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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and STANDARD BIOTOOLS INC. (LAB). Click either name above to swap in a different company.

Farmland Partners Inc. is the larger business by last-quarter revenue ($20.7M vs $19.6M, roughly 1.1× STANDARD BIOTOOLS INC.). Farmland Partners Inc. runs the higher net margin — 103.4% vs -177.4%, a 280.8% gap on every dollar of revenue. On growth, Farmland Partners Inc. posted the faster year-over-year revenue change (-3.5% vs -11.5%). Over the past eight quarters, Farmland Partners Inc.'s revenue compounded faster (31.4% CAGR vs -12.2%).

Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.

Standard BioTools Inc., previously known as Fluidigm Corp., is an American life science tools company that offers analytical mass cytometry systems for flow cytometry and tissue imaging, along with associated assays and reagents, as well as an automated genomic analysis instrument and a variety of microfluidic arrays, or integrated fluidic circuits (IFCs), and consumables with fully kitted reagents. Custom assays and services are available with all systems and applications.

FPI vs LAB — Head-to-Head

Bigger by revenue
FPI
FPI
1.1× larger
FPI
$20.7M
$19.6M
LAB
Growing faster (revenue YoY)
FPI
FPI
+7.9% gap
FPI
-3.5%
-11.5%
LAB
Higher net margin
FPI
FPI
280.8% more per $
FPI
103.4%
-177.4%
LAB
Faster 2-yr revenue CAGR
FPI
FPI
Annualised
FPI
31.4%
-12.2%
LAB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FPI
FPI
LAB
LAB
Revenue
$20.7M
$19.6M
Net Profit
$21.4M
$-34.7M
Gross Margin
48.5%
Operating Margin
-168.5%
Net Margin
103.4%
-177.4%
Revenue YoY
-3.5%
-11.5%
Net Profit YoY
-63.5%
-28.8%
EPS (diluted)
$0.44
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FPI
FPI
LAB
LAB
Q4 25
$20.7M
Q3 25
$11.3M
$19.6M
Q2 25
$10.0M
$21.8M
Q1 25
$10.3M
$40.8M
Q4 24
$21.5M
Q3 24
$13.3M
$22.1M
Q2 24
$11.4M
$22.5M
Q1 24
$12.0M
$45.5M
Net Profit
FPI
FPI
LAB
LAB
Q4 25
$21.4M
Q3 25
$483.0K
$-34.7M
Q2 25
$7.6M
$-33.5M
Q1 25
$2.0M
$-26.0M
Q4 24
$58.7M
Q3 24
$1.8M
$-26.9M
Q2 24
$-2.0M
$-45.7M
Q1 24
$1.4M
$-32.2M
Gross Margin
FPI
FPI
LAB
LAB
Q4 25
Q3 25
48.5%
Q2 25
48.8%
Q1 25
48.4%
Q4 24
Q3 24
54.9%
Q2 24
46.1%
Q1 24
53.1%
Operating Margin
FPI
FPI
LAB
LAB
Q4 25
Q3 25
4.3%
-168.5%
Q2 25
78.2%
-118.1%
Q1 25
20.6%
-80.8%
Q4 24
Q3 24
13.9%
-120.9%
Q2 24
-17.9%
-134.5%
Q1 24
11.9%
-132.2%
Net Margin
FPI
FPI
LAB
LAB
Q4 25
103.4%
Q3 25
4.3%
-177.4%
Q2 25
76.3%
-153.7%
Q1 25
19.9%
