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How Standard Biotools (LAB) makes money

Standard Biotools (LAB) made $19.4M of revenue in the third quarter 2026 (Q3 2026), -0.9% from a year earlier. Product brought in $14.3M (74%); Services and Other Revenue brought in $5.1M (26%).

Drawing the Sankey…

Standard Biotools revenue by segment, Q3 2026Standard Biotools revenue by segment, Q3 2026Product$14.3MServices and Other Revenue$5.1M
Standard Biotools: revenue by line, Q2 2025 to Q3 2026Standard Biotools: revenue by line, Q2 2025 to Q3 2026ProductServices and Other Re…Product: $14.3M latest$14.3MServices and Other Revenue: $5.1M latest$5.1MQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q2 2025 and Q3 2026.
Standard Biotools revenue by quarterStandard Biotools revenue by quarter$40.8MQ1 2025$21.8MQ2 2025$19.6MQ3 2025$23.8MQ4 2025$21.1MQ1 2026$20.1MQ2 2026$19.4MQ3 2026
Standard Biotools: where each dollar of revenue goesStandard Biotools: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product$14.3M73.9%-1%+4%
  ↳ Consumables$8.3M43.0%-11%-4%
  ↳ Instruments$6.0M30.9%+17%+18%
Services and Other Revenue$5.1M26.1%-10%-12%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$19.4M100.0%
Income tax$27K0.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$19.4M-0.9%
Q2 2026$20.1M-8%
Q1 2026$21.1M+5%
Q4 2025$23.8M-4%
Q3 2025$19.6M-12%
Q2 2025$21.8M-3%
Q1 2025$40.8M-10%

From Standard Biotools' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Standard Biotools make money?

Standard Biotools (LAB) made $19.4M of revenue in the third quarter 2026 (Q3 2026), -0.9% from a year earlier. Product brought in $14.3M (74%); Services and Other Revenue brought in $5.1M (26%).

What is Standard Biotools' biggest business?

Product: $14.3M in the third quarter 2026, 74% of revenue, +4% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.