Bruker Corp (BRKR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.38	$0.49	+28.9%	—	$838.5M	—
Q1 26	$0.23	$0.31	+34.8%	—	$823.4M	—
Q4 25	$0.65	$0.59	-9.2%	—	$977.2M	—
Q3 25	$0.32	$0.45	+40.6%	—	$860.5M	—
Q2 25	$0.42	$0.32	-23.8%	—	$797.4M	—
Q1 25	$0.44	$0.47	+6.8%	—	$801.4M	—
Q4 24	$0.74	$0.76	+2.7%	—	$979.6M	—
Q3 24	$0.6	$0.6	0.0%	—	$864.4M	—
Q2 24	$0.51	$0.52	+2.0%	—	$800.7M	—
Q1 24	$0.46	$0.53	+15.2%	—	$721.7M	—
Q4 23	$0.66	$0.7	+6.1%	—	$854.5M	—
Q3 23	$0.63	$0.74	+17.5%	—	$742.8M	—
Q2 23	$0.49	$0.5	+2.0%	—	$681.9M	—
Q1 23	$0.55	$0.64	+16.4%	—	$685.3M	—
Q4 22	$0.72	$0.74	+2.8%	—	$708.4M	—
Q3 22	$0.56	$0.66	+17.9%	—	$638.9M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.15	—	—	$3.4B	—
FY24	—	$0.76	—	—	$3.4B	—
FY23	—	$2.92	—	—	$3B	—
FY22	—	$2	—	—	$2.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.6B	$1.8B	$1.9B	$2.1B	$2B	$2.4B	$2.5B	$3B	$3.4B	$3.4B
YoY change	-0.77%	+9.59%	+7.34%	+9.34%	-4.11%	+21.7%	+4.67%	+17.1%	+13.6%	+2.08%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.6B	1.8B	1.9B	2.1B	2B	2.4B	2.5B	3B	3.4B	3.4B
Cost of revenue	866M	949.9M	995.6M	1.1B	1B	1.2B	1.2B	1.5B	1.7B	1.9B
Gross profit	745.3M	816M	900M	995.3M	939.8M	1.2B	1.3B	1.5B	1.6B	1.6B
Gross margin	46.3%	46.2%	47.5%	48%	47.3%	50%	51.6%	51%	49%	45.9%
Research & development	147.9M	161.6M	173.4M	187.7M	198M	220.8M	235.9M	294.8M	376.5M	395.2M
Selling, general & administrative	394.4M	420.2M	453.1M	504.8M	477.8M	564.5M	610.8M	730.1M	893.8M	946.5M
Operating expenses	548.5M	586M	631.3M	696.2M	678.3M	788.1M	849.7M	1B	1.3B	1.3B
Operating income	203M	234.2M	273.5M	302.8M	264M	424.3M	459M	488.4M	379.2M	236M
Operating margin	12.6%	13.3%	14.4%	14.6%	13.3%	17.5%	18.1%	16.5%	11.3%	6.87%
Non-operating income, net	-12.5M	-24.4M	-18M	-7.7M	-27M	-17.3M	-33.1M	61M	-133.7M	-167.3M
Pretax income	177.6M	197.8M	244.7M	280.4M	225.8M	393.6M	413.9M	544.2M	206.9M	22M
Income tax	23.1M	117.5M	63.7M	82.4M	64.4M	113M	116.4M	117.7M	91.4M	29.3M
Net income	154.5M	80.3M	181M	198M	161.4M	280.6M	298.5M	428.5M	113.8M	-8.3M
Net margin	9.59%	4.55%	9.55%	9.55%	8.12%	11.6%	11.8%	14.5%	3.38%	-0.24%
EBITDA	251.4M	297.3M	335.4M	376M	345.1M	511.5M	548.1M	604.2M	562.6M	456.8M
EPS	0.95	0.5	1.15	1.27	1.03	1.83	2	2.92	0.76	-0.15
Diluted EPS	0.95	0.49	1.14	1.26	1.02	1.81	1.99	2.9	0.76	-0.15

