Standard Biotools (LAB) Cost of Revenue (2010 - 2026)
Standard Biotools' Cost of Revenue was $8.56 million in Q3 2026, down 15.0% from $10.07 million a year earlier and down 10.6% from the prior quarter.
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Analysis
Standard Biotools (LAB) Cost of Revenue (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Standard Biotools' Cost of Revenue was $40.38 million through Sep 30, 2026, down 7.8% year-over-year; for FY2025, it came in at $42.79 million, down 7.2% from FY2024.
- Cost of Revenue has now declined for four consecutive years, with a five-year compound annual growth rate of -4.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $46.13 million in FY2024 (-17.5%), $55.89 million in FY2023 (-8.2%), $60.9 million in FY2022 (-0.5%) and $61.21 million in FY2021 (+11.7%).
- The Q3 2026 figure marks the lowest quarterly Cost of Revenue since Q4 2013.
- Compared with a year earlier, Cost of Revenue was higher in two of the last eight quarters, with an average decline of 12.9%.
- The best year-over-year quarter for Cost of Revenue over five years was Q1 2024 (growth of 66.3%); the worst was Q1 2025 (a decline of 57.0%).
- Per Business Quant data, LAB's Cost of Revenue in the three quarters before Q3 2026 was $9.57 million (Q2 2026), $9.84 million (Q1 2026) and $12.41 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 7.01 Bn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 5.63 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 2.72 Bn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 2.27 Bn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 1.71 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 369.20 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 5.93 Bn |
| 10 | Standard Biotools | 280.22 Mn | -1.30 Bn | 10.83 Mn | 8.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.56 Mn |
| Jun 30, 2026 | 9.57 Mn |
| Mar 31, 2026 | 9.84 Mn |
| Dec 31, 2025 | 12.41 Mn |
| Sep 30, 2025 | 10.07 Mn |
| Jun 30, 2025 | 11.13 Mn |
| Mar 31, 2025 | 9.17 Mn |
| Dec 31, 2024 | 13.42 Mn |
| Sep 30, 2024 | 9.96 Mn |
| Jun 30, 2024 | 12.12 Mn |
| Mar 31, 2024 | 21.35 Mn |
| Dec 31, 2023 | 14.83 Mn |
| Sep 30, 2023 | 14.21 Mn |
| Jun 30, 2023 | 14.06 Mn |
| Mar 31, 2023 | 12.84 Mn |
| Dec 31, 2022 | 15.85 Mn |
| Sep 30, 2022 | 16.43 Mn |
| Jun 30, 2022 | 14.35 Mn |
| Mar 31, 2022 | 14.27 Mn |
| Dec 31, 2021 | 18.02 Mn |
API Access
Standard Biotools Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "LAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();