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Bio-Techne TECH Royalty — Revenue

Other product segments

Consumables
$257.34M-0.2%
Instruments
$27.66M+5.9%
Service
$21.45M-21.3%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemQuarter Ended / March 31, 2026Quarter Ended / March 31, 2025Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Consumables$257,338$257,785$724,382$719,345
Instruments27,66426,11179,09583,185
Services21,44627,24671,24481,953
Total product and services revenue, net$306,448$311,142$874,721$884,483
Royalty revenues4,9675,03919,12618,188
Total revenues, net$311,415$316,181$893,847$902,671

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bio-Techne's royalty — revenue?
Bio-Techne (TECH) reported royalty — revenue of $4.97M in Q1 2026.
How has Bio-Techne's royalty — revenue changed year-over-year?
Bio-Techne's royalty — revenue decreased by 1.4% year-over-year, from $5.04M to $4.97M.
What is the long-term trend for Bio-Techne's royalty — revenue?
Over 3 years (2022 to 2025), Bio-Techne's royalty — revenue has grown at a 2.5% compound annual growth rate (CAGR), from $21.98M to $23.69M.
What does royalty — revenue mean?
This metric represents the gross revenue generated specifically from royalty-bearing intellectual property licensing agreements, excluding any pass-through taxes. It captures the recurring income stream derived from third-party utilization of the company's proprietary technologies, reagents, or diagnostic methods. This segment serves as a high-margin indicator of the company's ability to monetize its R&D investments through external partnerships.

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