Standard Biotools (LAB) Research & Development (2010 - 2026)
Standard Biotools' (LAB) quarterly Research & Development came in at $2.1 million in Q1 2026, down 61.08% year-on-year from $5.4 million in Q1 2025, and down 73.43% on a QoQ basis from $8.0 million in Q4 2025.
Standard Biotools (LAB) Research & Development (2010 - 2026) Analysis & Trends
Standard Biotools (LAB) has 17 years of Research & Development data on file, last reported at $2.1 million in Q1 2026.
- On a quarterly basis, Research & Development fell 61.08% year-over-year to $2.1 million in Q1 2026; TTM through Mar 2026 was $22.7 million, a 15.0% decrease from a year earlier, with the FY2025 full-year figure at $26.0 million, down 9.86% from the prior year.
- Research & Development for Q1 2026 stood at $2.1 million, down from $8.0 million in the prior quarter.
- Over the last five years, Research & Development for LAB reached as high as $16.0 million in Q1 2024 and fell as low as $2.1 million in Q1 2026.
- Historically, Research & Development has averaged $7.6 million across 5 years, with a median of $6.9 million in 2024.
- Across the five-year window, Research & Development slumped 71.14% in 2022 and jumped 148.56% in 2024, its largest moves.
- Year by year, Research & Development stood at $7.4 million in 2022, then fell by 6.95% to $6.9 million in 2023, then grew by 1.9% to $7.0 million in 2024, then climbed by 13.2% to $8.0 million in 2025, then slumped by 73.43% to $2.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $2.1 million in Q1 2026, $8.0 million in Q4 2025, and $6.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.67 Bn | 176.38 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 128.91 Bn | 126.03 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 108.84 Bn | 99.62 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 68.57 Bn | 67.12 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 48.68 Bn | 45.01 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 28.42 Bn | 27.31 Bn | 750.30 Mn | 145.30 Mn |
| 7 | GE HealthCare Technologies | 28.38 Bn | 26.09 Bn | 1.98 Bn | 345.00 Mn |
| 8 | Smith & Nephew | 26.94 Bn | 26.36 Bn | - | - |
| 9 | Koninklijke Philips | 25.50 Bn | 22.38 Bn | 2.07 Bn | -461.27 Mn |
| 10 | Standard Biotools | 309.82 Mn | -145.35 Mn | 11.31 Mn | 2.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 29.40 Mn |
| Jun 30, 2021 | 20.19 Mn |
| Mar 31, 2021 | 10.75 Mn |