STOCK TITAN

Bruker reorganizes four segments effective July 1, 2026

Historical segment schedules align with the revised structure, while the realignment left consolidated results, financial position and cash flows unchanged.

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Form Type
8-K

Rhea-AI Filing Summary

Bruker Corporation completed a reorganization of its four reportable segments effective July 1, 2026. The new BSI BIOS segment combines the BioSpin, SciY and Chemspeed Technologies divisions formerly in BSI BioSpin with the Daltonics and Optics divisions formerly in BSI CALID; it also includes Mimetas, a division formed in the third quarter of 2026 after Bruker acquired a majority interest in Mimetas B.V. BSI Microbiology and Infection Diagnostics (BMID) now groups Microbiology, Molecular Diagnostics and Biomedical Systems, formerly in BSI CALID. BSI NANO and BEST retained their existing segment structures.

Bruker supplied recast segment schedules for the fiscal years ended December 31, 2024 and 2025, plus quarterly and year-to-date periods through September 30, 2025 and periods in 2026 through June 30. The recast data aligns historical segment reporting with the new structure. Bruker states the realignment did not affect historical consolidated results of operations, financial position or cash flows, and the recast information is not a restatement of previously issued financial statements.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
BSI BIOS operating margin 10.7% Fiscal year ended December 31, 2025; recast segment data
BMID operating margin 17.4% Fiscal year ended December 31, 2025; recast segment data
BSI NANO operating margin (6.6%) Fiscal year ended December 31, 2025; recast segment data
BEST operating margin 7.2% Fiscal year ended December 31, 2025; recast segment data
Total operating margin 2.0% Fiscal year ended December 31, 2025; recast segment data
Total operating margin 7.5% Fiscal year ended December 31, 2024; recast segment data
recast reportable segment information financial
"recast reportable segment information that conforms to the new reporting structure"
intersegment revenue financial
"Intersegment revenue"
Intersegment revenue is income from sales or services one part of a company provides to another part of the same company. For investors it matters because these internal transactions can make individual business units look busier or more profitable than they are on their own, and analysts must adjust or eliminate them to see the company’s true consolidated revenue and the real performance of each segment — like ignoring transfers of money between rooms in a house to judge the household’s external income.
gross profit margin financial
"Gross profit margin"
Gross profit margin shows how much money a company keeps from sales after paying for the goods or services it sold. It’s like checking how much profit is left over from each dollar earned before covering other costs. A higher margin indicates the company makes more money from its sales, which helps assess its profitability and efficiency.
operating margin financial
"Operating margin"
Operating margin shows how much profit a company makes from its core business activities after paying for costs like wages and materials. It’s useful because it tells you how efficiently a company is running—higher margins mean it keeps more money from each dollar of sales, which can indicate better management or stronger products.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Which businesses are included in BRKR's BSI BIOS segment?

BSI BIOS includes the BioSpin division, which combines Magnetic Resonance Spectroscopy, Preclinical Imaging, Biopharma and Applied Services, and Services and Lifecycle Support; it also includes SciY, Chemspeed Technologies, Daltonics, Optics and Mimetas.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 5, 2026

 

BRUKER CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

 

 

Delaware

000-30833

04-3110160

(State or other jurisdiction of

(Commission

(I.R.S. Employer

incorporation)

File number)

Identification No.)

 

40 Manning Road

Billerica, MA 01821

(Address of principal executive offices) (Zip Code)

 

(978) 663-3660

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Common Stock, $0.01 par value per share

BRKR

The Nasdaq Global Select Market

6.375% Mandatory Convertible Preferred Stock, Series A, $0.01 par value per share

 

BRKRP

 

 

The Nasdaq Global Select Market

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 


 

Item 8.01. Other Events.

As previously announced, effective July 1, 2026 (the “Effective Date”), Bruker Corporation (the “Company”) completed a reorganization of its reportable segments to streamline its organizational structure and further facilitate decision making, accountability, customer focus, and innovation. Prior to the Effective Date, the Company had the following four reportable segments: (i) Bruker Scientific Instruments (“BSI”) BioSpin, (ii) BSI CALID (Chemicals, Applied Markets, Life Science, In Vitro Diagnostics, Detection), (iii) BSI NANO, and (iv) Bruker Energy & Supercon Technologies (“BEST”).