-63.8%
Q4 24
273.6%
Q3 24
13.5%
-122.0%
Q2 24
-17.5%
-203.3%
Q1 24
11.5%
-70.6%
EPS (diluted)
FPI
FPI
LAB
LAB
Q4 25
$0.44
Q3 25
$0.00
$-0.09
Q2 25
$0.14
$-0.09
Q1 25
$0.03
$-0.07
Q4 24
$1.09
Q3 24
$0.02
$-0.07
Q2 24
$-0.06
$-0.12
Q1 24
$0.01
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FPI
FPI
LAB
LAB
Cash + ST InvestmentsLiquidity on hand
$129.4M
Total DebtLower is stronger
$161.6M
Stockholders' EquityBook value
$467.4M
$399.7M
Total Assets
$719.1M
$539.6M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPI
FPI
LAB
LAB
Q4 25
Q3 25
$129.4M
Q2 25
$158.6M
Q1 25
$150.9M
Q4 24
Q3 24
$210.6M
Q2 24
$269.8M
Q1 24
$287.1M
Total Debt
FPI
FPI
LAB
LAB
Q4 25
$161.6M
Q3 25
$170.4M
Q2 25
$193.4M
Q1 25
$202.6M
Q4 24
$204.6M
Q3 24
$394.0M
$55.2M
Q2 24
$393.0M
$55.1M
Q1 24
$383.0M
$55.0M
Stockholders' Equity
FPI
FPI
LAB
LAB
Q4 25
$467.4M
Q3 25
$457.3M
$399.7M
Q2 25
$473.5M
$424.5M
Q1 25
$492.2M
$454.6M
Q4 24
$494.6M
Q3 24
$519.4M
$489.3M
Q2 24
$521.5M
$510.3M
Q1 24
$526.7M
$577.3M
Total Assets
FPI
FPI
LAB
LAB
Q4 25
$719.1M
Q3 25
$738.5M
$539.6M
Q2 25
$776.7M
$557.0M
Q1 25
$810.5M
$579.6M
Q4 24
$869.6M
Q3 24
$1.0B
$681.5M
Q2 24
$1.0B
$708.7M
Q1 24
$1.0B
$777.7M
Debt / Equity
FPI
FPI
LAB
LAB
Q4 25
0.35×
Q3 25
0.37×
Q2 25
0.41×
Q1 25
0.41×
Q4 24
0.41×
Q3 24
0.76×
0.11×
Q2 24
0.75×
0.11×
Q1 24
0.73×
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FPI
FPI
LAB
LAB
Operating Cash FlowLast quarter
$17.4M
$-22.2M
Free Cash FlowOCF − Capex
$-23.1M
FCF MarginFCF / Revenue
-118.1%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$-111.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPI
FPI
LAB
LAB
Q4 25
$17.4M
Q3 25
$-2.0M
$-22.2M
Q2 25
$-2.2M
$-20.7M
Q1 25
$6.4M
$-30.3M
Q4 24
$16.1M
Q3 24
$-4.3M
$-27.9M
Q2 24
$-6.1M
$-39.0M
Q1 24
$11.9M
$-62.5M
Free Cash Flow
FPI
FPI
LAB
LAB
Q4 25
Q3 25
$-23.1M
Q2 25
$-22.6M
Q1 25
$-35.3M
Q4 24
Q3 24
$-30.1M
Q2 24
$-41.0M
Q1 24
$-63.3M
FCF Margin
FPI
FPI
LAB
LAB
Q4 25
Q3 25
-118.1%
Q2 25
-103.6%
Q1 25
-86.6%
Q4 24
Q3 24
-136.4%
Q2 24
-182.2%
Q1 24
-138.9%
Capex Intensity
FPI
FPI
LAB
LAB
Q4 25
Q3 25
4.5%
Q2 25
8.7%
Q1 25
12.4%
Q4 24
Q3 24
10.2%
Q2 24
8.6%
Q1 24
1.7%
Cash Conversion
FPI
FPI
LAB
LAB
Q4 25
0.81×
Q3 25
-4.04×
Q2 25
-0.29×
Q1 25
3.12×
Q4 24
0.27×
Q3 24
-2.39×
Q2 24
Q1 24
8.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FPI
FPI

Segment breakdown not available.

LAB
LAB

Consumables$8.7M45%
Services And Other Revenue$5.8M29%
Instruments$5.1M26%

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