Standard Biotools (LAB) Research & Development (2010 - 2026)
Standard Biotools (LAB) reported Research & Development of $2.08 million for Q3 2026, down 67.3% from $6.36 million a year earlier but up 5.2% from the prior quarter.
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Analysis
Standard Biotools (LAB) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Standard Biotools' Research & Development came in at $14.14 million, down 43.6% 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%).
- Five-year quarterly Research & Development spans a low of $1.98 million in Q2 2026 and a high of $15.98 million in Q1 2024.
- Year over year, Research & Development has now declined in each of the last three quarters, with an average decline of 33.8% over the last eight quarters.
- 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 Q3 2026 came in at $1.98 million (Q2 2026), $2.12 million (Q1 2026) and $7.97 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Standard Biotools | 280.22 Mn | -1.30 Bn | 10.83 Mn | 2.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.08 Mn |
| 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 |
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();