This page shows Biolife Solutions Inc (BLFS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
BioLife has crossed into self-funded operations, with cash generation improving ahead of GAAP profitability despite still uneven operating margins.
From FY2023 to FY2025, free cash flow swung from-$18.9M to$10.6M , a major shift in how the business funds itself internally. Even before GAAP profitability, FY2025 operating cash flow was$20.1M against a-17.3% operating margin, so cash conversion is running ahead of reported operating profit today.
FY2025 revenue reached
The balance sheet is lightly leveraged—long-term debt fell to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Biolife Solutions Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Biolife Solutions Inc scores 25.36, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.5B) relative to total liabilities ($34.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Biolife Solutions Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Biolife Solutions Inc generates $-4.38 in operating cash flow ($20.1M OCF vs -$4.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Biolife Solutions Inc generated $96.2M in revenue in fiscal year 2025. This represents an increase of 28.9% from the prior year.
Biolife Solutions Inc's EBITDA was -$14.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2200.9% from the prior year.
Biolife Solutions Inc reported -$4.6M in net income in fiscal year 2025. This represents an increase of 77.2% from the prior year.
Biolife Solutions Inc earned $-0.10 per diluted share (EPS) in fiscal year 2025. This represents an increase of 77.3% from the prior year.
Cash & Balance Sheet
Biolife Solutions Inc generated $10.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 104.4% from the prior year.
Biolife Solutions Inc held $33.0M in cash against $0 in long-term debt as of fiscal year 2025.
Biolife Solutions Inc had 48M shares outstanding in fiscal year 2025. This represents an increase of 2.8% from the prior year.
Margins & Returns
Biolife Solutions Inc's gross margin was 64.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.
Biolife Solutions Inc's operating margin was -17.3% in fiscal year 2025, reflecting core business profitability. This is down 11.3 percentage points from the prior year.
Biolife Solutions Inc's net profit margin was -4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 22.3 percentage points from the prior year.
Biolife Solutions Inc's ROE was -1.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.5 percentage points from the prior year.
Capital Allocation
Biolife Solutions Inc invested $7.6M in research and development in fiscal year 2025. This represents an increase of 59.3% from the prior year.
Biolife Solutions Inc invested $9.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 193.7% from the prior year.
BLFS Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $27.5M+33.0% | $20.7M-26.3% | $28.1M+10.4% | $25.4M+15.3% | $22.1M+46.0% | $15.1M-29.4% | $21.4M+8.5% | $19.7M |
| Cost of Revenue | $10.0M | N/A | N/A | N/A | $7.3M | N/A | N/A | N/A |
| Gross Profit | $17.5M | N/A | N/A | N/A | $14.8M | N/A | N/A | N/A |
| R&D Expenses | $2.6M+279.1% | $699K-74.2% | $2.7M-0.4% | $2.7M+89.0% | $1.4M+215.5% | -$1.2M-165.8% | $1.9M-6.7% | $2.0M |
| SG&A Expenses | $12.2M+14.1% | $10.7M-11.4% | $12.1M+5.9% | $11.4M+0.4% | $11.4M-2.0% | $11.6M+24.2% | $9.3M+0.1% | $9.3M |
