Standard Biotools (LAB) Depreciation and Depletion (2023 - 2026)
Standard Biotools' Depreciation and Depletion was $1.2 million in Q3 2026, down 20.0% from $1.5 million a year earlier and down 7.7% from the prior quarter.
Standard Biotools (LAB) Depreciation and Depletion (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Standard Biotools' Depreciation and Depletion was $5.2 million through Sep 30, 2026, down 18.8% year-over-year; for FY2025, it came in at $6.9 million, up 81.6% from FY2024.
- Depreciation and Depletion has now increased for three consecutive years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $3.8 million in FY2024 (+11.8%), $3.4 million in FY2023 (+21.4%), $2.8 million in FY2022 (unchanged) and $2.8 million in FY2021 (-9.7%).
- The Q3 2026 figure marks the lowest quarterly Depreciation and Depletion since Q4 2024.
- Compared with a year earlier, Depreciation and Depletion has declined for three straight quarters, with growth averaging 13.5% over the last seven quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q1 2024 (growth of 328.6%); the worst was Q2 2026 (a decline of 35.0%).
- Per Business Quant data, LAB's Depreciation and Depletion in the three quarters before Q3 2026 was $1.3 million (Q2 2026), $1.4 million (Q1 2026) and $1.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 307.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 415.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 208.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 187.80 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 317.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 120.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 128.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | - |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Standard Biotools | 280.22 Mn | -1.30 Bn | 10.83 Mn | 1.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.20 Mn |
| Jun 30, 2026 | 1.30 Mn |
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | 1.30 Mn |
| Sep 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.10 Mn |
| Dec 31, 2024 | 800,000.00 |
| Sep 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Mar 31, 2023 | 700,000.00 |
Standard Biotools Depreciation and Depletion 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=depreciation-and-depletion&ticker=LAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();