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Bio-Techne TECH Protein Sciences — Goodwill

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Diagnostics And Spatial Biology
$553.62M+1.1%

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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:Goodwill.

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
June 30, 2025$426,776$554,159$980,935
Currency translation(2,593)(542)(3,135)
March 31, 2026$424,183$553,617$977,800

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bio-Techne's protein sciences — goodwill?
Bio-Techne (TECH) reported protein sciences — goodwill of $424.18M in Q1 2026.
How has Bio-Techne's protein sciences — goodwill changed year-over-year?
Bio-Techne's protein sciences — goodwill increased by 0.7% year-over-year, from $421.12M to $424.18M.
What is the long-term trend for Bio-Techne's protein sciences — goodwill?
Over 3 years (2022 to 2025), Bio-Techne's protein sciences — goodwill has grown at a 3.4% compound annual growth rate (CAGR), from $1.53B to $1.69B.
What does protein sciences — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the Protein Sciences segment. It reflects the value of intangible assets such as brand reputation, customer relationships, and proprietary technology that cannot be separately identified. This balance is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.

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