Company Analysis

Standard BioTools Inc. (LAB)

Nasdaq: LAB · Laboratory Analytical Instruments · Boston, MA · filing with the SEC since 2002
Grade3.4
◀ Past 1.4● Present 3.4▶ Future 5.3
1 est.

The grade of Standard BioTools Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.4/10
◀ Past1.430% of the headline
● Present3.440% of the headline
▶ Future5.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.4/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2026-07-24.

weight 33% of this tense · 13th percentile among 23 sector filers · read for itself

From the record

Standard BioTools Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2026-07-24); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-08-12) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.6/10

What has it actually done, year after year?

-2.2% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 16th percentile among 21 sector filers · read for its customers

From the record

Standard BioTools Inc.'s 10 filed years say what it did: revenue went from $104 million in fiscal 2016 to $85 million in fiscal 2025, down 2.2% a year; it rose in 4 of 9 years; the deepest fall was 38% from fiscal 2020 to fiscal 2025; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-2.2%bottom 8% of its family
  • the share of years revenue rosebottom 17% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak38.2%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.2/10

How has it treated the people who own it?

SI estimate 1.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 12th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 12% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 21 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Standard BioTools Inc.'s shareholder treatment is put at 1.2 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 12% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.4/10

Is it financially healthy right now?

ROE -18%: lost 18¢ per shareholder dollar. Leverage 25%: owes 25¢ per asset dollar.

weight 45% of this tense · 44th percentile among 22 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Standard BioTools Inc. lost about 18 cents for every dollar of shareholders' money, and gross profitability: its products earned about 7 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 8.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 30% of its family
  • return on equitytop 45% of its family
  • gross profit against assetsbottom 25% of its family
  • the share count against the year beforebottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.0/10

How strong is its position in its industry?

bottom 30% of 21 in its family; net margin -87.8%.

weight 33% of this tense · 30th percentile among 21 sector filers · read for its customers

From the record

Standard BioTools Inc.'s standing among 21 graded names in its industry family: revenue of $85 million in fiscal 2025 ranks in the bottom 36% by size; a net margin of -87.8% ranks in the bottom 36%; revenue growth of -4.5% a year over the last 3 filed years ranks in the bottom 18% (its annual reports).

What it rests on

  • revenue against the family$85.3Mbottom 36% of its family
  • net margin-87.8%bottom 36% of its family
  • three-year revenue growth-4.5%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.1/10

What are the people in charge doing?

bottom 21% of 21 in its family for leadership; chief executive since 2022.

weight 22% of this tense · 21st percentile among 21 sector filers · read for its shareholders

From the record

Standard BioTools Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Egholm, Michael (President & CEO, as filed), filing under that title since the record of its people begins (2022-04-04), so the years before are not on the record and this part is not read; the 9 officers and directors filing in the last fifteen months have been on the record a median of 3.7 years (bottom 36%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 9 peoplebottom 7% of its family
  • the median years the people in charge have filed3.7 yearsbottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.9/10

How much room does it have to grow?

bottom 49% of 21 in its family for room to expand.

weight 45% of this tense · 49th percentile among 21 sector filers · read for itself

From the record

Standard BioTools Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $121 million against no long-term debt tagged leaves 21.3% of its assets as net cash, top 25% of its family; cash from operations less capital spending is -96.9% of revenue (bottom 21%); a gross margin of 49.9% (bottom 42%); research spending of 30.5% of revenue (top 42%) (its annual report).

What it rests on

  • cash less debt against assets21.3%top 25% of its family
  • cash from operations less capital spending against revenue-96.9%bottom 21% of its family
  • gross margin49.9%bottom 42% of its family
  • research spending against revenue30.5%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.1/10

What could actually drive growth from here?

top 49% of 21 in its family for growth drivers.

weight 33% of this tense · 51st percentile among 21 sector filers · read for its customers

From the record

Standard BioTools Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -4.5% a year over the last three filed years against -2.2% over all 10, slowing (top 27% of its family); the newest year grew -6.2% (bottom 21%); research spending grew -11.4% a year (bottom 13%); capital spending grew 29.5% a year (top 2%) (its annual reports). Standard BioTools Inc. reported 3 product lines in fiscal 2025: Consumables at $36 million (43%), Instruments at $25 million (30%), Services and Other Revenue at $24 million (28%); 1 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-2.3 points a yeartop 27% of its family
  • the newest year's revenue growth-6.2%bottom 21% of its family
  • three-year growth of research spending-11.4%bottom 13% of its family
  • three-year growth of capital spending29.5%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.4/10

Did its newest year beat what its own record pointed to?

top 36% of 20 in its family for expectations against reality.

weight 22% of this tense · 64th percentile among 20 sector filers · read for its shareholders

From the record

Standard BioTools Inc.'s newest year against its own record: revenue of $85 million in fiscal 2025 came in 2.7% below the $88 million its prior three years' pace pointed to (top 47% of its family); net income of $75 million against a prior three-year average of $135 million (top 27%); a net margin of -87.8% against losses larger than its revenue before (top 32%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.7%top 47% of its family
  • net income against the prior three years' average+44%top 27% of its family
  • net margin against its prior average+51.2 pointstop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LAB · research, not advice