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	742.8M	854.5M	721.7M	800.7M	864.4M	979.6M	801.4M	797.4M	860.5M	977.2M	823.4M	838.5M
Cost of revenue	360M	424.2M	368.9M	416.1M	445.6M	486.3M	410.2M	439.5M	481.1M	528M	443.6M	422.5M
Gross profit	382.8M	430.3M	352.8M	384.6M	418.8M	493.3M	391.2M	357.9M	379.4M	449.2M	379.8M	416M
Gross margin	51.5%	50.4%	48.9%	48%	48.4%	50.4%	48.8%	44.9%	44.1%	46%	46.1%	49.6%
Research & development	71.3M	83.5M	81.8M	92.2M	98.1M	104.4M	97.1M	100.2M	98.3M	99.6M	101.3M	94.3M
Selling, general & administrative	177.8M	211.8M	195.3M	221.3M	238.9M	236.8M	225.4M	231.4M	242.5M	247.2M	242.1M	238.9M
Operating expenses	251.3M	297M	277.9M	315.4M	339.2M	341.2M	325.5M	331.6M	344.4M	346.8M	343.4M	333.2M
Operating income	133.7M	135M	74.9M	69.2M	79.6M	157M	65.7M	26.3M	35M	111.8M	36.4M	82.8M
Operating margin	18%	15.8%	10.4%	8.64%	9.21%	16%	8.2%	3.3%	4.07%	11.4%	4.42%	9.87%
Non-operating income, net	-12.5M	108.2M	-900K	-32M	-15M	-87.3M	-30.6M	-13M	-94.3M	-31.3M	-10.2M	-121M
Pretax income	119.2M	240.9M	71.6M	23.9M	55.3M	56.1M	25.1M	500K	-71.8M	68.2M	21.9M	-40.7M
Income tax	30.8M	37.1M	19.8M	16.1M	14.8M	40.7M	8.7M	-3.1M	-14.1M	37.8M	2.5M	14.2M
Net income	88.7M	204.6M	52M	7.6M	40.3M	13.9M	16.8M	4.2M	-58.5M	29.2M	15.7M	-50.9M
Net margin	11.9%	23.9%	7.21%	0.95%	4.66%	1.42%	2.1%	0.53%	-6.8%	2.99%	1.91%	-6.07%
EBITDA	158.3M	172.5M	110M	114.7M	131.7M	206.2M	118.6M	80.6M	96.5M	159.2M	101.7M	182.6M
EPS	0.6	1.41	0.35	0.05	0.27	0.09	0.11	0.05	-0.41	0.1	0.02	-0.41
Diluted EPS	0.6	1.41	0.35	0.05	0.27	0.09	0.11	0.05	-0.41	0.1	0.02	-0.41

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	3.4B	5.4B	4.7B	7.9B	8.3B	12.7B	10.2B	10.8B	8.7B	7.2B	9.6B
Enterprise value	3.3B	5.4B	4.7B	8.1B	8.5B	12.9B	10.8B	11.6B	10.8B	8.9B	11.5B
Shares outstanding	161.4M	158.1M	156.2M	155.2M	153.4M	151.4M	148.6M	146.4M	149M	151.8M	151.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.1	67.6	25.7	40	51.4	45.3	34	25.1	76.8	—	74.9
P/S	2.12	3.07	2.45	3.82	4.18	5.25	4.01	3.63	2.59	2.08	2.79
P/B	4.93	7.4	5.01	8.43	8.52	11.7	8.97	7.61	4.81	2.85	4.1
EV/EBITDA	13.2	18.2	13.9	21.6	24.6	25.3	19.7	19.3	19.2	19.5	21.3
EV/Sales	2.07	3.06	2.46	3.91	4.27	5.35	4.26	3.93	3.21	2.59	3.29
Earnings yield	4.52%	1.48%	3.89%	2.5%	1.94%	2.21%	2.94%	3.98%	1.3%	—	1.34%
FCF yield	2.74%	2.04%	4.1%	1.77%	2.83%	1.5%	1.43%	2.26%	1.56%	0.19%	1.87%
PEG	—	—	—	—	—	—	—	—	—	—	-0.08

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	46.3%	46.2%	47.5%	48%	47.3%	50%	51.6%	51%	49%	45.9%	49.6%
Operating margin	12.6%	13.3%	14.4%	14.6%	13.3%	17.5%	18.1%	16.5%	11.3%	6.87%	9.88%
Net margin	9.59%	4.55%	9.55%	9.55%	8.12%	11.6%	11.8%	14.5%	3.38%	-0.24%	-2.04%
ROE	22.3%	10.9%	19.5%	21.1%	16.6%	25.9%	26.4%	30.3%	6.27%	-0.33%	-3%
ROA	8.54%	4.12%	8.5%	7.14%	5.29%	7.69%	8.26%	10.1%	1.96%	-0.13%	3.14%
ROIC	29.2%	13.4%	21.4%	18.9%	16.3%	23.1%	18.8%	16.6%	5.46%	0%	6.59%
Return on tangible assets	11%	5.56%	15.9%	11.5%	8.28%	11%	13.9%	17.7%	11.8%	-0.62%	-4.42%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.43	2.59	2.18	2.78	2.43	2.63	2.31	1.8	1.6	1.73	1.85
Quick ratio	1.59	1.66	1.33	1.89	1.56	1.88	1.44	0.99	0.77	0.87	0.92
Debt / equity	0.59	0.57	0.37	0.94	0.94	1.28	1.12	0.98	1.24	0.81	0.76
Debt / assets	0.23	0.21	0.16	0.32	0.3	0.38	0.35	0.32	0.39	0.33	0.3
Net debt / EBITDA	-0.35	-0.08	0.06	0.52	0.52	0.44	1.14	1.48	3.66	3.82	2.97
Interest coverage	14.5	13.8	20.4	18.5	16.7	28.5	26.7	34.2	5.32	1.36	0.64
Effective tax rate	13%	59.4%	26%	29.4%	28.5%	28.7%	28.1%	21.6%	44.2%	100%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	9.98	11.2	12.1	13.4	13	16	17	20.2	22.6	22.6	23
EPS (basic)	0.95	0.5	1.15	1.27	1.03	1.83	2	2.92	0.76	-0.15	-0.15
EPS (diluted)	0.95	0.49	1.14	1.26	1.02	1.81	1.99	2.9	0.76	-0.15	-0.75
Book value per share	4.29	4.64	5.94	6.05	6.35	7.17	7.62	9.65	12.2	16.5	15.6
FCF per share	0.58	0.7	1.22	0.9	1.53	1.26	0.98	1.66	0.91	0.09	0.42
Cash per share	3.1	2.78	2.06	4.41	4.77	7.72	4.34	3.34	1.23	1.97	1.21
Capex per share	0.22	0.2	0.31	0.4	0.63	0.58	0.78	0.65	0.77	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.23%	1.82%	2.57%	2.99%	4.88%	3.6%	4.56%	3.23%	3.39%	—	—
Capex / operating cash flow	27%	23.4%	24.9%	31%	33.5%	26.6%	39.8%	32.7%	48.9%	—	—
Payout ratio	16.7%	31.6%	13.9%	12.6%	15.2%	8.62%	9.98%	6.86%	26.5%	-396.4%	38.5%
Dividend yield	0.75%	0.47%	0.54%	0.32%	0.3%	0.19%	0.29%	0.27%	0.35%	0.46%	0.32%

Yield

0.32%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Sep 21, 2026

Payout ratio

38%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 21, 2026	$0.05
Jun 22, 2026	$0.05
Mar 23, 2026	$0.05
Dec 8, 2025	$0.05
Sep 23, 2025	$0.05
Jun 16, 2025	$0.05
Mar 17, 2025	$0.05

