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Side-by-side financial comparison of STANDARD BIOTOOLS INC. (LAB) and TPG Mortgage Investment Trust, Inc. (MITT). Click either name above to swap in a different company.

TPG Mortgage Investment Trust, Inc. is the larger business by last-quarter revenue ($20.4M vs $19.6M, roughly 1.0× STANDARD BIOTOOLS INC.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs -177.4%, a 242.4% gap on every dollar of revenue. On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs -11.5%). Over the past eight quarters, TPG Mortgage Investment Trust, Inc.'s revenue compounded faster (9.1% CAGR vs -12.2%).

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.

TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.

LAB vs MITT — Head-to-Head

Bigger by revenue
MITT
MITT
1.0× larger
MITT
$20.4M
$19.6M
LAB
Growing faster (revenue YoY)
MITT
MITT
+29.1% gap
MITT
17.7%
-11.5%
LAB
Higher net margin
MITT
MITT
242.4% more per $
MITT
65.0%
-177.4%
LAB
Faster 2-yr revenue CAGR
MITT
MITT
Annualised
MITT
9.1%
-12.2%
LAB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LAB
LAB
MITT
MITT
Revenue
$19.6M
$20.4M
Net Profit
$-34.7M
$13.3M
Gross Margin
48.5%
Operating Margin
-168.5%
67.1%
Net Margin
-177.4%
65.0%
Revenue YoY
-11.5%
17.7%
Net Profit YoY
-28.8%
-7.0%
EPS (diluted)
$-0.09
$0.27

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
LAB
LAB
MITT
MITT
Q4 25
$20.4M
Q3 25
$19.6M
$19.5M
Q2 25
$21.8M
$17.8M
Q1 25
$40.8M
$18.8M
Q4 24
$17.4M
Q3 24
$22.1M
$14.9M
Q2 24
$22.5M
$16.4M
Q1 24
$45.5M
$17.2M
Net Profit
LAB
LAB
MITT
MITT
Q4 25
$13.3M
Q3 25
$-34.7M
$20.0M
Q2 25
$-33.5M
$3.9M
Q1 25
$-26.0M
$11.5M
Q4 24
$14.3M
Q3 24
$-26.9M
$16.6M
Q2 24
$-45.7M
$3.9M
Q1 24
$-32.2M
$20.9M
Gross Margin
LAB
LAB
MITT
MITT
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
LAB
LAB
MITT
MITT
Q4 25
67.1%
Q3 25
-168.5%
Q2 25
-118.1%
20.9%
Q1 25
-80.8%
54.6%
Q4 24
76.7%
Q3 24
-120.9%
Q2 24
-134.5%
18.4%
Q1 24
-132.2%
Net Margin
LAB
LAB
MITT
MITT
Q4 25
65.0%
Q3 25
-177.4%
102.5%
Q2 25
-153.7%
22.2%
Q1 25
-63.8%
60.9%
Q4 24
82.2%
Q3 24
-122.0%
111.3%
Q2 24
-203.3%
24.0%
Q1 24
-70.6%
121.6%
EPS (diluted)
LAB
LAB
MITT
MITT
Q4 25
$0.27
Q3 25
$-0.09
$0.47
Q2 25
$-0.09
$-0.05
Q1 25
$-0.07
$0.21
Q4 24
$0.30
Q3 24
$-0.07
$0.40
Q2 24
$-0.12
$-0.02
Q1 24
$-0.27
$0.55

Balance Sheet & Financial Strength

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

Metric
LAB
LAB
MITT
MITT
Cash + ST InvestmentsLiquidity on hand
$129.4M
$57.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$399.7M
$560.7M
Total Assets
$539.6M
$8.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAB
LAB
MITT
MITT
Q4 25
$57.8M
Q3 25
$129.4M
$59.0M
Q2 25
$158.6M
$88.7M
Q1 25
$150.9M
$115.5M
Q4 24
$118.7M
Q3 24
$210.6M
$102.5M
Q2 24
$269.8M
$120.9M
Q1 24
$287.1M
$100.3M
Total Debt
LAB
LAB
MITT
MITT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$55.2M
Q2 24
$55.1M
Q1 24
$55.0M
Stockholders' Equity
LAB
LAB
MITT
MITT
Q4 25
$560.7M
Q3 25
$399.7M
$559.8M
Q2 25
$424.5M
$536.4M
Q1 25
$454.6M
$543.9M
Q4 24
$543.4M
Q3 24
$489.3M
$540.1M
Q2 24
$510.3M
$533.5M
Q1 24
$577.3M
$539.6M
Total Assets
LAB
LAB
MITT
MITT
Q4 25
$8.7B
Q3 25
$539.6M
$9.0B
Q2 25
$557.0M
$7.5B
Q1 25
$579.6M
$7.3B
Q4 24
$6.9B
Q3 24
$681.5M
$7.0B
Q2 24
$708.7M
$7.1B
Q1 24
$777.7M
$6.4B
Debt / Equity
LAB
LAB
MITT
MITT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.11×
Q2 24
0.11×
Q1 24
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
LAB
LAB
MITT
MITT
Operating Cash FlowLast quarter
$-22.2M
$59.6M
Free Cash FlowOCF − Capex
$-23.1M
FCF MarginFCF / Revenue
-118.1%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
4.48×
TTM Free Cash FlowTrailing 4 quarters
$-111.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAB
LAB
MITT
MITT
Q4 25
$59.6M
Q3 25
$-22.2M
$17.4M
Q2 25
$-20.7M
$11.5M
Q1 25
$-30.3M
$12.0M
Q4 24
$55.8M
Q3 24
$-27.9M
$14.5M
Q2 24
$-39.0M
$13.7M
Q1 24
$-62.5M
$12.0M
Free Cash Flow
LAB
LAB
MITT
MITT
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
LAB
LAB
MITT
MITT
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
LAB
LAB
MITT
MITT
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
LAB
LAB
MITT
MITT
Q4 25
4.48×
Q3 25
0.87×
Q2 25
2.92×
Q1 25
1.05×
Q4 24
3.91×
Q3 24
0.87×
Q2 24
3.50×
Q1 24
0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LAB
LAB

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

MITT
MITT

Segment breakdown not available.

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