Bio-Rad Laboratories (BIO) Research & Development (2009 - 2026)
Bio-Rad Laboratories (BIO) reported Research & Development of $62.9 million for Q1 2026, down 14.42% year-over-year from $73.5 million in Q1 2025, and down 10.53% quarter-over-quarter from $70.3 million in Q4 2025.
Bio-Rad Laboratories (BIO) Research & Development (2009 - 2026) Analysis & Trends
Bio-Rad Laboratories (BIO) has 18 years of Research & Development data on file, last reported at $62.9 million in Q1 2026.
- Research & Development for Q1 2026 came in at $62.9 million, down 14.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $265.0 million (down 12.54% YoY), and the FY2025 annual result was $275.6 million, down 6.86% from the prior year.
- Research & Development slipped to $62.9 million in Q1 2026 per BIO's latest filing, from $70.3 million in the prior quarter.
- Over five years, Research & Development peaked at $91.0 million in Q3 2024 and troughed at $43.5 million in Q3 2023.
- A 5-year average of $67.0 million and a median of $66.2 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development tumbled 34.84% in 2023, then soared 109.03% in 2024.
- A 5-year view of Research & Development shows it stood at $66.2 million in 2022, then retreated by 3.53% to $63.9 million in 2023, then gained by 24.62% to $79.6 million in 2024, then declined by 11.68% to $70.3 million in 2025, then decreased by 10.53% to $62.9 million in 2026.
- Business Quant data shows BIO's Research & Development at $62.9 million in Q1 2026, $70.3 million in Q4 2025, and $71.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Bio-Rad Laboratories | 7.62 Bn | 6.05 Bn | 309.40 Mn | 62.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.90 Mn |
| Dec 31, 2025 | 70.30 Mn |
| Sep 30, 2025 | 71.30 Mn |
| Jun 30, 2025 | 60.50 Mn |
| Mar 31, 2025 | 73.50 Mn |
| Dec 31, 2024 | 79.60 Mn |
| Sep 30, 2024 | 91.00 Mn |
| Jun 30, 2024 | 58.90 Mn |
| Mar 31, 2024 | 66.40 Mn |
| Dec 31, 2023 | 63.87 Mn |
| Sep 30, 2023 | 43.54 Mn |
| Jun 30, 2023 | 65.04 Mn |
| Mar 31, 2023 | 74.95 Mn |
| Dec 31, 2022 | 66.21 Mn |
| Sep 30, 2022 | 66.81 Mn |
| Jun 30, 2022 | 64.35 Mn |
| Mar 31, 2022 | 59.54 Mn |
| Dec 31, 2021 | 58.85 Mn |
| Sep 30, 2021 | 64.48 Mn |
| Jun 30, 2021 | 63.39 Mn |