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$742.8M	$854.5M	$721.7M	$800.7M	$864.4M	$979.6M	$801.4M	$797.4M	$860.5M	$977.2M	$823.4M	$838.5M
YoY change	+16.3%	+20.6%	+5.31%	+17.4%	+16.4%	+14.6%	+11%	-0.41%	-0.45%	-0.24%	+2.75%	+5.15%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	500.3M	439.2M	322.4M	684.9M	731.8M	1.2B	645.5M	488.3M	183.4M	298.8M
Receivables	243.9M	319.3M	357.2M	362.2M	335.3M	416.9M	472.7M	492M	565.5M	544.9M
Inventory	440.4M	486.2M	509.6M	577.2M	692.3M	710.1M	800.1M	968.3M	1.1B	1.1B
Total current assets	1.3B	1.4B	1.3B	1.8B	1.9B	2.5B	2.1B	2.2B	2.1B	2.2B
Property, plant & equipment	-27.6M	-28.3M	-28.6M	66.5M	88.2M	94.5M	103.7M	193.3M	274.1M	298.6M
Goodwill & intangibles	400.6M	504.4M	988.8M	1.1B	1.1B	1.1B	1.5B	1.8B	4.8B	4.9B
Total assets	1.8B	1.9B	2.1B	2.8B	3B	3.6B	3.6B	4.2B	5.8B	6.2B
Accounts payable	86.1M	90.8M	104.5M	118.4M	134.6M	147.4M	178.4M	202.7M	234.1M	215.9M
Short-term debt	20.1M	—	18.5M	21.1M	23.5M	130.3M	35.1M	144.5M	64.6M	51.8M
Total current liabilities	524.7M	524.5M	599.3M	645.6M	791.9M	938.5M	914.3M	1.2B	1.3B	1.3B
Long-term debt	391.6M	415.6M	322.6M	859.8M	889.3M	1.3B	1.2B	1.2B	2.2B	2B
Total liabilities	1.1B	1.2B	1.2B	1.8B	2.1B	2.6B	2.5B	2.8B	4B	3.7B
Shareholders' equity	693.1M	733.5M	927.7M	938.2M	974.3M	1.1B	1.1B	1.4B	1.8B	2.5B
Total debt	411.7M	415.6M	341.1M	880.9M	912.8M	1.4B	1.3B	1.4B	2.2B	2B
Net debt	69.3M	90.6M	18.7M	202.6M	231M	325.7M	624.9M	891.3M	2.1B	1.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	363.6M	488.3M	340.1M	169.7M	148.1M	183.4M	184.2M	92M	293.1M	298.8M	133.4M	222.5M
Receivables	485.4M	492M	475.4M	507.2M	538.4M	565.5M	537.8M	522.6M	550.9M	544.9M	542.7M	545.9M
Inventory	916M	968.3M	1.1B	1.2B	1.2B	1.1B	1.1B	1.2B	1.2B	1.1B	1.1B	1.1B
Total current assets	2B	2.2B	2.1B	2.2B	2.2B	2.1B	2.1B	2.2B	2.4B	2.2B	2.1B	2.2B
Property, plant & equipment	—	193.3M	691.2M	792.8M	841.4M	274.1M	—	—	—	298.6M	—	—
Goodwill & intangibles	1.7B	1.8B	2.4B	4.9B	5B	4.8B	4.9B	5.2B	4.9B	4.9B	5B	4.6B
Total assets	3.8B	4.2B	4.5B	5.9B	6.1B	5.8B	5.9B	6.3B	6.4B	6.2B	6.1B	6.1B
Accounts payable	181.5M	202.7M	199.1M	220.3M	227.5M	234.1M	244.6M	243M	184.4M	215.9M	269.1M	200.2M
Short-term debt	121M	144.5M	21.2M	26.4M	32.8M	64.6M	37.7M	55.7M	24.3M	51.8M	8.4M	10.1M
Total current liabilities	1.1B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B	1.2B
Long-term debt	1.1B	1.2B	1.4B	2.2B	2.4B	2.2B	2.1B	2.4B	2B	2B	1.7B	1.8B
Total liabilities	2.6B	2.8B	3.1B	4.1B	4.3B	4B	4.1B	4.5B	3.9B	3.7B	3.6B	3.6B
