TECH
Bio-Techne Corp
NASDAQ: TECH · HEALTHCARE · BIOTECHNOLOGY
$51.95
-2.92% today
Updated 2026-04-29
Market cap
$8.13B
P/E ratio
98.02
P/S ratio
6.69x
EPS (TTM)
$0.53
Dividend yield
0.60%
52W range
$46 – $72
Volume
2.2M
Bio-Techne Corp (TECH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $202.62M | $223.48M | $257.42M | $263.96M | $269.05M | $289.96M | $314.56M | $310.57M | $357.76M | $452.25M | $499.02M | $563.00M | $642.99M | $714.01M | $738.69M | $931.03M | $1.11B | $1.14B | $1.16B | $1.22B |
| Revenue growth (YoY) | — | +10.3% | +15.2% | +2.5% | +1.9% | +7.8% | +8.5% | -1.3% | +15.2% | +26.4% | +10.3% | +12.8% | +14.2% | +11.0% | +3.5% | +26.0% | +18.7% | +2.8% | +2.0% | +5.2% |
| Cost of revenue | $45.72M | $46.67M | $52.89M | $55.49M | $54.46M | $65.03M | $78.76M | $79.47M | $106.35M | $144.97M | $162.36M | $188.46M | $210.85M | $240.51M | $255.50M | $298.18M | $349.10M | $366.89M | $389.33M | $429.36M |
| Gross profit | $156.90M | $176.81M | $204.53M | $208.47M | $214.58M | $224.94M | $235.80M | $231.11M | $251.41M | $307.28M | $336.66M | $374.54M | $432.14M | $473.49M | $483.19M | $632.85M | $756.50M | $769.82M | $769.73M | $790.27M |
| Gross margin | 77.4% | 79.1% | 79.5% | 79.0% | 79.8% | 77.6% | 75.0% | 74.4% | 70.3% | 67.9% | 67.5% | 66.5% | 67.2% | 66.3% | 65.4% | 68.0% | 68.4% | 67.7% | 66.4% | 64.8% |
| R&D | $18.82M | $20.08M | $22.39M | $23.56M | $25.12M | $25.98M | $27.91M | $29.26M | $30.95M | $40.85M | $45.19M | $53.51M | $55.33M | $62.41M | $65.19M | $70.60M | $87.14M | $92.49M | $96.66M | $99.50M |
| SG&A | $27.60M | $30.96M | $36.72M | $33.16M | $32.17M | $35.90M | $41.68M | $43.38M | $60.72M | $119.40M | $140.88M | $153.33M | $240.64M | $236.87M | $240.88M | $289.92M | $339.00M | $352.44M | $393.32M | $415.10M |
| Operating income | $108.50M | $124.15M | $144.29M | $150.78M | $156.33M | $163.06M | $166.21M | $158.47M | $159.75M | $147.02M | $150.59M | $121.78M | $136.18M | $125.58M | $157.42M | $237.30M | $296.59M | $298.94M | $206.69M | $102.25M |
| Operating margin | 53.6% | 55.6% | 56.1% | 57.1% | 58.1% | 56.2% | 52.8% | 51.0% | 44.7% | 32.5% | 30.2% | 21.6% | 21.2% | 17.6% | 21.3% | 25.5% | 26.8% | 26.3% | 17.8% | 8.4% |
| EBITDA | $115.46M | $137.01M | $151.55M | $158.55M | $164.58M | $173.68M | $174.66M | $172.98M | $178.93M | $184.25M | $193.36M | $181.82M | $200.64M | $211.89M | $378.41M | $249.87M | $413.76M | $457.11M | $313.14M | $216.88M |
| EBITDA margin | 57.0% | 61.3% | 58.9% | 60.1% | 61.2% | 59.9% | 55.5% | 55.7% | 50.0% | 40.7% | 38.7% | 32.3% | 31.2% | 29.7% | 51.2% | 26.8% | 37.4% | 40.2% | 27.0% | 17.8% |
| EBIT | $108.50M | $130.01M | $144.29M | $150.78M | $163.62M | $164.98M | $162.19M | $160.66M | $159.75M | $147.02M | $150.59M | $121.78M | $136.18M | $133.72M | $295.67M | $162.13M | $312.69M | $349.87M | $201.43M | $106.97M |
| Interest expense | $0.00 | $1.08M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.54M | $1.75M | $7.36M | $10.19M | $21.70M | $19.20M | $13.95M | $11.31M | $11.21M | $15.74M | $8.51M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $73.35M | $85.11M | $103.56M | $105.24M | $109.78M | $112.30M | $112.33M | $112.56M | $110.95M | $107.73M | $104.48M | $77.29M | $125.35M | $96.07M | $229.30M | $140.41M | $272.05M | $285.26M | $168.10M | $73.40M |
| Net income growth (YoY) | — | +16.0% | +21.7% | +1.6% | +4.3% | +2.3% | +0.0% | +0.2% | -1.4% | -2.9% | -3.0% | -26.0% | +62.2% | -23.4% | +138.7% | -38.8% | +93.8% | +4.9% | -41.1% | -56.3% |
| Profit margin | 36.2% | 38.1% | 40.2% | 39.9% | 40.8% | 38.7% | 35.7% | 36.2% | 31.0% | 23.8% | 20.9% | 13.7% | 19.5% | 13.5% | 31.0% | 15.1% | 24.6% | 25.1% | 14.5% | 6.0% |