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BioLife Solutions (BLFS) investor relations material
BioLife Solutions Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Q3 2025 revenue reached $28.1 million, up 31% year-over-year, driven by 33% growth in cell processing revenue and strong demand from commercial therapy customers.
Completed the sale of the evo Cold Chain Logistics business in October 2025 for $25.5 million, refocusing on core cell processing operations.
Net income from continuing operations was $0.6 million for Q3 2025, compared to a net loss of $0.5 million in Q3 2024.
Strategic transformation and divestitures over the past two years have resulted in a high-margin, recurring revenue model and a strengthened balance sheet.
Acquired the remaining 90% of PanTHERA, enhancing biopreservation technology capabilities.
Financial highlights
Cell processing revenue was $25.4 million in Q3 2025, up 33% year-over-year; adjusted for a $1.3 million order pulled forward, growth would have been 26%.
GAAP gross margin was 62% (down from 63%); adjusted gross margin was 64% (down from 67%), impacted by a $600,000 one-time inventory reserve.
GAAP net income was $0.6 million ($0.01 per share) for Q3 2025, versus a net loss of $0.5 million in Q3 2024.
Adjusted EBITDA was $7.8 million (28% of revenue), up from $5.0 million (23%) year-over-year.
Cash and marketable securities were $98.4 million as of September 30, 2025, excluding evo sale proceeds.
Outlook and guidance
Full-year 2025 cell processing revenue guidance raised to $93–$94 million (26%–28% growth year-over-year); total revenue guidance (excluding evo) increased to $95–$96 million, representing 27%–29% growth.
Adjusted gross margin for the full year expected in the mid-60s; adjusted EBITDA margin expansion anticipated.
Sequential Q4 revenue expected to decrease due to timing of a large order shipped in Q3.
Management expects current liquidity to be sufficient for at least the next twelve months.
Focus remains on organic growth, innovation, and maximizing value from core product platforms.
What drives sequential cell processing growth?
Future impact of inventory reserve on margins?
What is the timeline for 10 new CGT approvals?
What financial profile impact is acceptable for M&A?
What is needed for CryoCase customer commitment?
How does late-stage trial share enhance demand visibility?
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Next BioLife Solutions earnings date
Q4 20252 Mar, 2026
Next BioLife Solutions earnings date
Q4 20252 Mar, 2026
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Frequently asked questions
BioLife Solutions Inc is a supplier of biopreservation tools and services for the cell and gene therapy industry. The company offers biopreservation media, freezers, thawing systems, and cloud-connected storage solutions to support the handling of biological materials. It serves biopharmaceutical companies, research institutions, and contract manufacturers. BioLife Solutions Inc is headquartered in Bothell, Washington, and its shares are listed on the NASDAQ.
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