Shareholders' equity	1.2B	1.4B	1.5B	1.8B	1.8B	1.8B	1.9B	1.9B	2.5B	2.5B	2.5B	2.4B
Total debt	1.2B	1.4B	1.5B	2.3B	2.4B	2.2B	2.1B	2.4B	2B	2B	1.7B	1.8B
Net debt	856M	891.3M	1.1B	2.1B	2.3B	2.1B	1.9B	2.3B	1.7B	1.7B	1.5B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	154.5M	80.3M	181M	198M	161.4M	280.6M	298.5M	428.5M	113.8M	-8.3M
Depreciation & amortization	54.3M	63.9M	64.9M	75.6M	80.4M	89.1M	88.8M	114.9M	183.8M	220.3M
Stock-based compensation	9.4M	11M	11.3M	9.6M	16M	17.2M	27.7M	24M	25.3M	20.2M
Change in working capital	-62M	-45.8M	-46.2M	-87.6M	26.7M	-81.3M	-137.3M	-131.5M	-62.9M	-24.1M
Operating cash flow	133.5M	137.6M	195.9M	200.3M	289.3M	327.8M	289.7M	292.7M	233.5M	134.1M
Capital expenditure	-36M	-32.2M	-48.8M	-62M	-97M	-87.1M	-115.3M	-95.8M	-114.2M	—
Investing cash flow	-21.8M	-30.2M	-123.4M	-158.4M	-192.7M	-192.4M	-251.6M	-326M	-1.8B	-76.3M
Dividends paid	-25.8M	-25.4M	-25.1M	-25M	-24.6M	-24.2M	-29.8M	-29.4M	-30.2M	-32.9M
Share repurchases	-160M	-152.2M	0	-142.3M	-123.2M	-153.3M	-263.1M	-152.3M	0	-10M
Financing cash flow	118.1M	-289M	-330.5M	-61.9M	-466.7M	318.7M	-415.3M	-193.4M	1.2B	135.1M
Net change in cash	229.8M	-181.6M	-258M	-20M	-370.1M	454.1M	-377.2M	-226.7M	-300M	192.9M
Free cash flow	93.7M	110.7M	190.5M	140.4M	235M	190.4M	145.2M	243.2M	136M	13.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	88.7M	204.6M	52M	7.6M	40.3M	13.9M	16.8M	4.2M	-58.5M	29.2M	15.7M	-50.9M
Depreciation & amortization	26.6M	37.3M	34.7M	45.2M	51M	52.9M	50.4M	56.1M	55.7M	58.1M	58.3M	58M
Stock-based compensation	5.7M	6.2M	5.3M	6.9M	6.3M	6.8M	—	—	—	—	—	—
Change in working capital	-88.3M	64.1M	-51.5M	-47.9M	6.5M	88.9M	—	-57M	-149.6M	48.1M	-35.4M	-59.4M
Operating cash flow	38.4M	137.9M	32.3M	-16.1M	50.1M	184.8M	55.7M	-127.5M	-33.2M	229.8M	71.2M	-77.4M
Capital expenditure	-26.7M	-31.3M	-20.9M	-23.7M	-31.7M	-36.5M	-26M	—	—	—	—	—
Investing cash flow	-174.3M	-36.8M	-304.2M	-1.3B	-66.7M	-60.6M	-26.1M	-69.8M	-2.9M	3.7M	-15.5M	3.5M
Dividends paid	-7.4M	-7.3M	-7.3M	-7.7M	-7.6M	-7.6M	-7.7M	-7.6M	0	-17.6M	-18.6M	-18.5M
Share repurchases	-79.5M	-50.4M	0	0	0	0	-10M	0	0	0	0	—
Financing cash flow	-94.5M	-56.7M	151.7M	1.4B	1.1B	-78.2M	-219.1M	-96M	571.3M	-167.6M	-204.9M	-45.8M
Net change in cash	-230.4M	44.4M	-120.2M	78.5M	1.1B	46M	-189.5M	-293.3M	535.2M	65.9M	-149.2M	-119.7M
Free cash flow	17.2M	174M	400K	-23.5M	5.8M	153.3M	39M	-148.8M	-54.1M	177.8M	47M	-106.2M

Bruker Corp Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement