Standard Biotools (LAB) Operating Expenses (2010 - 2026)
Standard Biotools (LAB) reported Operating Expenses of $35.92 million for Q2 2026, down 1.1% from $36.33 million a year earlier but up 50.9% from the prior quarter.
Standard Biotools (LAB) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Standard Biotools' Operating Expenses came in at $138.18 million, down 8.3% year-over-year; for FY2025, it was $152.79 million, down 11.4% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- By year, Operating Expenses came in at $172.37 million in FY2024 (+35.7%), $127.05 million in FY2023 (-17.1%), $153.26 million in FY2022 (-22.6%) and $198.04 million in FY2021 (+4.7%).
- Five-year quarterly Operating Expenses spans a low of $23.8 million in Q1 2026 and a high of $84.37 million in Q1 2024.
- Year over year, Operating Expenses has now declined in each of the last three quarters, with an average decline of 8.8% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q1 2024 (growth of 192.2%); the low point was Q1 2025 (a decline of 54.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $23.8 million (Q1 2026), $36.03 million (Q4 2025) and $42.42 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.47 Bn | 237.50 Bn | 4.88 Bn | 9.91 Bn |
| 2 | Abbott Laboratories | 174.47 Bn | 144.90 Bn | 7.27 Bn | 10.90 Bn |
| 3 | Danaher | 162.80 Bn | 146.61 Bn | 3.61 Bn | 2.48 Bn |
| 4 | Intuitive Surgical | 150.01 Bn | 129.44 Bn | 1.96 Bn | 988.50 Mn |
| 5 | Medtronic | 120.37 Bn | 85.62 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 114.24 Bn | 100.36 Bn | 4.50 Bn | 2.84 Bn |
| 7 | Boston Scientific | 65.60 Bn | 60.37 Bn | 3.85 Bn | 2.67 Bn |
| 8 | Becton Dickinson | 53.50 Bn | 50.64 Bn | 2.32 Bn | 4.32 Bn |
| 9 | Edwards Lifesciences | 50.71 Bn | 34.72 Bn | 1.35 Bn | 840.10 Mn |
| 10 | Standard Biotools | 255.87 Mn | -1.06 Bn | 10.54 Mn | 35.92 Mn |
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 |
| Dec 31, 2021 | 49.52 Mn |
| Sep 30, 2021 | 48.12 Mn |
Standard Biotools Operating Expenses 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=operating-expenses&ticker=LAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();