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Side-by-side financial comparison of ASTROTECH Corp (ASTC) and BIO-RAD LABORATORIES, INC. (BIO). Click either name above to swap in a different company.

BIO-RAD LABORATORIES, INC. is the larger business by last-quarter revenue ($693.2M vs $148.0K, roughly 4683.8× ASTROTECH Corp). BIO-RAD LABORATORIES, INC. runs the higher net margin — 103.9% vs -2653.4%, a 2757.2% gap on every dollar of revenue. On growth, BIO-RAD LABORATORIES, INC. posted the faster year-over-year revenue change (3.9% vs -43.3%). BIO-RAD LABORATORIES, INC. produced more free cash flow last quarter ($119.1M vs $-4.0M). Over the past eight quarters, ASTROTECH Corp's revenue compounded faster (72.0% CAGR vs 6.5%).

Astrotech Corporation, formerly Spacehab Inc., is a technology incubator headquartered in Austin, Texas. Astrotech uses technology sourced internally and from research institutions, government laboratories, and universities to fund, manage and sell start-up companies. Astrotech Corporation's subsidiaries provide commercial products and services to NASA, the U.S. Department of Defense, national space agencies, and global commercial customers.

Bio-Rad Laboratories, Inc. is an American developer and manufacturer of specialized technological products for the life science research and clinical diagnostics markets. The company was founded in 1952 in Berkeley, California, by husband and wife team David and Alice Schwartz, both graduates of the University of California, Berkeley. Bio-Rad is based in Hercules, California, and has operations worldwide.

ASTC vs BIO — Head-to-Head

Bigger by revenue
BIO
BIO
4683.8× larger
BIO
$693.2M
$148.0K
ASTC
Growing faster (revenue YoY)
BIO
BIO
+47.1% gap
BIO
3.9%
-43.3%
ASTC
Higher net margin
BIO
BIO
2757.2% more per $
BIO
103.9%
-2653.4%
ASTC
More free cash flow
BIO
BIO
$123.1M more FCF
BIO
$119.1M
$-4.0M
ASTC
Faster 2-yr revenue CAGR
ASTC
ASTC
Annualised
ASTC
72.0%
6.5%
BIO

Income Statement — Q2 2026 vs Q4 2025

Metric
ASTC
ASTC
BIO
BIO
Revenue
$148.0K
$693.2M
Net Profit
$-3.9M
$720.0M
Gross Margin
5.4%
49.8%
Operating Margin
-2635.8%
-17.2%
Net Margin
-2653.4%
103.9%
Revenue YoY
-43.3%
3.9%
Net Profit YoY
2.0%
200.6%
EPS (diluted)
$26.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTC
ASTC
BIO
BIO
Q4 25
$148.0K
$693.2M
Q3 25
$297.0K
$653.0M
Q2 25
$220.0K
$651.6M
Q1 25
$534.0K
$585.4M
Q4 24
$261.0K
$667.5M
Q3 24
$34.0K
$649.7M
Q2 24
$74.0K
$638.5M
Q1 24
$50.0K
$610.8M
Net Profit
ASTC
ASTC
BIO
BIO
Q4 25
$-3.9M
$720.0M
Q3 25
$-3.5M
$-341.9M
Q2 25
$-2.9M
$317.8M
Q1 25
$-3.6M
$64.0M
Q4 24
$-4.0M
$-715.8M
Q3 24
$-3.3M
$653.2M
Q2 24
$-3.0M
$-2.2B
Q1 24
$-3.2M
$383.9M
Gross Margin
ASTC
ASTC
BIO
BIO
Q4 25
5.4%
49.8%
Q3 25
63.3%
52.6%
Q2 25
33.6%
53.0%
Q1 25
44.4%
52.3%
Q4 24
59.4%
51.2%
Q3 24
26.5%
54.8%
Q2 24
37.8%
55.6%
Q1 24
16.0%
53.4%
Operating Margin
ASTC
ASTC
BIO
BIO
Q4 25
-2635.8%
-17.2%
Q3 25
-1190.6%
10.0%
Q2 25
-1326.4%
11.8%
Q1 25
-724.2%
4.0%
Q4 24
-1655.6%
8.7%
Q3 24
-10670.6%
9.9%
Q2 24
-4518.9%
15.9%
Q1 24
-7066.0%
7.3%
Net Margin
ASTC
ASTC
BIO
BIO
Q4 25
-2653.4%
103.9%
Q3 25
-1166.7%
-52.4%
Q2 25
-1331.8%
48.8%
Q1 25
-680.3%
10.9%
Q4 24
-1536.0%
-107.2%
Q3 24
-9641.2%
100.5%
Q2 24
-3998.6%
-339.2%
Q1 24
-6308.0%
62.9%
EPS (diluted)
ASTC
ASTC
BIO
BIO
Q4 25
$26.59
Q3 25
$-12.70
Q2 25
$11.67
Q1 25
$2.29
Q4 24
$-25.89
Q3 24
$23.34
Q2 24
$-76.26
Q1 24
$13.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTC
ASTC
BIO
BIO
Cash + ST InvestmentsLiquidity on hand
$7.0M
$1.5B
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$15.5M
$7.5B
Total Assets
$19.7M
$10.6B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTC
ASTC
BIO
BIO
Q4 25
$7.0M
$1.5B
Q3 25
$11.3M
$1.4B
Q2 25
$15.1M
$1.4B
Q1 25
$18.1M
$1.7B
Q4 24
$21.5M
$1.7B
Q3 24
$21.8M
$1.6B
Q2 24
$42.9M
$1.6B
Q1 24
$52.4M
$1.6B
Total Debt
ASTC
ASTC
BIO
BIO
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ASTC
ASTC
BIO
BIO
Q4 25
$15.5M
$7.5B
Q3 25
$19.1M
$6.7B
Q2 25
$22.1M
$7.1B
Q1 25
$24.8M
$6.7B
Q4 24
$28.1M
$6.6B
Q3 24
$32.1M
$7.5B
Q2 24
$34.8M
$6.8B
Q1 24
$37.6M
$9.1B
Total Assets
ASTC
ASTC
BIO
BIO
Q4 25
$19.7M
$10.6B
Q3 25
$23.2M
$9.7B
Q2 25
$27.0M
$10.2B
Q1 25
$27.5M
$9.5B
Q4 24
$31.0M
$9.4B
Q3 24
$34.4M
$10.6B
Q2 24
$37.6M
$9.7B
Q1 24
$40.2M
$12.6B
Debt / Equity
ASTC
ASTC
BIO
BIO
Q4 25
0.16×
Q3 25
0.18×
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTC
ASTC
BIO
BIO
Operating Cash FlowLast quarter
$-3.5M
$164.9M
Free Cash FlowOCF − Capex
$-4.0M
$119.1M
FCF MarginFCF / Revenue
-2671.6%
17.2%
Capex IntensityCapex / Revenue
277.7%
6.6%
Cash ConversionOCF / Net Profit
0.23×
TTM Free Cash FlowTrailing 4 quarters
$-14.9M
$374.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTC
ASTC
BIO
BIO
Q4 25
$-3.5M
$164.9M
Q3 25
$-3.9M
$120.9M
Q2 25
$-2.4M
$116.5M
Q1 25
$-3.9M
$129.9M
Q4 24
$-3.0M
$124.2M
Q3 24
$-3.7M
$163.6M
Q2 24
$-2.5M
$97.6M
Q1 24
$-2.3M
$69.8M
Free Cash Flow
ASTC
ASTC
BIO
BIO
Q4 25
$-4.0M
$119.1M
Q3 25
$-4.4M
$89.2M
Q2 25
$-2.7M
$70.8M
Q1 25
$-3.9M
$95.5M
Q4 24
$-3.4M
$81.2M
Q3 24
$-3.9M
$123.4M
Q2 24
$-2.8M
$55.4M
Q1 24
$-2.5M
$29.6M
FCF Margin
ASTC
ASTC
BIO
BIO
Q4 25
-2671.6%
17.2%
Q3 25
-1476.1%
13.7%
Q2 25
-1231.4%
10.9%
Q1 25
-728.1%
16.3%
Q4 24
-1288.5%
12.2%
Q3 24
-11408.8%
19.0%
Q2 24
-3728.4%
8.7%
Q1 24
-5036.0%
4.8%
Capex Intensity
ASTC
ASTC
BIO
BIO
Q4 25
277.7%
6.6%
Q3 25
150.8%
4.9%
Q2 25
158.2%
7.0%
Q1 25
5.1%
5.9%
Q4 24
122.2%
6.4%
Q3 24
567.6%
6.2%
Q2 24
305.4%
6.6%
Q1 24
352.0%
6.6%
Cash Conversion
ASTC
ASTC
BIO
BIO
Q4 25
0.23×
Q3 25
Q2 25
0.37×
Q1 25
2.03×
Q4 24
Q3 24
0.25×
Q2 24
Q1 24
0.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTC
ASTC

Segment breakdown not available.

BIO
BIO

Clinical Diagnostics$425.3M61%
Life Science$267.9M39%

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