B

Bio-Rad Laboratories

Life science reagents, instruments, software

Overview

Bio-Rad Laboratories, Inc. develops, manufactures, and sells a wide range of tools for life science research and clinical diagnostics, including reagents, instruments, and software. The company serves universities, pharmaceutical and biotech firms, and clinical laboratories, providing products that support cell biology, gene expression, protein purification, and imaging. Its products are sold through a dedicated direct sales force and online channels, with revenue from product sales and service contracts. The company emphasizes quality and reliability in its offerings. The main difference from competitors is its broad, integrated portfolio of end-to-end solutions across research and clinical applications, combined with a global sales and support network. Bio-Rad’s goal is to help researchers and clinicians advance scientific discoveries and improve patient outcomes by enabling accurate experiments and dependable diagnostics.

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About Bio-Rad Laboratories

Simplify's Rating
Why Bio-Rad Laboratories is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingBiotechnologyHealthcare

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Hercules, CA

Founded

1952

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What believers are saying

  • Bio-Rad’s November 3, 2026 oncology portfolio expansion deepens QX700 precision-medicine applications.
  • Third-quarter 2026 revenue rose 0.5%, with diagnostics growth offsetting life sciences weakness.
  • Management expects $30 million to $35 million restructuring savings, supporting 2027 margin expansion.

What critics are saying

  • Brandeis University’s September 2026 lawsuit targets Bio-Rad’s RainDance patents and royalties.
  • Chromacode litigation still consumes management time; September 2026 motions fight expert testimony.
  • U.S. academic weakness, process chromatography declines, and 2027 China pricing cuts squeeze growth.

What makes Bio-Rad Laboratories unique

  • Bio-Rad’s QX700 ddPCR platform keeps winning competitive instrument share in 2026.
  • The Stilla acquisition broadened Bio-Rad’s entry-level ddPCR lineup and accelerated adoption.
  • Foresight Pro columns use single-lot packing, creating a differentiated bioprocessing workflow advantage.

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Funding

Total Funding

$1.8B

Above

Industry Average

Funded Over

4 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Fertility Treatment Support
  • Life Insurance
  • Disability Insurance
  • Parental Leave
  • Employee Stock Purchase Plan
  • Wellness Program
  • Health Savings Account/Flexible Spending Account
  • Professional Development Budget
  • Student Loan Assistance
  • Pet Insurance
  • Paid Vacation

Stock Price

Growth & Insights and Company News

6 month growth

1%

1 year growth

2%

2 year growth

4%
The Lincolnian Online
Nov 6th, 2026
What Bio-Rad Laboratories (BIO) said on its Q3 earnings call.

What Bio-Rad Laboratories (BIO) said on its Q3 earnings call. Bio-Rad Laboratories (NYSE:BIO) reported modest third-quarter revenue growth, its first currency-neutral increase of 2026, as gains in clinical diagnostics and digital PCR instruments helped offset weakness in parts of its life sciences business. Revenue for the quarter ended Sept. 30 rose 0.5% to approximately $656 million from $653 million a year earlier. On a currency-neutral basis, sales increased 0.7%. The company reaffirmed its full-year revenue outlook and said it expects growth to land near the midpoint of its forecast range. President and Chief Operating Officer Jon DiVincenzo said the results marked progress in improving performance, although demand remained uneven across the company's end markets. Diagnostics growth offsets life sciences decline. Clinical diagnostics sales rose 2.7% on a reported basis to approximately $402 million, or 2.8% on a currency-neutral basis. Chief Financial Officer Roop Lakkaraju attributed the increase to the timing of orders for quality systems and diabetes products. Growth came from the Americas and Asia Pacific. Life sciences revenue fell 2.8% to $255 million, including a 2.4% currency-neutral decline. Lakkaraju said lower process chromatography sales and challenges in academic research weighed on the segment, partly offset by higher digital PCR instrument sales. Excluding process chromatography, life sciences sales grew 2.5% on a currency-neutral basis. Bio-Rad's Droplet Digital PCR, or ddPCR, portfolio grew 7%, with instrument revenue up more than 20% for the third consecutive quarter. DiVincenzo said instrument sales benefited from customers switching from traditional PCR technology and competitive wins. Consumable sales tied to those instruments have improved but have not yet reached normal levels, he said, adding that the delay could continue into 2027. He also cautioned that the company could not project continued instrument growth of 20% as comparisons become more difficult. Margins improve despite restructuring charges. Bio-Rad reported a GAAP operating loss of approximately $50 million, compared with operating income of approximately $65 million a year earlier. Results included restructuring charges and a roughly $50 million non-cash impairment of purchased intangible assets in the life sciences segment. On a non-GAAP basis, gross margin improved to 54.5% from 53.5% a year earlier, while operating margin rose to 12.8% from 11.8%. Non-GAAP net income was $72 million, or $2.65 per diluted share, compared with $61 million, or $2.26 per share, in the prior-year quarter. The non-GAAP figures exclude changes in the equity value of Bio-Rad's stake in Sartorius AG, among other items. Lakkaraju said the company still expects $30 million to $35 million in savings from its restructuring plan, but that the full amount would take effect starting in 2028. He said Bio-Rad believes it can achieve operating margins above 20% over time. Company reaffirms outlook amid market pressures. Bio-Rad reaffirmed its forecast for full-year currency-neutral revenue growth of between a decline of 3% and an increase of 0.5%. It expects fourth-quarter reported revenue to rise 5% to 6% sequentially, in line with typical seasonality. The company expects full-year non-GAAP gross margin in the upper half of its 53% to 54% guidance range and non-GAAP operating margin in the upper half of its 10% to 12% range. It also reaffirmed its free cash flow forecast of approximately $290 million to $340 million. For 2027, Lakkaraju said Bio-Rad would focus on returning to positive revenue growth and further expanding margins, but the company plans to provide formal guidance with its year-end results. Management described continued pressure in U.S. academic and government markets and said its fourth-quarter forecast does not assume a recovery there. China returned to growth in the third quarter, though DiVincenzo attributed much of the improvement to orders shifted from the second quarter and a favorable year-earlier comparison. Bio-Rad estimates updated Chinese diagnostic pricing guidelines could reduce 2027 revenue by a mid-single-digit millions amount. Innovation and capital priorities. Bio-Rad launched its ChemiDoc Pro imaging system during the quarter. DiVincenzo said the system's analytical algorithm was developed using artificial intelligence trained on thousands of Western blot images. The company also expanded its Foresight Pro chromatography column portfolio. CEO Norman Schwartz said Bio-Rad was evaluating candidates to expand its board with additional life sciences and diagnostics operating experience. He described the company's dialogue with Elliott Management as "active and productive." Lakkaraju said Bio-Rad would continue to approach share repurchases opportunistically and consider acquisitions with roughly $100 million to $500 million in revenue. He also said the company's position on its Sartorius stake had not changed: Bio-Rad could monetize the asset if it found a scenario in which doing so made sense. About Bio-Rad Laboratories (NYSE:BIO). Bio-Rad Laboratories, Inc develops, manufactures and markets products and systems used in life science research and clinical diagnostics. Its life science portfolio includes laboratory instruments, reagents, software and consumables used in areas such as genomics, proteomics, cell biology, biopharmaceutical development and quality control. The company's clinical diagnostics business provides systems, reagents and software for blood typing, infectious disease testing, diabetes monitoring, quality control and other diagnostic applications.

Yahoo Finance
Nov 5th, 2026
Bio-Rad Q3 revenue edges up 0.5% to $656M as diagnostics offset life sciences decline

Bio-Rad Laboratories reported third-quarter revenue of about $656 million, up 0.5% from $653 million a year earlier. It was the company's first currency-neutral increase of 2026, at 0.7%. Clinical diagnostics sales rose 2.7% to about $402 million. Life sciences revenue fell 2.8% to $255 million, though digital PCR instrument revenue grew more than 20% for a third straight quarter. Non-GAAP net income was $72 million, or $2.65 per diluted share, against $61 million a year earlier. The company posted a GAAP operating loss of about $50 million, including a roughly $50 million non-cash impairment charge. Bio-Rad reaffirmed its full-year outlook and expects free cash flow of $290 million to $340 million.

MarketScreener
Oct 29th, 2026
Bio-Rad to participate in fireside chat during UBS Global Healthcare Conference.

Bio-Rad to participate in fireside chat during UBS Global Healthcare Conference. Published on 10/29/2026 at 04:31 pm EDT Business Wire Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B), a global leader in life science research and clinical diagnostics products, today announced that its Chief Financial Officer, Roop K. Lakkaraju, will participate in a fireside chat event during the UBS Global Healthcare Conference on Tuesday, November 10, 2026, at 8:00 AM Eastern Time. A live webcast and subsequent replay of the event will be available in the Investor Relations section of Bio-Rad's website at investors.bio-rad.com. About Bio-Rad Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B) is a leader in developing, manufacturing, and marketing a broad range of products for the life science research and clinical diagnostics markets. Based in Hercules, California, Bio-Rad operates a global network of research, development, manufacturing, and sales operations with approximately 7,400 employees, and $2.6 billion in revenues in 2025. Our customers include universities, research institutions, hospitals, and biopharmaceutical companies, as well as clinical, food safety, and environmental quality laboratories. Together, we develop innovative, high-quality products that advance science and save lives. To learn more, visit bio-rad.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20261029474771/en/ (C) Business Wire - 2026

MarketBeat
Sep 25th, 2026
Bio-Rad Laboratories bets on Digital PCR, margins and smarter M&A growth.

