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Agilent Technologies vs Bio-Rad Laboratories: revenue, profit, margins and growth compared

Agilent Technologies brought in $6.9B of revenue in fiscal 2025, Bio-Rad Laboratories $2.6B in fiscal 2025. Revenue changed by +6.7% at Agilent Technologies and +0.7% at Bio-Rad Laboratories on the year before, so Agilent Technologies grew faster. Agilent Technologies kept 18.8% of its revenue as net profit, Bio-Rad Laboratories 29.4%. Free cash flow was $1.2B at Agilent Technologies and $374.6M at Bio-Rad Laboratories.

Side by side, latest fiscal year

ABIO
Fiscal year endedFY2025 (October 31, 2025)FY2025 (December 31, 2025)
Revenue$6.9B$2.6B
Revenue growth+6.7%+0.7%
Net income$1.3B$759.9M
Net margin18.8%29.4%
Free cash flow$1.2B$374.6M
Free cash flow margin16.6%14.5%
Earnings per share (diluted)$4.57$27.85
Cash$1.8B$529.8M
Debt$3.1B$1.2B
Price to earnings37.813.7
Market value$48.8B$10.2B
Dividend yield0.57%n/a
Rank by revenue in sector#97 of 451 · Industrials#194 of 451 · Industrials

Over the years

Revenue
A FY2018: $4.9BA FY2019: $5.2BA FY2020: $5.3BA FY2021: $6.3BA FY2022: $6.8BA FY2023: $6.8BA FY2024: $6.5BA FY2025: $6.9BBIO FY2018: $2.3BBIO FY2019: $2.3BBIO FY2020: $2.5BBIO FY2021: $2.9BBIO FY2022: $2.8BBIO FY2023: $2.7BBIO FY2024: $2.6BBIO FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
A $6.9BBIO $2.6B
Net income
A FY2018: $316MA FY2019: $1.1BA FY2020: $719MA FY2021: $1.2BA FY2022: $1.3BA FY2023: $1.2BA FY2024: $1.3BA FY2025: $1.3BBIO FY2018: $365.6MBIO FY2019: $1.8BBIO FY2020: $3.8BBIO FY2021: $4.3BBIO FY2022: -$3.6BBIO FY2023: -$637.3MBIO FY2024: -$1.8BBIO FY2025: $759.9MFY18FY19FY20FY21FY22FY23FY24FY25
A $1.3BBIO $759.9M
Net margin
A FY2018: 6.4%A FY2019: 20.7%A FY2020: 13.5%A FY2021: 19.1%A FY2022: 18.3%A FY2023: 18.1%A FY2024: 19.8%A FY2025: 18.8%BIO FY2018: 16.0%BIO FY2019: 76.1%BIO FY2020: 149.8%BIO FY2021: 145.6%BIO FY2022: -129.5%BIO FY2023: -23.9%BIO FY2024: -71.9%BIO FY2025: 29.4%FY18FY19FY20FY21FY22FY23FY24FY25
A 18.8%BIO 29.4%
Revenue growth
A FY2019: +5.1%A FY2020: +3.4%A FY2021: +18.4%A FY2022: +8.4%A FY2023: -0.2%A FY2024: -4.7%A FY2025: +6.7%BIO FY2019: +1.0%BIO FY2020: +10.1%BIO FY2021: +14.8%BIO FY2022: -4.1%BIO FY2023: -4.7%BIO FY2024: -3.9%BIO FY2025: +0.7%FY19FY20FY21FY22FY23FY24FY25
A +6.7%BIO +0.7%
Free cash flow
A FY2018: $910MA FY2019: $866MA FY2020: $802MA FY2021: $1.3BA FY2022: $1BA FY2023: $1.5BA FY2024: $1.4BA FY2025: $1.2BBIO FY2018: $155.7MBIO FY2019: $359.4MBIO FY2020: $476.4MBIO FY2021: $535.7MBIO FY2022: $81.6MBIO FY2023: $218.2MBIO FY2024: $289.6MBIO FY2025: $374.6MFY18FY19FY20FY21FY22FY23FY24FY25
A $1.2BBIO $374.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Agilent Technologies and Bio-Rad Laboratories

Which is bigger by revenue, Agilent Technologies or Bio-Rad Laboratories?

Agilent Technologies is bigger by revenue: $6.9B in fiscal 2025, against $2.6B for Bio-Rad Laboratories in fiscal 2025.

Which keeps more of its revenue as profit, Agilent Technologies or Bio-Rad Laboratories?

Agilent Technologies had a net margin of 18.8% in fiscal 2025; Bio-Rad Laboratories had 29.4% in fiscal 2025.

Which grew revenue faster, Agilent Technologies or Bio-Rad Laboratories?

In their latest fiscal years revenue changed by +6.7% at Agilent Technologies and +0.7% at Bio-Rad Laboratories.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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