BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools and services for the cell and gene therapy industry in the United States, Canada, Europe, the Middle East, Africa, and internationally. The company's products are used in the basic and applied research, and commercial manufacturing of biologic-based therapies. It offers proprietary biopreservation media products, including HypoThermosol FRS and CryoStor that are formulated to mitigate preservation-induced, delayed-onset cell damage and death; and the ThawSTAR line that includes automated vial and cryobag thawing products that control the heat and timing of the thawing process of biologic materials. The company also provides evo shipping containers that are cloud-connected passive storage and transport containers for temperature-sensitive biologics and pharmaceuticals; liquid nitrogen laboratory freezers, cryogenic equipment, and accessories; and biological and pharmaceutical storage services. It markets and sells its products directly, as well as through third party distributors. BioLife Solutions, Inc. was incorporated in 1987 and is headquartered in Bothell, Washington.
Revenue of BioLife Solutions, Inc. (BLFS)
Revenue in 2023 (TTM): $143.27 M
According to BioLife Solutions, Inc.'s latest financial reports the company's current revenue (TTM) is $143.27 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of BioLife Solutions, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $143.27 M | $41.57 M | $-45,238,000 | $-66,257,999 | $-66,427,000 |
| 2022 | $161.76 M | $53.82 M | $-29,513,000 | $-144,827,000 | $-139,805,000 |
| 2021 | $119.16 M | $37.75 M | $-23,983,000 | $-28,689,000 | $-8,383,000 |
| 2020 | $48.09 M | $27.44 M | $-2,976,000 | $-597,000 | $2.67 M |
| 2019 | $27.37 M | $18.51 M | $1.02 M | $9.52 M | $11.06 M |
| 2018 | $19.74 M | $13.53 M | $3.66 M | $3.27 M | $3.27 M |
| 2017 | $11.02 M | $6.75 M | $-1,056,000 | $-2,515,000 | $-2,515,000 |
| 2016 | $8.23 M | $4.78 M | $-2,065,000 | $-8,041,000 | $-6,875,000 |
| 2015 | $6.45 M | $3.81 M | $-5,017,129 | $-4,995,376 | $-4,213,936 |
| 2014 | $6.19 M | $3.04 M | $-3,135,690 | $-3,300,795 | $-3,217,750 |
| 2013 | $8.95 M | $3.76 M | $-94,869 | $-1,084,160 | $-1,084,160 |
| 2012 | $5.66 M | $2.29 M | $-756,880 | $-1,659,586 | $-1,659,586 |
| 2011 | $2.76 M | $1.4 M | $-1,112,522 | $-1,956,639 | $-1,956,639 |
| 2010 | $2.08 M | $856.39 K | $-1,320,829 | $-1,395,822 | $-1,983,630 |
| 2009 | $1.58 M | $574.58 K | $-2,192,606 | $-2,768,352 | $-2,768,352 |
| 2008 | $1.32 M | $551.85 K | $-2,400,918 | $-2,496,709 | $-2,775,117 |
| 2007 | $972.26 K | $509.16 K | $-2,447,621 | $-2,851,774 | $-2,851,774 |
| 2006 | $603.22 K | $305.15 K | $-1,847,710 | $-1,134,018 | $-1,134,018 |
| 2005 | $614.72 K | $364.64 K | $-564,600 | $-619,323 | $-619,323 |
| 2004 | $626.71 K | $462.73 K | $-497,620 | $-743,162 | $-743,162 |
| 2003 | $605.51 K | $605.51 K | $-1,563,412 | $-1,303,368 | $-1,303,368 |
| 2002 | $848.79 K | $848.79 K | $-451,231 | $-638,026 | $215.88 K |
| 2001 | $1.34 M | $555.32 K | $-4,100,707 | $ | $-4,410,257 |
| 2000 | $1.19 M | $920.55 K | $-2,603,826 | $ | $-2,771,927 |
| 1999 | $1.78 M | $1.1 M | $-830,354 | $-1,175,722 | $-1,175,722 |
| 1998 | $2.37 M | $1.09 M | $-901,235 | $ | $-1,268,341 |
| 1997 | $3.57 M | $1.65 M | $-1,236,012 | $ | $-1,589,993 |
| 1996 | $ | $ | $ | $ | $ |
| 1995 | $13.59 M | $7.83 M | $-1,385,728 | $ | $-2,230,725 |
| 1994 | $13.4 M | $6.6 M | $-2,400,000 | $ | $-2,600,000 |
| 1993 | $5.9 M | $1.2 M | $-6,900,000 | $-6,600,000 | $-6,600,000 |
| 1992 | $100 K | $-2,600,000 | $-5,000,000 | $-4,400,000 | $-4,700,000 |
| 1991 | $100 K | $-1,100,000 | $-2,700,000 | $-2,300,000 | $-2,600,000 |
| 1990 | $100 K | $-700,000 | $-1,700,000 | $-1,300,000 | $-1,700,000 |
| 1989 | $100 K | $-100,000 | $-300,000 | $ | $-500,000 |