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BioLife Solutions (BLFS) investor relations material
BioLife Solutions Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary7 Aug, 2025
Executive summary
Q2 2025 revenue increased 29% year-over-year to $25.4M, driven by 28% growth in cell processing and new customer acquisitions in evo and Thaw product lines.
Cell processing revenue reached $23M, marking the seventh consecutive quarter of growth, with BPM products accounting for 85% of Q2 cell processing revenue.
Net loss from continuing operations was $15.8M, impacted by a $15.5M IPR&D expense from the Panthera acquisition.
Over $100M in cash and marketable securities at quarter end supports investment in strategic priorities, including a $2M investment in Pluristics.
Three major divestitures (Global Cooling, SciSafe, CBS) were completed, focusing the business on higher-margin, recurring revenue streams.
Financial highlights
Q2 2025 revenue was $25.4M, up 29% year-over-year, with cell processing revenue at $23M, up 28% year-over-year.
GAAP gross margin for Q2 was 62% (down from 64% last year); adjusted gross margin was 65% (down from 67%).
Adjusted EBITDA was $6.1M (24% of revenue), up from $3.9M (20%) last year.
GAAP net loss was $15.8M ($0.33/share), including a $15.5M IPR&D expense; adjusted net income was $0.5M.
Cash and marketable securities at quarter end were $100.2M.
Outlook and guidance
2025 total revenue guidance raised to $100M–$103M (22%–25% growth), with cell processing platform expected to contribute $91M–$93M (24%–26% growth).
EVO and Thaw platform guidance unchanged at $9M–$10M (3%–15% growth).
Full-year adjusted gross margin expected in the mid-60s; adjusted EBITDA margin expansion anticipated.
No material revenue expected from Panthera in 2025.
Management expects current liquidity to be sufficient for at least the next twelve months.
What's driving the raised full-year revenue guidance?
Assess long-term potential to scale CellSeal/hPL.
Elaborate on the evo product line evaluation.
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Next BioLife Solutions earnings date
Q3 202511 Nov, 2025
Next BioLife Solutions earnings date
Q3 202511 Nov, 2025
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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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