Inferra AI / Company / BIO

Bio-Rad Laboratories, Inc.

BIO · Industrials

Last earnings Aug 4, 2026

Key results

Revenuequarter

$ 651.6

Financial Results Highlights GAAP Results Q2 2025 Q2 2024 Revenue (millions) $ 651.6 $ 638.5 Gross margin 53.0 % 55.6 % Income from operations $ 77.1 $ 101.5 Net income (loss) (millions) $ 317.8 $ (2,165.5) Income (loss) per diluted share $ 11.67 $ (76.26) Non-GAAP Results Q2 2025 Q2 2024 Revenue (millions) $ 651.6 $ 638.5 Gross margin 53.7 % 56.4 % Income from operations $ 88.6 $ 106.9 Net income (millions) $ 71.0 $ 88.3 Income per diluted share $ 2.61 $ 3.11 The non-GAAP financial measures shown in the table above and discussed below exclude certain items detailed later in this press release under the heading Use of Non-GAAP and Currency-Neutral Reporting.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Gross marginquarter

53.0 %

Financial Results Highlights GAAP Results Q2 2025 Q2 2024 Revenue (millions) $ 651.6 $ 638.5 Gross margin 53.0 % 55.6 % Income from operations $ 77.1 $ 101.5 Net income (loss) (millions) $ 317.8 $ (2,165.5) Income (loss) per diluted share $ 11.67 $ (76.26) Non-GAAP Results Q2 2025 Q2 2024 Revenue (millions) $ 651.6 $ 638.5 Gross margin 53.7 % 56.4 % Income from operations $ 88.6 $ 106.9 Net income (millions) $ 71.0 $ 88.3 Income per diluted share $ 2.61 $ 3.11 The non-GAAP financial measures shown in the table above and discussed below exclude certain items detailed later in this press release under the heading Use of Non-GAAP and Currency-Neutral Reporting.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Life Science segment net sales for the second quarter were $262.8 million, an increase of 4.9 percent compared to the same period in 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

On a currency-neutral basis, Life Science segment sales increased by 3.8 percent compared 1 to the same quarter in 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Clinical Diagnostics segment net sales for the second quarter were $388.8 million, essentially flat compared to the same period in 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Net incomequarter

$317.8 million

net income of $317.8 million, or $11.67 per share, on a diluted basis, versus a net loss of $(2,165.5) million, or $(76.26) per share, on a diluted basis, reported for the same period of 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Non-GAAP net incomequarter

$71.0 million

Non-GAAP net income for the second quarter of 2025 was $71.0 million, or $2.61 per share, on a diluted basis, compared to $88.3 million, or $3.11 per share, on a diluted basis, during the same period in 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Based in Hercules, California, Bio-Rad operates a global network of research, development, manufacturing, and sales operations with over 7,500 employees, and $2.6 billion in revenues in 2024.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Operating marginquarter

$652M

" REVENUE GROSS MARGIN OPERATING MARGIN NET CASH FROM OPERATIONS $652M 53.0% 11.8% $117M 2.1% YoY 1.0% YoY CN* -260bps YoY -410bps YoY +$19M YoY 3 Q2 2025 GAAP Financial Results * Percentage revenue change in currency neutral (CN) amounts are calculated by translating prior period revenue in each local currency using the current period s monthly average foreign exchange rates for that currency and comparing that to current period revenue.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

AI analysis

Q2 2025 · reported Jul 31, 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Gross margin · Q2 2025
53.0 %
EX-99 · Jul 31, 2025
Net income · Q2 2025
$317.8M
EX-99 · Jul 31, 2025
Non-GAAP net income · Q2 2025
$71.0M
EX-99 · Jul 31, 2025
Revenue · Q2 2025
$ 651.6
EX-99 · Jul 31, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Revenue$ 651.6——
Gross margin53.0 %——
Net income$317.8 million——
Non-GAAP net income$71.0 million——
Operating margin$652M——

EX-99 · Jul 31, 2025

Guidance · company-stated

revenue

“growth of approximately 0 to 1.0 percent”

operating margin

“is now estimated to be approximately 12.0 to 13.0 percent”

Guidance stated in the release's Business Outlook table for the full year 2025; no direction stated — figures as stated in the table.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin53.0 %
Operating margin$652M

