BIO-RAD LABORATORIES INC
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
BIO-B$389.98+2.8%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Income
(In millions, except number of shares, which are reflected in thousands, and per share data)
(Unaudited)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2025 | 2024 | |
| Net sales | $585.4 | $610.8 |
| Cost of goods sold | 279.4 | 284.9 |
| Gross profit | 306.0 | 325.9 |
| Selling, general and administrative expense | 208.8 | 214.9 |
| Research and development expense | 73.5 | 66.4 |
| Income from operations | 23.7 | 44.6 |
| Interest expense | 12.0 | 12.3 |
| Foreign currency exchange gains, net | (2.7) | (2.0) |
| Gains from change in fair market value of equity securities and loan receivable | (31.8) | (422.2) |
| Other income, net | (37.2) | (34.6) |
| Income before income taxes | 83.4 | 491.1 |
| Provision for income taxes | (19.4) | (107.2) |
| Net income | $64.0 | $383.9 |
| Basic earnings per share: | ||
| Net income per basic share | $2.29 | $13.46 |
| Weighted average common shares - basic | 27,941 | 28,518 |
| Diluted earnings per share: | ||
| Net income per diluted share | $2.29 | $13.45 |
| Weighted average common shares - diluted | 27,955 | 28,537 |
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