Bio-Rad Laboratories (BIO) Research & Development (2009 - 2026)
Bio-Rad Laboratories' Research & Development was $71.4 million in Q3 2026, up 0.1% from $71.3 million a year earlier and up 16.7% from the prior quarter.
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Analysis
Bio-Rad Laboratories (BIO) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bio-Rad Laboratories' Research & Development was $265.8 million through Sep 30, 2026, down 6.7% year-over-year; for FY2025, it was $275.6 million, down 6.9% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In earlier years, Research & Development was $295.9 million in FY2024 (+19.6%), $247.4 million in FY2023 (-3.7%), $256.9 million in FY2022 (-1.4%) and $260.64 million in FY2021 (+19.7%).
- The Q3 2026 figure marks the highest quarterly Research & Development since Q1 2025.
- Compared with a year earlier, Research & Development was higher in five of the last eight quarters, with an average decline of 1.1%.
- The best year-over-year quarter for Research & Development over five years was Q3 2024 (growth of 109.0%); the worst was Q3 2023 (a decline of 34.8%).
- Per Business Quant data, BIO's Research & Development in the three quarters before Q3 2026 was $61.2 million (Q2 2026), $62.9 million (Q1 2026) and $70.3 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Bio-Rad Laboratories | 9.85 Bn | 3.46 Bn | 328.60 Mn | 71.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 71.40 Mn |
| Jun 30, 2026 | 61.20 Mn |
| 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 |
API Access
Bio-Rad Laboratories Research & Development 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=research-and-development&ticker=BIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();