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Standard BioTools Inc.: Business Overview, Financials & Competitive Analysis

Standard BioTools develops, manufactures, and sells instrumentation, consumables, and services to scientists and biomedical researchers to develop therapeutics globally. Key platforms include SomaScan for protein meas...

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Standard BioTools Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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4/ 10Mixed

Cyborg Score thesis

Turnaround story with strengthened balance sheet post-SomaLogic sale, but path to profitability remains uncertain amid mixed...

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Industry Life Sciences Tools & Services
3 named competitors
4 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 15, 2026
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Standard BioTools Inc. Overview

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Standard BioTools develops, manufactures, and sells instrumentation, consumables, and services to scientists and biomedical researchers to develop therapeutics globally. Key platforms include SomaScan for protein measurement, CyTOF for mass cytometry analysis, Hyperion for spatial biology, and Biomark X9 for genomics applications.

Strategic Profile

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The company achieved FY 2025 revenue of $85.3M, cut over $40M in annualized costs, and ended with about $550M cash. Following the strategic sale of SomaLogic to Illumina, Standard BioTools entered 2026 with a streamlined business and approximately $1 billion in NOL carryforwards, providing significant flexibility for disciplined M&A.

Competitive Landscape

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Standard BioTools serves academic research institutions, translational research centers, cancer centers, and biopharmaceutical/biotechnology companies. The company competes in specialized life sciences instrumentation and consumables markets for single-cell and spatial biology research.

Industry Context

Standard BioTools Inc. operates in Life Sciences Tools & Services.

Key facts

Headquarters: Boston, Massachusetts · Revenue: $85.3M · Market cap: $434.56M

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

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Flow cytometry and mass spectrometry platformsLeading competitor in cell analysis instrumentation→Single-cell genomics platformsMajor competitor in single-cell sequencing solutions→Spatial biology solutionsCompetitor in spatial transcriptomics and imaging→

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Industry context

Standard BioTools Inc. operates in Life Sciences Tools & Services. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Standard BioTools Inc. do?+
Standard BioTools develops, manufactures, and sells instrumentation, consumables, and services to scientists and biomedical researchers to develop therapeutics globally. Key platforms include SomaScan for protein meas...
What is Standard BioTools Inc.'s Cyborg Score?+
Standard BioTools Inc. has a Cyborg Score of 4/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Standard BioTools Inc.'s main competitors?+
Named competitors include Flow cytometry and mass spectrometry platforms, Single-cell genomics platforms, Spatial biology solutions. The full competitive landscape is in the AskCyborg report.
How can I get the full Standard BioTools Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Standard BioTools Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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