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Bio-Techne TECH Total Operating Expenses

Total Operating Expenses at other companies

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$123.22M-14.9%

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:OperatingExpenses.

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
Operating expenses:
Selling, general and administrative109,338151,269339,242391,881
Research and development23,45524,57970,82173,464
Total operating expenses132,793175,848410,063465,345
Operating income75,49538,708177,614126,115
Other income (expense)(4,270)(434)(7,614)(4,793)
Earnings before income taxes71,22538,274170,000121,322
Income taxes20,17815,68642,75930,244

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bio-Techne's total operating expenses?
Bio-Techne (TECH) reported total operating expenses of $132.79M in Q1 2026.
How has Bio-Techne's total operating expenses changed year-over-year?
Bio-Techne's total operating expenses decreased by 24.5% year-over-year, from $175.85M to $132.79M.
What is the long-term trend for Bio-Techne's total operating expenses?
Over 3 years (2022 to 2025), Bio-Techne's total operating expenses has grown at a 14.4% compound annual growth rate (CAGR), from $459.91M to $688.02M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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