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BioLife Solutions (BLFS)


Market Price (6/21/2026): $26.03 | Market Cap: $1.3 BilSector: Health Care | Industry: Health Care Supplies

BioLife Solutions (BLFS)


Market Price (6/21/2026): $26.03
Market Cap: $1.3 Bil
Sector: Health Care
Industry: Health Care Supplies

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%

Low stock price volatility
Vol 12M is 45%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Biopharmaceutical R&D, Show more.

Weak multi-year price returns
2Y Excs Rtn is -11%, 3Y Excs Rtn is -65%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -15%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 71x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 24%

Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.8%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.4%

Key risks
BLFS key risks include [1] high customer concentration, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%
1 Low stock price volatility
Vol 12M is 45%
2 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Biopharmaceutical R&D, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -11%, 3Y Excs Rtn is -65%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -15%
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 71x
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 24%
7 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.8%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.4%
9 Key risks
BLFS key risks include [1] high customer concentration, Show more.

BLFS in ETFs

Weight = BLFS's share of each fund

VTI0.00%
ITOT0.00%
IWM0.03%
IJR0.05%
IWO0.06%
SLYV0.06%
VIOV0.06%
SLYG0.05%
+9 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/1/2026

BioLife Solutions (BLFS) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Q1 2026 Financial Performance Exceeding Expectations.

BioLife Solutions reported first-quarter 2026 revenue of $27.5 million, marking a 25% increase year-over-year and surpassing analyst estimates of $25.66 million. The company also returned to GAAP net income with $1.2 million, a substantial improvement from the previous year, and reported an EPS of $0.04, which beat the consensus estimate of $0.01.

2. Confident Full-Year 2026 Revenue and Profitability Outlook.

Management reaffirmed its full-year 2026 revenue guidance in the range of $112.5 million to $115.0 million, projecting robust growth of 17% to 20% compared to 2025. This reiterated positive outlook, coupled with the expectation of achieving full-year GAAP net income, reinforced investor confidence in the company's sustained financial health.

Show more
Updated on 6/1/2026

BioLife Solutions (BLFS) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Q1 2026 Financial Performance Exceeding Expectations.

BioLife Solutions reported first-quarter 2026 revenue of $27.5 million, marking a 25% increase year-over-year and surpassing analyst estimates of $25.66 million. The company also returned to GAAP net income with $1.2 million, a substantial improvement from the previous year, and reported an EPS of $0.04, which beat the consensus estimate of $0.01.

2. Confident Full-Year 2026 Revenue and Profitability Outlook.

Management reaffirmed its full-year 2026 revenue guidance in the range of $112.5 million to $115.0 million, projecting robust growth of 17% to 20% compared to 2025. This reiterated positive outlook, coupled with the expectation of achieving full-year GAAP net income, reinforced investor confidence in the company's sustained financial health.

3. High Demand for Biopreservation Media in the Growing Cell and Gene Therapy Market.

The significant revenue growth in Q1 2026 was primarily fueled by increased adoption and demand for BioLife Solutions' biopreservation media, including CryoStor, from customers utilizing commercially approved cell and gene therapies. This highlights the company's crucial role and strong market position within the expanding cell and gene therapy industry.

4. Positive Analyst Sentiment and Attractive Price Targets.

Wall Street analysts largely maintained a bullish outlook on BioLife Solutions during this period. As of late May and early June 2026, the stock had an average price target ranging from $32.00 to $32.56, implying a potential upside of approximately 19% to 35% from recent trading prices.

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Stock Movement Drivers

Fundamental Drivers

The 7.6% change in BLFS stock from 2/28/2026 to 6/20/2026 was primarily driven by a 5.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266202026Change
Stock Price ($)24.2026.047.6%
Change Contribution By: 
Total Revenues ($ Mil)941005.8%
P/S Multiple12.412.62.4%
Shares Outstanding (Mil)4848-0.6%
Cumulative Contribution7.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/20/2026
ReturnCorrelation
BLFS7.6% 
Market (SPY)9.2%40.9%
Sector (XLV)-6.4%36.4%

Fundamental Drivers

The -1.7% change in BLFS stock from 11/30/2025 to 6/20/2026 was primarily driven by a -9.7% change in the company's P/S Multiple.
(LTM values as of)113020256202026Change
Stock Price ($)26.5026.04-1.7%
Change Contribution By: 
Total Revenues ($ Mil)9110010.1%
P/S Multiple14.012.6-9.7%
Shares Outstanding (Mil)4848-1.1%
Cumulative Contribution-1.7%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/20/2026
ReturnCorrelation
BLFS-1.7% 
Market (SPY)9.9%34.7%
Sector (XLV)-4.4%36.3%

Fundamental Drivers

The 19.0% change in BLFS stock from 5/31/2025 to 6/20/2026 was primarily driven by a 27.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120256202026Change
Stock Price ($)21.8826.0419.0%
Change Contribution By: 
Total Revenues ($ Mil)7810027.5%
P/S Multiple13.212.6-4.0%
Shares Outstanding (Mil)4748-2.7%
Cumulative Contribution19.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/20/2026
ReturnCorrelation
BLFS19.0% 
Market (SPY)28.1%41.2%
Sector (XLV)14.6%41.1%

