Below are the financial statements of Bio-Techne, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net sales | 1,219.64a | 1,159.06a | 1,136.7a |
| Cost of sales | -429.36a | -389.34a | -366.89a |
| Gross margin | 790.27a | 769.73a | 769.82a |
| Operating expenses | — | — | — |
| Selling, general and administrative | -588.52a | -466.38a | -378.38a |
| Research and development | -99.5a | -96.66a | -92.49a |
| Total operating expenses | -688.02a | -563.04a | -470.87a |
| Operating income | 102.26a | 206.69a | 298.94a |
| Other income (expense) | — | — | — |
| Interest expense | -8.51a | -15.74a | -11.22a |
| Interest income | 3.89a | 3.32a | 3.41a |
| Other non-operating income (expense), net | 0.83a | -8.58a | 47.52a |
| Total other income (expense), net | -3.79a | -21a | 39.72a |
| Earnings before income taxes | 98.46a | 185.69a | 338.66a |
| Income taxes | -25.06a | -17.58a | -53.22a |
| Net earnings | 73.4a | 168.11a | 285.44a |
| Net earnings attributable to noncontrolling interest | 0a | 0a | 0.18a |
| Net earnings attributable to Bio-Techne | 73.4a | 168.11a | 285.26a |
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