Capital allocation

Geographic revenue36%

Americas EMEA 36% APAC 20% Geographic Revenue Mix $389M 8 Balance Sheet Highlights (In $ millions) June 30, 2025 December 31, 2024 Cash & Short-Term Investments $1,374* $1,665 Long-Term Debt $1,201 $1,200 Inventories, net $799 $760 Investment in Sartorius AG $5,156 $4,469 * Cash balance change due to share repurchases, and the completion of Stilla Technologies acquisition on June 30, 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Bio-Rad Reports Second -Quarter 2025 Financial Results

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

revenue: “revenue growth of approximately 0 to 1.0 percent”

operating margin: “operating margin is now estimated to be approximately 12.0 to 13.0 percent”

revenue (“the full year 2025”)
“revenue growth of approximately 0 to 1.0 percent”

operating margin (“the full year 2025”)
“operating margin is now estimated to be approximately 12.0 to 13.0 percent”

Guidance stated in the release's Business Outlook table for the full year 2025; no direction stated — figures as stated in the table.

Capital allocation

Americas EMEA 36% APAC 20% Geographic Revenue Mix $389M 8 Balance Sheet Highlights (In $ millions) June 30, 2025 December 31, 2024 Cash & Short-Term Investments $1,374* $1,665 Long-Term Debt $1,201 $1,200 Inventories, net $799 $760 Investment in Sartorius AG $5,156 $4,469 * Cash balance change due to share repurchases, and the completion of Stilla Technologies acquisition on June 30, 2025.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

Free Cash Flow: Free cash flow is a non-GAAP measure and is defined as cash flow from operations minus net capital expenditures.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

government sponsored agencies securities 67.9 67.9 Money market funds 103.0 103.0 Total cash equivalents (a) 103.0 101.8 204.8 Restricted investments (b) 1.0 1.0 Equity securities (c) 5,389.4 5,389.4 Loan under the fair value option (d) 369.9 369.9 Available-for-sale investments: Corporate debt securities 475.7 475.7 U.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

government sponsored agencies securities 59.9 59.9 Money market funds 209.7 209.7 Total cash equivalents (a) 209.7 100.9 310.6 Restricted investments (b) 1.1 1.1 Equity securities (c) 5,740.5 5,740.5 Loan under the fair value option (d) 373.4 373.4 Available-for-sale investments: Corporate debt securities 451.9 451.9 U.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Level 2 Fair Value Measurements To estimate the fair value of Level 2 debt securities as of June 30, 2026 and December 31, 2025, pricing is obtained from third party pricing services as the primary pricing source.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Our evaluation of credit losses for available-for-sale investments included t he extent to which the fair value is less than the amortized cost basis, adverse conditions specifically related to the debt security, an industry or geographic area, and any changes in the rating of a security by a rating agency.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Strategy & priorities

2 Safe Harbor Some statements in this presentation may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding management s goals, plans, and expectations, our future financial performance, our future financial projections, our growth strategy, and other matters.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

The amendments are intended to better reflect those strategies in financial reporting by enabling entities to achieve and maintain hedge accounting for highly effective economic hedges of forecasted transactions.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Risks & headwinds

Significant litigation charges or benefits and legal costs we may incur charges or benefits as well as legal costs in connection with litigation and other contingencies unrelated to our core operations.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

For further information regarding the Company's risks and uncertainties, please refer to the Risk Factors and Management s Discussion and Analysis of Financial Condition and Results of Operations in the Company's public reports filed with the Securities and Exchange Commission (the SEC ), including the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 to be filed with the SEC.

SEC original ↗Bio-Rad Laboratories, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

These statements are based on assumptions and expectations of future events that are subject to risks and uncertainties.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

Significant litigation charges or benefits and legal costs: we may incur charges or benefits as well as legal costs in connection with litigation and other contingencies unrelated to our core operations.

SEC original ↗Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

Legal Proceedings 37 Item 1A.

SEC original ↗Bio-Rad Laboratories, Inc. — 10-Q Quarterly report10-QAug 4, 2026

Documents

Earnings deck slides

0 decks with slide view

Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Bio-Rad Laboratories, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

31 documents

Earnings releases

12 documents

Presentations

3 documents

Transcripts

0 documents

No transcripts for Bio-Rad Laboratories, Inc. are held in this edition of the library.

Mentioned by

7 companies

Other tracked companies whose held documents mention Bio-Rad Laboratories, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.