The financials
BioLife Solutions, Inc. by the numbers
BioLife Solutions, Inc. (BLFS) reported revenue of $28M in Q2 2026 (quarter ended June 30, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 64% and net income of $45M (158% of revenue). For the full year FY2025, revenue was $96M (+29% year on year) and net income −$4.6M. Its largest product in 2025-Q3 was Product Cell Processing at $25M, 85% of the disclosed total, just ahead of Rental Revenue Evo And Thaw at 6.0%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $28M | $23M | +21% |
| Gross profit | $18M | $15M | +20% |
| Operating income | $1.7M | −$16M | to a profit |
| Net income | $45M | −$16M | to a profit |
| Diluted EPS | $0.91 | −$0.33 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Product Cell Processing | $25M | 85% |
| Rental Revenue Evo And Thaw | $1.8M | 6.0% |
| Rental | $1.8M | 6.0% |
| Product Evo And Thaw | $968K | 3.2% |
| Service Evo And Thaw | $26K | 0.1% |
| Service | $26K | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2025Total $29.9M (+10%)
Product Cell Processing grew +33% year on yearProduct Evo And Thaw +7.9% year on year
Segment Latestquarter on quarteryear on year
- Product Cell Processing$25.3M$25.3MQoQ +10%year on year +33%+10%+33%
- Rental Revenue Evo And Thaw$1.8M$1.8MQoQ +6.9%year on year +24%+6.9%+24%
- Rental$1.8M$1.8MQoQ +6.9%year on year +24%+6.9%+24%
- Product Evo And Thaw$968.0K$968.0KQoQ +19%year on year +7.9%+19%+7.9%
- Service Evo And Thaw$26.0K$26.0KQoQ -28%year on year +30%-28%+30%
- Service$26.0K$26.0KQoQ -28%year on year +30%-28%+30%
- Product Biostorage Services--QoQ -year on year ---
- Product Freezer And Thaw--QoQ -year on year ---
- Rental Revenue Biostorage Services--QoQ -year on year ---
- Service Biostorage Services--QoQ -year on year ---
- Service Freezer And Thaw--QoQ -year on year ---
Medical Instruments & Supplies
Ranks #2 of 27 by Smart Score