Bio-Techne (TECH) revenue breakdown

Healthcare · Biotechnology · Market cap $11.5B

By segment, Protein Sciences is the largest at 72% of fiscal 2024 revenue; Diagnostics and Spatial Biology grew fastest, 12% a year over 7 years.

By product, Consumables is the largest at 81% of fiscal 2026 revenue; Services grew fastest, 17% a year over 9 years.

Revenue by segment

Fiscal years, as Bio-Techne reports them in its 10-K filings; fiscal 2024 total $1.2B.

Segments20172018201920202021202220232024Share
Protein Sciences$419M$482M$543M$555M$705M$832M$846M$831M 72%
Diagnostics and Spatial Biology$144M$161M$172M$185M$228M$275M$293M$326M 28%

Revenue by product

Fiscal years, as Bio-Techne reports them in its 10-K filings; fiscal 2026 total $1.2B.

Products2017201820192020202120222023202420252026Share
Consumables$477M$535M$589M$603M$752M$891M$918M$928M$972M$985M 81%
Instruments$48M$62M$68M$71M$94M$121M$112M$108M$112M$111M 9%
Services$24M$34M$38M$47M$66M$72M$86M$99M$112M$94M 8%
Royalty$15M$12M$19M$17M$19M$22M$21M$23M$24M$25M 2%

Revenue by region

Fiscal years, as Bio-Techne reports them in its 10-K filings; fiscal 2026 total $1.2B.

Regions2017201820192020202120222023202420252026Share
United States$313M$346M$391M$404M$502M$614M$642M$658M$683M$635M 52%
EMEA, excluding United Kingdom$125M$149M$156M$155M$204M$219M$220M$241M$266M$294M 24%
Greater China$39M$48M$58M$69M$88M$112M$114M$99M$100M$104M 9%
APAC, excluding Greater China$41M$48M$53M$60M$69M$76M$73M$74M$77M$86M 7%
United Kingdom$28M$34M$35M$30M$41M$49M$49M$50M$55M$56M 5%
Rest of World$16M$18M$21M$19M$27M$35M$37M$36M$38M$39M 3%
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Questions

Where does Bio-Techne make its money?

In fiscal 2024, by segment: Protein Sciences $831M, Diagnostics and Spatial Biology $326M.

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