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Side-by-side financial comparison of Bioventus Inc. (BVS) and Core Laboratories Inc. (CLB). Click either name above to swap in a different company.

Bioventus Inc. is the larger business by last-quarter revenue ($157.9M vs $121.8M, roughly 1.3× Core Laboratories Inc.). Bioventus Inc. runs the higher net margin — 9.3% vs 4.2%, a 5.1% gap on every dollar of revenue. On growth, Bioventus Inc. posted the faster year-over-year revenue change (2.8% vs -1.4%). Bioventus Inc. produced more free cash flow last quarter ($37.4M vs $517.0K). Over the past eight quarters, Bioventus Inc.'s revenue compounded faster (10.4% CAGR vs -3.4%).

Bioventus Inc. is a global medical technology company specializing in orthobiologic solutions. It develops and commercializes products supporting bone and joint healing, musculoskeletal pain management, and regenerative care for patients. Its offerings serve orthopedic clinicians, physical therapists, and patients across North America, Europe, and Asia Pacific, with core segments covering surgical orthobiologics and non-surgical pain relief solutions.

Abbott Laboratories, commonly known as Abbott, is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois. The company produces pharmaceuticals for sale outside the United States, diagnostic products, nutritional products, and medical devices.

BVS vs CLB — Head-to-Head

Bigger by revenue
BVS
BVS
1.3× larger
BVS
$157.9M
$121.8M
CLB
Growing faster (revenue YoY)
BVS
BVS
+4.2% gap
BVS
2.8%
-1.4%
CLB
Higher net margin
BVS
BVS
5.1% more per $
BVS
9.3%
4.2%
CLB
More free cash flow
BVS
BVS
$36.9M more FCF
BVS
$37.4M
$517.0K
CLB
Faster 2-yr revenue CAGR
BVS
BVS
Annualised
BVS
10.4%
-3.4%
CLB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BVS
BVS
CLB
CLB
Revenue
$157.9M
$121.8M
Net Profit
$14.8M
$5.1M
Gross Margin
68.9%
Operating Margin
12.3%
1.5%
Net Margin
9.3%
4.2%
Revenue YoY
2.8%
-1.4%
Net Profit YoY
3902.8%
EPS (diluted)
$0.21
$0.11

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
BVS
BVS
CLB
CLB
Q1 26
$121.8M
Q4 25
$157.9M
$138.3M
Q3 25
$138.7M
$134.5M
Q2 25
$147.7M
$130.2M
Q1 25
$123.9M
$123.6M
Q4 24
$153.6M
$129.2M
Q3 24
$139.0M
$134.4M
Q2 24
$151.2M
$130.6M
Net Profit
BVS
BVS
CLB
CLB
Q1 26
$5.1M
Q4 25
$14.8M
$4.9M
Q3 25
$3.2M
$14.2M
Q2 25
$7.5M
$10.6M
Q1 25
$-2.6M
$-154.0K
Q4 24
$-388.0K
$7.4M
Q3 24
$-5.2M
$11.7M
Q2 24
$-25.7M
$9.0M
Gross Margin
BVS
BVS
CLB
CLB
Q1 26
Q4 25
68.9%
20.8%
Q3 25
68.0%
22.0%
Q2 25
69.1%
20.3%
Q1 25
67.0%
19.5%
Q4 24
66.8%
17.8%
Q3 24
67.3%
20.5%
Q2 24
68.5%
21.2%
Operating Margin
BVS
BVS
CLB
CLB
Q1 26
1.5%
Q4 25
12.3%
11.5%
Q3 25
8.1%
15.6%
Q2 25
12.4%
11.7%
Q1 25
3.9%
3.6%
Q4 24
5.0%
11.0%
Q3 24
2.6%
14.7%
Q2 24
-20.8%
12.3%
Net Margin
BVS
BVS
CLB
CLB
Q1 26
4.2%
Q4 25
9.3%
3.6%
Q3 25
2.3%
10.6%
Q2 25
5.1%
8.2%
Q1 25
-2.1%
-0.1%
Q4 24
-0.3%
5.7%
Q3 24
-3.7%
8.7%
Q2 24
-17.0%
6.9%
EPS (diluted)
BVS
BVS
CLB
CLB
Q1 26
$0.11
Q4 25
$0.21
$0.11
Q3 25
$0.05
$0.30
Q2 25
$0.11
$0.22
Q1 25
$-0.04
$0.00
Q4 24
$0.00
$0.15
Q3 24
$-0.08
$0.25
Q2 24
$-0.40
$0.19

