How Bio-Rad Laboratories makes money

Period

FY2025

How does Bio-Rad Laboratories make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Bio-Rad Laboratories Inc. · FY2025 · year ended 2025-12-31

Revenue$2.6BGross profit$1.3B · 52%Cost of revenue$1.2B · 48%Operating income$47M · 2%Operating expenses$1.3B · 50%R&D$276M · 11%SG&A$844M · 33%Other opex$173M · 7%Pre-tax income$996M · 39%Other income$948M · 37%Net income$760M · 29%Income tax$236M · 9%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.