BioLife Solutions (BLFS) Revenue & Revenue Breakdown


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BioLife Solutions Revenue Highlights


Latest Revenue (Y)

$143.27M

Latest Revenue (Q)

$28.33M

Main Segment (Y)

Product

BioLife Solutions Revenue by Period


BioLife Solutions Revenue by Year

DateRevenueChange
2023-12-31$143.27M-11.43%
2022-12-31$161.76M35.75%
2021-12-31$119.16M147.79%
2020-12-31$48.09M75.69%
2019-12-31$27.37M38.64%
2018-12-31$19.74M79.11%
2017-12-31$11.02M33.97%
2016-12-31$8.23M27.57%
2015-12-31$6.45M4.17%
2015-01-31$6.19M-30.83%
2013-12-31$8.95M58.03%
2012-12-31$5.66M105.28%
2011-12-31$2.76M32.53%
2010-12-31$2.08M31.61%
2009-12-31$1.58M19.59%
2008-12-31$1.32M36.02%
2007-12-31$972.26K61.18%
2006-12-31$603.22K-1.87%
2005-12-31$614.72K-1.91%
2004-12-31$626.71K3.50%
2003-12-31$605.51K-28.66%
2002-12-31$848.79K-36.85%
2001-12-31$1.34M12.99%
2000-12-31$1.19M-33.04%
1999-12-31$1.78M-25.03%
1998-12-31$2.37M-33.65%
1997-12-31$3.57M100.00%
1996-12-31--100.00%
1995-06-30$13.59M1.45%
1994-06-30$13.40M127.12%
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

DateRevenueChange
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$39.51M4.79%
2023-03-31$37.70M-14.81%
2022-12-31$44.26M8.62%
2022-09-30$40.75M0.53%
2022-06-30$40.53M11.91%
2022-03-31$36.22M-2.91%
2021-12-31$37.30M10.37%
2021-09-30$33.80M8.32%
2021-06-30$31.20M85.22%
2021-03-31$16.85M14.40%
2020-12-31$14.73M30.56%
2020-09-30$11.28M13.70%
2020-06-30$9.92M-18.43%
2020-03-31$12.16M46.62%
2019-12-31$8.29M25.61%
2019-09-30$6.60M-1.45%
2019-06-30$6.70M16.14%
2019-03-31$5.77M5.76%
2018-12-31$5.46M3.08%
2018-09-30$5.29M2.23%
2018-06-30$5.18M35.73%
2018-03-31$3.81M21.73%
2017-12-31$3.13M5.76%
2017-09-30$2.96M15.86%
2017-06-30$2.56M8.10%
2017-03-31$2.37M5.16%
2016-12-31$2.25M5.38%
2016-09-30$2.14M7.30%
2016-06-30$1.99M7.45%
2016-03-31$1.85M1.79%
2015-12-31$1.82M11.49%
2015-09-30$1.63M9.03%
2015-06-30$1.50M-0.26%
2015-03-31$1.50M-10.16%
2015-01-31$1.67M34.34%
2014-09-30$1.24M2.60%
2014-06-30$1.21M-41.31%
2014-03-31$2.07M-9.78%
2013-12-31$2.29M5.45%
2013-09-30$2.17M-6.85%
2013-06-30$2.33M7.87%
2013-03-31$2.16M5.46%
2012-12-31$2.05M21.81%
2012-09-30$1.68M53.22%
2012-06-30$1.10M31.29%
2012-03-31$835.88K3.25%
2011-12-31$809.56K13.14%
2011-09-30$715.52K14.88%
2011-06-30$622.85K1.97%
2011-03-31$610.80K6.04%
2010-12-31$575.99K9.74%
2010-09-30$524.89K12.21%
2010-06-30$467.77K-8.80%
2010-03-31$512.91K6.72%
2009-12-31$480.60K7.43%
2009-09-30$447.36K61.78%
2009-06-30$276.53K-26.67%
2009-03-31$377.11K-10.00%
2008-12-31$419.03K36.11%
2008-09-30$307.87K10.76%
2008-06-30$277.96K-12.49%
2008-03-31$317.63K-0.99%
2007-12-31$320.80K-

BioLife Solutions generated $28.33M in revenue during Q2 2024, up -10.71% compared to the previous quarter, and up 75.13% compared to the same period a year ago.

BioLife Solutions Revenue Breakdown


BioLife Solutions Revenue Breakdown by Product

Annual Revenue by Product

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

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

BioLife Solutions's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (44.10%), Product, Cell Processing (28.78%), Product, Freezer and Thaw (14.82%), Service (9.05%), and Rental Revenue (3.26%).

BioLife Solutions Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ALCAlcon$10.09B$2.46B
RMDResMed$4.69B$1.20B
COOCooper Companies$3.59B$942.60M
ATRAptarGroup$3.49B$910.06M
TFXTeleflex$2.97B$749.69M
WSTWest Pharmaceutical Services$2.95B$702.00M
ICUIICU Medical$2.26B$596.46M
HAEHaemonetics$1.31B$336.17M
ATRCAtriCure$399.25M$116.27M
ANGOAngioDynamics$303.91M$75.18M
BLFSBioLife Solutions$143.27M$28.33M
NSTGNanoString$127.26M$48.09M
AKYAAkoya Biosciences$96.63M$23.16M
KRMDKORU Medical Systems$28.52M$8.20M
ATRIAtrion-$48.77M

BLFS Revenue FAQ


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.

BioLife Solutions'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). The company'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). BLFS's quarterly revenue for Q4 2023 was $32.73M, a -1.79% decrease from the previous quarter (Q3 2023), and a -26.04% decrease year-over-year (Q4 2022).

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%.

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.

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.