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BioLife Solutions (BLFS)
NASDAQ:BLFS
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BioLife Solutions (BLFS) AI Stock Analysis

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BLFS

BioLife Solutions

(NASDAQ:BLFS)

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Outperform 72 (OpenAI - 5.2)
Rating:72Outperform
Price Target:
$31.00
▲(54.15% Upside)
Action:Upgraded
Date:06/26/26
BLFS scores solidly on improving financial trajectory and a conservatively financed balance sheet, supported by bullish technical trend signals (price above key moving averages with positive MACD). The latest earnings call adds confidence via reiterated growth guidance and a stated path to full-year GAAP profitability, partially offset by near-term operational and concentration risks. The main constraint on the score is valuation quality, with a negative P/E and no dividend yield provided.
Positive Factors
High gross margins
Sustained mid-60% gross margins reflect structural product economics for biopreservation consumables and equipment. Durable gross profitability gives room to invest in R&D and go-to-market, supports recurring-margin expansion as volumes scale, and underpins long-term operating leverage.
Negative Factors
Revenue and customer concentration
Heavy reliance on BPM and a small group of large customers concentrates revenue risk. Loss or downtick from a few accounts or slower adoption by a major program could materially affect growth and cadence of recurring revenue over several quarters, constraining predictability and pricing power.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
Sustained mid-60% gross margins reflect structural product economics for biopreservation consumables and equipment. Durable gross profitability gives room to invest in R&D and go-to-market, supports recurring-margin expansion as volumes scale, and underpins long-term operating leverage.
Read all positive factors

BioLife Solutions (BLFS) vs. SPDR S&P 500 ETF (SPY)

BioLife Solutions Business Overview & Revenue Model

Company Description
BioLife Solutions, Inc. (BLFS) operates as a global provider of specialized bioproduction tools and services, primarily catering to the cell and gene therapy industry. Its market reach extends across the United States, Canada, Europe, the Middle E...
How the Company Makes Money
BioLife Solutions makes money primarily by selling products and services that support customers’ biologics workflows before, during, and after cryopreservation and transport. Key revenue streams include: (1) Consumable and recurring-use products: ...

BioLife Solutions Earnings Call Summary

Earnings Call Date:May 07, 2026
(Q1-2026)
|
% Change Since: |
Next Earnings Date:Aug 06, 2026
Earnings Call Sentiment Positive
The call presented a constructive growth story highlighted by strong top-line performance (Q1 revenue +25%), improved profitability in absolute dollars (adjusted EBITDA up ~15%, GAAP net income positive), clear market leadership in BPM with robust pipeline visibility, and reaffirmed full-year guidance. Key operational challenges—most notably bag yield/scrap issues that compressed gross margin and adjusted EBITDA margin, rising operating expenses tied to R&D and severance, short-term cash/working capital pressures, and customer/product concentration—represent meaningful near-term risks but are described as manageable and temporary by management. Given the combination of durable demand drivers, strategic initiatives (product launches, cross-sell opportunities) and a solid balance sheet, the positive growth and leadership signals outweigh the transitory operational headwinds in management's view.
Positive Updates
Strong Q1 Revenue Growth
Total revenue of $27.5 million in Q1 2026, up 25% year-over-year, driven primarily by biopreservation media (BPM) and growth across the product portfolio.
Negative Updates
Bag Yield Issues Driving Margin Pressure
Adjusted gross margin declined to 64% in Q1 2026 from 68% in Q1 2025 (GAAP gross margin 64% vs 67% prior). The decline is primarily attributed to a product mix shift toward bags and manufacturing yield/scrap issues tied to bags. Management views the yield impact as transitory but expects margin improvement only after customers select alternatives and existing bag inventory is consumed (estimated flow-through in Q4 2026 or Q1 2027).
Read all updates
Q1-2026 Updates
Negative
Strong Q1 Revenue Growth
Total revenue of $27.5 million in Q1 2026, up 25% year-over-year, driven primarily by biopreservation media (BPM) and growth across the product portfolio.
Read all positive updates
Company Guidance
BioLife reiterated 2026 guidance of $112.5–$115.0 million in revenue (growth of ~17%–20% YoY), GAAP and adjusted gross margins in the mid‑60s, an expected expansion in adjusted EBITDA margin versus 2025, and the achievement of full‑year positive GAAP net income for the first time in many years; for context, Q1 revenue was $27.5M (+25% YoY) with adjusted EBITDA of $6.2M (22% of revenue) and adjusted gross margin of 64%, cash and marketable securities of $111.5M at March 31, 2026, shares outstanding of 48.9M (50.3M fully diluted) as of April 30, and management expects bag‑yield remediation to drive margin improvement by Q4 2026 (or Q1 2027).

