Company Analysis

Bio-Techne Corp (TECH)

Nasdaq: TECH · Biological Products, (No Diagnostic Substances) · Minneapolis, MN · filing with the SEC since 1995
Grade6.3
◀ Past 7.2● Present 7.3▶ Future 4.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in June.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingJun 30, 2026Jun 30, 2025Jun 30, 2024Jun 30, 2023Jun 30, 2022Jun 30, 2021Jun 30, 2020Jun 30, 2019Jun 30, 2018Jun 30, 2017
Report filedAug 24, 2026Aug 22, 2025Aug 22, 2024Aug 23, 2023Aug 24, 2022Aug 25, 2021Aug 26, 2020Aug 28, 2019Aug 27, 2018Sep 7, 2017
Revenue1,215,0391,219,6351,159,0601,136,7021,105,599931,032738,691714,006642,993563,003
Cost of revenue415,968429,363389,335366,887349,103298,182255,497240,515210,850188,462
Gross profit799,071790,272769,725769,815756,496632,850483,194473,491432,143374,541
Research and development94,76699,49696,66492,49387,14070,60365,19262,41355,32953,514
Selling, general and administrative452,415588,521466,375378,378372,766324,951260,583264,359240,636200,443
Total operating expenses547,181688,017563,039470,871459,906395,554325,775326,772295,965253,957
Operating income251,890102,255206,686298,944296,590237,296157,419146,719136,178120,584
Interest expense9,6308,50915,73611,21511,30913,95219,19721,70510,1887,361
Interest and investment income4,2233,8863,3233,410794473605569409304
Share of profit of equity-method investments887938-6,841-1,143······
Other income (expense), net-5,803831-8,58447,52015,311-75,642137,650-13,568-447-1,566
Total non-operating income (expense)-11,210-3,792-20,99739,7154,796-89,121119,058-34,704-10,226-8,623
Income before income taxes240,68098,463185,689338,659301,386148,175276,477112,015125,952111,961
Income tax expense58,81825,06317,58453,21738,2878,59047,18115,943r-19835,875
Net income including non-controlling interests181,86273,400168,105285,442263,099139,585229,29696,072··
Net income to non-controlling interests···179-8,952-82500··
Net income·73,400168,105285,263272,051140,410229,29696,072126,15076,086
Net income to common shareholders181,84073,363168,072285,193271,930140,324229,07295,967126,04276,021
Earnings per share, basic1.170.471.071.811.73r0.91r1.50b0.635b0.84b0.51b
Earnings per share, diluted1.160.461.051.761.66r0.87r1.455b0.6175b0.8275b0.5075b
Weighted average shares, basic155,963157,521157,708157,179156,874r154,986r152,804b151,124b149,904b149,252b
Weighted average shares, diluted157,009159,717160,774161,855164,114r161,932r157,604b155,568b152,220b150,000b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 4-for-1 split of Nov 2022.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
us-gaap:InvestmentIncomeInterestAndDividend
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton TECH · research, not advice