Bio-Techne (TECH) Tax Rate (2009 - 2026)
Bio-Techne (TECH) posted Tax Rate of 22.72% for Q2 2026, down 19.8% on a QoQ basis from 28.33% in Q1 2026, and up 22383.0% year-over-year from N/an in Q2 2025.
Analysis
Bio-Techne (TECH) Tax Rate (2009 - 2026) Analysis & Trends
Bio-Techne has reported Tax Rate for 18 years, with the latest figure at 22.72% in Q2 2026.
- On a quarterly basis, Tax Rate rose 22383.0% year-over-year to 22.72% in Q2 2026; TTM through Jun 2026 was 24.44%, a 5297.0% decrease from a year earlier, with the FY2026 full-year figure at 24.44%, down 5297.0% from the prior year.
- Tax Rate was 22.72% for Q2 2026 at Bio-Techne, down from 28.33% in the prior quarter.
- The five-year high for Tax Rate was 98.98% in Q2 2024, with the low at 201.11% in Q2 2025.
- Average Tax Rate over 5 years is 13.23%, with a median of 20.06% recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Tax Rate slumped 30008 bps in 2025, then jumped 22383 bps in 2026.
- Over 5 years, Tax Rate stood at 24.72% in 2022, then declined by 28 bps to 17.74% in 2023, then rose by 5 bps to 18.63% in 2024, then soared by 35 bps to 25.16% in 2025, then decreased by 10 bps to 22.72% in 2026.
- The last three Tax Rate figures came in at 22.72% (Q2 2026), 28.33% (Q1 2026), and 25.16% (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 | 226.93 Bn | 222.99 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn | 19.29% |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn | 18.47% |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn | 20.38% |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn | 15.82% |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn | 22.72% |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn | 31.49% |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn | 64.62% |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn | -27.84% |
| 10 | 10x Genomics | 8.16 Bn | 7.61 Bn | 112.50 Mn | 3.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.72% |
| Mar 31, 2026 | 28.33% |
| Dec 31, 2025 | 25.16% |
| Sep 30, 2025 | 20.43% |
| Jun 30, 2025 | -201.11% |
| Mar 31, 2025 | 40.98% |
| Dec 31, 2024 | 18.63% |
| Sep 30, 2024 | 16.36% |
| Jun 30, 2024 | 98.98% |
| Mar 31, 2024 | 19.69% |
| Dec 31, 2023 | 17.74% |
| Sep 30, 2023 | -2.90% |
| Jun 30, 2023 | 48.27% |
| Mar 31, 2023 | 12.44% |
| Dec 31, 2022 | 24.72% |
| Sep 30, 2022 | 13.48% |
| Jun 30, 2022 | 21.68% |
| Mar 31, 2022 | 12.55% |
| Dec 31, 2021 | 16.38% |
| Sep 30, 2021 | -2.37% |