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
DateValue
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%