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| Date | Value |
|---|---|
| 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 |