Standard Biotools (LAB) Operating Expenses (2010 - 2026)
Standard Biotools' (LAB) quarterly Operating Expenses came in at $35.9 million in Q2 2026, down 1.11% year-over-year from $36.3 million in Q2 2025, and up 50.91% quarter-over-quarter from $23.8 million in Q1 2026.
Analysis
Standard Biotools (LAB) Operating Expenses (2010 - 2026) Analysis & Trends
Standard Biotools (LAB) has reported Operating Expenses for 17 consecutive years, with $35.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 1.11% year-over-year to $35.9 million in Q2 2026; TTM through Jun 2026 was $138.2 million, a 8.26% decrease from a year earlier, with the FY2025 full-year figure at $152.8 million, down 11.36% from the prior year.
- Operating Expenses was $35.9 million for Q2 2026 at Standard Biotools, up from $23.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $84.4 million in Q1 2024 and troughed at $23.8 million in Q1 2026.
- A 5-year average of $39.4 million and a median of $36.9 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 74.25% in 2022 and soared 192.2% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $32.3 million in 2022, then advanced by 7.63% to $34.7 million in 2023, then climbed by 7.76% to $37.4 million in 2024, then retreated by 3.77% to $36.0 million in 2025, then dropped by 0.29% to $35.9 million in 2026.
- The last three Operating Expenses figures came in at $35.9 million (Q2 2026), $23.8 million (Q1 2026), and $36.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 224.92 Bn | 220.85 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 144.67 Bn | 140.33 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Agilent Technologies | 41.02 Bn | 39.26 Bn | 1.04 Bn | 1.43 Bn |
| 4 | Illumina | 31.29 Bn | 30.12 Bn | 770.00 Mn | 525.00 Mn |
| 5 | Revvity | 13.86 Bn | 12.84 Bn | 416.87 Mn | 327.55 Mn |
| 6 | Bio-Techne | 11.27 Bn | 11.01 Bn | 211.39 Mn | 137.12 Mn |
| 7 | Bio-Rad Laboratories | 10.12 Bn | 8.50 Bn | 345.80 Mn | 273.20 Mn |
| 8 | Repligen | 9.31 Bn | 8.29 Bn | 110.04 Mn | 190.15 Mn |
| 9 | 10x Genomics | 8.66 Bn | 8.10 Bn | 112.50 Mn | 132.05 Mn |
| 10 | Standard Biotools | 282.14 Mn | -194.58 Mn | 10.54 Mn | 35.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.92 Mn |
| 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 |