Bio-Rad Laboratories bets on Digital PCR, margins and smarter M&A growth. September 25, 2026 Key points. * Digital PCR is Bio-Rad's main growth opportunity: The company is expanding its droplet-based PCR portfolio through the Stilla acquisition, which has delivered double-digit growth, while pursuing longer-term diagnostic applications. * Demand remains uneven across life-science markets: Later-stage biopharma and Asia-Pacific markets excluding China are improving, but early-stage biotech, cell and gene therapy, academic funding and European research spending remain pressured. * Bio-Rad is tightening its strategy to improve profitability: Management is shifting M&A toward commercially established companies with differentiated technology and synergies, while restructuring operations to target a mid-teens operating margin within the next few years. * Interested in Bio-Rad Laboratories? Here are five stocks we like better. Bio-Rad Laboratories NYSE: BIO is pursuing a multi-year effort to improve growth, expand margins and strengthen free cash flow, with management emphasizing portfolio focus, operating discipline and a more selective approach to acquisitions. Speaking at a Bernstein conference, Chief Financial Officer Roop Lakkaraju said the company's relatively new executive team has been assessing its businesses from the ground up, including where Bio-Rad has a competitive advantage and where it may need to change its technology or portfolio. "We are operators," Lakkaraju said, describing a leadership group that has experience evolving businesses in difficult markets. The company is focused on identifying markets where it has a "right to win," using M&A as a potential supplement to growth, and improving margins and cash generation. Digital PCR remains a central growth area. Lakkaraju highlighted Bio-Rad's Droplet Digital PCR business as a key opportunity. Digital PCR enables absolute quantitation and is particularly applicable to rare-event detection, he said, citing oncology, minimal residual disease and wastewater management as examples. Bio-Rad's droplet-based approach, assay library of more than 400,000 assays and more than 12,000 technical publications using its digital PCR technology support its market position, according to Lakkaraju. He said next-generation sequencing and PCR are generally complementary rather than directly substitutive technologies. Sequencing can identify what researchers are looking at, while PCR can be used for absolute or approximate quantitation, he said. Research labs commonly use multiple technologies, including real-time PCR, qPCR, digital PCR and sequencing, depending on the application. The company's acquisition of Stilla Technologies, which closed June 30 of the prior year, broadened its digital PCR lineup to include entry-level instruments. Lakkaraju said Bio-Rad had previously been concentrated in mid- to high-end applications and lacked an entry-level product as instrument price points declined. Stilla's QX700 products have supported double-digit growth over the past three quarters, ranging from low double-digit growth to more than 20%, Lakkaraju said. He also described the products' modular architecture as a potential source of future research-and-development leverage. Discover more Trade Financial Derivatives Explore Top Audiobooks Bio-Rad currently uses partnerships with companies including Biodesix, Gencove and Insight Molecular to apply its digital PCR technology in diagnostic settings. Lakkaraju said the company sees a longer-term opportunity to expand digital PCR further into diagnostics. Uneven research markets continue to affect demand. Lakkaraju said market conditions remain challenging across life-science tools and diagnostics. Bio-Rad has historically had meaningful exposure to academic and government customers as well as early-stage biopharma companies, including those involved in cell and gene therapy. While later-stage and commercial-stage biotechnology customers have shown improvement, early-stage biotech spending has remained weaker, he said. Funding and activity in cell and gene therapy are below prior levels, according to Lakkaraju. The company is evaluating ways to participate more in later-stage biopharma activity, though replacing technology already used in clinical programs can be difficult. Bio-Rad may instead seek opportunities in new customer programs, he said. In academic and government markets, Lakkaraju said instrument sales of QX700 products suggest customers are continuing to invest in research despite a soft environment. However, customer sentiment remains cautious, particularly in the U.S., amid uncertainty about whether expected funding will be received. He said changes in how the National Institutes of Health deploys funding, including a greater emphasis on multi-year grants, have created uncertainty for research institutions. The White House was seeking further reductions to the 2026 NIH budget, while Congress was pushing for at least flat funding, according to Lakkaraju. Elsewhere, he said funding conditions in Europe have deteriorated as governments direct spending toward areas such as defense and energy. Asia-Pacific markets excluding China have been positive for Bio-Rad, while conditions in China remain uncertain. China represents a mid-single-digit percentage of Bio-Rad revenue and is more weighted toward diagnostics than tools, he said. M&A strategy shifts toward commercially established assets. Lakkaraju acknowledged that some earlier acquisitions, including Dropworks and Curiosity Diagnostics, resulted in impairments. He said Bio-Rad had spent much of the prior eight to 10 years pursuing early-stage technology companies, which required the company to develop, productize and commercialize the acquired technology. The company has since shifted its approach toward businesses with products already in the market, existing revenue and established market positions. Bio-Rad is not seeking transformative acquisitions, Lakkaraju said, but is targeting companies in the roughly $100 million to $500 million revenue range across tools or diagnostics. Acquisitions must provide differentiated technology and potential synergies in areas such as R&D, commercial infrastructure or manufacturing, rather than simply add revenue, he said. Lakkaraju also addressed Bio-Rad's stake in Sartorius, calling it a monetizable asset but saying Bio-Rad is not interested in, nor able to, acquire Sartorius. He said Bio-Rad's priority is improving its own operations, growth and cash flow. Restructuring and margin goals. Bio-Rad announced restructurings in February 2025 and the second quarter of 2026. Lakkaraju said the actions were part of a methodical effort to align the company's cost structure with its strategy, rather than restructurings undertaken solely for cost reduction. He said customer focus remains central to the company's plans, while management is also working to retain employee engagement through communication and direct engagement with teams worldwide. Looking ahead, Lakkaraju said Bio-Rad aims to reach a mid-teens operating margin within the next few years. He characterized that target as a point along a broader journey toward peer-level operating margins, supported by more consistent top-line growth. About Bio-Rad Laboratories (NYSE:BIO). Bio-Rad Laboratories, Inc is a life science research and clinical diagnostics company headquartered in Hercules, California. Founded in 1952 by David and Alice Schwartz, the company develops, manufactures and markets products used by academic, pharmaceutical, biotechnology, healthcare and government customers. Its Life Science segment provides instruments, reagents, consumables and software for applications including genomics, digital PCR, gene expression analysis, protein purification, cell biology and biopharmaceutical quality control. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Bio-Rad Laboratories, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bio-Rad Laboratories wasn't on the list. While Bio-Rad Laboratories currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain - combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list. Continue following MarketBeat

Zyme Communications
Sep 1st, 2026
Bio-Rad expands Foresight Pro prepacked chromatography Columns with Nuvia ion exchange and mixed-mode resins for biomanufacturing.

