Bio-Techne (TECH) Operating Expenses (2009 - 2026)
Bio-Techne (TECH) recorded quarterly Operating Expenses of $132.8 million in Q1 2026, down 2.94% quarter-over-quarter from $136.8 million in Q4 2025, and down 24.48% on a YoY basis from $175.8 million in Q1 2025.
Bio-Techne (TECH) Operating Expenses (2009 - 2026) Analysis & Trends
Bio-Techne's Operating Expenses history runs 18 years deep, the most recent figure standing at $132.8 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 24.48% year-over-year to $132.8 million; the TTM figure through Mar 2026 stood at $632.7 million (up 1.58% YoY), while the FY2025 annual figure was $688.0 million, up 22.2% from the prior year.
- Operating Expenses was $132.8 million for Q1 2026 at Bio-Techne, down from $136.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $222.7 million in Q2 2025 to a low of $110.2 million in Q2 2023.
- Historically, Operating Expenses has averaged $139.0 million across 5 years, with a median of $136.8 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses jumped 42.98% in 2024, then declined 24.48% in 2026.
- A 5-year view of Operating Expenses shows it stood at $115.5 million in 2022, then advanced by 20.02% to $138.6 million in 2023, then grew by 5.69% to $146.5 million in 2024, then dropped by 6.59% to $136.8 million in 2025, then retreated by 2.94% to $132.8 million in 2026.
- The last three Operating Expenses figures came in at $132.8 million (Q1 2026), $136.8 million (Q4 2025), and $140.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Bio-Techne | 9.04 Bn | 8.83 Bn | 208.29 Mn | 132.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 132.79 Mn |
| Dec 31, 2025 | 136.82 Mn |
| Sep 30, 2025 | 140.45 Mn |
| Jun 30, 2025 | 222.67 Mn |
| Mar 31, 2025 | 175.85 Mn |
| Dec 31, 2024 | 146.47 Mn |
| Sep 30, 2024 | 143.03 Mn |
| Jun 30, 2024 | 157.53 Mn |
| Mar 31, 2024 | 137.60 Mn |
| Dec 31, 2023 | 138.58 Mn |
| Sep 30, 2023 | 129.33 Mn |
| Jun 30, 2023 | 110.17 Mn |
| Mar 31, 2023 | 121.95 Mn |
| Dec 31, 2022 | 115.47 Mn |
| Sep 30, 2022 | 123.28 Mn |
| Jun 30, 2022 | 119.78 Mn |
| Mar 31, 2022 | 111.01 Mn |
| Dec 31, 2021 | 121.34 Mn |
| Sep 30, 2021 | 107.78 Mn |
| Jun 30, 2021 | 107.36 Mn |