Balance Sheet & Financial Strength

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

Metric
BVS
BVS
CLB
CLB
Cash + ST InvestmentsLiquidity on hand
$51.2M
$22.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$184.1M
$275.1M
Total Assets
$683.6M
$587.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BVS
BVS
CLB
CLB
Q1 26
$22.8M
Q4 25
$51.2M
$22.7M
Q3 25
$42.2M
$25.6M
Q2 25
$32.9M
$31.2M
Q1 25
$22.8M
$22.1M
Q4 24
$41.6M
$19.2M
Q3 24
$43.1M
$21.5M
Q2 24
$32.0M
$17.7M
Total Debt
BVS
BVS
CLB
CLB
Q1 26
Q4 25
$110.3M
Q3 25
$114.1M
Q2 25
$124.6M
Q1 25
$124.4M
Q4 24
$126.1M
Q3 24
$139.9M
Q2 24
$147.6M
Stockholders' Equity
BVS
BVS
CLB
CLB
Q1 26
$275.1M
Q4 25
$184.1M
$266.0M
Q3 25
$166.1M
$271.3M
Q2 25
$161.2M
$261.3M
Q1 25
$148.1M
$253.4M
Q4 24
$147.9M
$246.6M
Q3 24
$148.7M
$250.7M
Q2 24
$150.9M
$240.3M
Total Assets
BVS
BVS
CLB
CLB
Q1 26
$587.7M
Q4 25
$683.6M
$584.0M
Q3 25
$701.6M
$591.4M
Q2 25
$706.8M
$602.1M
Q1 25
$691.4M
$591.5M
Q4 24
$728.0M
$585.1M
Q3 24
$769.5M
$600.5M
Q2 24
$792.2M
$597.8M
Debt / Equity
BVS
BVS
CLB
CLB
Q1 26
Q4 25
0.41×
Q3 25
0.42×
Q2 25
0.48×
Q1 25
0.49×
Q4 24
0.51×
Q3 24
0.56×
Q2 24
0.61×

Cash Flow & Capital Efficiency

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

Metric
BVS
BVS
CLB
CLB
Operating Cash FlowLast quarter
$38.0M
$4.0M
Free Cash FlowOCF − Capex
$37.4M
$517.0K
FCF MarginFCF / Revenue
23.7%
0.4%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.57×
0.77×
TTM Free Cash FlowTrailing 4 quarters
$72.1M
$22.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BVS
BVS
CLB
CLB
Q1 26
$4.0M
Q4 25
$38.0M
$7.9M
Q3 25
$30.1M
$8.5M
Q2 25
$25.9M
$13.9M
Q1 25
$-19.3M
$6.7M
Q4 24
$19.3M
$20.6M
Q3 24
$10.3M
$13.1M
Q2 24
$15.2M
$17.1M
Free Cash Flow
BVS
BVS
CLB
CLB
Q1 26
$517.0K
Q4 25
$37.4M
$5.0M
Q3 25
$29.6M
$6.5M
Q2 25
$25.3M
$10.4M
Q1 25
$-20.2M
$3.9M
Q4 24
$18.7M
$17.4M
Q3 24
$10.3M
$10.4M
Q2 24
$15.1M
$14.3M
FCF Margin
BVS
BVS
CLB
CLB
Q1 26
0.4%
Q4 25
23.7%
3.6%
Q3 25
21.4%
4.8%
Q2 25
17.1%
8.0%
Q1 25
-16.3%
3.1%
Q4 24
12.2%
13.4%
Q3 24
7.4%
7.7%
Q2 24
10.0%
10.9%
Capex Intensity
BVS
BVS
CLB
CLB
Q1 26
Q4 25
0.4%
2.1%
Q3 25
0.3%
1.5%
Q2 25
0.5%
2.7%
Q1 25
0.7%
2.3%
Q4 24
0.4%
2.5%
Q3 24
0.0%
2.0%
Q2 24
0.1%
2.2%
Cash Conversion
BVS
BVS
CLB
CLB
Q1 26
0.77×
Q4 25
2.57×
1.61×
Q3 25
9.54×
0.60×
Q2 25
3.48×
1.31×
Q1 25
Q4 24
2.78×
Q3 24
1.12×
Q2 24
1.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BVS
BVS

Pain Treatments$71.1M45%
Surgical Solutions$48.9M31%
Restorative Therapies$19.5M12%
Other$18.4M12%

CLB
CLB

Segment breakdown not available.

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