Quest Diagnostics (DGX) Gross Margin (2009 - 2026)
Quest Diagnostics (DGX) posted Gross Margin of 33.75% for Q2 2026, up 3.72% sequentially from 32.54% in Q1 2026, and down 40.0% YoY from 56.25% in Q2 2025.
Quest Diagnostics (DGX) Gross Margin (2009 - 2026) Analysis & Trends
Quest Diagnostics has reported Gross Margin for 18 years, with the latest figure at 33.75% in Q2 2026.
- Quarterly Gross Margin fell 40.0% year-over-year to 33.75% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 33.11% (up 9.0% YoY) and the FY2025 annual result came in at 33.21%, up 35.0% from the prior year.
- Gross Margin advanced to 33.75% in Q2 2026 per DGX's latest filing, from 32.54% in the prior quarter.
- Over five years, Gross Margin peaked at 36.96% in Q1 2022 and troughed at 32.17% in Q4 2023.
- A 5-year average of 33.4% and a median of 32.96% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin sank 490 bps in 2022, then surged 110 bps in 2025.
- Over 5 years, Gross Margin stood at 32.49% in 2022, then fell by 1 bps to 32.17% in 2023, then gained by 2 bps to 32.74% in 2024, then dropped by 1 bps to 32.43% in 2025, then advanced by 4 bps to 33.75% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 33.75%, 32.54%, and 32.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.40 Bn | 209.33 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 139.94 Bn | 135.59 Bn | 3.61 Bn | 57.64% |
| 3 | Idexx Laboratories | 46.03 Bn | 45.83 Bn | 779.09 Mn | 64.04% |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 39.32 Bn | 37.24 Bn | 1.44 Bn | 32.85% |
| 6 | Natera | 38.47 Bn | 37.37 Bn | 696.04 Mn | 99.91% |
| 7 | Illumina | 29.98 Bn | 28.82 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.57 Bn | 28.52 Bn | 650.22 Mn | 63.29% |
| 9 | Quest Diagnostics | 26.21 Bn | 25.58 Bn | 1.03 Bn | 33.75% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 28.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.75% |
| Mar 31, 2026 | 32.54% |
| Dec 31, 2025 | 32.43% |
| Sep 30, 2025 | 33.70% |
| Jun 30, 2025 | 34.15% |
| Mar 31, 2025 | 32.54% |
| Dec 31, 2024 | 32.74% |
| Sep 30, 2024 | 32.60% |
| Jun 30, 2024 | 33.54% |
| Mar 31, 2024 | 32.59% |
| Dec 31, 2023 | 32.17% |
| Sep 30, 2023 | 32.85% |
| Jun 30, 2023 | 33.88% |
| Mar 31, 2023 | 33.08% |
| Dec 31, 2022 | 32.49% |
| Sep 30, 2022 | 34.92% |
| Jun 30, 2022 | 34.33% |
| Mar 31, 2022 | 36.96% |
| Dec 31, 2021 | 37.39% |
| Sep 30, 2021 | 39.80% |