Standard Biotools (LAB) Gross Margin (2010 - 2026)
Standard Biotools (LAB) recorded Gross Margin of 55.86% in Q3 2026, up 7.35 percentage points from 48.51% a year earlier and up 3.46 percentage points from the prior quarter.
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Analysis
Standard Biotools (LAB) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Standard Biotools' Gross Margin came in at 52.18% as of Sep 30, 2026, up 2.92 percentage points year-over-year; for FY2025, it was 49.86%, up 0.54 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, though with a five-year change of -10.46 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 49.32% in FY2024 (+1.88 pp), 47.44% in FY2023 (+9.61 pp), 37.83% in FY2022 (-15.30 pp) and 53.13% in FY2021 (-7.19 pp).
- The Q3 2026 figure is the highest quarterly Gross Margin since Q1 2021.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of +1.01 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 25.59 percentage points in Q2 2023, against a drop of 29.36 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 52.40% (Q2 2026), 53.48% (Q1 2026) and 47.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 24.50% |
| 10 | Standard Biotools | 280.22 Mn | -1.30 Bn | 10.83 Mn | 55.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 55.86% |
| Jun 30, 2026 | 52.40% |
| Mar 31, 2026 | 53.48% |
| Dec 31, 2025 | 47.83% |
| Sep 30, 2025 | 48.51% |
| Jun 30, 2025 | 48.84% |
| Mar 31, 2025 | 54.64% |
| Dec 31, 2024 | 45.84% |
| Sep 30, 2024 | 54.90% |
| Jun 30, 2024 | 46.12% |
| Mar 31, 2024 | 53.11% |
| Dec 31, 2023 | 47.39% |
| Sep 30, 2023 | 43.97% |
| Jun 30, 2023 | 49.17% |
| Mar 31, 2023 | 48.89% |
| Dec 31, 2022 | 41.33% |
| Sep 30, 2022 | 35.95% |
| Jun 30, 2022 | 23.58% |
| Mar 31, 2022 | 46.17% |
| Dec 31, 2021 | 52.90% |
API Access
Standard Biotools Gross Margin 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=gross-margin&ticker=LAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();