Bio-Rad expands Foresight Pro prepacked chromatography Columns with Nuvia ion exchange and mixed-mode resins for biomanufacturing. Extended Range of Process-Scale Columns Prepacked with CEX, AEX, CEX-HIC, and AEX-HIC Chromatography Resins Provides an Effective Solution for Purification of Biomolecules in Downstream Processing HERCULES, Calif. - September 01, 2026 - Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B), a global leader in life science research and clinical diagnostics products, today announced the launch of prepacked process-scale Foresight(TM) Pro chromatography columns packed with Bio-Rad's scalable Nuvia(TM) chromatography resins, for downstream process-scale chromatography applications throughout the various stages in biological drug development and manufacturing. The extended range includes columns packed with anion exchangers (AEX) Nuvia Q Media and Nuvia HP-Q Media, cation exchanger (CEX) Nuvia HR-S Media, and mixed-mode (MM) resins Nuvia cPrime Media, a CEX-hydrophobic interaction chromatography (CEX-HIC) resin, and Nuvia aPrime 4A Media, an AEX-HIC chromatography resin. These options expand the existing family of Foresight Pro columns packed with CHT(TM) Ceramic Hydroxyapatite Media Type I, Type II, and XT, which have been incorporated into various regulatory-approved processes worldwide. Columns prepacked with Nuvia resins are now available with internal diameters (ID) of 5 to 13 cm and bed heights of 10 and 20 cm. Columns with IDs of 20 to 45 cm are also in development with anticipated availability in early 2027. Nuvia chromatography resins use Bio-Rad's Nuvia bead technology, featuring a polyacrylamide (acrylamide polymer) base bead suitable for laboratory-scale purification, process development, pilot-scale production, and commercial biomanufacturing applications. Bio-Rad's Nuvia resins are designed to have minimal non-specific binding reactions, due to the hydrophilic nature of the bead polymer, and maintain a constant dynamic binding capacity over a wide range of flow rates. The Nuvia bead allows for fast mass transfer and is chemically and mechanically stable over a wide range of conditions. All Bio-Rad Foresight Pro Columns are manufactured in a controlled ISO Class 7 cleanroom, providing good manufacturing practice (GMP) ready columns. The prepacked columns' standardized design and format can provide a more cost-effective and flexible solution than customer-packed columns, and columns are available in a range of diameters and bed volumes. "The new Nuvia prepacked Foresight Pro chromatography columns build on the strong market response to our original CHT Ceramic Hydroxyapatite Media columns, which launched in 2022," said Diab Elmashni, Director, Process Chromatography Business at Bio-Rad Laboratories. "Customers asked us for column options built around different resins, and this line is our response. What sets these columns apart is that each one is packed using media from a single production lot, instead of blending multiple resin batches together during packing. That single-lot approach is what makes our Foresight Pro Columns a genuinely unique, single-source offering, providing biopharma customers with superior technical, application, and product support." BIO-RAD, NUVIA, CHT, and FORESIGHT are trademarks of Bio-Rad Laboratories, Inc. in certain jurisdictions. The Foresight Pro Column hardware design is covered by U.S. Patent Number 11,841,350 and foreign counterparts. Nuvia aPrime 4A Media is covered by U.S. Patent Numbers 9,669,402 and 10,682,640, and foreign counterparts. Nuvia cPrime Media is covered by U.S. Patent Numbers 9,309,282, 10,792,654, and 11,590,486, and foreign counterparts.

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