Bio-Rad Laboratories (BIO) Research & Development (2009 - 2026)
Bio-Rad Laboratories' (BIO) quarterly Research & Development came in at $62.9 million in Q1 2026, down 14.42% year-on-year from $73.5 million in Q1 2025, and down 10.53% on a QoQ basis 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.
- On a quarterly basis, Research & Development fell 14.42% year-over-year to $62.9 million in Q1 2026; TTM through Mar 2026 was $265.0 million, a 12.54% decrease from a year earlier, with the FY2025 full-year figure at $275.6 million, down 6.86% from the prior year.
- Research & Development for Q1 2026 stood at $62.9 million, down from $70.3 million in the prior quarter.
- Over the last five years, Research & Development for BIO reached as high as $91.0 million in Q3 2024 and fell as low as $43.5 million in Q3 2023.
- Historically, Research & Development has averaged $67.0 million across 5 years, with a median of $66.2 million in 2022.
- Across the five-year window, Research & Development sank 34.84% in 2023 and jumped 109.03% in 2024, its largest moves.
- Year by year, Research & Development stood at $66.2 million in 2022, then dropped by 3.53% to $63.9 million in 2023, then grew by 24.62% to $79.6 million in 2024, then decreased by 11.68% to $70.3 million in 2025, then declined by 10.53% to $62.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Bio-Rad Laboratories | 8.53 Bn | 6.97 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 |