Standard Biotools (LAB) Operating Expenses (2010 - 2026)
Standard Biotools (LAB) posted quarterly Operating Expenses of $23.8 million for Q1 2026, down 37.39% year-over-year from $38.0 million in Q1 2025, and down 33.93% quarter-over-quarter from $36.0 million in Q4 2025.
Standard Biotools (LAB) Operating Expenses (2010 - 2026) Analysis & Trends
Standard Biotools (LAB) has reported Operating Expenses for 17 consecutive years, with $23.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 37.39% year-over-year to $23.8 million; the TTM figure through Mar 2026 stood at $138.6 million (down 10.55% YoY), while the FY2025 annual figure was $152.8 million, down 11.36% from the prior year.
- Operating Expenses retreated to $23.8 million in Q1 2026 per LAB's latest filing, from $36.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $84.4 million in Q1 2024 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 74.25% — and 2024, when it jumped 192.2%.
- Standard Biotools' Operating Expenses stood at $32.3 million in 2022, then grew by 7.63% to $34.7 million in 2023, then increased by 7.76% to $37.4 million in 2024, then slipped by 3.77% to $36.0 million in 2025, then plunged by 33.93% to $23.8 million in 2026.
- Business Quant data shows LAB's Operating Expenses at $23.8 million in Q1 2026, $36.0 million in Q4 2025, and $42.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.31 Bn | 193.71 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.55 Bn | 126.08 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.91 Bn | 110.69 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.06 Bn | 73.52 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.45 Bn | 48.20 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.88 Bn | 31.77 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.16 Bn | 22.68 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Standard Biotools | 252.94 Mn | -223.78 Mn | 10.54 Mn | 35.92 Mn |
Historic Data
Download 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 |