Standard Biotools (LAB) Operating Expenses (2010 - 2026)

Standard Biotools' (LAB) quarterly Operating Expenses came in at $23.8 million in Q1 2026, down 37.39% year-on-year from $38.0 million in Q1 2025, and down 33.93% on a QoQ basis from $36.0 million in Q4 2025.

Standard Biotools (LAB) Operating Expenses (2010 - 2026) Analysis & Trends

Standard Biotools (LAB) has 17 years of Operating Expenses data on file, last reported at $23.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 37.39% year-over-year to $23.8 million in Q1 2026; TTM through Mar 2026 was $138.6 million, a 10.55% decrease from a year earlier, with the FY2025 full-year figure at $152.8 million, down 11.36% from the prior year.
  • Operating Expenses for Q1 2026 stood at $23.8 million, down from $36.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for LAB reached as high as $84.4 million in Q1 2024 and fell as low as $23.8 million in Q1 2026.
  • Historically, Operating Expenses has averaged $39.6 million across 5 years, with a median of $37.4 million in 2024.
  • Across the five-year window, Operating Expenses plunged 74.25% in 2022 and surged 192.2% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $32.3 million in 2022, then rose by 7.63% to $34.7 million in 2023, then gained by 7.76% to $37.4 million in 2024, then declined by 3.77% to $36.0 million in 2025, then plunged by 33.93% to $23.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $23.8 million in Q1 2026, $36.0 million in Q4 2025, and $42.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 182.44 Bn 175.14 Bn 6.27 Bn 9.82 Bn
2 Stryker 128.91 Bn 126.03 Bn 3.81 Bn 2.87 Bn
3 Medtronic 108.67 Bn 99.45 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 68.45 Bn 67.00 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 47.59 Bn 43.92 Bn 1.29 Bn 785.50 Mn
6 Dexcom 28.59 Bn 27.48 Bn 750.30 Mn 495.00 Mn
7 GE HealthCare Technologies 28.53 Bn 26.24 Bn 1.98 Bn 1.46 Bn
8 Smith & Nephew 26.95 Bn 26.37 Bn - -47.00 Mn
9 Koninklijke Philips 25.42 Bn 22.30 Bn 2.07 Bn -668.50 Mn
10 Standard Biotools 315.49 Mn -139.68 Mn 11.31 Mn 23.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.80 Mn
Dec 31, 2025 36.03 Mn
Sep 30, 2025 42.42 Mn
Jun 30, 2025 36.33 Mn
Mar 31, 2025 38.02 Mn
Dec 31, 2024 37.44 Mn
Sep 30, 2024 38.83 Mn
Jun 30, 2024 40.64 Mn
Mar 31, 2024 84.37 Mn
Dec 31, 2023 34.74 Mn
Sep 30, 2023 32.33 Mn
Jun 30, 2023 31.05 Mn
Mar 31, 2023 28.87 Mn
Dec 31, 2022 32.28 Mn
Sep 30, 2022 38.25 Mn
Jun 30, 2022 42.99 Mn
Mar 31, 2022 54.01 Mn
Sep 30, 2021 148.52 Mn
Jun 30, 2021 100.40 Mn
Mar 31, 2021 52.11 Mn