Quest Diagnostics (DGX) Cost of Revenue (2009 - 2026)
Quest Diagnostics' Cost of Revenue was $2.02 billion in Q2 2026, up 10.9% from $1.82 billion a year earlier and up 3.2% from the prior quarter.
Quest Diagnostics (DGX) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Quest Diagnostics' Cost of Revenue was $7.73 billion through Jun 30, 2026, up 9.7% year-over-year; for FY2025, it came in at $7.37 billion, up 11.2% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $6.63 billion in FY2024 (+6.9%), $6.2 billion in FY2023 (-3.9%), $6.45 billion in FY2022 (-2.0%) and $6.58 billion in FY2021 (+13.4%).
- The Q2 2026 figure marks the highest quarterly Cost of Revenue in data going back to Q1 2009.
- Compared with a year earlier, Cost of Revenue has increased for ten straight quarters, with growth averaging 11.0% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2025 (growth of 14.1%); the worst was Q4 2022 (a decline of 8.3%).
- Per Business Quant data, DGX's Cost of Revenue in the three quarters before Q2 2026 was $1.95 billion (Q1 2026), $1.9 billion (Q4 2025) and $1.87 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.14 Bn | 99.15 Bn | - | - |
| 2 | Natera | 57.36 Bn | 53.04 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Labcorp Holdings | 25.99 Bn | 23.74 Bn | 1.11 Bn | 2.62 Bn |
| 4 | Quest Diagnostics | 25.98 Bn | 24.10 Bn | 1.03 Bn | 2.02 Bn |
| 5 | Tenet Healthcare | 22.72 Bn | 11.73 Bn | - | - |
| 6 | Guardant Health | 21.80 Bn | 17.86 Bn | 219.03 Mn | 115.95 Mn |
| 7 | BrightSpring Health Services | 13.00 Bn | 11.33 Bn | 492.75 Mn | 271.40 Mn |
| 8 | Tempus AI | 12.51 Bn | 9.54 Bn | 246.50 Mn | 135.99 Mn |
| 9 | Fresenius Medical Care AG | 12.44 Bn | 4.39 Bn | 1.52 Bn | 4.13 Bn |
| 10 | Encompass Health | 12.42 Bn | 12.08 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.02 Bn |
| Mar 31, 2026 | 1.95 Bn |
| Dec 31, 2025 | 1.90 Bn |
| Sep 30, 2025 | 1.87 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 1.76 Bn |
| Sep 30, 2024 | 1.68 Bn |
| Jun 30, 2024 | 1.59 Bn |
| Mar 31, 2024 | 1.60 Bn |
| Dec 31, 2023 | 1.55 Bn |
| Sep 30, 2023 | 1.54 Bn |
| Jun 30, 2023 | 1.55 Bn |
| Mar 31, 2023 | 1.56 Bn |
| Dec 31, 2022 | 1.58 Bn |
| Sep 30, 2022 | 1.62 Bn |
| Jun 30, 2022 | 1.61 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.72 Bn |
| Sep 30, 2021 | 1.67 Bn |
Quest Diagnostics Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();