Bio-Techne (TECH) Research & Development (2009 - 2026)
Bio-Techne's Research & Development was $23.95 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 8.0% from $26.03 million a year earlier but up 2.1% from the prior quarter.
Bio-Techne (TECH) Research & Development (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Research & Development at Bio-Techne came in at $94.77 million, down 4.8% from FY2025.
- Research & Development shows a five-year compound annual growth rate of 6.1% (FY2021 to FY2026).
- In earlier fiscal years, Research & Development was $99.5 million in FY2025 (+2.9%), $96.66 million in FY2024 (+4.5%), $92.49 million in FY2023 (+6.1%) and $87.14 million in FY2022 (+23.4%).
- Quarterly Research & Development has moved between $20.65 million (fiscal Q2 2022) and $26.03 million (fiscal Q4 2025) over five years.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with an average decline of 0.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q1 2022 (growth of 34.7%); the worst was fiscal Q4 2026 (a decline of 8.0%).
- Per Business Quant data, TECH's Research & Development in the three fiscal quarters before Q4 2026 was $23.46 million (Q3 2026), $23.13 million (Q2 2026) and $24.24 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Bio-Techne | 11.32 Bn | 10.53 Bn | 211.39 Mn | 23.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.95 Mn |
| Mar 31, 2026 | 23.46 Mn |
| Dec 31, 2025 | 23.13 Mn |
| Sep 30, 2025 | 24.24 Mn |
| Jun 30, 2025 | 26.03 Mn |
| Mar 31, 2025 | 24.58 Mn |
| Dec 31, 2024 | 25.02 Mn |
| Sep 30, 2024 | 23.87 Mn |
| Jun 30, 2024 | 23.99 Mn |
| Mar 31, 2024 | 25.76 Mn |
| Dec 31, 2023 | 22.92 Mn |
| Sep 30, 2023 | 24.00 Mn |
| Jun 30, 2023 | 23.42 Mn |
| Mar 31, 2023 | 22.71 Mn |
| Dec 31, 2022 | 22.46 Mn |
| Sep 30, 2022 | 23.90 Mn |
| Jun 30, 2022 | 23.15 Mn |
| Mar 31, 2022 | 21.74 Mn |
| Dec 31, 2021 | 20.65 Mn |
| Sep 30, 2021 | 21.60 Mn |
Bio-Techne 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=TECH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TECH", "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=TECH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();