v3.26.1
Segment and Geographic Information (Tables)
 9 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
The following is the summary of the financial information for the Company’s reportable segments for the three and nine months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended June 30,Nine Months Ended June 30,
2026202520262025
Revenue:
Sample Management Solutions$88,289 $77,620 $250,804 $238,575 
Multiomics72,889 66,235 203,811 196,054 
Total revenue$161,178 $143,855 $454,615 $434,629 
Adjusted operating income (loss):
Sample Management Solutions$4,944 $10,737 $13,035 $18,318 
Multiomics(348)(3,958)(14,777)(11,801)
Segment adjusted operating income (loss)$4,596 $6,779 $(1,742)$6,517 
Amortization of completed technology2,082 2,068 6,017 5,876 
Amortization of other intangible assets3,616 4,123 10,730 12,499 
Transformation costs(1)
272 1,542 1,913 9,771 
Restructuring charges513 754 3,078 4,765 
Impairment of goodwill and intangible assets— — 149,083 — 
Merger and acquisition costs(2)
2,248 58 4,436 2,316 
Purchase accounting and other adjustments43 84 206 35 
Total operating loss(4,178)(1,850)(177,205)(28,745)
Interest income, net3,825 4,973 13,310 13,760 
Other income (expenses), net1,199 (820)5,337 1,542 
Income (loss) from continuing operations before income taxes$846 $2,303 $(158,558)$(13,443)
(1)Transformation costs represent expenses associated with discrete strategic initiatives undertaken to simplify, standardize, streamline, and optimize the Company's operations, processes, and systems. These initiatives are intended to generate long-term operational efficiencies and productivity improvements and do not meet the definition of restructuring charges. Transformation costs primarily include asset write-downs associated with technology changes, inventory write-downs related to restructuring activities, and third-party consulting costs incurred to support process and systems redesign efforts.
(2)Merger and acquisition costs consist primarily of legal, accounting, valuation, and strategic advisory fees incurred in connection with acquisition and integration activities.
The following is the summary of the adjusted operating income information for the Company’s reportable segments for the three and nine months ended June 30, 2026 and 2025 (in thousands):

Sample Management SolutionsThree Months Ended June 30,Nine Months Ended June 30,
2026202520262025
Total revenue$88,289 $77,620 $250,804 $238,575 
Less: Adjusted cost of revenue47,770 36,207 134,853 119,732 
Less: Adjusted operating expenses35,575 30,676 102,916 100,525 
Adjusted operating income$4,944 $10,737 $13,035 $18,318 
Other Information
Depreciation Expense$4,155 $2,939 $10,603 $8,491 
MultiomicsThree Months Ended June 30,Nine Months Ended June 30,
2026202520262025
Total revenue$72,889 $66,235 $203,811 $196,054 
Less: Adjusted cost of revenue38,970 39,151 115,648 110,939 
Less: Adjusted operating expenses34,267 31,042 102,940 96,916 
Adjusted operating loss$(348)$(3,958)$(14,777)$(11,801)
Other Information
Depreciation Expense$2,647 $4,024 $10,588 $11,346 
Schedule of Segment Assets
The following is the summary of the asset information for the Company’s reportable segments as of June 30, 2026 and September 30, 2025 (in thousands):
Assets:June 30, 2026September 30, 2025
Sample Management Solutions$822,668 $854,402 
Multiomics324,984 445,212 
Total assets$1,147,652 $1,299,614 
The following is a reconciliation of the segment assets to the corresponding amounts presented in the Condensed Consolidated Balance Sheets as of June 30, 2026 and September 30, 2025 (in thousands):
June 30,
2026		September 30,
2025
Segment assets$1,147,652 $1,299,614 
Cash and cash equivalents, restricted cash and marketable securities528,538 546,201 
Deferred tax assets494 726 
General corporate assets51,451 54,500 
Current and noncurrent assets held for sale148,076 158,541 
Total assets$1,876,211 $2,059,582 
Schedule of Revenue by Geographic Area Net revenue by geographic area for the three and nine months ended June 30, 2026 and 2025 are as follows (in thousands):
Three Months Ended June 30,Nine Months Ended June 30,
2026202520262025
Geographic Location:
United States$91,516 $87,819 $261,953 $271,220 
China18,791 14,321 53,615 41,947 
United Kingdom12,095 9,297 32,481 25,036 
Rest of Europe29,986 25,430 82,356 75,009 
Asia Pacific (Excluding China)6,903 5,762 20,113 17,839 
Other1,887 1,226 4,097 3,578 
Total revenue$161,178 $143,855 $454,615 $434,629 
Schedule of Long-lived Assets by Geographic Area
Net long-lived assets, excluding goodwill and other intangible assets, by geographic area as of June 30, 2026 and September 30, 2025 (in thousands):
June 30,
2026		September 30,
2025
United States$113,695 $116,681 
China59,301 56,715 
United Kingdom43,122 14,338 
Rest of Europe14,676 16,674 
Asia Pacific (Excluding China)2,885 3,505 
Other169 89 
Total long-lived assets, net$233,848 $208,002