Standard Biotools Inc. income statement
In fiscal 2025, Standard Biotools Inc. reported revenue of $85.3m, down 6.2% on the year before, operating income of −$110m (a -129.2% margin) and net income of −$74.9m, or −$0.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25 | 34 | 43 | 52 | 71 | 116 | 115 | 104 | 102 | 113 | 117 | 138 | 131 | 98 | 106 | 91 | 85 | 85 |
| Cost of revenue | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 51 | 53 | — | — | 61 | 56 | 46 | 43 | 42 |
| Gross profit | — | — | 43 | 52 | 71 | 116 | 114 | 58 | 52 | 62 | 64 | — | — | 37 | 50 | 45 | 43 | 43 |
| Research and development | 12 | 13 | 14 | 17 | 20 | 43 | 39 | 38 | 31 | 30 | 32 | 36 | 38 | 37 | 26 | 29 | 26 | 18 |
| Selling, general and administrative | 20 | 24 | 31 | 38 | 48 | 71 | 83 | 93 | 80 | 80 | 84 | 98 | 99 | 102 | 88 | 103 | 110 | 87 |
| Operating income | −18 | −15 | −19 | −18 | −19 | −52 | −50 | −73 | −58 | −48 | −52 | −51 | −67 | −116 | −77 | −127 | −110 | −95 |
| Interest expense | 3 | 2 | 3 | 1 | 0 | 5 | 6 | 6 | 6 | 14 | 4 | 4 | 4 | 4 | 5 | — | — | — |
| Income before tax | −19 | −17 | −22 | −19 | −16 | −58 | −55 | −80 | −64 | −61 | −67 | −54 | −64 | −193 | −74 | −90 | −97 | −91 |
| Income tax | −0 | 0 | 0 | 0 | 0 | −5 | −1 | −4 | −3 | −2 | −2 | −1 | −4 | −3 | 0 | 1 | −38 | −37 |
| Net income | −19 | −17 | −22 | −19 | −17 | −53 | −53 | −76 | −61 | −59 | −65 | −53 | −59 | −190 | −75 | −139 | −75 | 85 |
| Diluted EPS | −$1.10 | −$0.89 | −$1.81 | −$0.86 | −$0.65 | −$1.90 | −$1.86 | −$2.62 | −$1.84 | −$1.49 | −$0.97 | −$0.74 | −$0.78 | −$2.43 | −$0.94 | −$0.52 | −$0.20 | $0.22 |
| Diluted shares (average) | — | 19m | 18m | 22m | 25m | 28m | 29m | 29m | 33m | 40m | 67m | 72m | 76m | 78m | 79m | 353m | 382m | 387m |
| EBITDA | −16 | −13 | −17 | −16 | −16 | −48 | −45 | −66 | −51 | −43 | −47 | −47 | −64 | −104 | −64 | −115 | −101 | −90 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 25 | 20 | 22 | 20 | 24 | 21 | 20 |
| Cost of revenue | 10 | 13 | 9 | 11 | 10 | 12 | 10 | 10 |
| Gross profit | 12 | 11 | 11 | 11 | 9 | 11 | 11 | 11 |
| Research and development | 7 | 7 | 5 | 6 | 6 | 8 | 2 | 2 |
| Selling, general and administrative | 24 | 27 | 30 | 28 | 27 | 25 | 19 | 16 |
| Operating income | −27 | −26 | −27 | −26 | −33 | −25 | −12 | −25 |
| Income before tax | −22 | −27 | −23 | −18 | −33 | −22 | −15 | −21 |
| Income tax | 0 | 0 | −0 | −1 | −1 | −36 | 0 | 0 |
| Net income | −27 | −34 | −26 | −33 | −35 | 19 | 127 | −27 |
| Diluted EPS | −$0.07 | −$0.08 | −$0.07 | −$0.09 | −$0.09 | $0.05 | $0.33 | −$0.07 |
| EBITDA | −23 | −26 | −24 | −24 | −31 | −23 | −11 | −24 |
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