% compound annual growth rate (CAGR), from $209.33M to $212.23M.
What does protein sciences — cost of goods sold mean?
This includes the direct costs attributable to the production of reagents and the manufacturing of analytical instruments within the Protein Sciences segment. It encompasses raw materials, direct labor, and manufacturing overheads required to bring products to a saleable condition. Monitoring this helps evaluate the segment's production efficiency and gross margin potential.

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