Friday 6 November 2026
Export LAB’s income statement to Excel — free account
Standard BioTools Inc.
LAB Healthcare Medical Devices
Standard BioTools Inc.’s revenue for fiscal 2025 (year ended December 2025) was $85.3 million, down 6.24% from fiscal 2024.
- Revenue
- −0.85%
- EPS
- +138.1%
- Free cash flow
- +73.3%
- Total debt
- +0.33%
Quarter to September 2026, against a year earlier
0.62
0.00
0.00%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 104 | 102 | 113 | 117 | 138 | 131 | 98 | 106 | 91 | 85 | 84 | (2.2%) | 83 | 82 | 86 | +0.1% | |
| Gross margin, % | 55.95 | 50.99 | 54.57 | 54.83 | 60.32 | 53.13 | 37.83 | 47.44 | 49.32 | 49.86 | 52.18 | (6.1) pt | ||||||
| EBT | (80) | (64) | (61) | (67) | (54) | (64) | (193) | (74) | (90) | (97) | (73) | +2.1% | ||||||
| EBT margin, % | (76.76) | (62.59) | (54.37) | (56.89) | (39.16) | (48.75) | (196.97) | (69.78) | (99.33) | (113.33) | (86.50) | (36.6) pt | ||||||
| Net income | (76) | (61) | (59) | (65) | (53) | (59) | (190) | (75) | (139) | (75) | 133 | (0.2%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 3.60 | 3.09 | 2.85 | 1.76 | 1.92 | 1.72 | 1.25 | 1.34 | 0.26 | 0.22 | 0.21 | (26.6%) | |||||
| Earnings | (2.62) | (1.84) | (1.49) | (0.97) | (0.74) | (0.78) | (2.43) | (0.94) | (0.52) | (0.20) | 0.34 | (24.9%) | ||||||
| Cash flow | (1.35) | (0.73) | (0.64) | (0.53) | (0.21) | (0.58) | (1.14) | (0.55) | (0.41) | (0.19) | (0.16) | (19.3%) | ||||||
| Capex | (0.17) | (0.05) | (0.01) | (0.04) | (0.18) | (0.17) | (0.05) | (0.04) | (0.02) | (0.02) | 0.00 | (20.6%) | ||||||
| Free cash flow | (1.52) | (0.78) | (0.64) | (0.57) | (0.39) | (0.76) | (1.19) | (0.58) | (0.43) | (0.22) | (0.17) | (19.5%) | ||||||
| Book value | 1.84 | 0.94 | 1.82 | 2.30 | 1.93 | 1.25 | 2.93 | 2.06 | 1.34 | 1.11 | 1.41 | (5.4%) | ||||||
| Shares, m | 29 | 33 | 40 | 67 | 72 | 76 | 78 | 79 | 353 | 382 | 389 | +33.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.80 | 0.0 | |||||
| P/S | 2.11 | 2.02 | 3.03 | 1.98 | 3.13 | 2.28 | 1.04 | 1.65 | 6.79 | 5.72 | 2.89 | 3.0 | ||||||
| P/B | 4.14 | 6.64 | 4.74 | 1.51 | 3.11 | 3.14 | 0.00 | 0.00 | 1.31 | 1.15 | 0.44 | 2.6 | ||||||
| EV/Sales | 3.41 | 3.31 | 3.70 | 1.96 | 3.05 | 2.60 | 0.01 | 0.66 | 3.63 | 3.59 | (2.51) | 2.6 | ||||||
| EV/FCF | (6.99) | (10.46) | (13.01) | (5.17) | (12.12) | (5.31) | (0.01) | (1.32) | (2.09) | (3.43) | 2.93 | (6.0) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (39) | (24) | (25) | (35) | (15) | (44) | (89) | (43) | (143) | (74) | (64) | +7.4% | |||||
| Capex | (5) | (2) | 0 | (3) | (13) | (13) | (4) | (3) | (8) | (8) | (1) | +5.6% | ||||||
| Free cash flow | (44) | (26) | (26) | (38) | (28) | (57) | (93) | (46) | (152) | (83) | (66) | +7.2% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 67 | 61 | 90 | 63 | 63 | 22 | 165 | 49 | 310 | 346 | 446 | +20.0% | |||||
| Net debt | 136 | 132 | 77 | (3) | (11) | 43 | (101) | (106) | (293) | (187) | (461) | n/m | ||||||
