Bio-Rad Laboratories, Inc. (BIO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 592.1M | 693.2M | 653M | 651.6M | 585.4M | 667.48M | 649.73M | 638.48M | 610.82M | 681.18M | 632.12M | 681.11M | 676.84M | 730.29M | 680.8M | 691.1M | 700.06M | 732.77M | 747.05M | 715.93M |
| Revenue Growth % | 1.14% | 3.85% | 0.5% | 2.06% | -4.16% | -2.01% | 2.79% | -6.26% | -9.75% | -6.72% | -7.15% | -1.45% | -3.32% | -0.34% | -8.87% | -3.47% | -3.68% | -7.23% | 15.42% | 33.35% |
| Cost of Goods Sold | 282.7M | 348M | 309.6M | 306.3M | 279.4M | 325.56M | 293.83M | 282.76M | 284.35M | 315.28M | 296.44M | 318.63M | 314.43M | 333.19M | 307.01M | 295.12M | 297.43M | 331.77M | 309.61M | 314.33M |
| COGS % of Revenue | 47.75% | 50.2% | 47.41% | 47.01% | 47.73% | 48.78% | 45.22% | 44.29% | 46.55% | 46.28% | 46.9% | 46.78% | 46.45% | 45.62% | 45.1% | 42.7% | 42.49% | 45.28% | 41.44% | 43.91% |
| Gross Profit | 309.4M | 345.2M | 343.4M | 345.3M | 306M | 341.91M | 355.9M | 355.12M | 326.47M | 365.9M | 335.68M | 362.48M | 362.42M | 397.1M | 373.79M | 395.98M | 402.63M | 401M | 437.44M | 401.6M |
| Gross Margin % | 52.25% | 49.8% | 52.59% | 52.99% | 52.27% | 51.22% | 54.78% | 55.62% | 53.45% | 53.72% | 53.1% | 53.22% | 53.55% | 54.38% | 54.9% | 57.3% | 57.51% | 54.72% | 58.56% | 56.09% |
| Gross Profit Growth % | 1.11% | 0.96% | -3.51% | -2.77% | -6.27% | -6.56% | 6.02% | -2.03% | -9.92% | -7.86% | -10.2% | -8.46% | -9.99% | -0.97% | -14.55% | -1.4% | 0.5% | -12.86% | 19.09% | 37.07% |
| Operating Expenses | 275.3M | 282.3M | 278.1M | 268.2M | 282.3M | 283.58M | 291.44M | 253.62M | 274.46M | 268.11M | 244.73M | 272.87M | 300.5M | 278.43M | 281M | 275.76M | 256.23M | 294.02M | 280.63M | 276.82M |
| OpEx % of Revenue | 46.5% | 40.72% | 42.59% | 41.16% | 48.22% | 42.49% | 44.86% | 39.72% | 44.93% | 39.36% | 38.72% | 40.06% | 44.4% | 38.13% | 41.27% | 39.9% | 36.6% | 40.12% | 37.57% | 38.67% |
| Selling, General & Admin | 212.4M | 216.6M | 206.8M | 207.7M | 208.8M | 204M | 200.44M | 196.12M | 210.48M | 205.9M | 201.2M | 207.82M | 225.55M | 212.23M | 211.05M | 208.73M | 196.69M | 224.15M | 216.15M | 213.43M |
| SG&A % of Revenue | 35.87% | 31.25% | 31.67% | 31.88% | 35.67% | 30.56% | 30.85% | 30.72% | 34.46% | 30.23% | 31.83% | 30.51% | 33.32% | 29.06% | 31% | 30.2% | 28.1% | 30.59% | 28.93% | 29.81% |
| Research & Development | 62.9M | 65.7M | 71.3M | 60.5M | 73.5M | 79.62M | 91M | 59.3M | 63.98M | 62.21M | 43.53M | 65.04M | 74.95M | 66.2M | 69.95M | 67.03M | 59.53M | 69.87M | 64.48M | 63.39M |
| R&D % of Revenue | 10.62% | 9.48% | 10.92% | 9.28% | 12.56% | 11.93% | 14.01% | 9.29% | 10.47% | 9.13% | 6.89% | 9.55% | 11.07% | 9.06% | 10.27% | 9.7% | 8.5% | 9.54% | 8.63% | 8.85% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | -42K | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -579K | -96K |
| Operating Income | 34.1M | 61.9M | 66.4M | 77.1M | 23.7M | 58.33M | 64.47M | 101.5M | 52.01M | 97.79M | 90.95M | 89.62M | 61.91M | 118.67M | 92.8M | 120.22M | 146.41M | 106.98M | 156.8M | 124.78M |
| Operating Margin % | 5.76% | 8.93% | 10.17% | 11.83% | 4.05% | 8.74% | 9.92% | 15.9% | 8.51% | 14.36% | 14.39% | 13.16% | 9.15% | 16.25% | 13.63% | 17.39% | 20.91% | 14.6% | 20.99% | 17.43% |
| Operating Income Growth % | 43.88% | 6.12% | 3% | -24.04% | -54.43% | -40.35% | -29.12% | 13.26% | -16% | -17.59% | -1.99% | -25.45% | -57.71% | 10.93% | -40.82% | -3.66% | 45.16% | -38.95% | 43.07% | 141.16% |
| EBITDA | -677.5M | 114.3M | 120.6M | 127.7M | 61.8M | 107.63M | 113.57M | 148.1M | 99.81M | 150.79M | 139.05M | 147.22M | 107.51M | 168.74M | 127.1M | 162.82M | 179.81M | 140.68M | 200.2M | 168.28M |
| EBITDA Margin % | -114.42% | 16.49% | 18.47% | 19.6% | 10.56% | 16.12% | 17.48% | 23.2% | 16.34% | 22.14% | 22% | 21.61% | 15.88% | 23.11% | 18.67% | 23.56% | 25.68% | 19.2% | 26.8% | 23.51% |
| EBITDA Growth % | -1196.28% | 6.2% | 6.19% | -13.77% | -38.08% | -28.62% | -18.33% | 0.6% | -7.17% | -10.64% | 9.4% | -9.58% | -40.21% | 19.94% | -36.52% | -3.25% | 25.42% | -33.46% | 39.81% | 94.68% |
| D&A (Non-Cash Add-back) | 0 | 52.4M | 54.2M | 50.6M | 38.1M | 49.3M | 49.1M | 46.6M | 47.8M | 53M | 48.1M | 57.6M | 45.6M | 50.07M | 34.3M | 42.6M | 33.4M | 33.7M | 43.4M | 43.5M |
| EBIT | -677.5M | 61.9M | 66.4M | 426.6M | 95.4M | -896.7M | 873.79M | -2.77B | 503.36M | 440.75M | 149.5M | -1.49B | 97.17M | 1.1B | -195.66M | -1.21B | -4.36B | -2.04B | 5.02B | 1.16B |
| Net Interest Income | -12.3M | 18.9M | 1.4M | 2.1M | 24.2M | 3.71M | 3.33M | 4.34M | 21.72M | 4.44M | 4.9M | 4.16M | 37.96M | 617K | -3.66M | -5.22M | 28.15M | -164K | -726K | 337K |
| Interest Income | 0 | 31M | 13.7M | 14.7M | 36.2M | 15.9M | 15.5M | 16.6M | 34M | 16.8M | 17.3M | 16.5M | 50.3M | 12.3M | 8M | 5.5M | 32.2M | 200K | -300K | 700K |
| Interest Expense | 12.3M | 12.1M | 12.3M | 12.6M | 12M | 12.19M | 12.17M | 12.26M | 12.28M | 12.36M | 12.4M | 12.34M | 12.34M | 11.68M | 11.66M | 10.72M | 4.05M | 364K | 426K | 363K |
| Other Income/Expense | -723.9M | 867.3M | -497.5M | 336.9M | 59.7M | -967.23M | 797.15M | -2.89B | 439.07M | 330.6M | 46.15M | -1.59B | 22.92M | 972.61M | -301.96M | -1.34B | -4.51B | -2.15B | 4.87B | 1.03B |
| Pretax Income | -689.8M | 929.2M | -431.1M | 414M | 83.4M | -908.9M | 861.62M | -2.79B | 491.08M | 428.39M | 137.1M | -1.5B | 84.83M | 1.09B | -209.17M | -1.22B | -4.37B | -2.04B | 5.02B | 1.16B |