As a result of this reorganization, as of the Effective Date, the Company’s reportable segments consist of the following four reportable segments:

•
BSI BIOS, consisting of:
o
The BioSpin division, which combines the former Magnetic Resonance Spectroscopy, Preclinical Imaging, Biopharma and Applied Services, and Services and Lifecycle Support divisions, all of which were previously part of the former BSI BioSpin segment;
o
The SciY (formerly Integrated Data Solutions) division, previously part of the former BSI BioSpin segment;
o
The Chemspeed Technologies (“CST”) (formerly Automation) division, previously part of the former BSI BioSpin segment;
o
The Daltonics division (formerly Bruker Life Sciences Mass Spectrometry and Bruker Applied Mass Spectrometry), previously part of the former BSI CALID (Chemicals, Applied Markets, Life Science, In Vitro Diagnostics, Detection) segment;
o
The Optics division, previously part of the former BSI CALID segment; and
o
The Mimetas division, a new division formed during the third quarter of 2026 following the acquisition of a majority interest in Mimetas B.V.
•
BSI Microbiology and Infection Diagnostics (“BMID”), consisting of the Microbiology, Molecular Diagnostics, and Biomedical Systems divisions, which were previously part of the former BSI CALID segment.
•
BSI NANO, for which no changes were made to the reportable segment structure in connection with the reorganization.
•
BEST, for which no changes were made to the reportable segment structure in connection with the reorganization.

 

For information purposes and to provide investors with historical information on a basis consistent with its new reporting structure, the Company has provided recast reportable segment information that conforms to the new reporting structure. This reportable operating segment realignment did not impact the Company’s historical consolidated results of operations, financial position or cash flows.

Attached as Exhibit 99.1 and incorporated by reference in this Item 8.01 are schedules containing recast reportable segment information for the years ended December 31, 2025 and 2024, the three months ended March 31, 2025 and 2026, the three and six months ended June 30, 2025 and 2026, and the three and nine months ended September 30, 2025. The recast information has been derived from, and should be read in conjunction with, the Company's previously filed Annual Reports on Form 10-K for the years ended December 31, 2025 and 2024, and Quarterly Reports on Form 10-Q for the periods ended March 31, 2025 and 2026, June 30, 2025 and 2026, and September 30, 2025, in which the corresponding financial information was originally reported.

As noted above, the segment changes and supplemental disclosures discussed above have no impact on the Company’s historical consolidated results of operations, financial position or cash flows. The recast financial information contained in Exhibit 99.1 does not represent a restatement of the Company’s previously issued financial statements.

 

 


 

Section 9 – Financial Statements and Exhibits

 

Item 9.01. Financial Statements and Exhibits.

 

(d)

Exhibits.

Number

Description

99.1

Recast segment information of Bruker Corporation

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).


 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BRUKER CORPORATION
(Registrant)

 Date: November 5, 2026

By:

/s/ THOMAS M. BURES

Thomas M. Bures

Chief Accounting Officer

 

 

 


Exhibit 99.1

 

 

 

As Reported

 

 

As Recast

 

 

Bruker Scientific Instruments ("BSI") BioSpin

 

BSI Chemicals, Applied Markets, Life Sciences, In Vitro Diagnostics, Detection ("BSI CALID")

 

BSI NANO

 

Bruker Energy & Supercon Technologies ("BEST")

 

Corporate

 

Total

 

 

BSI Biosystems ("BIOS")

 

BSI Microbiology and Infection Diagnostics ("BMID")

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

Three months ended March 31, 2026

 

Revenue from external customers

$

197.5

 

$

316.3

 

$

246.0

 

$

63.6

 

 

—

 

$

823.4

 

 

$

381.5

 

$

132.3

 

$

246.0

 

$

63.6

 

 

—

 

$

823.4

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

3.2

 

 

—

 

 

3.2

 

 

 

—

 

 

—

 

 

—

 

$

3.2

 

 

—

 

 

3.2

 

Total segment revenue

$

197.5

 

$

316.3

 

$

246.0

 

$

66.8

 

 

—

 

$

826.6

 

 

$

381.5

 

$

132.3

 

$

246.0

 

$

66.8

 

 

—

 

$

826.6

 

Gross profit

$

88.9

 

$

167.7

 

$

109.1

 

$

14.1

 

 

—

 

$

379.8

 

 

$

178.7

 

$

77.9

 

$

109.1

 

$

14.1

 

 

—

 

$

379.8

 