Fundamental Drivers

The 11.5% change in BLFS stock from 5/31/2023 to 6/20/2026 was primarily driven by a 28.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236202026Change
Stock Price ($)23.3526.0411.5%
Change Contribution By: 
Total Revenues ($ Mil)7810028.4%
P/S Multiple12.912.6-2.2%
Shares Outstanding (Mil)4348-11.2%
Cumulative Contribution11.5%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/20/2026
ReturnCorrelation
BLFS11.5% 
Market (SPY)85.7%40.9%
Sector (XLV)22.9%36.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BLFS Return-7%-51%-11%60%-7%6%-36%
Peers Return44%-37%1%-19%3%-8%-31%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
BLFS Win Rate42%42%42%50%42%67% 
Peers Win Rate65%35%48%43%50%30% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
BLFS Max Drawdown-45%-72%-66%-23%-28%-31% 
Peers Max Drawdown-25%-48%-40%-38%-41%-39% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CYRX, AZTA, TMO, DHR, RGEN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventBLFSS&P 500
2025 US Tariff Shock
  % Loss-26.1%-18.8%
  % Gain to Breakeven35.3%23.1%
  Time to Breakeven190 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-53.7%-9.5%
  % Gain to Breakeven115.9%10.5%
  Time to Breakeven193 days24 days
2023 SVB Regional Banking Crisis
  % Loss-24.8%-6.7%
  % Gain to Breakeven33.0%7.1%
  Time to Breakeven28 days31 days
2020 COVID-19 Crash
  % Loss-48.8%-33.7%
  % Gain to Breakeven95.2%50.9%
  Time to Breakeven64 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-31.6%-19.2%
  % Gain to Breakeven46.2%23.8%
  Time to Breakeven41 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-20.8%-3.7%
  % Gain to Breakeven26.2%3.9%
  Time to Breakeven63 days6 days

Compare to CYRX, AZTA, TMO, DHR, RGEN

In The Past

BioLife Solutions's stock fell -26.1% during the 2025 US Tariff Shock. Such a loss loss requires a 35.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBLFSS&P 500
2025 US Tariff Shock
  % Loss-26.1%-18.8%
  % Gain to Breakeven35.3%23.1%
  Time to Breakeven190 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-53.7%-9.5%
  % Gain to Breakeven115.9%10.5%
  Time to Breakeven193 days24 days
2023 SVB Regional Banking Crisis
  % Loss-24.8%-6.7%
  % Gain to Breakeven33.0%7.1%
  Time to Breakeven28 days31 days
2020 COVID-19 Crash
  % Loss-48.8%-33.7%
  % Gain to Breakeven95.2%50.9%
  Time to Breakeven64 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-31.6%-19.2%
  % Gain to Breakeven46.2%23.8%
  Time to Breakeven41 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-20.8%-3.7%
  % Gain to Breakeven26.2%3.9%
  Time to Breakeven63 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-28.0%-12.2%
  % Gain to Breakeven38.9%13.9%
  Time to Breakeven178 days62 days
2014-2016 Oil Price Collapse
  % Loss-36.7%-6.8%
  % Gain to Breakeven58.0%7.3%
  Time to Breakeven63 days15 days
2013 Taper Tantrum
  % Loss-42.7%-0.2%
  % Gain to Breakeven74.4%0.2%
  Time to Breakeven1210 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-69.7%-17.9%
  % Gain to Breakeven230.0%21.8%
  Time to Breakeven2 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-45.0%-15.4%
  % Gain to Breakeven81.8%18.2%
  Time to Breakeven179 days125 days
2008-2009 Global Financial Crisis
  % Loss-66.7%-53.4%
  % Gain to Breakeven200.0%114.4%
  Time to Breakeven20 days1085 days

Compare to CYRX, AZTA, TMO, DHR, RGEN

In The Past

BioLife Solutions's stock fell -26.1% during the 2025 US Tariff Shock. Such a loss loss requires a 35.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About BioLife Solutions (BLFS)

BioLife Solutions, Inc. (BLFS) is a critical supplier for the rapidly growing cell and gene therapy industry, providing specialized bioproduction tools and services. The company's offerings are essential for researchers and manufacturers involved in developing and producing biologic-based therapies. With a global presence, BioLife Solutions supports its customers across the United States, Canada, Europe, the Middle East, Africa, and other international markets.

The company's core product lines address crucial challenges in handling delicate biological materials. This includes proprietary biopreservation media such as HypoThermosol FRS and CryoStor, which are specifically formulated to prevent damage and death to cells during preservation processes. Additionally, BioLife Solutions offers the ThawSTAR line of automated thawing products, designed to precisely control the heat and timing for safely thawing vials and cryobags containing biologic materials, ensuring their viability.

