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How Bio-Rad Laboratories (BIO) makes money

Bio-Rad Laboratories (BIO) made $656M of revenue in the third quarter 2026 (Q3 2026), +0.5% from a year earlier. Clinical Diagnostics brought in $402M (61%); Life Science brought in $255M (39%).

Drawing the Sankey…

Bio-Rad Laboratories revenue by segment, Q3 2026Bio-Rad Laboratories revenue by segment, Q3 2026Clinical Diagnostics$402MLife Science$255M
Bio-Rad Laboratories: revenue by line, Q1 2025 to Q3 2026Bio-Rad Laboratories: revenue by line, Q1 2025 to Q3 2026Clinical DiagnosticsLife ScienceClinical Diagnostics: $402M latest$402MLife Science: $255M latest$255MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Bio-Rad Laboratories revenue by quarterBio-Rad Laboratories revenue by quarter$585MQ1 2025$652MQ2 2025$653MQ3 2025$693MQ4 2025$592MQ1 2026$651MQ2 2026$656MQ3 2026
Bio-Rad Laboratories: where each dollar of revenue goesBio-Rad Laboratories: where each dollar of revenue goesIncome tax12¢Operating cash flow15¢Free cash flow10¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Clinical Diagnostics$402M61.2%+0.7%+3%
Life Science$255M38.8%+1%-3%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$656M100.0%
Income tax$80.1M12.2%
Operating cash flow$96.4M14.7%
Free cash flow$65.2M9.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$656M+0.5%
Q2 2026$651M-0.1%
Q1 2026$592M+1%
Q4 2025$693M+4%
Q3 2025$653M+0.5%
Q2 2025$652M+2%
Q1 2025$585M-4%

From Bio-Rad Laboratories' 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Bio-Rad Laboratories make money?

Bio-Rad Laboratories (BIO) made $656M of revenue in the third quarter 2026 (Q3 2026), +0.5% from a year earlier. Clinical Diagnostics brought in $402M (61%); Life Science brought in $255M (39%).

What is Bio-Rad Laboratories' biggest business?

Clinical Diagnostics: $402M in the third quarter 2026, 61% of revenue, +3% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.