| Operating Income | $27K-95.7% | $629K+806.7% | -$89K+99.5% | -$16.6M-3235.3% | -$499K-192.1% | $542K+229.7% | -$418K+68.0% | -$1.3M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $62K+135.8% | -$173K-311.0% | $82K-34.9% | $126K+800.0% | $14K-41.7% | $24K+130.0% | -$80K-8100.0% | $1K |
| Net Income | $1.2M-89.3% | $11.1M+1682.6% | $621K+103.9% | -$15.8M-3435.3% | -$448K-103.6% | $12.5M+831.6% | -$1.7M+91.8% | -$20.7M |
| EPS (Diluted) | $0.02 | N/A | $0.01+103.0% | $-0.33 | $0.00 | N/A | $-0.04+91.1% | $-0.45 |
BLFS Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $400.9M-1.2% | $405.9M+3.5% | $392.1M+1.3% | $387.2M-2.0% | $395.1M-1.1% | $399.5M+4.7% | $381.7M+1.8% | $375.0M |
| Current Assets | $133.2M-2.4% | $136.6M+7.9% | $126.6M+0.9% | $125.4M-4.3% | $131.1M-11.9% | $148.8M+66.4% | $89.4M+1.3% | $88.2M |
| Cash & Equivalents | $22.8M-30.9% | $33.0M+12.1% | $29.5M-7.6% | $31.9M-52.3% | $66.9M-26.9% | $91.5M+281.8% | $24.0M+8.9% | $22.0M |
| Inventory | $32.8M+8.9% | $30.2M+8.4% | $27.8M+0.5% | $27.7M+0.4% | $27.6M-5.0% | $29.0M-9.8% | $32.2M-1.0% | $32.5M |
| Accounts Receivable | $13.1M+64.2% | $8.0M-26.6% | $10.8M+7.8% | $10.1M+9.7% | $9.2M+8.2% | $8.5M-52.7% | $17.9M-0.8% | $18.1M |
| Goodwill | $208.6M0.0% | $208.6M-1.8% | $212.3M0.0% | $212.3M0.0% | $212.3M+1.8% | $208.6M-7.2% | $224.7M0.0% | $224.7M |
| Total Liabilities | $28.7M-15.6% | $34.0M-11.3% | $38.3M-4.3% | $40.1M-5.7% | $42.5M-15.9% | $50.6M-10.0% | $56.2M+5.0% | $53.5M |
| Current Liabilities | $18.3M-20.6% | $23.0M-15.4% | $27.1M-4.1% | $28.3M+2.1% | $27.7M-15.3% | $32.7M+1.8% | $32.2M+4.4% | $30.8M |
| Long-Term Debt | $2.5M | $0 | $0 | $0-100.0% | $2.5M-50.0% | $5.0M-36.1% | $7.8M-25.1% | $10.5M |
| Total Equity | $372.2M+0.1% | $371.9M+5.1% | $353.7M+1.9% | $347.2M-1.6% | $352.6M+1.1% | $348.9M+7.2% | $325.5M+1.3% | $321.4M |
| Retained Earnings | -$338.5M+0.3% | -$339.7M+3.2% | -$350.8M+0.2% | -$351.4M-4.7% | -$335.5M-0.1% | -$335.1M+3.6% | -$347.6M-0.5% | -$345.9M |
BLFS Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$491K-110.0% | $4.9M-19.5% | $6.1M-17.2% | $7.4M+326.6% | $1.7M+5.0% | $1.6M-65.7% | $4.8M-25.7% | $6.5M |
| Capital Expenditures | $167K | N/A | N/A | N/A | $175K | N/A | N/A | N/A |
| Free Cash Flow | -$658K | N/A | N/A | N/A | $1.6M | N/A | N/A | N/A |
| Investing Cash Flow | -$1.8M-260.9% | $1.1M+119.1% | -$6.0M+84.9% | -$39.5M-45.5% | -$27.2M-136.9% | $73.6M+4480.5% | -$1.7M+87.5% | -$13.4M |
| Financing Cash Flow | -$7.9M-216.3% | -$2.5M+2.4% | -$2.6M+11.1% | -$2.9M+3.8% | -$3.0M+26.8% | -$4.1M-292.5% | -$1.0M-47.9% | -$704K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BLFS Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.6% | N/A | N/A | N/A | 67.1% | N/A | N/A | N/A |
| Operating Margin | 0.1%-2.9pp | 3.0%+3.4pp | -0.3%+65.1pp | -65.5%-63.2pp | -2.3%-5.8pp | 3.6%+5.5pp | -1.9%+4.7pp | -6.6% |
| Net Margin | 4.3%-49.2pp | 53.5%+51.3pp | 2.2%+64.5pp | -62.3%-60.3pp | -2.0%-84.5pp | 82.5%+90.4pp | -8.0%+97.1pp | -105.1% |
| Return on Equity | 0.3%-2.7pp | 3.0%+2.8pp | 0.2%+4.7pp | -4.6%-4.4pp | -0.1%-3.7pp | 3.6%+4.1pp | -0.5%+5.9pp | -6.5% |
| Return on Assets | 0.3%-2.4pp | 2.7%+2.6pp | 0.2%+4.3pp | -4.1%-4.0pp | -0.1%-3.2pp | 3.1%+3.6pp | -0.4%+5.1pp | -5.5% |
| Current Ratio | 7.30+1.4 | 5.94+1.3 | 4.66+0.2 | 4.43-0.3 | 4.73+0.2 | 4.54+1.8 | 2.78-0.1 | 2.86 |
| Debt-to-Equity | 0.010.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.010.0 | 0.010.0 | 0.020.0 | 0.03 |
| FCF Margin | -2.4% | N/A | N/A | N/A | 7.0% | N/A | N/A | N/A |
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Frequently Asked Questions
What is Biolife Solutions Inc's annual revenue?