Beyond preservation and thawing, BioLife Solutions provides a comprehensive suite of solutions for cold chain management. This includes evo shipping containers, which are cloud-connected passive storage and transport containers for maintaining the temperature integrity of sensitive biologics and pharmaceuticals. The company also supplies liquid nitrogen laboratory freezers, various cryogenic equipment, accessories, and offers biological and pharmaceutical storage services, thereby supporting the entire lifecycle of temperature-sensitive therapies from research to commercial manufacturing.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe BioLife Solutions (BLFS):

  • Like a highly specialized Thermo Fisher Scientific for cell and gene therapy biopreservation.
  • The FedEx of ultra-sensitive, temperature-controlled biological materials for the cell and gene therapy industry.

AI Analysis | Feedback

Major Products and Services of BioLife Solutions (BLFS):

  • Biopreservation Media Products: Proprietary media such as HypoThermosol FRS and CryoStor are formulated to mitigate preservation-induced cell damage and death.
  • ThawSTAR Thawing Products: Automated vial and cryobag thawing products that control the heat and timing for biologic materials.
  • evo Shipping Containers: Cloud-connected passive storage and transport containers for temperature-sensitive biologics and pharmaceuticals.
  • Cryogenic Equipment: Includes liquid nitrogen laboratory freezers, cryogenic equipment, and accessories.
  • Biological and Pharmaceutical Storage Services: Provides services for the storage of biological and pharmaceutical materials.

AI Analysis | Feedback

BioLife Solutions (BLFS) primarily sells its bioproduction tools and services to other companies within the cell and gene therapy industry. While specific major customer names are not disclosed in the provided company description, the company's customer base consists of entities involved in the research, development, and commercial manufacturing of biologic-based therapies. These major categories of customers include:

  • Pharmaceutical and Biotechnology Companies: Firms engaged in the development and commercial production of cell and gene therapies, requiring specialized biopreservation media, thawing devices, and cryogenic storage solutions.
  • Research Institutions and Academic Centers: Universities, hospitals, and other research organizations conducting basic and applied research in the fields of cell biology, gene therapy, and regenerative medicine.
  • Contract Development and Manufacturing Organizations (CDMOs): Companies that provide outsourced development and manufacturing services for cell and gene therapy products to pharmaceutical and biotech clients.

AI Analysis | Feedback

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AI Analysis | Feedback

Roderick de Greef, Chief Executive Officer and Chairman of the Board

Mr. de Greef was appointed CEO and Chairman of the Board in October 2023. He has a long history with BioLife Solutions, having previously served as CFO from 2016 to 2021, COO from 2019 to 2021, and President & COO from November 2021 to January 2023. He also served on the company's board of directors from 2000 to 2013 and rejoined in January 2023. Prior to his operational roles at BioLife Solutions, Mr. de Greef spent over two decades as Chief Financial Officer for several public and private life science and medical technology companies. He has been involved in numerous domestic and international mergers and acquisitions and financing transactions. He has also served on the boards of other public companies, including Endologix, Cambridge Heart, Cardiac Science, and Elephant Talk Communications.

Troy Wichterman, Chief Financial Officer

Mr. Wichterman was promoted to Chief Financial Officer in November 2021. He joined BioLife Solutions in 2015 as a financial analyst and advanced through positions of increasing responsibility, including Vice President of Finance since November 2019. He played an integral role in six acquisitions for the company. Before joining BioLife, Mr. Wichterman held various finance and accounting roles at Ventas, a public healthcare REIT, Heitman, a private equity real estate firm, and PricewaterhouseCoopers (PwC).

Aby J. Mathew, PhD, Executive Vice President and Chief Scientific Officer

Dr. Mathew was part of the founding team of BioLife Solutions and is a co-developer of the company's proprietary biopreservation media solutions, including HypoThermosol® and CryoStor®. He is a co-inventor on multiple issued and pending patents related to methods, devices, and formulations for the preservation of cells, tissues, and organs. Dr. Mathew has been conducting research in low-temperature biopreservation since 1994.

Garrie Richardson, Chief Revenue Officer

Mr. Richardson was appointed Chief Revenue Officer in October 2023. He founded SciSafe in 2010 and served as its CEO until BioLife Solutions acquired SciSafe in 2020. Following the acquisition, he served as the General Manager of BioLife's biostorage business before his promotion to Chief Revenue Officer.

AI Analysis | Feedback

Here are the key risks to the business of BioLife Solutions (BLFS):
  1. Dependence on the Cell and Gene Therapy (CGT) Industry and Regulatory Changes: BioLife Solutions' financial performance is closely tied to the cell and gene therapy (CGT) industry, which, despite its rapid growth, exposes the company to sector-specific risks. Any downturns or significant shifts, such as changes in cell and gene therapy regulations or delays in regulatory approvals (e.g., FDA updates on cell therapy manufacturing), could severely impact the adoption of new therapies and, consequently, the demand for BioLife's products and its revenue and growth prospects. Staying ahead of these regulatory changes is crucial for the company's success.
  2. Intense Competition: BioLife Solutions operates in a highly competitive market, facing fierce competition from both established and emerging firms, including larger entities with greater financial and human resources. This competitive pressure could lead to price wars, reduced market share, and impact profitability, especially within the biopreservation market. The ongoing challenge of competitors developing more effective or less costly products requires continuous innovation and strategic marketing efforts from BioLife Solutions.
  3. Customer and Product Concentration: The company faces a risk associated with customer and product concentration. A significant portion of BioLife Solutions' revenue, particularly for its biopreservation media (BPM) products, is generated from a limited number of customers, with the top 20 BPM customers accounting for roughly 80% of BPM revenue. Similarly, a small number of products, such as CryoStor, drive a large share of sales. This reliance makes BioLife Solutions vulnerable to changes or disruptions involving these major clients or specific product sales, which could significantly impact net product revenue and operating results.