Gross profit margin

 

45.0

%

 

53.0

%

 

44.3

%

 

21.1

%

 

—

 

 

46.1

%

 

 

46.8

%

 

58.9

%

 

44.3

%

 

21.1

%

 

—

 

 

46.1

%

Operating income

$

16.0

 

$

40.7

 

$

(21.8

)

$

7.5

 

$

(32.2

)

$

10.2

 

 

$

27.4

 

$

29.3

 

$

(21.8

)

$

7.5

 

$

(32.2

)

$

10.2

 

Operating margin

 

8.1

%

 

12.9

%

 

(8.9

)%

 

11.2

%

 

—

 

 

1.2

%

 

 

7.2

%

 

22.1

%

 

(8.9

)%

 

11.2

%

 

—

 

 

1.2

%

 

 

 


 

As Reported

 

 

As Recast

 

 

BSI BioSpin

 

BSI CALID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

 

BSI BIOS

 

BSI BMID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

Three months ended June 30, 2026

 

Revenue from external customers

$

195.7

 

$

310.3

 

$

261.3

 

$

71.2

 

 

—

 

$

838.5

 

 

$

376.1

 

$

129.9

 

$

261.3

 

$

71.2

 

 

—

 

$

838.5

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

3.0

 

 

—

 

 

3.0

 

 

 

—

 

 

—

 

 

—

 

 

3.0

 

 

—

 

 

3.0

 

Total segment revenue

$

195.7

 

$

310.3

 

$

261.3

 

$

74.2

 

 

—

 

$

841.5

 

 

$

376.1

 

$

129.9

 

$

261.3

 

$

74.2

 

 

—

 

$

841.5

 

Gross profit

$

98.8

 

$

172.6

 

$

131.4

 

$

13.2

 

 

—

 

$

416.0

 

 

$

194.8

 

$

76.6

 

$

131.4

 

$

13.2

 

 

—

 

$

416.0

 

Gross profit margin

 

50.5

%

 

55.6

%

 

50.3

%

 

17.8

%

 

—

 

 

49.6

%

 

 

51.8

%

 

59.0

%

 

50.3

%

 

17.8

%

 

—

 

 

49.6

%

Operating income

$

(64.6

)

$

48.3

 

$

(20.9

)

$

7.5

 

$

(35.6

)

$

(65.3

)

 

$

(45.8

)

$

29.5

 

$

(20.9

)

$

7.5

 

$

(35.6

)

$

(65.3

)

Operating margin

 

(33.0

)%

 

15.6

%

 

(8.0

)%

 

10.1

%

 

—

 

 

(7.8

)%

 

 

(12.2

)%

 

22.7

%

 

(8.0

)%

 

10.1

%

 

—

 

 

(7.8

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2026

 

Revenue from external customers

$

393.2

 

$

626.6

 

$

507.3

 

$

134.8

 

 

—

 

$

1,661.9

 

 

$

757.6

 

$

262.2

 

$

507.3

 

$

134.8

 

 

—

 

$

1,661.9

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

6.2

 

 

—

 

 

6.2

 

 

 

—

 

 

—

 

 

—

 

 

6.2

 

 

—

 

 

6.2

 

Total segment revenue

$

393.2

 

$

626.6

 

$

507.3

 

$

141.0

 

 

—

 

$

1,668.1

 

 

$

757.6

 

$

262.2

 

$

507.3

 

$

141.0

 

 

—

 

$

1,668.1

 

Gross profit

$

187.6

 

$

340.3

 

$

240.5

 

$

27.4

 

 

—

 

$

795.8

 

 

$

373.4

 

$

154.5

 

$

240.5

 

$

27.4

 

 

—

 

$

795.8

 

Gross profit margin

 

47.7

%

 

54.3

%

 

47.4

%

 

19.4

%

 

—

 

 

47.9

%

 

 

49.3

%

 

58.9

%

 

47.4

%

 

19.4

%

 

—

 

 

47.9

%

Operating income

$

(48.6

)

$

89.0

 

$

(42.7

)

$

15.0

 

$

(67.8

)

$

(55.1

)

 

$

(18.4

)

$

58.8

 

$

(42.7

)

$

15.0

 

$

(67.8

)

$

(55.1

)

Operating margin

 

(12.4

)%

 

14.2

%

 

(8.4

)%

 

10.6

%

 

—

 

 

(3.3

)%

 

 

(2.4

)%

 

22.4

%

 

(8.4

)%

 

10.6

%

 

—

 

 

(3.3

)%

 


 

As Reported

 

 

As Recast

 

 

BSI BioSpin

 

BSI CALID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

 

BSI BIOS

 

BSI BMID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

Three months ended March 31, 2025

 

Revenue from external customers

$

207.8

 

$

280.1

 

$

256.6

 

$

56.9

 

 

—

 

$

801.4

 

 

$

368.9

 

$

119.0

 

$

256.6

 

$

56.9

 

 

—

 

$

801.4

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

2.4

 

 

—

 

 

2.4

 

 

 

—

 

 

—

 

 

—

 

 

2.4

 

 

—

 

 

2.4

 

Total segment revenue

$

207.8

 

$

280.1

 

$

256.6

 

$

59.3

 

 

—

 

$

803.8

 

 

$

368.9

 

$

119.0

 

$

256.6

 

$

59.3

 

 

—

 

$

803.8

 

Gross profit

$

93.7

 

$

153.3

 

$

131.4

 

$

12.8

 

 

—

 

$

391.2

 

 

$

178.9

 

$

68.1

 

$

131.4

 

$

12.8

 

 

—

 

$

391.2

 

Gross profit margin

 

45.1

%

 

54.7

%

 

51.2

%

 

21.6

%

 

—

 

 

48.8

%

 

 

48.5

%

 

57.2

%

 

51.2

%

 

21.6

%

 

—

 

 

48.8

%

Operating income

$

23.7

 

$

40.2

 

$

(7.0

)

$

6.9

 

$

(32.0

)

$

31.8

 

 

$

40.5

 

$

23.4

 

$

(7.0

)

$

6.9

 

$

(32.0

)

$

31.8

 

Operating margin

 

11.4

%

 

14.4

%

 

(2.7

)%

 

11.6

%

 

—

 

 

4.0

%

 

 

11.0

%

 

19.7

%

 

(2.7

)%

 

11.6

%

 

—

 

 

4.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2025

 

Revenue from external customers

$

195.3

 

$

285.8

 

$

252.1

 

$

64.2

 

 

—

 

$

797.4

 

 

$

357.0

 

$

124.1

 

$

252.1

 

$

64.2

 

 

—

 

$

797.4

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

2.1

 

 

—

 

 

2.1

 

 

 

—

 

 

—

 

 

—

 

 

2.1

 

 

—

 

 

2.1

 

Total segment revenue

$

195.3

 

$

285.8

 

$

252.1

 

$

66.3

 

 

—

 

$

799.5

 

 

$

357.0

 

$

124.1

 

$

252.1

 

$

66.3

 

 

—

 

$

799.5

 

Gross profit

$

83.4

 

$

145.3

 

$

115.9

 

$

13.3

 

 

—

 

$

357.9

 

 

$

157.6

 

$

71.1

 

$

115.9

 

$

13.3

 

 

—

 

$

357.9

 

Gross profit margin

 

42.7

%

 

50.8

%

 

46.0

%

 

20.1

%

 

—

 

 

44.9

%

 

 

44.1

%

 

57.3

%

 

46.0

%

 

20.1

%

 

—

 

 

44.9

%

Operating income

$

18.1

 

$

26.2

 

$

(13.4

)

$

7.2

 

$

(26.2

)

$

11.9

 

 

$

18.3

 

$

26.0

 

$

(13.4

)

$

7.2

 

$

(26.2

)

$

11.9

 

Operating margin

 

9.3

%

 

9.2

%

 

(5.3

)%

 

10.9

%

 

—

 

 

1.5

%

 

 

5.1

%

 

21.0

%

 

(5.3

)%

 

10.9

%

 

—

 

 

1.5

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2025

 

Revenue from external customers

$

403.1

 

$

565.9

 

$

508.7

 

$

121.1

 

 

—

 

$

1,598.8

 

 

$

725.9

 

$

243.1

 

$

508.7

 

$

121.1

 

 

—

 

$

1,598.8

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

4.5

 

 

—

 

 

4.5

 

 

 

—

 

 

—

 

 

—

 

 

4.5

 

 

—

 

 

4.5

 

Total segment revenue

$

403.1

 

$

565.9

 

$

508.7

 

$

125.6

 

 

—

 

$

1,603.3

 

 

$

725.9

 

$

243.1

 

$

508.7

 

$

125.6

 

 

—

 

$

1,603.3

 

Gross profit

$

177.1

 

$

298.7

 

$

247.3

 

$

26.0

 

 

—

 

$

749.1

 

 

$

336.6

 

$

139.2

 

$

247.3

 

$

26.0

 

 

—

 

$

749.1

 

Gross profit margin

 

43.9

%

 

52.8

%

 

48.6

%

 

20.7

%

 

—

 

 

46.9

%

 

 

46.4

%

 

57.3

%

 

48.6

%

 

20.7

%

 

—

 

 

46.9

%

Operating income

$

41.7

 

$

66.4

 

$

(20.4

)

$

14.1

 

$

(58.1

)

$

43.7

 

 

$

58.7

 

$

49.4

 

$

(20.4

)

$

14.1

 

$

(58.1

)

$

43.7

 

Operating margin

 

10.3

%

 

11.7

%

 

(4.0

)%

 

11.2

%

 

—

 

 

2.7

%

 

 

8.1

%

 

20.3

%

 

(4.0

)%

 

11.2

%

 

—

 

 

2.7

%

 


 

 

As Reported

 

 

As Recast

 

 

BSI BioSpin

 

BSI CALID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

 

BSI BIOS

 

BSI BMID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

Three months ended September 30, 2025

 

Revenue from external customers

$

208.7

 

$

312.7

 

$

266.5

 

$

72.6

 

 

—

 

$

860.5

 

 

$

391.2

 

$

130.2

 

$

266.5

 

$

72.6

 

 

—

 

$

860.5

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

1.2

 

 

—

 

 

1.2

 

 

 

—

 

 

—

 

 

—

 

 

1.2

 

 

—

 

 

1.2

 

Total segment revenue

$

208.7

 

$

312.7

 

$

266.5

 

$

73.8

 

 

—

 

$

861.7

 

 

$

391.2

 

$

130.2

 

$

266.5

 

$

73.8

 

 

—

 

$

861.7

 

Gross profit

$

90.4

 

$

159.0

 

$

118.4

 

$

11.6

 

 

—

 

$

379.4

 

 

$

172.9

 

$

76.5

 

$

118.4

 

$

11.6

 

 

—

 

$

379.4

 

Gross profit margin

 

43.3

%

 

50.8

%

 

44.4

%

 

15.7

%

 

—

 

 

44.1

%

 

 

44.2

%

 

58.8

%

 

44.4

%

 

15.7

%

 

—

 

 

44.1

%

Operating income

$

8.5

 

$

47.4

 

$

(72.2

)

$

4.6

 

$

(40.1

)

$

(51.8

)

 

$

24.6

 

$

31.3

 

$

(72.2

)

$

4.6

 

$

(40.1

)

$

(51.8

)

Operating margin

 

4.1

%

 

15.2

%

 

(27.1

)%

 

6.2

%

 

—

 

 

(6.0

)%

 

 

6.3

%

 

24.0

%

 

(27.1

)%

 

6.2

%

 

—

 

 

(6.0

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2025

 

Revenue from external customers

$

611.8

 

$

878.6

 

$

775.2

 

$

193.7

 

 

—

 

$

2,459.3

 

 

$

1,117.1

 

$

373.3

 

$

775.2

 

$

193.7

 

 

—

 

$

2,459.3

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

5.7

 

 

—

 

 

5.7

 

 

 

—

 

 

—

 

 

—

 

 

5.7

 

 

—

 

 

5.7

 

Total segment revenue

$

611.8

 

$

878.6

 

$

775.2

 

$

199.4

 

 

—

 

$

2,465.0

 

 

$

1,117.1

 

$

373.3

 

$

775.2

 

$

199.4

 

 

—

 

$

2,465.0

 

Gross profit

$

267.5

 

$

457.6

 

$

365.8

 

$

37.6

 

 

—

 

$

1,128.5

 

 

$

509.4

 

$

215.7

 

$

365.8

 

$

37.6

 

 

—

 

$

1,128.5

 

Gross profit margin

 

43.7

%

 

52.1

%

 

47.2

%

 

18.9

%

 

—

 

 

45.9

%

 

 

45.6

%

 

57.8

%

 

47.2

%

 

18.9

%

 

—

 

 

45.9

%

Operating income

$

50.2

 

$

113.8

 

$

(92.6

)

$

18.7

 

$

(98.2

)

$

(8.1

)

 

$

83.3

 

$

80.7

 

$

(92.6

)

$

18.7

 

$

(98.2

)

$

(8.1

)

Operating margin

 

8.2

%

 

13.0

%

 

(11.9

)%

 

9.4

%

 

—

 

 

(0.3

)%

 

 

7.5

%

 

21.6

%

 

(11.9

)%

 

9.4

%

 

—

 

 

(0.3

)%

 


 

As Reported

 

 

As Recast

 

 

BSI BioSpin

 

BSI CALID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

 

BSI BIOS

 

BSI BMID

 

BSI NANO

 

BEST

 

Corporate

 

Total

 

Fiscal year ended December 31, 2025

 

Revenue from external customers

$

878.8

 

$

1,210.2

 

$

1,084.3

 

$

263.2

 

 

—

 

$

3,436.5

 

 

$

1,580.1

 

$

508.9

 

$

1,084.3

 

$

263.2

 

 

—

 

$

3,436.5

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

7.7

 

 

—

 

 

7.7

 

 

 

—

 

 

—

 

 

—

 

 

7.7

 

 

—

 

 

7.7

 

Total segment revenue

$

878.8

 

$

1,210.2

 

$

1,084.3

 

$

270.9

 

 

—

 

$

3,444.2

 

 

$

1,580.1

 

$

508.9

 

$

1,084.3

 

$

270.9

 

 

—

 

$

3,444.2

 

Gross profit

$

389.1

 

$

625.6

 

$

516.3

 

$

46.7

 

 

—

 

$

1,577.7

 

 

$

729.1

 

$

285.6

 

$

516.3

 

$

46.7

 

 

—

 

$

1,577.7

 

Gross profit margin

 

44.3

%

 

51.7

%

 

47.6

%

 

17.2

%

 

—

 

 

45.9

%

 

 

46.1

%

 

56.1

%

 

47.6

%

 

17.2

%

 

—

 

 

45.9

%

Operating income

$

104.3

 

$

153.3

 

$

(71.8

)

$

19.4

 

$

(137.0

)

$

68.2

 

 

$

168.8

 

$

88.8

 

$

(71.8

)

$

19.4

 

$

(137.0

)

$

68.2

 

Operating margin

 

11.9

%

 

12.7

%

 

(6.6

%)

 

7.2

%

 

—

 

 

2.0

%

 

 

10.7

%

 

17.4

%

 

(6.6

%)

 

7.2

%

 

—

 

 

2.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal year ended December 31, 2024

 

Revenue from external customers

$

905.7

 

$

1,093.5

 

$

1,098.3

 

$

268.9

 

 

—

 

$

3,366.4

 

 

$

1,577.5

 

$

421.7

 

$

1,098.3

 

$

268.9

 

 

—

 

$

3,366.4

 

Intersegment revenue

 

—

 

 

—

 

 

—

 

 

14.1

 

 

—

 

 

14.1

 

 

 

—

 

 

—

 

 

—

 

 

14.1

 

 

—

 

 

14.1

 

Total segment revenue

$

905.7

 

$

1,093.5

 

$

1,098.3

 

$

283.0

 

 

—

 

$

3,380.5

 

 

$

1,577.5

 

$

421.7

 

$

1,098.3

 

$

283.0

 

 

—

 

$

3,380.5

 

Gross profit

$

453.9

 

$

593.9

 

$

540.4

 

$

61.3

 

 

—

 

$

1,649.5

 

 

$

803.2

 

$

244.6

 

$

540.4

 

$

61.3

 

 

—

 

$

1,649.5

 

Gross profit margin

 

50.1

%

 

54.3

%

 

49.2

%

 

21.7

%

 

—

 

 

49.0

%

 

 

50.9

%

 

58.0

%

 

49.2

%

 

21.7

%

 

—

 

 

49.0

%

Operating income

$

157.8

 

$

180.0

 

$

2.3

 

$

34.9

 

$

(121.9

)

$

253.1

 

 

$

235.9

 

$

101.9

 

$

2.3

 

$

34.9

 

$

(121.9

)

$

253.1

 

Operating margin

 

17.4

%

 

16.5

%

 

0.2

%

 

12.3

%

 

—

 

 

7.5

%

 

 

15.0

%

 

24.2

%

 

0.2

%

 

12.3

%

 

—

 

 

7.5

%

 

 

 


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