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Standard Biotools (LAB) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Standard Biotools (LAB) reported revenue of $20.1M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -5% from the quarter before. Operating margin was -126.3%, net loss $26.8M (133.1% of revenue).

Revenue$20.1M
Year over year-8%
Quarter over quarter-5%
Operating margin-126.3%
Net earnings−$26.8M

Standard Biotools, Q2 2026: revenue $20.1M (-8% year over year), operating margin -126.3%, net loss $26.8M, operating cash flow −$10.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$20.1M-5%-8%
Operating profit−$25.4M——
Net earnings−$26.8M-121%—
Operating cash flow−$10.3M——

What changed

Revenue was $20.1M in Q2 2026, down 8% year over year and down 5% from the previous quarter. Consumables was the largest line at 47% of revenue. Consumables lost $1.1M year over year (down 10%), 65% of the total change.

Gross margin was 52.4%, up 3.6 points from Q2 2025. Operating costs exceeded revenue by $25.4M, an operating margin of -126.3%. Operating expenses fell 1% while revenue fell 8%. The fastest-growing cost line was Other operating costs (+779%). The quarter ended with a net loss of $26.8M, after a profit of $127.1M the previous quarter.

Operating cash flow was −$10.3M. Non-cash charges added back $1.3M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $11.1M. Capital expenditures of $344K exceeded it, leaving free cash flow of −$10.7M.

Questions

What was Standard Biotools' revenue in the second quarter 2026?

Standard Biotools (LAB) reported revenue of $20.1M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -5% from the quarter before.

Was Standard Biotools profitable in the second quarter 2026?

Operating loss was $25.4M (-126.3% of revenue) and net loss $26.8M.

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Source: Standard Biotools 10-Q on SEC EDGAR.