AI Analysis | Feedback

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AI Analysis | Feedback

BioLife Solutions, Inc. provides bioproduction tools and services across several key markets within the cell and gene therapy industry. The addressable markets for its main products and services are significant and are projected to grow considerably.

Biopreservation Media Products (HypoThermosol FRS and CryoStor)

The global biopreservation market for media was valued at USD 1.9 billion in 2025 and is projected to reach USD 15.5 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 23.6% from 2026 to 2035. Another estimate places the global biopreservation market size at USD 4.4 billion in 2024, with a projection to reach USD 7.1 billion by 2029, growing at a CAGR of 9.8%. Focusing specifically on cell cryopreservation, a closely related market, the global market size was valued at US$ 14.9 billion in 2024 and is projected to reach US$ 104.8 billion by 2035, expanding at a CAGR of 19.4% from 2025 to 2035. North America held the largest revenue share in the cell cryopreservation market, at 40.2% in 2024.

ThawSTAR Line (Automated Vial and Cryobag Thawing Products)

The global cryobag thawing system market is expected to grow with a CAGR of 4.1% from 2025 to 2031. The broader global thawing equipment market was valued at USD 180 million in 2021 and is projected to reach USD 321.03 million by 2029, with a CAGR of 7.50% from 2022 to 2029. North America dominates the thawing equipment market due to the prevalence of large blood banks and improved healthcare infrastructure. Another report indicates that the global freeze and thaw systems market size was USD 415.5 million in 2024 and is expected to expand at a CAGR of 7.20% from 2024 to 2031.

Evo Shipping Containers (Cloud-connected Passive Storage and Transport Containers)

These products fall under the cell and gene therapy cold chain logistics market. The global cell and gene therapy third-party logistics market size was estimated at USD 10.71 billion in 2024 and is projected to reach USD 20.04 billion by 2030, growing at a CAGR of 11.05% from 2025 to 2030. North America accounted for the largest market share of 38.13% in this market in 2024. Similarly, the global cell and gene therapy cold chain logistics market size was valued at USD 2.14 billion in 2025 and is anticipated to grow to USD 9.12 billion by 2035, at a CAGR of 15.60% during the forecast period of 2026-2035. Another source estimates the global cell & gene therapy logistics market size at US$ 6.41 billion in 2025, expected to reach around US$ 43.14 billion by 2035, expanding at a CAGR of 21% between 2026 and 2035.

Liquid Nitrogen Laboratory Freezers, Cryogenic Equipment, and Accessories

The global cryogenic equipment market size was valued at USD 22.73 billion in 2024 and is estimated to reach USD 34.40 billion by 2033, exhibiting a CAGR of 4.23% during 2025-2033. Asia Pacific currently dominates this market, holding over 37.8% share in 2024. Other projections for the global cryogenic equipment market size include USD 26,573.8 million in 2025, reaching USD 45,390.9 million by 2033 with a CAGR of 7.0% from 2026 to 2033. A related market, the global biopreservation media storage equipment market, was evaluated at USD 1.30 billion in 2025 and is predicted to reach approximately USD 2.69 billion by 2035, growing at a CAGR of 7.55%.

Biological and Pharmaceutical Storage Services

The global biostorage service market was valued at USD 4.6 billion in 2024 and is expected to reach USD 11.0 billion by 2035, growing at a CAGR of approximately 8.2% between 2025 and 2035. Furthermore, the global cryopreservation services market was estimated to be worth USD 8 billion in 2023 and is expected to increase to USD 34.07 billion by 2030, with a projected CAGR of 23% from 2024 to 2030. The global biological sample temperature-controlled storage services market size was valued at USD 619 million in 2025 and is projected to grow to USD 1,292 million by 2034, exhibiting a CAGR of 11.4%. For pharmaceutical-specific storage, the global pharmaceutical stability and storage services market was valued at USD 15 billion in 2024 and is projected to exhibit a 6.5% CAGR from 2025 to 2034.

AI Analysis | Feedback

BioLife Solutions (NASDAQ: BLFS) is expected to drive future revenue growth over the next 2-3 years through several key factors:

