CRL on NYSE

Charles River Laboratories

Logo: Public domain, via Wikimedia Commons4

American biotechnology and pharmaceutical corporation

Charles River Laboratories International, Incorporated is an American life sciences company and contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides goods and services that support the development of drugs, vaccines, and other therapeutics.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1947Founded1

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  • TickerCRL on NYSE1
  • IndustryServices-Commercial Physical & Biological Research1
  • HeadquartersWilmington1
  • Websitewww.criver.com
  • Legal formDelaware corporation1
  • Business address251 Ballardvale St, Wilmington, Ma 018875
  • Filer categoryLarge accelerated filer5

Charles River Laboratories International, Incorporated is an American life sciences company and contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides goods and services that support the development of drugs, vaccines, and other therapeutics. Its operations span at least 20 countries, offering research models, drug discovery and safety assessment, and manufacturing and testing services to pharmaceutical, biotechnology, government, and other clients.3

Financials

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

Key numbers, fiscal 2025

0.6%Operating margin7
-3.6%Net margin7
-0.9%Revenue growth, 20257
-4.6%Return on equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service brought in 81% of the revenue Charles River Laboratories broke down this way in fiscal 2025.

  1. Service$3.3B781%down 2% from 2024
  2. Product$765.3M719%up 3% from 2024
Products and services by year
Products and services202320242025
Service$3.4B$3.3B$3.3B
Product$689.4M$745.9M$765.3M

Business segments

Discovery and Safety Assessment brought in 60% of the revenue Charles River Laboratories broke down this way in fiscal 2025.

  1. Discovery and Safety Assessment$2.4B760%down 2% from 2024
  2. Research Models and Services$846.1M721%up 2% from 2024
  3. Manufacturing Support$766.4M719%down 0% from 2024
Business segments by year
Business segments202320242025
Discovery and Safety Assessment$2.6B$2.5B$2.4B
Research Models and Services$792.3M$829.4M$846.1M
Manufacturing Support$721.4M$769.3M$766.4M

Regions

United States brought in 53% of the revenue Charles River Laboratories broke down this way in fiscal 2025.

  1. United States$2.1B753%down 4% from 2024
  2. Europe$1.1B727%up 2% from 2024
  3. Canada$501.0M712%up 4% from 2024
  4. Asia Pacific$205.0M75%up 4% from 2024
  5. Other$64.9M72%up 23% from 2024
Regions by year
Regions202320242025
United States$2.3B$2.2B$2.1B
Europe$1.1B$1.1B$1.1B
Canada$487.3M$482.1M$501.0M
Asia Pacific$200.8M$197.0M$205.0M
Other$16.8M$52.8M$64.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin19¢$743.1M
  • Other costs80¢$3.2B
  • Income tax1¢$42.7M

Out of $4.0B in revenue.7 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks49¢$360.7M
  • Kept or used elsewhere51¢$377.0M

Out of $737.6M of cash from operations.7

Financial statements

Revenue8910117$4.0B in 2025+53% since 2019
0$2.0B$4.0B$6.0B2019: $2.6B$2.6B20192020: $2.9B$2.9B2020+12%2021: $3.5B$3.5B2021+21%2022: $4.0B$4.0B2022+12%2023: $4.1B$4.1B2023+4%2024: $4.0B$4.0B2024−2%2025: $4.0B$4.0B2025−1%
Operating income8910117$25.2M in 2025−93% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $351.2M$351.2M20192020: $432.7M$432.7M2020+23%2021: $589.9M$589.9M2021+36%2022: $651.0M$651.0M2022+10%2023: $617.3M$617.3M2023−5%2024: $227.3M$227.3M2024−63%2025: $25.2M$25.2M2025−89%
Net income8910117-$144.3M in 2025
-$200.0M0$200.0M$400.0M$600.0M2019: $252.0M$252.0M20192020: $364.3M$364.3M2020+45%2021: $391.0M$391.0M2021+7%2022: $486.2M$486.2M2022+24%2023: $474.6M$474.6M2023−2%2024: $22.2M$22.2M2024−95%2025: -$144.3M-$144.3M2025

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Total revenue$4.0B$4.0B$4.1B
Selling, general and administrative$743.1M$751.0M$747.9M
Amortization of intangible assets$179.1M$138.5M$137.4M
Intangible asset impairment$211.0M$0$0
Goodwill impairment$165.0M$215.0M$0
Operating income$25.2M$227.3M$617.3M
Interest income$4.9M$8.6M$5.2M
Interest expense-$107.0M-$126.3M-$136.7M
Other income (expense), net-$22.6M-$16.5M$95.5M
Income (loss) before income taxes-$99.5M$93.1M$581.3M
Provision for income taxes$42.7M$67.8M$100.9M
Net income (loss)-$142.2M$25.3M$480.4M
Less: Net income attributable to noncontrolling interests$2.2M$3.1M$5.7M
Net income (loss) attributable to Charles River Laboratories International, Inc.-$144.3M$22.2M$474.6M
Less: Incremental dividends attributed to noncontrolling interest holders$0$11.9M$0
Net income (loss) available to Charles River Laboratories International, Inc. common shareholders-$144.3M$10.3M$474.6M
Basic (in dollars per share)-$2.91$0.20$9.27
Diluted (in dollars per share)-$2.91$0.20$9.22
Basic (in shares)49.6M shares51.4M shares51.2M shares
Diluted (in shares)49.6M shares51.6M shares51.5M shares

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The story

Charles River was founded in 1947 by Henry Foster, a young veterinarian who purchased one thousand rat cages from a Virginia farm and set up a one-person laboratory in Boston overlooking the Charles River. He supplied local researchers with laboratory animals.

In 1955, the company's headquarters were relocated to their current home in Wilmington, Massachusetts. The organization became an international entity in 1966 by opening a new animal production facility in France.

The first commercial, comprehensive genetic monitoring program was implemented by Charles River in 1981. Three years later, they were acquired by Bausch & Lomb. In 1988, the organization began creating transgenic mice and rats. In the 1990s, they began in vitro endotoxin testing. In the 1990s, Jim Foster bought Charles River back from Bausch & Lomb, and the company later went public on the New York Stock Exchange.

Charles River launched the Humane Care Imperative in 2002, designed to raise awareness and train employees on animal welfare's importance. The same year, they were named "Company of the Year" by The Boston Globe. The company introduced preconditioning services in 2005 to provide customers with study-ready animals.

In 2008, Charles River signed a ten-year contract to partner with the National Cancer Institute and opened a facility in Frederick, Maryland.

In April 2019, Charles River announced it would cease its San Diego operations, moving the breeding of rodents for testing compounds to Hollister, California.

In March 2023, the Born Free USA animal welfare organization protested against Charles River's plan to export 1,000 endangered juvenile long-tail macaques to Cambodia for testing.

From Wikipedia’s article on Charles River Laboratories, shared under CC BY-SA 4.0.6

Leadership

Who has led Charles River Laboratories, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (1)

Subsidiaries and ownership

Subsidiaries

  • Charles River Laboratories (Netherlands)
  • Charles River Laboratories (United Kingdom)

From Wikidata.1

Acquisitions

In 1988, Charles River purchased Specific Pathogen Antigen Free Avian Services (SPAFAS) and serologic diagnostic services Merck, Sharp, and Dohme.

Between 1996 and 2000, the company acquired Endosafe, Inc. and Sierra Biomedical.

In October 2003, Charles River Laboratories merged with Inveresk, a research company based in the United Kingdom. The company was known then as Charles River Laboratories. Inveresk specialised in clinical research and pre-clinical testing, and their main facilities are in Edinburgh, Scotland. In late 2009, Charles River sold its Clinical Services Division in Edinburgh to Quotient Bioresearch.

In 2010, Charles River Laboratories attempted to acquire WuXi PharmaTech, a China-based contract research organization, but the offer was withdrawn when the deal faced opposition from several large Charles River investors, including Relational Investors, JANA Partners, and Neuberger Berman. The proxy advisory firm RiskMetrics had also recommended that Charles River's shareholders vote against the proposed deal.

Read the full text

From 2008 to 2013, Charles River acquires several companies including NewLab Bioquality AG, MIR Preclinical Services, Piedmont Research Center, LLC, Cerebricon, Ltd., Accugenix, and Vital River, allowing the company to expand their research models and services portfolio to drug development and discovery markets in China.

The acquisitions of Argenta and BioFocus in 2014 allowed Charles River to establish itself as a full-service, early-stage contract research organization with integrated in vitro and in vivo capabilities from target discovery through pre-clinical development.

In July 2015, the company announced it would acquire Celsis International for $212 million.

In 2016, the company announced it was set to acquire WIL Research for approximately $585 million in cash and Blue Stream Laboratories.

In August 2017, the business announced it would acquire Brains On-Line.

In January 2018, the company announced it would acquire KWS BioTest for up to £18 million ($24.4 million). In February of the same year, Charles River announced it would acquire MPI Research for approximately $800 million in cash. The transaction was completed on April 3, 2018.

In February 2019, the company announced it would acquire Citoxlab for €448 million in cash (approximately $500 million), including the former acquisitions of the French company, AccelLAB, Atlanbio and Solvo Biotechnology. The transaction was completed on April 29. In December of the same year the business announced it would acquire HemaCare for approximately $380 million in cash.

In August 2020, the company announced it would acquire Cellero for $38 million in cash.

In January 2021, the company announced it would acquire Distributed Bio, Inc., an antibody discovery business.

In February 2021, Charles River announced it would acquire Cognate BioServices, Inc. for $875 million.

In March 2021, Charles River announced the acquisition of Retrogenix for $48 million.

In May 2021, Charles River announced the acquisition of Vigene Biosciences, a gene therapy contract development and manufacturing organization (CDMO), for $292.5 million.

In October 2021, a Japanese subsidiary of Charles River was acquired by Jackson Laboratory for $63M.

In April 2022, the company announced it would acquire Explora BioLabs.

In January 2023, the business announced it would acquire SAMDI Tech, Inc.

In February 2026, the CDMO business arm including sites in Rockville, Maryland; Memphis, Tennessee; Northridge, California; and Keele, United Kingdom was sold to GI Partners and formed as a new company Rose BioSolutions. The discovery services were sold to IQVIA for $145 million.

From Wikipedia’s article on Charles River Laboratories, shared under CC BY-SA 4.0.6

Former names

  • CHARLES RIVER LABORATORIES INTERNATIONAL INCJun 23, 2000 to May 30, 20195
  • CHARLES RIVER LABORATORIES HOLDINGS INCDec 8, 1999 to Jan 28, 20005

Timeline

  1. Jun 23, 2000Went public Listed on NYSE1
  2. 1947Founded Founded1

Recent filings

  1. Oct 7, 20264
  2. Oct 5, 2026144
  3. Oct 2, 20264 PRIMARY DOCUMENT
  4. Sep 24, 20268-K
  5. Sep 8, 2026SCHEDULE 13G/A
  6. Aug 27, 20264 PRIMARY DOCUMENT
  7. Aug 25, 2026144
  8. Aug 20, 20264 PRIMARY DOCUMENT
  9. Aug 20, 20264 PRIMARY DOCUMENT
  10. Aug 20, 20264 PRIMARY DOCUMENT
  11. Aug 19, 2026144
  12. Aug 18, 2026144
  13. Aug 13, 2026SCHEDULE 13G
  14. Aug 13, 20264 PRIMARY DOCUMENT
  15. Aug 13, 20264 PRIMARY DOCUMENT

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