Biolife Solutions Inc (BLFS) reported $96.2M in total revenue for fiscal year 2025. This represents a 28.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Biolife Solutions Inc's revenue growing?
Biolife Solutions Inc (BLFS) revenue grew by 28.9% year-over-year, from $74.6M to $96.2M in fiscal year 2025.
Is Biolife Solutions Inc profitable?
No, Biolife Solutions Inc (BLFS) reported a net income of -$4.6M in fiscal year 2025, with a net profit margin of -4.8%.
What is Biolife Solutions Inc's EBITDA?
Biolife Solutions Inc (BLFS) had EBITDA of -$14.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Biolife Solutions Inc have?
As of fiscal year 2025, Biolife Solutions Inc (BLFS) had $33.0M in cash and equivalents against $0 in long-term debt.
What is Biolife Solutions Inc's gross margin?
Biolife Solutions Inc (BLFS) had a gross margin of 64.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Biolife Solutions Inc's operating margin?
Biolife Solutions Inc (BLFS) had an operating margin of -17.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Biolife Solutions Inc's net profit margin?
Biolife Solutions Inc (BLFS) had a net profit margin of -4.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Biolife Solutions Inc's return on equity (ROE)?
Biolife Solutions Inc (BLFS) has a return on equity of -1.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Biolife Solutions Inc's free cash flow?
Biolife Solutions Inc (BLFS) generated $10.6M in free cash flow during fiscal year 2025. This represents a 104.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Biolife Solutions Inc's operating cash flow?
Biolife Solutions Inc (BLFS) generated $20.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Biolife Solutions Inc's total assets?
Biolife Solutions Inc (BLFS) had $405.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Biolife Solutions Inc's capital expenditures?
Biolife Solutions Inc (BLFS) invested $9.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Biolife Solutions Inc spend on research and development?
Biolife Solutions Inc (BLFS) invested $7.6M in research and development during fiscal year 2025.
What is Biolife Solutions Inc's current ratio?
Biolife Solutions Inc (BLFS) had a current ratio of 5.94 as of fiscal year 2025, which is generally considered healthy.
What is Biolife Solutions Inc's debt-to-equity ratio?
Biolife Solutions Inc (BLFS) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Biolife Solutions Inc's return on assets (ROA)?
Biolife Solutions Inc (BLFS) had a return on assets of -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Biolife Solutions Inc's Altman Z-Score?
Biolife Solutions Inc (BLFS) has an Altman Z-Score of 25.36, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Biolife Solutions Inc's Piotroski F-Score?
Biolife Solutions Inc (BLFS) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Biolife Solutions Inc's earnings high quality?
Biolife Solutions Inc (BLFS) has an earnings quality ratio of -4.38x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Biolife Solutions Inc?
Biolife Solutions Inc (BLFS) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.