  • Growing Adoption of Biopreservation Media in Commercial Cell and Gene Therapies: BioLife Solutions' proprietary biopreservation media products, such as CryoStor and HypoThermosol, are increasingly being adopted by customers with commercially approved cell and gene therapies. This segment represented approximately 40% of total biopreservation media revenue in Q2 2025, with expectations for it to reach 50%-55% in 2026, indicating a significant and recurring revenue stream as more therapies gain approval and patient populations grow. The company's biopreservation media is embedded in 16 approved therapies and utilized in over 250 ongoing commercial clinical trials in the U.S.
  • Expansion of the Cell and Gene Therapy (CGT) Market: The broader growth of the cell and gene therapy market is a significant tailwind for BioLife Solutions. This includes the approval of new and unique therapies, geographic expansion of existing treatments, and the application of approved therapies to earlier lines of treatment and additional indications. This expanding market directly increases the demand for BioLife's essential bioproduction tools.
  • Multi-Product Penetration and Cross-selling Opportunities: BioLife Solutions is focused on increasing its revenue per patient dose by cross-selling its comprehensive portfolio of cell processing tools beyond just biopreservation media. The strategic divestiture of its evo cold chain logistics business in late 2025 further streamlined the company to focus on its higher-value, recurring cell processing revenue franchises, creating greater opportunities for customers to adopt a wider range of its products, such as ThawSTAR automated thawing devices.
  • Strategic Acquisitions and Partnerships: The company's strategy includes expanding its platform through targeted mergers and acquisitions, minority investments, and strategic collaborations. Recent examples include the acquisition of PanTHERA CryoSolutions, an investment in Pluristyx, and a new distribution and development agreement with Qkine Limited for cytokines. These initiatives are designed to broaden BioLife's product offerings and market reach within the cell and gene therapy ecosystem.
  • Planned Price Increases: BioLife Solutions anticipates implementing price increases in 2026, with expectations for a 4% to 6% increase depending on the specific product (SKU). This strategy is expected to contribute to revenue growth, with past performance indicating that year-to-date price growth in 2025 was even higher than list price increases due to customer contract negotiations.

AI Analysis | Feedback

Share Repurchases

No information available for share repurchases over the last 3-5 years.

Share Issuance

  • BioLife Solutions issued 6.65 million shares of common stock as part of the acquisition of Global Cooling, Inc. (Stirling Ultracold) in May 2021.
  • As of February 19, 2026, the company had 48.3 million shares issued and outstanding, and 50.2 million shares on a fully diluted basis.

Outbound Investments

  • Acquired Global Cooling, Inc. (operating as Stirling Ultracold), a manufacturer of ultra-low temperature mechanical freezers, for approximately $270 million in May 2021, primarily through the issuance of 6.65 million shares of common stock and assumption of $8.7 million in debt.
  • Acquired Sexton Biotechnologies, a provider of manufacturing solutions for the cell and gene therapy industry, for a total value of $30 million in August 2021.
  • Acquired PanTHERA CryoSolutions, a developer of novel cryopreservation solutions, for $9.3 million in cash and 241,355 shares of BioLife common stock in April 2025, purchasing the 90% of PanTHERA common shares it did not already own.
  • Made a $2 million strategic investment in Pluristyx through convertible notes in July 2025, which also included a board observer seat and rights related to potential future acquisitions.
  • Divested its evo cold chain logistics subsidiary for $23.5 million in cash in 2025.
  • Divested SciSafe for $73 million in cash and CBS for $6.1 million.

Capital Expenditures

  • Capital expenditures for the fourth quarter of 2025 were $4.4 million.
  • Planned capital projects for Q1 2026 include approximately $5.5 million for a Bothell media cleanroom.
  • Planned capital projects for H2 2027 include approximately $15 million for an Indianapolis hPL facility.

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Peer Comparisons

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Financials

BLFSCYRXAZTATMODHRRGENMedian
NameBioLife .CryoPort Azenta Thermo F.Danaher Repligen  
Mkt Price26.0415.0123.31464.61177.17132.0279.03
Mkt Cap1.30.71.1172.8125.47.44.4
Rev LTM10018359645,19624,778763680
Op Inc LTM-15-39-208,2074,7605218
FCF LTM-2-26296,7485,29110467
FCF 3Y Avg-3-37327,0115,24711071
CFO LTM18-1618,2876,43913196
CFO 3Y Avg6-8678,4516,548141104

Growth & Margins

BLFSCYRXAZTATMODHRRGENMedian
NameBioLife .CryoPort Azenta Thermo F.Danaher Repligen  
Rev Chg LTM27.5%14.0%1.7%5.4%4.0%17.4%9.7%
Rev Chg 3Y Avg12.6%-5.4%0.8%1.1%-0.1%1.3%1.0%
Rev Chg Q24.7%16.5%1.0%6.2%3.7%14.8%10.5%
QoQ Delta Rev Chg LTM5.8%3.8%0.2%1.4%0.9%3.4%2.4%
Op Inc Chg LTM-813.6%17.5%37.2%4.7%-1.3%292.7%11.1%
Op Inc Chg 3Y Avg-248.5%-11.7%33.0%3.7%-10.7%-123.9%-11.2%
Op Mgn LTM-15.4%-21.4%-3.3%18.2%19.2%6.8%1.8%
Op Mgn 3Y Avg-14.5%-30.6%-5.1%17.9%20.2%1.2%-1.9%
QoQ Delta Op Mgn LTM1.4%-0.6%-0.1%-0.0%0.1%1.0%0.0%
CFO/Rev LTM17.9%-0.3%10.2%18.3%26.0%17.1%17.5%
CFO/Rev 3Y Avg3.9%-5.3%11.9%19.4%27.2%21.1%15.7%
FCF/Rev LTM-1.8%-14.3%4.8%14.9%21.4%13.7%9.3%
FCF/Rev 3Y Avg-6.1%-23.4%5.8%16.1%21.8%16.4%11.0%

