10x Insights
Loading account…
Companies / Health Care / Bio-Rad Laboratories, Inc.
BIO

Bio-Rad Laboratories, Inc.

Health CareMedical Instruments
Ticker BIOHERCULES, CAFiscal year ends DecemberBook value per share $267.16Diluted shares 26.9M

Bio-Rad Laboratories, Inc. (NYSE: BIO) develops, manufactures and markets instruments, systems, reagents and consumables for life science research and clinical diagnostics. Its Life Science segment serves universities, research organizations, government agencies, pharmaceutical and biotechnology companies, food… From the company’s description.

In fiscal 2025, Bio-Rad Laboratories, Inc. reported revenue of $2.58B, up 0.7% from fiscal 2024. Its operating margin was 1.8%, and operations generated $532.20M in cash. Over the twelve months to Jun 30, 2026, revenue was $2.59B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.58BFY2025
+0.7% year over year
Last 12 mo $2.59B
1.83%FY2025
−8.7 percentage points
Last 12 mo 2.05%
—
11.96%FY2025
+40 percentage points
Last 12 mo 3.10%
Cash & financing
$532.20MFY2025
+16.9% year over year
Last 12 mo $492.60M
$374.60MFY2025
+29.4% year over year
Last 12 mo $353.10M
0.16FY2025
Was 0.18× a year earlier
Last 12 mo 0.17
27.3MFY2025
−3.3% year over year
Last 12 mo 26.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bio-Rad Laboratories, Inc. does

In the company’s own words

Bio-Rad Laboratories, Inc. (NYSE: BIO) develops, manufactures and markets instruments, systems, reagents and consumables for life science research and clinical diagnostics. Its Life Science segment serves universities, research organizations, government agencies, pharmaceutical and biotechnology companies, food producers and testing laboratories with products used to analyze biological materials, support biopharmaceutical manufacturing and quality control, conduct food safety testing, and provide science education; this segment generated about 40% of 2025 net sales. Its Clinical Diagnostics segment supplies diagnostic test systems, informatics solutions, test kits and quality controls to hospital, reference, transfusion and physician-office laboratories, accounting for about 60% of 2025 net sales. The diagnostics portfolio supports more than 300 in vitro diagnostic tests, with instruments and consumables often combined into laboratory workflows. Bio-Rad had approximately 7,450 employees worldwide at year-end 2025 and operates directly in more than 36 countries outside the United States. It also holds a substantial investment in laboratory and process technology company Sartorius AG. Its website is www.bio-rad.com.

Company details
Sector
Health Care
Industry (SIC)
Medical Instruments
Headquarters
HERCULES, CA
Fiscal year end
December
CIK
12208
SIC
3826

Financial performance, year by year

Fiscal 2013–2025 · USD
$-292.25M$584.51M$1.46B$2.34B$3.21B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bio-Rad Laboratories, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

350
funds hold it
0 of 35
superinvestors hold it
$2.76B
held by funds, at market
43.9%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Bio-Rad Laboratories, Inc.’s weight in each

First Eagle Global Fund
SGENX · First Eagle Funds
—of fund net assets
0.27%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

By share class

ClassHeld by fundsFundsShares out
BIOClass A Common Stock, Par Value $0.0001 per share43.9%35021.7M
BIO/BClass B Common Stock, Par Value $0.0001 per share0.0%15.1M

Bio-Rad Laboratories, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Bio-Rad Laboratories, Inc.’s debt, $162.67M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.51%, maturing 2027 to 2032.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Bio-Rad Laboratories, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Bio-Rad Laboratories, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Bio-Rad Laboratories, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.