Strong Revenue Growth
BioLife Solutions reported Q2 revenue of $25.4 million, representing an increase of 29% year-over-year, primarily driven by a 28% increase in cell processing platform revenue.
Increased Revenue Guidance
The company raised its full year 2025 revenue guidance to $100 million to $103 million, reflecting an overall growth of 22% to 25%.
Cell Processing Revenue Surge
Cell processing revenue reached $23 million, a 28% year-over-year increase and up 6% sequentially, marking the seventh consecutive quarter of growth.
Adjusted EBITDA Margin Expansion
Adjusted EBITDA for Q2 2025 was $6.1 million or 24% of revenue, compared with $3.9 million or 20% of revenue in the prior year.
Strategic Investment in Pluristyx
BioLife made a strategic investment in Pluristyx, an early-stage developer of iPSC-based products, aligning with their interest in exploring biological assays.
Strong Cash Position
BioLife ended Q2 2025 with over $100 million in cash and marketable securities, enabling continued investment in strategic priorities.