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Companies / Health Care / Bio-Techne
TECH

Bio-Techne

Health CareBiological ProductsS&P 500
Ticker TECHMINNEAPOLIS, MNFiscal year ends JuneBook value per share $13.43Diluted shares 157.0M

Bio-Techne Corporation (Nasdaq: TECH) develops, manufactures and sells life science reagents, instruments and services for research, diagnostics and bioprocessing customers worldwide, including academic and industry researchers, pharmaceutical and biotechnology companies, laboratories, diagnostic instrument makers,… From the company’s description.

In fiscal 2026, Bio-Techne reported revenue of $1.22B, down 0.4% from fiscal 2025, and net income of $181.86M. Its operating margin was 20.7%, and operations generated $292.07M in cash.

Fiscal year 2026 · ends 06-30Changes are against fiscal 2025
Sales & profitability
$1.22BFY2026
−0.4% year over year
20.73%FY2026
+12.3 percentage points
$181.86MFY2026
+147.8% year over year
8.63%FY2026
+4.8 percentage points
Cash & financing
$292.07MFY2026
+1.6% year over year
$263.22MFY2026
+2.6% year over year
0.09FY2026
Was 0.18× a year earlier
157.0MFY2026
−1.7% year over year

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.

What Bio-Techne does

In the company’s own words

Bio-Techne Corporation (Nasdaq: TECH) develops, manufactures and sells life science reagents, instruments and services for research, diagnostics and bioprocessing customers worldwide, including academic and industry researchers, pharmaceutical and biotechnology companies, laboratories, diagnostic instrument makers, and developers of cell and gene therapies. It operates through two reportable segments: Protein Sciences, which generated approximately 72% of fiscal 2026 net sales, and Diagnostics and Spatial Biology, which generated approximately 28%. Protein Sciences provides proteins, antibodies, small molecules, sera, cell selection technologies, protein-analysis instruments and immunoassays; its brands include R&D Systems, Tocris Biosciences, Novus Biologicals and ProteinSimple. Diagnostics and Spatial Biology offers diagnostic controls, calibrators and assays, molecular and oncology products, and spatial biology instruments and tissue-analysis assays, including products under the Advanced Cell Diagnostics and Asuragen brands and Lunaphore’s COMET platform. Bio-Techne employed approximately 3,000 people as of June 30, 2026. Founded in 1976, the company became publicly traded in 1985 through a merger with Techne Corporation. Its website is https://investors.bio-techne.com/.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
MINNEAPOLIS, MN
Fiscal year end
June
CIK
842023
SIC
2836

Financial performance, year by year

Fiscal 2012–2026 · USD
$-121.96M$243.93M$609.82M$975.71M$1.34B201220132014201520162017201820192020202120222023202420252026

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-Techne — and what changed

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

569
funds hold it
2 of 35
superinvestors hold it
$5.56B
held by funds, at market
55.7%
of shares held by funds

Superinvestors in Bio-Techne · what they did last quarter

Ruane CunniffDECREASED -1.3%
Ruane, Cunniff & Goldfarb (Sequoia)
3.7%of 13F portfolio
Wallace WeitzDECREASED -16.8%
Weitz Investment Management
2.7%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Bio-Techne’s weight in each

0.20%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.02%of fund net assets
0.27%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.13%of fund net assets

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

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”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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-Techne and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Bio-Techne's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Bio-Techne's last four quarterly filings that the numbers alone won't show?”
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