BioLife Solutions Financial Statement Overview

Summary
Financials are improving but still mixed: revenue has grown to ~$99.8M TTM with strong mid-60% gross margins, and operating cash flow is positive in the latest annual period and TTM. The key drag is that profitability is not yet consistently established (operating and net losses persist in TTM), and free cash flow has been volatile and slightly negative in TTM despite improvement versus prior years. Balance sheet strength (very low leverage with modest debt vs large equity) meaningfully reduces solvency risk.
Income Statement
58
Neutral
Balance Sheet
84
Very Positive
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue99.77M96.21M82.25M75.86M76.24M119.16M
Gross Profit63.74M62.12M53.67M46.75M46.91M28.85M
EBITDA-7.46M3.61M1.53M-45.24M-124.18M-16.65M
Net Income-10.50M-12.13M-20.18M-66.43M-139.81M-8.91M
Balance Sheet
Total Assets400.91M405.88M399.49M412.71M450.23M552.60M
Cash, Cash Equivalents and Short-Term Investments81.00M88.93M104.58M44.18M62.70M69.87M
Total Debt14.86M17.90M30.17M33.83M43.71M26.88M
Total Liabilities28.68M34.00M50.58M75.05M86.04M76.24M
Stockholders Equity372.23M371.89M348.91M337.66M364.19M480.75M
Cash Flow
Free Cash Flow-1.79M10.64M5.20M-18.88M-18.87M-13.22M
Operating Cash Flow17.90M20.11M8.43M-12.50M-8.49M-4.84M
Investing Cash Flow-46.19M-71.54M58.30M17.84M-58.12M-12.64M
Financing Cash Flow-15.83M-10.92M-6.78M10.59M16.32M-2.78M

BioLife Solutions Technical Analysis

Technical Analysis Sentiment
Positive
Last Price20.11
Price Trends
50DMA
24.50
Positive
100DMA
22.57
Positive
200DMA
24.03
Positive
Market Momentum
MACD
0.97
Negative
RSI
59.26
Neutral
STOCH
64.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLFS, the sentiment is Positive. The current price of 20.11 is below the 20-day moving average (MA) of 26.83, below the 50-day MA of 24.50, and below the 200-day MA of 24.03, indicating a bullish trend. The MACD of 0.97 indicates Negative momentum. The RSI at 59.26 is Neutral, neither overbought nor oversold. The STOCH value of 64.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLFS.

BioLife Solutions Risk Analysis

BioLife Solutions disclosed 38 risk factors in its most recent earnings report. BioLife Solutions reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

BioLife Solutions Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$1.37B-128.66-2.91%-5.48%-666.94%
60
Neutral
$1.19B-6.50-10.69%-5.87%-175.46%
58
Neutral
$2.02B-26.71-86.67%-13.79%
56
Neutral
$1.38B-65.10-6.07%4.03%70.55%
53
Neutral
$227.63M-6.46-246.44%17.41%-189.91%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
$1.57B-7.04-68.83%59.06%-47.91%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BLFS
BioLife Solutions
27.79
5.24
23.24%
AZTA
Azenta
25.67
-7.84
-23.40%
STAA
Staar Surgical
27.34
10.43
61.68%
PLSE
Pulse Biosciences
29.11
13.58
87.44%
SMTI
Sanara MedTech
25.17
-5.13
-16.93%
KMTS
Kestra Medical Technologies Ltd.
27.88
12.10
76.68%

BioLife Solutions Corporate Events

Business Operations and StrategyFinancial Disclosures
BioLife Highlights Strategy Shift in New Investor Presentation
Positive
Jun 3, 2026
On June 3, 2026, BioLife Solutions, Inc. released a new investor presentation that management plans to use at the Jefferies Global Healthcare Conference and other investor meetings, and also posted it on its investor relations website for broader ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 26, 2026