Bio-Rad Laboratories (BIO) Operating Margin (2009 - 2026)
Bio-Rad Laboratories (BIO) posted Operating Margin of 11.15% for Q2 2026, down 0.68 percentage points from 11.83% a year earlier but up 5.39 percentage points from the prior quarter.
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Analysis
Bio-Rad Laboratories (BIO) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Bio-Rad Laboratories was 2.05%, down 6.70 percentage points year-over-year; for FY2025, it came in at 1.83%, down 8.65 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive years, with a five-year change of -14.72 percentage points (FY2020 to FY2025).
- In prior years, Bio-Rad Laboratories' Operating Margin was 10.48% in FY2024 (-2.16 pp), 12.65% in FY2023 (-4.58 pp), 17.22% in FY2022 (+0.10 pp) and 17.12% in FY2021 (+0.57 pp).
- Quarterly Operating Margin has run from a low of -17.15% in Q4 2025 to a high of 20.99% in Q3 2021 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -5.23 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2022, with a gain of 7.03 percentage points; the weakest was Q4 2025, with a drop of 25.89 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 5.76% (Q1 2026), -17.15% (Q4 2025) and 10.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 13.31% |
| 10 | Bio-Rad Laboratories | 10.15 Bn | 4.01 Bn | 345.80 Mn | 11.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.15% |
| Mar 31, 2026 | 5.76% |
| Dec 31, 2025 | -17.15% |
| Sep 30, 2025 | 10.00% |
| Jun 30, 2025 | 11.83% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 8.73% |
| Sep 30, 2024 | 9.93% |
| Jun 30, 2024 | 15.90% |
| Mar 31, 2024 | 7.30% |
| Dec 31, 2023 | 13.99% |
| Sep 30, 2023 | 14.39% |
| Jun 30, 2023 | 13.16% |
| Mar 31, 2023 | 9.15% |
| Dec 31, 2022 | 16.25% |
| Sep 30, 2022 | 13.90% |
| Jun 30, 2022 | 17.78% |
| Mar 31, 2022 | 20.91% |
| Dec 31, 2021 | 16.09% |
| Sep 30, 2021 | 20.99% |
API Access
Bio-Rad Laboratories Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();