Bio-Techne income statement
In fiscal 2026, Bio-Techne reported revenue of $1.22bn, down 0.4% on the year before, operating income of $252m (a 20.7% margin) and net income of $182m, or $1.16 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 269 | 290 | 315 | 311 | 358 | 452 | 499 | 563 | 643 | 714 | 739 | 931 | 1,106 | 1,137 | 1,159 | 1,220 | 1,215 |
| Cost of revenue | 55 | 65 | 79 | 79 | 106 | 145 | 162 | 188 | 211 | 241 | 255 | 298 | 349 | 367 | 389 | 429 | 416 |
| Gross profit | 214 | 225 | 236 | 231 | 251 | 307 | 337 | 375 | 432 | 473 | 483 | 633 | 756 | 770 | 770 | 790 | 799 |
| Research and development | 25 | 26 | 28 | 29 | 31 | 41 | 45 | 54 | 55 | 62 | 65 | 71 | 87 | 92 | 97 | 99 | 95 |
| Selling, general and administrative | 33 | 36 | 42 | 43 | 61 | 119 | 141 | 200 | 241 | 264 | 261 | 325 | 373 | 378 | 466 | 589 | 452 |
| Operating income | 156 | 163 | 166 | 0 | 160 | 147 | 151 | 121 | 136 | 147 | 157 | 237 | 297 | 299 | 207 | 102 | 252 |
| Interest expense | — | — | — | 0 | 0 | 2 | 2 | 7 | 10 | 22 | 19 | 14 | 11 | 11 | 16 | 9 | 10 |
| Income before tax | 156 | 165 | 162 | 161 | 161 | 154 | 147 | 112 | 126 | 112 | 276 | 148 | 301 | 339 | 186 | 98 | 241 |
| Income tax | 47 | 53 | 50 | 48 | 50 | 46 | 43 | 36 | −0 | 16 | 47 | 9 | 38 | 53 | 18 | 25 | 59 |
| Net income | 110 | 112 | 112 | 113 | 111 | 108 | 104 | 76 | 126 | 96 | 229 | 140 | 272 | 285 | 168 | 73 | 182 |
| Diluted EPS | $0.73 | $0.76 | $0.76 | $0.76 | $0.75 | $0.72 | $0.70 | $0.51 | $0.83 | $0.62 | $1.46 | $0.87 | $1.66 | $1.76 | $1.05 | $0.46 | $1.16 |
| Diluted shares (average) | 149m | 149m | 148m | 148m | 148m | 149m | 149m | 150m | 152m | 156m | 158m | 162m | 164m | 162m | 161m | 160m | 157m |
| EBITDA | 164 | 172 | 179 | 12 | 179 | 184 | 193 | 181 | 201 | 225 | 240 | 325 | 398 | 406 | 318 | 212 | 349 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 289 | 297 | 316 | 317 | 287 | 296 | 311 | 321 |
| Cost of revenue | 106 | 103 | 102 | 118 | 98 | 105 | 103 | 110 |
| Gross profit | 183 | 194 | 215 | 199 | 188 | 191 | 208 | 211 |
| Research and development | 24 | 25 | 25 | 26 | 24 | 23 | 23 | 24 |
| Selling, general and administrative | 119 | 121 | 151 | 197 | 116 | 114 | 109 | 113 |
| Operating income | 40 | 47 | 39 | −24 | 48 | 54 | 75 | 74 |
| Interest expense | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| Income before tax | 40 | 43 | 38 | −23 | 48 | 51 | 71 | 71 |
| Income tax | 7 | 8 | 16 | −5 | 10 | 13 | 20 | 16 |
| Net income | 34 | 35 | 23 | −18 | 38 | 38 | 51 | 55 |
| Diluted EPS | $0.21 | $0.22 | $0.14 | −$0.11 | $0.24 | $0.24 | $0.32 | $0.35 |
| EBITDA | 68 | 75 | 66 | 3 | 72 | 79 | 100 | 98 |
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