| Pretax Margin % | -116.5% | 134.04% | -66.02% | 63.54% | 14.25% | -136.17% | 132.61% | -436.4% | 80.4% | 62.89% | 21.69% | -220.29% | 12.53% | 149.43% | -30.72% | -176.95% | -623.95% | -278.13% | 672.28% | 161.58% |
| Income Tax | -162.7M | 209.2M | -89.2M | 96.2M | 19.4M | -193.1M | 208.45M | -620.79M | 107.16M | 78.68M | 30.84M | -338.18M | 15.87M | 263.55M | -44.94M | -295.7M | -1B | -464.4M | 1.09B | 242.66M |
| Effective Tax Rate % | 23.59% | 22.51% | 20.69% | 23.24% | 23.26% | 21.25% | 24.19% | 22.28% | 21.82% | 18.37% | 22.5% | 22.54% | 18.7% | 24.15% | 21.48% | 24.18% | 22.91% | 22.79% | 21.79% | 20.98% |
| Net Income | -527.1M | 720M | -341.9M | 317.8M | 64M | -715.8M | 653.17M | -2.17B | 383.92M | 349.71M | 106.26M | -1.16B | 68.96M | 833.49M | -164.23M | -927.18M | -3.37B | -1.57B | 3.93B | 914.11M |
| Net Margin % | -89.02% | 103.87% | -52.36% | 48.77% | 10.93% | -107.24% | 100.53% | -339.16% | 62.85% | 51.34% | 16.81% | -170.64% | 10.19% | 114.13% | -24.12% | -134.16% | -481.01% | -214.76% | 525.81% | 127.68% |
| Net Income Growth % | -923.59% | 200.59% | -152.34% | 114.68% | -83.33% | -304.69% | 514.71% | -86.32% | 456.71% | -58.04% | 164.7% | -25.35% | 102.05% | 152.97% | -104.18% | -201.43% | -444.52% | -287.54% | 198.75% | -5.41% |
| Net Income (Continuing) | -527.1M | 720M | -341.9M | 317.8M | 64M | -715.8M | 653.17M | -2.17B | 383.92M | 349.71M | 106.26M | -1.16B | 68.96M | 827.73M | -164.23M | -927.18M | -3.37B | -1.57B | 3.93B | 914.11M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -19.55 | 26.65 | -12.70 | 11.67 | 2.29 | -25.57 | 23.34 | -76.26 | 13.45 | 12.14 | 3.64 | -39.59 | 2.32 | 27.78 | -5.52 | -31.12 | -112.57 | -52.59 | 129.96 | 30.32 |
| EPS Growth % | -953.71% | 204.22% | -154.41% | 115.3% | -82.97% | -310.63% | 541.21% | -92.62% | 479.74% | -56.3% | 165.94% | -27.22% | 102.06% | 152.82% | -104.25% | -202.64% | -447.65% | -289.1% | 197.8% | -5.69% |
| EPS (Basic) | -19.55 | 26.69 | -12.70 | 11.67 | 2.29 | -25.57 | 23.37 | -76.26 | 13.46 | 12.15 | 3.65 | -39.59 | 2.33 | 27.89 | -5.53 | -31.12 | -112.58 | -52.59 | 131.75 | 30.71 |
| Diluted Shares Outstanding | 26.96M | 27.01M | 26.92M | 27.23M | 27.95M | 28M | 27.98M | 28.39M | 28.54M | 28.82M | 29.22M | 29.36M | 29.75M | 29.79M | 29.73M | 29.79M | 29.93M | 29.92M | 30.22M | 30.15M |
| Basic Shares Outstanding | 26.96M | 26.98M | 26.92M | 27.23M | 27.94M | 28M | 27.95M | 28.39M | 28.52M | 28.79M | 29.1M | 29.36M | 29.6M | 29.68M | 29.71M | 29.79M | 29.93M | 29.92M | 29.81M | 29.76M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |