BioLife Solutions (BLFS) Revenue & Revenue Breakdown

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BioLife Solutions Revenue Highlights

Latest Revenue (Y)

$143.27M

Latest Revenue (Q)

$30.57M

Main Segment (Y)

Product

BioLife Solutions Revenue by Period

BioLife Solutions Revenue by Year

Date	Revenue	Change
2023-12-31	$143.27M	-11.43%
2022-12-31	$161.76M	35.75%
2021-12-31	$119.16M	147.79%
2020-12-31	$48.09M	75.69%
2019-12-31	$27.37M	38.64%
2018-12-31	$19.74M	79.11%
2017-12-31	$11.02M	33.97%
2016-12-31	$8.23M	27.57%
2015-12-31	$6.45M	4.17%
2015-01-31	$6.19M	-30.83%
2013-12-31	$8.95M	58.03%
2012-12-31	$5.66M	105.28%
2011-12-31	$2.76M	32.53%
2010-12-31	$2.08M	31.61%
2009-12-31	$1.58M	19.59%
2008-12-31	$1.32M	36.02%
2007-12-31	$972.26K	61.18%
2006-12-31	$603.22K	-1.87%
2005-12-31	$614.72K	-1.91%
2004-12-31	$626.71K	3.50%
2003-12-31	$605.51K	-28.66%
2002-12-31	$848.79K	-36.85%
2001-12-31	$1.34M	12.99%
2000-12-31	$1.19M	-33.04%
1999-12-31	$1.78M	-25.03%
1998-12-31	$2.37M	-33.65%
1997-12-31	$3.57M	100.00%
1996-12-31	-	-100.00%
1995-06-30	$13.59M	1.45%
1994-06-30	$13.40M	127.12%
1993-06-30	$5.90M	-

BioLife Solutions generated $143.27M in revenue during NA 2023, up -11.43% compared to the previous quarter, and up 725.72% compared to the same period a year ago.

BioLife Solutions Revenue by Quarter

Date	Revenue	Change
2024-09-30	$30.57M	7.92%
2024-06-30	$28.33M	-10.71%
2024-03-31	$31.73M	-3.07%
2023-12-31	$32.73M	-1.79%
2023-09-30	$33.33M	-15.64%
2023-06-30	$39.51M	4.79%
2023-03-31	$37.70M	-14.81%
2022-12-31	$44.26M	8.62%
2022-09-30	$40.75M	0.53%
2022-06-30	$40.53M	11.91%
2022-03-31	$36.22M	-2.91%
2021-12-31	$37.30M	10.37%
2021-09-30	$33.80M	8.32%
2021-06-30	$31.20M	85.22%
2021-03-31	$16.85M	14.40%
2020-12-31	$14.73M	30.56%
2020-09-30	$11.28M	13.70%
2020-06-30	$9.92M	-18.43%
2020-03-31	$12.16M	46.62%
2019-12-31	$8.29M	25.61%
2019-09-30	$6.60M	-1.45%
2019-06-30	$6.70M	16.14%
2019-03-31	$5.77M	5.76%
2018-12-31	$5.46M	3.08%
2018-09-30	$5.29M	2.23%
2018-06-30	$5.18M	35.73%
2018-03-31	$3.81M	21.73%
2017-12-31	$3.13M	5.76%
2017-09-30	$2.96M	15.86%
2017-06-30	$2.56M	8.10%
2017-03-31	$2.37M	5.16%
2016-12-31	$2.25M	5.38%
2016-09-30	$2.14M	7.30%
2016-06-30	$1.99M	7.45%
2016-03-31	$1.85M	1.79%
2015-12-31	$1.82M	11.49%
2015-09-30	$1.63M	9.03%
2015-06-30	$1.50M	-0.26%
2015-03-31	$1.50M	-10.16%
2015-01-31	$1.67M	34.34%
2014-09-30	$1.24M	2.60%
2014-06-30	$1.21M	-41.31%
2014-03-31	$2.07M	-9.78%
2013-12-31	$2.29M	5.45%
2013-09-30	$2.17M	-6.85%
2013-06-30	$2.33M	7.87%
2013-03-31	$2.16M	5.46%
2012-12-31	$2.05M	21.81%
2012-09-30	$1.68M	53.22%
2012-06-30	$1.10M	31.29%
2012-03-31	$835.88K	3.25%
2011-12-31	$809.56K	13.14%
2011-09-30	$715.52K	14.88%
2011-06-30	$622.85K	1.97%
2011-03-31	$610.80K	6.04%
2010-12-31	$575.99K	9.74%
2010-09-30	$524.89K	12.21%
2010-06-30	$467.77K	-8.80%
2010-03-31	$512.91K	6.72%
2009-12-31	$480.60K	7.43%
2009-09-30	$447.36K	61.78%
2009-06-30	$276.53K	-26.67%
2009-03-31	$377.11K	-10.00%
2008-12-31	$419.03K	36.11%
2008-09-30	$307.87K	10.76%
2008-06-30	$277.96K	-12.49%
2008-03-31	$317.63K	-0.99%
2007-12-31	$320.80K	-

BioLife Solutions generated $30.57M in revenue during Q3 2024, up 7.92% compared to the previous quarter, and up 77.38% compared to the same period a year ago.

BioLife Solutions Revenue Breakdown

BioLife Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$117.69M	-	-	-	-
Service	$17.55M	-	-	-	-
Rental Revenue	$8.03M	$4.63M	$14.80M	-	-
Service Revenue	-	$210.00K	$108.00K	$4.55M	-
Freezers and Accessories	-	-	-	-	$2.14M
Automated Thawing Products	-	-	-	-	$1.18M
Biopreservation Media	-	-	-	-	$23.36M
Evo Shippers	-	-	-	-	$692.00K

BioLife Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (82.15%), Service (12.25%), and Rental Revenue (5.60%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Product, Cell Processing	$19.03M	$16.19M	$13.34M	$18.67M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product, Freezer and Thaw	$3.88M	$8.33M	$13.19M	$13.85M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$23.46M	$24.80M	$57.77M	$26.89M	$33.04M	$13.78M	$12.52M	$9.49M	-	-	-	-	-	-	-	-	-	-	-	-
Rental Revenue	$4.87M	$1.84M	$2.37M	$2.06M	$3.60M	$2.29M	$6.44M	$8.54M	$11.70M	$2.44M	$11.14M	$12.48M	$6.07M	$454.00K	$431.00K	-	-	-	-	-
Service	$4.66M	$5.09M	$8.98M	$4.38M	$4.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Revenue	-	-	-	-	-	$200.00K	$4.19M	$270.00K	$349.00K	$205.00K	$3.40M	$112.00K	$563.00K	$736.00K	-	-	-	-	-	-
Biopreservation Media	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.19M	$7.41M	$8.67M	-	-	-
Freezers and Accessories	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.65M	$3.09M	-	-	-	-
Automated Thawing Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$662.00K	$277.00K	$485.00K	$324.00K	-	-
Evo Shippers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$494.00K	-	-	-	-
Cold Chain Shipping	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$211.00K
BioBanking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$345.00K
Regenerative Medicine	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.42M
Drug Discovery	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$225.00K
Media	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.07M
Distribution Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.61M

BioLife Solutions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (41.96%), Product, Cell Processing (34.04%), Rental Revenue (8.72%), Service (8.34%), and Product, Freezer and Thaw (6.95%).

BioLife Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ALC	Alcon	$10.09B	$2.46B
RMD	ResMed	$4.69B	$1.22B
COO	Cooper Companies	$3.59B	$1.00B
ATR	AptarGroup	$3.49B	$909.29M
TFX	Teleflex	$2.97B	$764.38M
WST	West Pharmaceutical Services	$2.95B	$746.90M
ICUI	ICU Medical	$2.26B	$589.13M
HAE	Haemonetics	$1.31B	$336.17M
ATRC	AtriCure	$399.25M	$115.91M
ANGO	AngioDynamics	$303.91M	$67.49M
BLFS	BioLife Solutions	$143.27M	$30.57M
NSTG	NanoString	$127.26M	$48.09M
AKYA	Akoya Biosciences	$96.63M	$18.81M
KRMD	KORU Medical Systems	$28.52M	$8.18M
ATRI	Atrion	-	$48.77M

BLFS Revenue FAQ

What is BioLife Solutions’s yearly revenue?

BioLife Solutions's yearly revenue for 2023 was $143.27M, representing a decrease of -11.43% compared to 2022. The company's yearly revenue for 2022 was $161.76M, representing an increase of 35.75% compared to 2021. BLFS's yearly revenue for 2021 was $119.16M, representing an increase of 147.79% compared to 2020.

What is BioLife Solutions’s quarterly revenue?

BioLife Solutions's quarterly revenue for Q3 2024 was $30.57M, a 7.92% increase from the previous quarter (Q2 2024), and a -8.27% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $28.33M, a -10.71% decrease from the previous quarter (Q1 2024), and a -28.30% decrease year-over-year (Q2 2023). BLFS's quarterly revenue for Q1 2024 was $31.73M, a -3.07% decrease from the previous quarter (Q4 2023), and a -15.85% decrease year-over-year (Q1 2023).

What is BioLife Solutions’s revenue growth rate?

BioLife Solutions's revenue growth rate for the last 3 years (2021-2023) was 20.24%, and for the last 5 years (2019-2023) was 423.44%.

What are BioLife Solutions’s revenue streams?

BioLife Solutions's revenue streams in c 23 are Product, Service, and Rental Revenue. Product generated $117.7M in revenue, accounting 82.15% of the company's total revenue Service generated $17.55M in revenue, accounting 12.25% of the company's total revenue Rental Revenue generated $8.02M in revenue, accounting 5.60% of the company's total revenue, up 73.14% year-over-year.

What is BioLife Solutions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of BioLife Solutions was Product. This segment made a revenue of $117.7M, representing 82.15% of the company's total revenue.