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Side-by-side financial comparison of TrueBlue, Inc. (TBI) and Bio-Techne (TECH). Click either name above to swap in a different company.

TrueBlue, Inc. is the larger business by last-quarter revenue ($418.2M vs $311.4M, roughly 1.3× Bio-Techne). On growth, TrueBlue, Inc. posted the faster year-over-year revenue change (8.3% vs -1.5%). Over the past eight quarters, TrueBlue, Inc.'s revenue compounded faster (1.9% CAGR vs 1.3%).

The Blue Bird Corporation is an American bus manufacturer. Headquartered in Fort Valley, Georgia, the company was best known for its production of school buses. The company has also manufactured a wide variety of other bus types, including transit buses, motorhomes, and specialty vehicles such as mobile libraries and mobile police command centers.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

TBI vs TECH — Head-to-Head

Bigger by revenue
TBI
TBI
1.3× larger
TBI
$418.2M
$311.4M
TECH
Growing faster (revenue YoY)
TBI
TBI
+9.9% gap
TBI
8.3%
-1.5%
TECH
Faster 2-yr revenue CAGR
TBI
TBI
Annualised
TBI
1.9%
1.3%
TECH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
TBI
TBI
TECH
TECH
Revenue
$418.2M
$311.4M
Net Profit
$51.0M
Gross Margin
21.5%
66.9%
Operating Margin
-7.0%
24.2%
Net Margin
16.4%
Revenue YoY
8.3%
-1.5%
Net Profit YoY
126.0%
EPS (diluted)
$-1.06
$0.32

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
TBI
TBI
TECH
TECH
Q1 26
$311.4M
Q4 25
$418.2M
$295.9M
Q3 25
$431.3M
Q2 25
$396.3M
$317.0M
Q1 25
$370.3M
$316.2M
Q4 24
$386.0M
$297.0M
Q3 24
$382.4M
$289.5M
Q2 24
$396.2M
$306.1M
Net Profit
TBI
TBI
TECH
TECH
Q1 26
$51.0M
Q4 25
$38.0M
Q3 25
$-1.9M
Q2 25
$-160.0K
$-17.7M
Q1 25
$-14.3M
$22.6M
Q4 24
$34.9M
Q3 24
$-7.6M
$33.6M
Q2 24
$-104.7M
$40.6M
Gross Margin
TBI
TBI
TECH
TECH
Q1 26
66.9%
Q4 25
21.5%
64.6%
Q3 25
22.7%
Q2 25
23.6%
62.7%
Q1 25
23.3%
67.9%
Q4 24
26.6%
65.3%
Q3 24
26.2%
63.2%
Q2 24
26.4%
66.4%
Operating Margin
TBI
TBI
TECH
TECH
Q1 26
24.2%
Q4 25
-7.0%
18.4%
Q3 25
-0.0%
Q2 25
-0.7%
-7.5%
Q1 25
-3.8%
12.2%
Q4 24
-2.7%
16.0%
Q3 24
-1.8%
13.8%
Q2 24
-15.1%
15.0%
Net Margin
TBI
TBI
TECH
TECH
Q1 26
16.4%
Q4 25
12.8%
Q3 25
-0.4%
Q2 25
-0.0%
-5.6%
Q1 25
-3.9%
7.1%
Q4 24
11.7%
Q3 24
-2.0%
11.6%
Q2 24
-26.4%
13.3%
EPS (diluted)
TBI
TBI
TECH
TECH
Q1 26
$0.32
Q4 25
$-1.06
$0.24
Q3 25
$-0.06
Q2 25
$-0.01
$-0.11
Q1 25
$-0.48
$0.14
Q4 24
$-0.41
$0.22
Q3 24
$-0.26
$0.21
Q2 24
$-3.45
$0.26

Balance Sheet & Financial Strength

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

Metric
TBI
TBI
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$24.5M
$209.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$274.6M
$2.1B
Total Assets
$638.7M
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TBI
TBI
TECH
TECH
Q1 26
$209.8M
Q4 25
$24.5M
$172.9M
Q3 25
$19.9M
Q2 25
$21.9M
$162.2M
Q1 25
$23.1M
$140.7M
Q4 24
$22.5M
$177.5M
Q3 24
$14.5M
$187.5M
Q2 24
$26.4M
$152.9M
Total Debt
TBI
TBI
TECH
TECH
Q1 26
Q4 25
$260.0M
Q3 25
Q2 25
$346.0M
Q1 25
$330.0M
Q4 24
$300.0M
Q3 24
$300.0M
Q2 24
$319.0M
Stockholders' Equity
TBI
TBI
TECH
TECH
Q1 26
$2.1B
Q4 25
$274.6M
$2.0B
Q3 25
$304.3M
Q2 25
$305.2M
$1.9B
Q1 25
$302.2M
$2.0B
Q4 24
$315.4M
$2.1B
Q3 24
$327.2M
$2.1B
Q2 24
$337.8M
$2.1B
Total Assets
TBI
TBI
TECH
TECH
Q1 26
$2.6B
Q4 25
$638.7M
$2.5B
Q3 25
$690.5M
Q2 25
$672.8M
$2.6B
Q1 25
$692.5M
$2.6B
Q4 24
$675.4M
$2.7B
Q3 24
$702.4M
$2.7B
Q2 24
$723.7M
$2.7B
Debt / Equity
TBI
TBI
TECH
TECH
Q1 26
Q4 25
0.13×
Q3 25
Q2 25
0.18×
Q1 25
0.16×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×

Cash Flow & Capital Efficiency

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

Metric
TBI
TBI
TECH
TECH
Operating Cash FlowLast quarter
$-4.4M
Free Cash FlowOCF − Capex
$-7.5M
FCF MarginFCF / Revenue
-1.8%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-73.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TBI
TBI
TECH
TECH
Q1 26
Q4 25
$-4.4M
Q3 25
$-19.8M
Q2 25
$-11.8M
$98.2M
Q1 25
$-22.1M
$41.1M
Q4 24
$6.1M
$84.3M
Q3 24
$-7.1M
$63.9M
Q2 24
$-1.8M
$75.5M
Free Cash Flow
TBI
TBI
TECH
TECH
Q1 26
Q4 25
$-7.5M
Q3 25
$-23.4M
Q2 25
$-16.1M
$93.3M
Q1 25
$-26.8M
$31.0M
Q4 24
$854.0K
$77.5M
Q3 24
$-12.7M
$54.7M
Q2 24
$-7.7M
$57.5M
FCF Margin
TBI
TBI
TECH
TECH
Q1 26
Q4 25
-1.8%
Q3 25
-5.4%
Q2 25
-4.0%
29.4%
Q1 25
-7.2%
9.8%
Q4 24
0.2%
26.1%
Q3 24
-3.3%
18.9%
Q2 24
-2.0%
18.8%
Capex Intensity
TBI
TBI
TECH
TECH
Q1 26
Q4 25
0.7%
Q3 25
0.8%
Q2 25
1.1%
1.5%
Q1 25
1.3%
3.2%
Q4 24
1.4%
2.3%
Q3 24
1.5%
3.2%
Q2 24
1.5%
5.9%
Cash Conversion
TBI
TBI
TECH
TECH
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
1.82×
Q4 24
2.42×
Q3 24
1.90×
Q2 24
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TBI
TBI

People Scout$187.7M45%
Other$175.0M42%
Healthcare Staffing Professionals Inc.$55.5M13%

TECH
TECH

Protein Sciences segment revenue$226.2M73%
Diagnostics and Spatial Biology segment revenue$85.6M27%
Other revenue (1)$5.4M2%

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