Overview
BIO-TECHNE Corp
Latest 10-K: FY2026, filed Aug 24, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $1.22B
- 0.4%YoYdown from FY2025
- TotalRevenue
- Gross profit
- $0.80B
- 1.1%YoYup from FY2025
- GrossProfit
- Operating income
- $0.25B
- 146.3%YoYup from FY2025
- OperatingIncome
- Net income
- $0.18B
- 147.7%YoYup from FY2025
- NetIncome
- Diluted EPS
- $1.16
- 152.2%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 157.0M
- 1.7%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- BIO-TECHNE Corp reported revenue of $1.22B for fiscal 2026, down 0.4% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 1 of the last 4 fiscal years.
Profitability
- Operating margin was 20.7% and net margin was 15.0%.
Per share
- Diluted EPS was $1.16, up 152.2% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $1.22B0.4%down | $1.22B5.2%up S&P 500 6.4% | $1.16B2.0%up S&P 500 4.5% | $1.14B2.8%up S&P 500 4.8% | $1.11B18.7%up S&P 500 10.3% | 2.4% |
| Gross Profit Median of 315 / 498 | $799.07M1.1%up | $790.27M2.7%up S&P 500 6.8% | $769.73M0.0%unchanged S&P 500 5.5% | $769.82M1.8%up S&P 500 5.2% | $756.50M19.5%up S&P 500 8.3% | 1.4% |
| Operating Income Median of 373 / 498 | $251.89M146.3%up | $102.25M50.5%down S&P 500 7.3% | $206.69M30.9%down S&P 500 7.4% | $298.94M0.8%up S&P 500 4.9% | $296.59M25.0%up S&P 500 7.5% | -4.0% |
| Net Income | $181.84M§147.7%up | $73.40M56.3%down S&P 500 4.8% | $168.10M41.1%down S&P 500 5.7% | $285.26M4.9%up S&P 500 1.9% | $272.05M93.8%up S&P 500 1.3% | -9.6% |
| EPS (Diluted) | $1.16152.2%up | $0.4656.2%down S&P 500 6.2% | $1.0540.3%down S&P 500 7.9% | $1.766.0%up S&P 500 1.9% | $1.6690.8%up S&P 500 1.5% | -8.6% |
§ Net income available to common stockholders; the company files no net-income line.
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $2.59B1.1%up | $2.56B5.4%down S&P 500 5.6% | $2.70B2.5%up S&P 500 3.4% | $2.64B15.0%up S&P 500 4.1% | $2.29B1.4%up S&P 500 2.2% | 3.0% |
| Total Liabilities Median of 357 / 498 | — | — | — | — | — | — |
| Stockholders' Equity | $2.11B9.9%up | $1.92B7.3%down S&P 500 6.8% | $2.07B5.2%up S&P 500 5.4% | $1.97B15.6%up S&P 500 7.3% | $1.70B8.3%up S&P 500 2.5% | 5.5% |
| Cash & Equivalents | $264.71M63.2%up | $162.19M6.8%up S&P 500 5.2% | $151.79M15.9%down S&P 500 1.9% | $180.57M4.6%up S&P 500 6.7% | $172.57M13.3%down S&P 500 -8.6% | 11.3% |
| Total Debt Median of 393 / 498 | $200.00M†42.2%down | $346.00M†8.5%up S&P 500 2.3% | $319.00M†8.9%down S&P 500 0.1% | $350.00M†36.8%up S&P 500 0.1% | $255.91M†25.0%down S&P 500 0.1% | -6.0% |
† Sum of short-term and long-term debt; the company files no total-debt line.
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $292.07M1.6%up | $287.56M3.8%down S&P 500 6.3% | $298.98M17.5%up S&P 500 4.8% | $254.39M21.8%down S&P 500 9.9% | $325.27M7.6%down S&P 500 -0.7% | -2.7% |
| Capital Expenditures | $28.85M7.0%down | $31.01M50.7%down S&P 500 5.4% | $62.88M64.4%up S&P 500 2.8% | $38.24M14.8%down S&P 500 11.3% | $44.91M1.4%up S&P 500 14.0% | -10.5% |
| Free Cash Flow Median of 378 / 498 | $263.22M2.6%up | $256.55M8.7%up S&P 500 7.3% | $236.10M9.2%up S&P 500 6.1% | $216.15M22.9%down S&P 500 8.8% | $280.36M8.9%down S&P 500 -11.3% | -1.6% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
1.6%
Wall Street
on net earnings
FY2025 0.9%
2.4%
Value investor
on free cash flow
FY2025 3.1%
Gap +0.8 pts: Value-investor figure 0.8 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 60.9×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
3.2%
Wall Street
on EBITDA
FY2025 2.5%
2.3%
Value investor
on EBIT
FY2025 1.2%
Gap −0.9 pts: Value-investor figure 0.9 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 31.6×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
19.0%
Wall Street
on book equity
FY2025 23.3%
7.5%
Value investor
on tangible book
FY2025 7.0%
Gap −11.5 pts: Value-investor figure 11.5 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 5.3×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
9.0%
Wall Street
ROE: net income ÷ equity
FY2025 3.7%
8.9%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 3.5%
Gap −0.1 pts: Value-investor figure 0.1 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
28.7%
Wall Street
EBITDA margin
FY2025 17.4%
21.7%
Value investor
Free-cash-flow margin
FY2025 21.0%
Gap −7.0 pts: Value-investor figure 7.0 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
4.55×
Wall Street
Current ratio
FY2025 3.46×
3.35×
Value investor
Quick ratio, inventory excluded
FY2025 2.38×
Gap −1.20×: Value-investor figure 1.20 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
1.75×
Wall Street
EBITDA ÷ total debt
FY2025 0.61×
1.32×
Value investor
FCF ÷ total debt
FY2025 0.74×
Gap −0.43×: Value-investor figure 0.43 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net cashValue investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
36.3×
Wall Street
EBITDA ÷ interest
FY2025 24.9×
26.2×
Value investor
EBIT ÷ interest
FY2025 12.0×
Gap −10.1×: Value-investor figure 10.1 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on TECH yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on TECH and publish the result to your public profile.
Cite this page
Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/TECH
Valuein. (2026, October 23). BIO-TECHNE Corp (TECH) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/TECH
@misc{valuein_tech_2026,
author = {{Valuein}},
title = {BIO-TECHNE Corp (TECH) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/TECH}},
note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}10-K filed Aug 24, 2026 · accession 0001104659-26-100322
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing