bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026)

bioAffinity Technologies (BIAF) posted quarterly Asset Utilization Ratio of 0.6 for Q1 2026, down 59.01% year-over-year from 1.46 in Q1 2025, and up 9.35% quarter-over-quarter from 0.55 in Q4 2025.

bioAffinity Technologies (BIAF) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

bioAffinity Technologies (BIAF) has reported Asset Utilization Ratio for 4 consecutive years, with 0.6 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 59.01% year-over-year to 0.6; the TTM figure through Mar 2026 stood at 0.6 (down 59.01% YoY), while the FY2025 annual figure was 0.71, down 44.5% from the prior year.
  • Asset Utilization Ratio rose to 0.6 in Q1 2026 per BIAF's latest filing, from 0.55 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.49 in Q2 2025 and bottomed at 0.0 in Q1 2023.
  • Historically, Asset Utilization Ratio has averaged 0.75 across 4 years, with a median of 0.61 in 2024.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 119993.65% — and 2025, when it tumbled 61.79%.
  • bioAffinity Technologies' Asset Utilization Ratio stood at 0.28 in 2023, then surged by 420.91% to 1.43 in 2024, then sank by 61.79% to 0.55 in 2025, then increased by 9.35% to 0.6 in 2026.
  • Business Quant data shows BIAF's Asset Utilization Ratio at 0.6 in Q1 2026, 0.55 in Q4 2025, and 0.83 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.41
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 1.33
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.56
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.57
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 1.00
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 1.13
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.69
10 bioAffinity Technologies 2.38 Mn -721,990.64 - 0.60

Historic Data

Download Data
DateValue
Mar 31, 2026 0.60
Dec 31, 2025 0.55
Sep 30, 2025 0.83
Jun 30, 2025 1.49
Mar 31, 2025 1.46
Dec 31, 2024 1.43
Sep 30, 2024 1.42
Jun 30, 2024 0.99
Mar 31, 2024 0.61
Dec 31, 2023 0.28
Sep 30, 2023 0.03
Jun 30, 2023 0.00
Mar 31, 2023 0.00