Avantor (AVTR) revenue breakdown

· Market cap $10.7B

By segment, Laboratory Solutions is the largest at 67% of fiscal 2025 revenue; Bioscience Production grew fastest, 24% a year over 8 years.

By product, Proprietary is the largest at 53% of fiscal 2025 revenue, growing 11% a year over 7 years.

Revenue by segment

Fiscal years, as Avantor reports them in its 10-K filings; fiscal 2025 total $6.6B.

Segments201720182019202020212022202320242025Share
Laboratory Solutions—————$5.0B$4.7B$4.6B$4.4B 67%
Bioscience Production$381M$2.1B$2.1B$2.3B$2.7B$2.5B$2.2B$2.2B$2.2B 33%
Americas$688M$3.5B$3.6B$3.7B$4.2B———— —
AMEA$178M$308M$354M$375M$471M———— —

Revenue by product

Fiscal years, as Avantor reports them in its 10-K filings; fiscal 2025 total $6.6B.

Products20182019202020212022202320242025Share
Proprietary$1.7B$1.8B$2.0B$2.5B$4.0B$3.7B$3.6B$3.4B 53%
Third-party$2.6B$2.6B$2.7B$2.9B$3.5B$3.2B$3.2B$3.1B 47%
Equipment & instrumentation$909M$912M$861M$1.0B———— —
Services & specialty procurement$696M$779M$818M$923M———— —
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Questions

Where does Avantor make its money?

In fiscal 2025, by segment: Laboratory Solutions $4.4B, Bioscience Production $2.2B.

From Avantor's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.