Standard Biotools (LAB) Research & Development (2010 - 2026)
Standard Biotools (LAB) reported Research & Development of $1.98 million for Q2 2026, down 68.2% from $6.22 million a year earlier and down 6.7% from the prior quarter.
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Analysis
Standard Biotools (LAB) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Standard Biotools' Research & Development came in at $18.42 million, down 28.2% year-over-year; for FY2025, it came in at $25.99 million, down 9.9% from FY2024.
- Research & Development has a five-year compound annual growth rate of -6.5% (FY2020 to FY2025).
- By year, Research & Development came in at $28.83 million in FY2024 (+11.1%), $25.95 million in FY2023 (-30.6%), $37.38 million in FY2022 (-1.5%) and $37.94 million in FY2021 (+4.1%).
- The Q2 2026 figure ranks as the lowest quarterly Research & Development in data going back to Q2 2010.
- Year over year, Research & Development gained in three of the last eight quarters, with an average decline of 24.2%.
- The high point for year-over-year Research & Development in five years was Q1 2024 (growth of 148.6%); the low point was Q2 2026 (a decline of 68.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.12 million (Q1 2026), $7.97 million (Q4 2025) and $6.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Standard Biotools | 286.25 Mn | -1.03 Bn | 10.54 Mn | 1.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 Mn |
| Mar 31, 2026 | 2.12 Mn |
| Dec 31, 2025 | 7.97 Mn |
| Sep 30, 2025 | 6.36 Mn |
| Jun 30, 2025 | 6.22 Mn |
| Mar 31, 2025 | 5.44 Mn |
| Dec 31, 2024 | 7.04 Mn |
| Sep 30, 2024 | 6.94 Mn |
| Jun 30, 2024 | 7.24 Mn |
| Mar 31, 2024 | 15.98 Mn |
| Dec 31, 2023 | 6.91 Mn |
| Sep 30, 2023 | 6.37 Mn |
| Jun 30, 2023 | 6.18 Mn |
| Mar 31, 2023 | 6.43 Mn |
| Dec 31, 2022 | 7.43 Mn |
| Sep 30, 2022 | 8.49 Mn |
| Jun 30, 2022 | 12.61 Mn |
| Mar 31, 2022 | 8.87 Mn |
| Dec 31, 2021 | 8.54 Mn |
| Sep 30, 2021 | 9.21 Mn |
API Access
Standard Biotools Research & Development 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=research-and-development&ticker=LAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();