Valuation

BLFSCYRXAZTATMODHRRGENMedian
NameBioLife .CryoPort Azenta Thermo F.Danaher Repligen  
Mkt Cap1.30.71.1172.8125.47.44.4
P/S12.64.11.83.85.19.74.6
P/Op Inc-82.2-19.1-54.921.126.3142.31.0
P/EBIT-82.2-22.8-54.919.427.395.3-1.7
P/E-426.29.8-6.025.234.0144.817.5
P/CFO70.5-1,489.017.620.919.556.920.2
Total Yield-0.2%10.2%-16.6%4.0%2.9%0.7%1.8%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-0.4%-8.1%2.1%3.6%3.4%1.4%1.8%
D/E0.00.30.10.20.10.10.1
Net D/E-0.1-0.2-0.30.20.1-0.0-0.0

Returns

BLFSCYRXAZTATMODHRRGENMedian
NameBioLife .CryoPort Azenta Thermo F.Danaher Repligen  
1M Rtn5.3%5.6%19.3%3.5%2.2%16.5%5.4%
3M Rtn38.1%86.7%15.5%-2.0%-6.4%15.9%15.7%
6M Rtn3.9%59.3%-32.3%-18.0%-20.9%-18.7%-18.4%
12M Rtn22.7%135.6%-21.4%17.2%-9.2%11.1%14.1%
3Y Rtn10.6%-25.0%-48.6%-10.8%-14.7%-11.7%-13.2%
1M Excs Rtn11.0%13.2%30.1%1.9%4.1%19.7%12.1%
3M Excs Rtn19.8%67.5%-0.5%-14.6%-20.1%-1.3%-0.9%
6M Excs Rtn-4.5%52.1%-42.4%-28.6%-31.2%-26.8%-27.7%
12M Excs Rtn-5.6%97.3%-45.8%-5.9%-34.2%-16.3%-11.1%
3Y Excs Rtn-64.7%-105.0%-121.0%-82.4%-87.7%-91.8%-89.7%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
CryoStor7960   
Cell processing  66  
Evo and thaw  10  
Product revenue   136102
Rental revenue   107
Service revenue   1510
Total796076162119


Price Behavior

Price Behavior
Market Price$26.04 
Market Cap ($ Bil)1.3 
First Trading Date05/26/1992 
Distance from 52W High-9.6% 
   50 Days200 Days
DMA Price$23.28$23.98
DMA Trendindeterminateup
Distance from DMA11.8%8.6%
 3M1YR
Volatility46.8%44.8%
Downside Capture30.05170.25
Upside Capture123.86147.46
Correlation (SPY)35.8%39.4%
BLFS Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-0.471.021.521.291.581.51
Up Beta1.211.711.541.541.771.38
Down Beta3.260.702.470.930.981.33
Up Capture31%124%108%110%197%401%
Bmk +ve Days13283667141432
Stock +ve Days11243665126370
Down Capture-553%-62%146%148%155%112%
Bmk -ve Days7132757109318
Stock -ve Days9172759121372

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLFS
BLFS25.1%44.6%0.63-
Sector ETF (XLV)14.0%15.0%0.6640.7%
Equity (SPY)26.5%12.4%1.6139.2%
Gold (GLD)24.2%27.5%0.7715.8%
Commodities (DBC)19.8%18.8%0.83-8.6%
Real Estate (VNQ)11.0%13.7%0.5228.9%
Bitcoin (BTCUSD)-40.0%42.5%-1.0812.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLFS
BLFS-6.5%66.1%0.17-
Sector ETF (XLV)5.4%14.7%0.1937.8%
Equity (SPY)13.5%17.1%0.6247.1%
Gold (GLD)17.1%18.3%0.766.4%
Commodities (DBC)7.5%19.4%0.294.6%
Real Estate (VNQ)1.9%18.9%0.0042.0%
Bitcoin (BTCUSD)11.0%54.2%0.4024.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLFS
BLFS32.9%68.0%0.71-
Sector ETF (XLV)9.4%16.6%0.4630.9%
Equity (SPY)15.3%18.0%0.7337.6%
Gold (GLD)12.3%16.1%0.634.7%
Commodities (DBC)5.9%18.0%0.265.8%
Real Estate (VNQ)5.3%20.7%0.2229.4%
Bitcoin (BTCUSD)60.0%66.8%1.0015.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity4.0 Mil
Short Interest: % Change Since 51520265.3%
Average Daily Volume0.9 Mil
Days-to-Cover Short Interest4.3 days
Basic Shares Quantity48.5 Mil
Short % of Basic Shares8.2%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-4.7%-8.9%12.9%
2/26/20267.7%-10.5%-17.3%
11/6/2025-4.0%-7.0%-8.4%
8/7/20259.9%22.7%27.0%
5/8/20254.2%-1.7%6.6%
11/12/2024-9.0%-15.3%0.8%
8/8/202411.0%13.3%1.7%
5/9/20248.5%22.0%19.5%
...
SUMMARY STATS   
# Positive151315
# Negative797
Median Positive7.8%13.3%12.9%
Median Negative-4.7%-8.7%-14.3%
Max Positive42.8%31.1%32.7%
Max Negative-28.7%-33.3%-29.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-4.7%-8.9%12.9%
2/26/20267.7%-10.5%-17.3%
11/6/2025-4.0%-7.0%-8.4%
8/7/20259.9%22.7%27.0%
5/8/20254.2%-1.7%6.6%
11/12/2024-9.0%-15.3%0.8%
8/8/202411.0%13.3%1.7%
5/9/20248.5%22.0%19.5%
8/8/2023-28.7%-33.3%-29.3%
5/10/2023-1.9%17.8%21.9%
3/16/20237.7%7.7%2.3%
11/9/202242.8%31.1%12.2%
8/9/202218.8%24.6%31.2%
5/9/20227.8%16.8%32.7%
2/28/20220.9%0.6%-3.6%
1/10/20224.1%0.0%-11.1%
11/12/2021-4.4%6.6%-29.1%
8/12/2021-5.7%-3.9%7.8%
5/13/20210.7%11.5%30.8%
3/22/20218.8%-8.3%-14.3%
11/5/20207.8%2.0%27.0%
8/7/20201.7%-8.7%7.0%
SUMMARY STATS   
# Positive151315
# Negative797
Median Positive7.8%13.3%12.9%
Median Negative-4.7%-8.7%-14.3%
Max Positive42.8%31.1%32.7%
Max Negative-28.7%-33.3%-29.3%

