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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$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:CostOfGoodsAndServicesSold.

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 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?
The direct costs incurred to manufacture and deliver the products sold by the Protein Sciences segment.
How do you interpret protein sciences — cost of goods sold?
A lower ratio of cost to revenue indicates improved manufacturing efficiency or favorable product mix.
How does protein sciences — cost of goods sold compare across companies?
Standard 'Cost of Sales' or 'COGS' reported by peers in the life sciences and diagnostics industry.