Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026)
Bio-Rad Laboratories' (BIO) quarterly Tax Rate came in at 31.49% in Q2 2026, up 825.0% year-over-year from 3.4% in Q2 2025, and up 33.5% quarter-over-quarter from 23.59% in Q1 2026.
Analysis
Bio-Rad Laboratories (BIO) Tax Rate (2009 - 2026) Analysis & Trends
Bio-Rad Laboratories (BIO) has reported Tax Rate for 18 consecutive years, with 31.49% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 825.0% year-over-year to 31.49% in Q2 2026; TTM through Jun 2026 was 36.53%, a 745.0% increase from a year earlier, with the FY2025 full-year figure at 23.67%, up 239.0% from the prior year.
- Tax Rate was 31.49% for Q2 2026 at Bio-Rad Laboratories, up from 23.59% in the prior quarter.
- Over five years, Tax Rate peaked at 31.49% in Q2 2026 and troughed at 18.36% in Q4 2023.
- A 5-year average of 22.73% and a median of 22.53% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 579 bps in 2023 and jumped 825 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 24.15% in 2022, then declined by 24 bps to 18.36% in 2023, then gained by 16 bps to 21.25% in 2024, then climbed by 6 bps to 22.51% in 2025, then jumped by 40 bps to 31.49% in 2026.
- The last three Tax Rate figures came in at 31.49% (Q2 2026), 23.59% (Q1 2026), and 22.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 224.92 Bn | 220.85 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 144.67 Bn | 140.33 Bn | 3.61 Bn | 19.29% |
| 3 | Agilent Technologies | 41.02 Bn | 39.26 Bn | 1.04 Bn | 18.47% |
| 4 | Illumina | 31.29 Bn | 30.12 Bn | 770.00 Mn | 20.38% |
| 5 | Revvity | 13.86 Bn | 12.84 Bn | 416.87 Mn | 15.82% |
| 6 | Bio-Techne | 11.27 Bn | 11.01 Bn | 211.39 Mn | 22.72% |
| 7 | Bio-Rad Laboratories | 10.12 Bn | 8.50 Bn | 345.80 Mn | 31.49% |
| 8 | Repligen | 9.31 Bn | 8.29 Bn | 110.04 Mn | 64.62% |
| 9 | 10x Genomics | 8.66 Bn | 8.10 Bn | 112.50 Mn | 3.83% |
| 10 | Bruker | 8.27 Bn | 8.06 Bn | 416.00 Mn | -27.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.49% |
| Mar 31, 2026 | 23.59% |
| Dec 31, 2025 | 22.51% |
| Sep 30, 2025 | 20.69% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 23.26% |
| Dec 31, 2024 | 21.25% |
| Sep 30, 2024 | 24.19% |
| Jun 30, 2024 | 22.28% |
| Mar 31, 2024 | 21.83% |
| Dec 31, 2023 | 18.36% |
| Sep 30, 2023 | 22.50% |
| Jun 30, 2023 | 22.54% |
| Mar 31, 2023 | 18.70% |
| Dec 31, 2022 | 24.15% |
| Sep 30, 2022 | 21.47% |
| Jun 30, 2022 | 24.18% |
| Mar 31, 2022 | 22.91% |
| Dec 31, 2021 | 22.78% |
| Sep 30, 2021 | 21.79% |