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Revenue (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of revenues disaggregated by Group, end customer geographical location and timing of recognition

The following tables present the Company’s revenues by Segment and End Customer Geography (in millions):

 

 

Three Months Ended
March 31,

 

 

2023

 

 

2022

 

Revenue by Segment:

 

 

 

 

 

 

BSI BioSpin

 

$

180.3

 

 

$

157.8

 

BSI CALID

 

 

236.7

 

 

 

203.2

 

BSI Nano

 

 

209.6

 

 

 

178.5

 

BEST

 

 

62.2

 

 

 

59.7

 

Eliminations

 

 

(3.5

)

 

 

(4.2

)

Total revenue

 

$

685.3

 

 

$

595.0

 

 

 

 

 

 

 

 

 

Three Months Ended
March 31,

 

 

2023

 

 

2022

 

Revenue by End Customer Geography:

 

 

 

 

 

 

United States

 

$

175.1

 

 

$

155.0

 

Germany

 

 

62.6

 

 

 

58.5

 

Rest of Europe

 

 

159.8

 

 

 

143.4

 

China

 

 

107.6

 

 

 

86.3

 

Rest of Asia Pacific

 

 

132.6

 

 

 

102.6

 

Other

 

 

47.6

 

 

 

49.2

 

Total revenue

 

$

685.3

 

 

$

595.0

 

Revenue for the Company recognized at a point in time versus over time is as follows (in millions):

 

 

Three Months Ended
March 31,

 

 

2023

 

 

2022

 

Revenue recognized at a point in time

 

$

598.7

 

 

$

514.0

 

Revenue recognized over time

 

 

86.6

 

 

 

81.0

 

Total revenue

 

$

685.3

 

 

$

595.0