Scientific Industries Inc
scientificindustries.comWhat Do They Do?
Sells benchtop laboratory equipment such as scales, balances and pill counters to research labs and pharmacies, alongside bioprocessing systems and sensor products for laboratory-scale research.
10-K for FY2025, filed Mar 31, 2026General. Incorporated in 1954, Scientific Industries, Inc., a Delaware corporation (“SI” and along with its subsidiaries, the “Company”)…View ↗
Benchtop Laboratory Equipment. The Company’s Benchtop Laboratory Equipment products consist of pharmacy and laboratory balances and scales…View ↗
Bioprocessing Systems. SBHI, through its two wholly-owned subsidiaries, SBI and Aquila, is engaged in the design, development, manufacture…View ↗
How Do They Make Money?
The company earns revenue from product sales when the product transfers to the customer; subscription revenue is earned evenly across its 12-month term.
10-K for FY2025, filed Mar 31, 2026
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by reportable segment ↗
$5.1M
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10-K for FY2025, filed Mar 31, 2026
$5.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Benchtop Laboratory Equipment
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
74%
FY2021: 88%
|
Benchtop Laboratory Equipment, FY2025
$3.8M Sources
|
Sold outright |
|
Bioprocessing Systems
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
26%
FY2021: 12%
|
Bioprocessing Systems, FY2025
$1.3M Sources
|
Sold outright |
|
Consolidated
|
100%
FY2021: 100%
|
Consolidated, FY2025
$5.1M Sources
|
Who Are Their Customers?
Universities, pharmaceutical companies, pharmacies, national laboratories and medical-device manufacturers use the products for laboratory research. Torbal products sell mainly online, directly or through distributors; VIVID pill counters go through exclusive distributors, while bioprocessing sales use a direct sales team and distributors.
10-K for FY2025, filed Mar 31, 2026General. Incorporated in 1954, Scientific Industries, Inc., a Delaware corporation (“SI” and along with its subsidiaries, the “Company”)…View ↗
The Company’s “Torbal®” brand weighing products are primarily marketed and sold online, and primarily on a direct basis, and distributors.…View ↗
Bioprocessing Systems.The Company’s Bioprocessing Systems products are marketed through a direct sales force consisting of four sales…View ↗
10-K for FY2025, filed Mar 31, 2026
Major Customers. Sales to one customer, principally of the VIVID® Pill counter, represented 31% and 23% of the Company’s consolidated net…View ↗
Do Revenues Turn Into Profits?
No. It lost $1.2M in FY2025.
10-K for FY2025, filed Mar 31, 2026
How Are They Changing?
Shrinking. Revenue fell 48% in 4 years, from $9.8M in FY2020 to $5.1M in FY2025, about 15% a year.
Genie product line sold
The older report listed Genie mixers and related equipment among benchtop products; the latest report says the Genie product line was sold and describes remaining products such as Torbal scales and pill counters.
10-K for FY2022, filed Sep 28, 2022 10-K for FY2025, filed Mar 31, 2026Benchtop Laboratory Equipment. The Company’s Benchtop Laboratory Equipment products consist of mixers and shakers, rotators/rockers…View ↗
General. Incorporated in 1954, Scientific Industries, Inc., a Delaware corporation (“SI” and along with its subsidiaries, the “Company”)…View ↗
Who Do They Compete With?
Competes with Ohaus, A&D, Adam Equipment, Illinois Tool Works, Capsa Healthcare, Medility, ABER Instruments, PreSens, Hamilton Bonaduz, optek-Danulat, Sartorius, and Eppendorf
10-K for FY2025, filed Mar 31, 2026The Company’s main competitors for its Torbal® brand products are Ohaus Corporation, an American company, A&D Company Ltd., a Japanese…View ↗
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