| Shareholders’ equity | 53 | 31 | 72 | 154 | 139 | 95 | 230 | 163 | 472 | 424 | 556 | +25.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (22.47) | (20.39) | (19.97) | (22.79) | (17.99) | (19.75) | (57.13) | (20.93) | (39.53) | (12.69) | 22.65 | +9.8 pt | |||||
| ROIC | (24.23) | (22.37) | (20.23) | (21.51) | (24.97) | (30.73) | (56.35) | (83.57) | (44.48) | (29.07) | (54.18) | (4.8) pt | ||||||
| ROE | (90.39) | (143.84) | (114.53) | (57.41) | (36.23) | (50.71) | (2,895.83) | 65.05 | (114.25) | (16.72) | 27.86 | +73.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 589 | 505 | 535 | 566 | 627 | 615 | 523 | 539 | 818 | 389 | — | (4.5%) | |||||
| Revenue/emp, $m | 0.18 | 0.20 | 0.21 | 0.21 | 0.22 | 0.21 | 0.19 | 0.20 | 0.11 | 0.22 | — | +2.4% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Standard BioTools Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| TMCI Treace Medical Concepts, Inc. | $271.9M | — (loss-making) | — (loss-making) | −4.24% (below 0%: shrinking) | n/m | +11.74% (above 0%: growing) | 78.47% | (32.96%) | Compare |
| INFU InfuSystems Holdings, Inc. | $270.1M | 32.0× | 33.0× | +2.59% (above 0%: growing) | +33.33% (above 0%: growing) | −66.54% (below 0%: shrinking) | 57.98% | 11.24% | Compare |
| QSI Quantum-Si Incorporated | $256.1M | — (loss-making) | — (loss-making) | −61.59% (below 0%: shrinking) | n/m | +37.48% (above 0%: growing) | 34.91% | (11,215.09%) | Compare |
| PROF Profound Medical | $251.3M | — (loss-making) | — (loss-making) | +85.86% (above 0%: growing) | n/m | +47.93% (above 0%: growing) | 78.13% | (79.56%) | Compare |
| LAB Standard BioTools Inc. | $245.7M | 1.8× | — (loss-making) | −0.85% (below 0%: shrinking) | n/m | +73.32% (above 0%: growing) | 55.86% | (101.98%) | |
| ELMD Electromed, Inc. | $221.8M | 19.4× | 18.6× | +11.64% (above 0%: growing) | +57.69% (above 0%: growing) | −25.15% (below 0%: shrinking) | 78.71% | 19.70% | Compare |
| TLSI TriSalus Life Sciences, Inc. | $217.4M | — (loss-making) | — (loss-making) | +1.73% (above 0%: growing) | n/m | −41.29% (below 0%: shrinking) | 86.78% | (86.03%) | Compare |
| RXST RxSight, Inc. | $190.4M | — (loss-making) | — (loss-making) | −18.97% (below 0%: shrinking) | n/m | +2,591.06% (above 0%: growing) | 73.62% | (75.32%) | Compare |
| STIM Neuronetics, Inc. | $185.2M | — (loss-making) | — (loss-making) | +12.51% (above 0%: growing) | n/m | +237.71% (above 0%: growing) | 52.17% | 1.29% | Compare |
| Median of peers | $236.6M | — | — | +2.16% | — | +24.61% | 75.88% | (54.14%) |
Pay and ownership Proxy statement filed 27 April 2026
Ownership
Directors and executive officers, together
26.81%
Eli Casdin
23.88%
Entities affiliated with Casdin Capital, LLC
22.75%
Entities affiliated with Viking Global Investors LP
15.03%
BlackRock, Inc.
5.75%
Entities affiliated with MAK Capital Fund LP
5.12%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement