Bio-Rad Laboratories, Inc.

BIO Healthcare Medical Devices

Bio-Rad Laboratories, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 0.65% from fiscal 2024.

Revenue
+0.52%
EPS
+234.9%
Free cash flow
+8.07%
Total debt
+0.11%

Quarter to September 2026, against a year earlier

381.91 12.91 +3.50%
Market cap
$9.9B
P/E
9.7×
Fwd P/E
44.7×
Dividend yield
—
F-score
5/9
Altman Z
3.20
Beneish M
−2.29
Dividend safety
n/a

Bio-Rad Laboratories, Inc. (BIO) Gross margin

Alert me on Gross margin

Bio-Rad Laboratories, Inc.'s gross margin over the twelve months to 30 September 2026 was 51.3%, down 0.6 percentage points from fiscal 2025 (51.9%). Over the past ten years it has ranged from 51.9% (fiscal 2025) to 56.5% (fiscal 2020) — the current reading is the lowest in ten years. That is below the Medical Devices industry median of 57.8% and in line with the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 51.9% (1.86)
FY2024 53.7% 0.31
FY2023 53.4% (2.51)
FY2022 55.9% (0.12)
FY2021 56.1% (0.43)
FY2020 56.5% 2.10
FY2019 54.4% 0.95
FY2018 53.4% (1.55)
FY2017 55.0% (0.07)
FY2016 55.1% (0.49)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 50.1% (3.06)
Jun 2026 53.1% 0.87
Mar 2026 52.3% 2.45
Dec 2025 49.8% (2.79)
43 more quarters

Against its own ten years

Low 51.9% High 56.5%
Ten-year median 55.0%
Current reading's percentile 2

Gross margin against peers

Company Gross margin
GKOS Glaukos Corporation compare 81.1%
PODD Insulet Corporation compare 71.9%
SNN Smith & Nephew SNATS, Inc. compare 70.5%
TXG 10x Genomics compare 70.0%
GMED Globus Medical, Inc. compare 69.1%
PEN Penumbra, Inc. compare 68.0%
BIO.B Bio-Rad Laboratories, Inc. compare 51.3%
BIO Bio-Rad Laboratories, Inc. 51.3%
BRKR Bruker Corporation compare 47.7%
Medical Devices industry median 57.8%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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