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Mar 31

Bio-Techne Q3 2025 Earnings Report

Bio-Techne reported increased revenue and adjusted EPS in Q3 2025, driven by strong performance in Protein Sciences and improved end-market conditions.

Key Takeaways

Bio-Techne delivered solid Q3 2025 results with 6% organic revenue growth and strong performance in its Protein Sciences segment. Adjusted EPS rose to $0.56, and the company achieved a 34.9% adjusted operating margin, supported by improved profitability and operational leverage.

Q3 2025 revenue reached $316,181,000, up 6% organically year-over-year.

Adjusted EPS increased to $0.56 from $0.48 a year ago.

Protein Sciences segment led growth with 7% organic increase and $227,687,000 in revenue.

GAAP net income dropped to $22,588,000 from $49,059,000, partly due to a one-time arbitration award.

Total Revenue
$316M
Previous year: $303M
+4.2%
EPS
$0.56
Previous year: $0.48
+16.7%
Organic sales growth
6%
Adj. operating margin
34.9%
GAAP operating margin
12.2%
Previous year: 22.1%
-44.8%
Gross Profit
$215M
Previous year: $205M
+4.5%
Cash and Equivalents
$141M
Previous year: $140M
+0.5%
Total Assets
$2.64B
Previous year: $2.72B
-2.8%

Bio-Techne

Bio-Techne

Bio-Techne Revenue by Segment

Forward Guidance

Bio-Techne is optimistic about its future performance, citing strong geographic and end-market positioning, though macroeconomic conditions remain a potential challenge.

Positive Outlook

  • Improved pharma end market conditions, particularly with large pharma partners.
  • Strong performance in cell therapy and protein analysis instrumentation.
  • Ongoing profitability initiatives supporting margins.
  • Experienced leadership navigating current environment effectively.
  • Robust product portfolio enabling scientific discovery and diagnostics.

Challenges Ahead

  • GAAP operating margin declined due to one-time arbitration costs.
  • Macroeconomic environment remains dynamic and uncertain.
  • Foreign currency exchange had a negative impact on revenue.
  • Diagnostics and Spatial Biology segment showed slower growth.
  • Business held-for-sale adjustments reduced reported income.

Revenue & Expenses

Visualization of income flow from segment revenue to net income