Bio-Techne (TECH)

Nasdaq Market Open

Bio-Techne Corp. is a life sciences tools and diagnostics company that supplies researchers, drug developers, clinical laboratories, and diagnostic manufacturers with specialised reagents, instruments, and testing technologies. Based in Minnesota, the company serves markets that depend on high-quality biological materials and analytical systems, including pharmaceutical research, biotechnology development, academic science, translational medicine, and clinical diagnostics.

The company operates through two main business areas: Protein Sciences and Diagnostics and Genomics. Protein Sciences is the larger segment and includes reagents, antibodies, proteins, immunoassays, cell analysis tools, and instruments used to study biological pathways and disease mechanisms. These products are important in basic research as well as in drug discovery and development, where scientists need reliable tools to measure proteins, biomarkers, and cellular activity.

Diagnostics and Genomics includes diagnostic reagents, molecular diagnostic products, controls, spatial biology tools, and technologies used in genetic and tissue-based analysis. This part of the business gives Bio-Techne exposure to clinical testing, precision medicine, and advanced research methods that examine gene and protein expression in biological samples.

Bio-Techne sells into a global customer base, with the United States representing its largest market and meaningful contributions from Europe, the Middle East, Africa, the United Kingdom, and Asia-Pacific. Its products are often embedded in customer workflows, which can support recurring demand for consumables alongside instrument placements.

The company is distinctive for combining research-use-only tools with diagnostics-related capabilities. Its performance is linked to life sciences research funding, biopharma activity, diagnostic testing trends, and demand for technologies that support more detailed analysis of disease biology.

52.31 USD
+1.47 (+2.89%)

Last updated

Market Cap
7.96B
P/E
72.67
P/FCF
29.53
P/S
6.58
Enterprise Value
7.95B
Sector
Health Care
Industry
Biological Products, Except Diagnostic Substances
Address
614 MCKINLEY PL N E, MINNEAPOLIS, MN, 55413
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Market Cap
7.96B
Enterprise Value
7.95B
P/E
72.67
P/B
3.82
P/S
6.58
EV / EBITDA
31.3
EV / Sales
6.57
EPS
0.7
Dividend Yield
0.63%
P/FCF
29.53
P/CF
27
Free Cash Flow
269.6M
ROE
5.25%
ROA
4.3%
Debt / Equity
0.1
Current Ratio
4.49
Quick Ratio
3.18
Cash
1.37
Avg Volume
3.05M
Fundamentals Snapshot Price
50.85

Income Statement

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Revenue 311.42M 295.88M 286.56M 316.96M 316.18M
Gross profit 208.29M 191.28M 188.11M 198.81M 214.56M
Operating income 75.5M 54.46M 47.66M -23.86M 38.71M
EBITDA 99.66M 79.17M 72M 3.25M 66.28M
Net income 51.05M 38.01M 38.19M -17.68M 22.59M
Basic EPS 0.33 0.24 0.25 -0.11 0.14
Diluted EPS 0.32 0.24 0.24 -0.11 0.14

Balance Sheet

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Total assets 2.55B 2.52B 2.53B 2.56B 2.64B
Total liabilities 465.3M 511.71M 560.33M 639.06M 626.23M
Total equity 2.09B 2.01B 1.97B 1.92B 2.02B
Cash & equivalents 209.82M 172.88M 144.96M 162.19M 140.67M
Current assets 688.05M 637.43M 609.51M 608.3M 627.24M
Current liabilities 153.28M 140.43M 144.55M 175.85M 169.2M

Cash Flow

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Operating cash flow 86.66M 82.41M 27.59M 98.2M 41.12M
Investing cash flow -5.82M -5.92M 605K 406K -8.87M
Financing cash flow -42.72M -48.99M -44.2M -90.45M -68.05M
Change in cash 36.94M 27.92M -17.22M 21.52M -36.88M
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