TECH on Nasdaq

Bio-Techne

American life sciences company

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.3 From Wikipedia, CC BY-SA 4.0

$72.53 up 0.03 (0.03%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 16, 2026.

Overview

$1.2BRevenue, fiscal 20265
$181.9MNet income, fiscal 20265
1976Founded1

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  • TickerTECH on Nasdaq1
  • Industrybiotechnology1
  • HeadquartersMinneapolis1
  • Websitewww.bio-techne.com
  • Incorporated inMN6
  • Business address614 Mckinley Place Ne, Minneapolis, Mn6
  • Filer categoryLarge accelerated filer6

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

65.8%Gross margin5
20.7%Operating margin5
15.0%Net margin5
-0.4%Revenue growth, 20265
8.6%Return on equity5
$263.2MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue34¢$416.0M
  • Selling, general and admin37¢$452.4M
  • Other costs9¢$106.0M
  • Income tax5¢$58.8M
  • Profit15¢$181.9M

Out of $1.2B in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending10¢$28.9M
  • Dividends paid17¢$49.9M
  • Share buybacks14¢$41.7M
  • Kept or used elsewhere59¢$171.6M

Out of $292.1M of cash from operations.5

Financial statements

Revenue891011125$1.2B in 2026+70% since 2019
0$500.0M$1.0B$1.5B2019: $714.0M$714.0M20192020: $738.7M$738.7M2020+3%2021: $931.0M$931.0M2021+26%2022: $1.1B$1.1B2022+19%2023: $1.1B$1.1B2023+3%2024: $1.2B$1.2B2024+2%2025: $1.2B$1.2B2025+5%2026: $1.2B$1.2B2026−0%
Gross profit891011125$799.1M in 2026+69% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $473.5M$473.5M20192020: $483.2M$483.2M2020+2%2021: $632.9M$632.9M2021+31%2022: $756.5M$756.5M2022+20%2023: $769.8M$769.8M2023+2%2024: $769.7M$769.7M2024−0%2025: $790.3M$790.3M2025+3%2026: $799.1M$799.1M2026+1%
Operating income891011125$251.9M in 2026+72% since 2019
0$100.0M$200.0M$300.0M2019: $146.7M$146.7M20192020: $157.4M$157.4M2020+7%2021: $237.3M$237.3M2021+51%2022: $296.6M$296.6M2022+25%2023: $298.9M$298.9M2023+1%2024: $206.7M$206.7M2024−31%2025: $102.3M$102.3M2025−51%2026: $251.9M$251.9M2026+146%
Net income891011125$181.9M in 2026+89% since 2019
0$100.0M$200.0M$300.0M2019: $96.1M$96.1M20192020: $229.3M$229.3M2020+139%2021: $140.4M$140.4M2021−39%2022: $272.1M$272.1M2022+94%2023: $285.3M$285.3M2023+5%2024: $168.1M$168.1M2024−41%2025: $73.4M$73.4M2025−56%2026: $181.9M$181.9M2026+148%
Fiscal year20192020202120222023202420252026
Revenue$714.0M8$738.7M9$931.0M10$1.1B11$1.1B12$1.2B5$1.2B5$1.2B5
Cost of revenue$240.5M8$255.5M9$298.2M10$349.1M11$366.9M12$389.3M5$429.4M5$416.0M5
Gross profit$473.5M8$483.2M9$632.9M10$756.5M11$769.8M12$769.7M5$790.3M5$799.1M5
Selling, general and admin$264.4M8$260.6M9$325.0M10$372.8M11$378.4M12$466.4M5$588.5M5$452.4M5
Operating income$146.7M8$157.4M9$237.3M10$296.6M11$298.9M12$206.7M5$102.3M5$251.9M5
Interest$21.7M8$19.2M9$14.0M10$11.3M10$11.2M10
Income tax$15.9M8$47.2M9$8.6M10$38.3M11$53.2M12$17.6M5$25.1M5$58.8M5
Net income$96.1M8$229.3M9$140.4M10$272.1M11$285.3M12$168.1M12$73.4M12$181.9M5
Earnings per share$2.548$6.009$0.9110$1.7311$1.8112$1.075$0.475$1.175
Earnings per share (diluted)$2.478$5.829$0.8710$1.6611$1.7612$1.055$0.465$1.165

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The story

The company was founded in 1976 by Roger C. Lucas as Research and Diagnostic Systems, Inc. In 1985, it merged into Techne Corporation and became a public company.

In March 2013, Charles (Chuck) Kummeth was named chief executive officer of the company.

In July 2013, the company acquired Bionostics for $104 million.

In February 2014, the company changed its name to Bio-Techne.

In April 2014, the company agreed to acquire Shanghai PrimeGene Bio-Tech Company (PrimeGene).

In July 2014, the company acquired Novus Biologicals for $60 million.

In August 2014, the company acquired ProteinSimple for $300 million.

In November 2014, the company agreed to acquire CyVek for $60 million plus up to an additional $135 million in earn-out payments.

Read the full text

In June 2015, the company agreed to acquire Cliniqa Corporation.

In March 2016, the company acquired Zephyrus Biosciences.

In July 2016, the company acquired Space Import-Export.

In August 2016, company acquired Advanced Cell Diagnostics for $250 million plus an additional $75 million in possible milestone payments.

In September 2017, the company acquired Trevigen.

In January 2018, the company acquired Atlanta Biologicals.

In June 2018, the company agreed to acquire Quad Technologies.

In August 2018, the company acquired Exosome Diagnostics for $250 million plus up to an additional $325 million in milestone payments.

In June 2019, the company acquired B-Mogen.

In April 2021, the company acquired Asuragen for $215 million plus up to an additional $105 million in milestone payments.

In June 2022, the business announced it would acquire Namocell Inc.

In June 2023, Bio-Techne announced it would acquire Lunaphore Technologies SA, the transaction was completed the following month.

From Wikipedia’s article on Bio-Techne, shared under CC BY-SA 4.0.7

Products and brands

  • protein

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • ProteinSimple (United States) since Jun 17, 2014

From Wikidata.1

Acquisitions

  1. Jun 17, 2014Acquired ProteinSimple (United States)1

Former names

  • TECHNE CORP /MN/Sep 20, 1995 to Oct 28, 20146

Timeline

  1. 1976Founded Founded1

Recent filings

  1. Sep 30, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  2. Sep 24, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  3. Sep 23, 20268-K
  4. Sep 14, 20268-K
  5. Sep 14, 2026DEFA14A
  6. Sep 9, 2026DEFA14A
  7. Sep 2, 2026DEFA14A
  8. Aug 25, 2026DEFA14A
  9. Aug 24, 202610-K
  10. Aug 20, 2026DEFM14A
  11. Aug 19, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  12. Aug 19, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  13. Aug 19, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  14. Aug 19, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  15. Aug 19, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2