Standard Biotools (LAB) Work In Process (2011 - 2026)
Standard Biotools (LAB) posted Work In Process of $322,000 for Q2 2026, down 22.2% from $414,000 a year earlier and down 35.3% from the prior quarter.
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Analysis
Standard Biotools (LAB) Work In Process (2011 - 2026) Analysis & Trends
At the end of FY2025, Standard Biotools' Work In Process came in at $253,000, down 42.9% from FY2024.
- Annual Work In Process shows a five-year compound annual growth rate of -26.9% (FY2020 to FY2025).
- In prior years, Standard Biotools' Work In Process was $443,000 in FY2024 (unchanged), $443,000 in FY2023 (-53.1%), $945,000 in FY2022 (+9.0%) and $867,000 in FY2021 (-28.6%).
- Quarterly Work In Process has run from a low of $253,000 in Q4 2025 to a high of $28.89 million in Q1 2025 over five years.
- On a year-over-year basis, Work In Process has declined in each of the last five quarters, with growth averaging 0.2% over the last seven quarters.
- The strongest year-over-year quarter for Work In Process in the past five years was Q3 2024, with growth of 280.9%; the weakest was Q1 2026, with a decline of 98.3%.
- According to Business Quant data, Work In Process for the three prior quarters was $498,000 (Q1 2026), $253,000 (Q4 2025) and $270,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Standard Biotools | 286.25 Mn | -1.03 Bn | 10.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 322,000.00 |
| Mar 31, 2026 | 498,000.00 |
| Dec 31, 2025 | 253,000.00 |
| Sep 30, 2025 | 270,000.00 |
| Jun 30, 2025 | 414,000.00 |
| Mar 31, 2025 | 28.89 Mn |
| Dec 31, 2024 | 443,000.00 |
| Sep 30, 2024 | 1.56 Mn |
| Jun 30, 2024 | 625,000.00 |
| Mar 31, 2024 | 655,000.00 |
| Dec 31, 2023 | 443,000.00 |
| Sep 30, 2023 | 409,000.00 |
| Jun 30, 2023 | 447,000.00 |
| Mar 31, 2023 | 831,000.00 |
| Dec 31, 2022 | 945,000.00 |
| Sep 30, 2022 | 372,000.00 |
| Jun 30, 2022 | 288,000.00 |
| Mar 31, 2022 | 994,000.00 |
| Dec 31, 2021 | 867,000.00 |
| Sep 30, 2021 | 867,000.00 |
API Access
Standard Biotools Work In Process 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=work-in-process&ticker=LAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();