Recent Forward Guidance

Updated 5/31/2026

Latest: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue112.50 Mil113.75 Mil115.00 Mil0 AffirmedGuidance: 113.75 Mil for 2026
2026 Revenue Growth17.0%18.5%20.0%00AffirmedGuidance: 18.5% for 2026

Prior: Q4 2025 Earnings Reported 2/26/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue112.50 Mil113.75 Mil115.00 Mil19.1% RaisedGuidance: 95.50 Mil for 2025
2026 Revenue Growth17.0%18.5%20.0%   

Insider Activity

Updated 6/10/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Casdin, Partners Master Fund, LPSee footnoteSell521202623.70650,00015,405,000112,744,810Form
2Casdin, Partners Master Fund, LPSee footnoteSell521202623.70250,0005,925,000128,149,810Form
3Casdin, Partners Master Fund, LPSee footnoteSell521202622.65300,0006,795,000128,134,787Form
4Foster, Karen AChief Quality and OperationsDirectSell331202619.172,57749,4012,084,891Form
5Foster, Karen AChief Quality and OperationsDirectSell309202620.0050010,0002,264,840Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Casdin, Partners Master Fund, LPSee footnoteSell521202623.70650,00015,405,000112,744,810Form
2Casdin, Partners Master Fund, LPSee footnoteSell521202623.70250,0005,925,000128,149,810Form
3Casdin, Partners Master Fund, LPSee footnoteSell521202622.65300,0006,795,000128,134,787Form
4Foster, Karen AChief Quality and OperationsDirectSell331202619.172,57749,4012,084,891Form
5Foster, Karen AChief Quality and OperationsDirectSell309202620.0050010,0002,264,840Form
6Foster, Karen AChief Quality and OperationsDirectSell309202620.1596,9231,952,9982,291,901Form
7Werner, SeanChief Technology OfficerDirectSell305202620.741112,3021,035,590Form
8Foster, Karen AChief Quality and OperationsDirectSell305202620.744188,6694,369,192Form
9Mathew, Aby JEVP & Chief Scientific OfficerDirectSell305202620.7452910,9718,149,513Form
10Wichterman, TroyChief Financial OfficerDirectSell305202620.7458812,1954,576,260Form
11Aebersold, SarahChief Human Resources OfficerDirectSell305202620.742194,5421,936,286Form
12Berard, ToddChief Marketing OfficerDirectSell305202620.743537,3213,441,596Form
13Aebersold, SarahChief Human Resources OfficerDirectSell1217202524.4671317,4401,859,107Form
14Duross, Amy DirectSell1217202524.602,00049,200459,700Form
15Mathew, Aby JEVP & Chief Scientific OfficerDirectSell1217202525.1363115,8578,789,343Form
16Wichterman, TroyChief Financial OfficerDirectSell1217202525.131,03325,9593,813,126Form
17Aebersold, SarahChief Human Resources OfficerDirectSell1217202525.132335,8551,927,948Form
18Berard, ToddChief Marketing OfficerDirectSell1217202525.133588,9973,339,978Form
19Foster, Karen AChief Quality and OperationsDirectSell1217202525.1351913,0424,832,976Form
20Wichterman, TroyChief Financial OfficerDirectSell1205202525.7230,000771,6003,929,219Form
21Duross, Amy DirectSell1128202527.002,00054,000558,549Form
22Duross, Amy DirectSell1128202527.002,00054,000612,549Form
23Berard, ToddChief Marketing OfficerDirectSell1128202526.743519,3863,563,533Form
24Wichterman, TroyChief Financial OfficerDirectSell1128202526.7458415,6164,887,243Form
25Aebersold, SarahChief Human Resources OfficerDirectSell1128202526.742175,8032,057,696Form
26Foster, Karen AChief Quality and OperationsDirectSell1128202526.7441511,0975,156,488Form
27Werner, SeanChief Technology OfficerDirectSell1128202526.741102,941693,288Form
28Mathew, Aby JEVP & Chief Scientific OfficerDirectSell1128202526.7452614,0659,369,322Form
29Duross, Amy DirectSell1121202526.001,00026,000641,862Form
30Duross, Amy DirectSell1121202524.514,523110,859629,588Form
31Duross, Amy DirectSell1121202524.5047711,686740,145Form
32De, Greef RoderickPresident and CEODirectSell1113202525.3331,165789,4099,878,649Form
33De, Greef RoderickPresident and CEODirectSell1113202525.8833,418864,85810,899,698Form
34De, Greef RoderickPresident and CEODirectSell1113202526.1535,417926,15511,887,293Form
35Goswami, Joydeep DirectSell1028202528.991,66648,2971,304,144Form
36De, Greef RoderickPresident and CEODirectSell1024202527.3037,7951,031,80413,376,945Form
37Werner, SeanChief Technology OfficerDirectSell1022202527.822757,650724,349Form
38Goswami, Joydeep DirectSell102020250.001,334  Form
39Casdin, Partners Master Fund, LPFootonoteSell1017202528.55750,00021,410,325170,059,785Form
40Wichterman, TroyChief Financial OfficerDirectSell1014202527.3683322,7915,016,538Form
41Berard, ToddChief Marketing OfficerDirectSell1014202527.362897,9073,655,761Form
42Mathew, Aby JEVP & Chief Scientific OfficerDirectSell1014202527.3650913,9269,600,952Form
43Aebersold, SarahChief Human Resources OfficerDirectSell1014202527.361885,1442,111,344Form
44Foster, Karen AChief Quality and OperationsDirectSell1014202527.3641911,4645,287,402Form
45Aebersold, SarahChief Human Resources OfficerDirectSell917202525.6171418,2861,981,113Form
46Foster, Karen AChief Quality and OperationsDirectSell915202526.8351113,7105,196,220Form
47Mathew, Aby JEVP & Chief Scientific OfficerDirectSell915202526.8363016,9039,428,625Form
48Wichterman, TroyChief Financial OfficerDirectSell915202526.831,03227,6894,941,710Form
49Berard, ToddChief Marketing OfficerDirectSell915202526.833589,6053,592,698Form
50Aebersold, SarahChief Human Resources OfficerDirectSell915202526.832336,2512,094,645Form
51Werner, SeanChief Technology OfficerDirectSell915202526.83721,932705,951Form
52Mathew, Aby JEVP & Chief Scientific OfficerDirectSell828202525.4453113,5098,956,177Form
53Foster, Karen AChief Quality and OperationsDirectSell828202525.4441310,5074,940,016Form
54Werner, SeanChief Technology OfficerDirectSell828202525.441112,824671,209Form
55Wichterman, TroyChief Financial OfficerDirectSell828202525.4459015,0104,711,946Form
56Aebersold, SarahChief Human Resources OfficerDirectSell828202525.442195,5711,992,054Form
57Berard, ToddChief Marketing OfficerDirectSell828202525.443549,0063,415,676Form
58Berard, ToddChief Marketing OfficerDirectSell827202525.5310,000255,3003,181,498Form
59Casdin, Partners Master Fund, LPSee footnote.Sell821202524.40500,00012,200,000163,654,826Form
60Casdin, Partners Master Fund, LPSee FootnoteSell813202522.60500,00011,300,000162,881,929Form
61Werner, SeanChief Technology OfficerDirectSell722202521.221,11523,660562,224Form
62Aebersold, SarahChief Human Resources OfficerDirectSell709202522.271984,4091,748,707Form
63Foster, Karen AChief Quality and OperationsDirectSell709202522.274008,9084,333,653Form
64Wichterman, TroyChief Financial OfficerDirectSell709202522.2787719,5314,137,944Form
65Mathew, Aby JEVP & Chief Scientific OfficerDirectSell709202522.2753611,9377,852,001Form
66Berard, ToddChief Marketing OfficerDirectSell709202522.273046,7702,997,943Form
67Aebersold, SarahChief Human Resources OfficerDirectSell618202522.2371115,8061,749,968Form
68Casdin, Partners Master Fund, LPSee footnoteSell612202523.801,000,00023,800,000183,430,527Form
69Berard, ToddChief Marketing OfficerDirectSell612202523.703628,5793,197,651Form
70Mathew, Aby JEVP & Chief Scientific OfficerDirectSell612202523.7063715,0978,368,897Form
71Wichterman, TroyChief Financial OfficerDirectSell612202523.701,04224,6954,424,434Form
72Werner, SeanChief Technology OfficerDirectSell612202523.70651,540654,357Form
73Aebersold, SarahChief Human Resources OfficerDirectSell612202523.702355,5701,882,538Form
74Foster, Karen AChief Quality and OperationsDirectSell612202523.703207,5844,621,405Form
Core Cache Last Updated: 6/20/2026