Labcorp Holdings (LH) Cost of Revenue (2009 - 2026)
Labcorp Holdings (LH) posted Cost of Revenue of $2.5 billion for Q1 2026, little changed sequentially from $2.5 billion in Q4 2025, and up 5.29% YoY from $2.4 billion in Q1 2025.
Labcorp Holdings (LH) Cost of Revenue (2009 - 2026) Analysis & Trends
Labcorp Holdings has reported Cost of Revenue for 18 years, with the latest figure at $2.5 billion in Q1 2026.
- Quarterly Cost of Revenue rose 5.29% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.1 billion (up 5.93% YoY) and the FY2025 annual result came in at $9.9 billion, up 5.91% from the prior year.
- Cost of Revenue held at $2.5 billion in Q1 2026 per LH's latest filing, from $2.5 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.7 billion in Q1 2022 and troughed at $2.0 billion in Q2 2022.
- A 5-year average of $2.3 billion and a median of $2.3 billion in 2024 frame the typical range for Cost of Revenue.
- The widest YoY moves for Cost of Revenue: up 549.48% in 2022, down 26.02% in 2022.
- Over 5 years, Cost of Revenue stood at $2.1 billion in 2022, then climbed by 3.77% to $2.2 billion in 2023, then rose by 10.0% to $2.4 billion in 2024, then climbed by 3.68% to $2.5 billion in 2025, then gained by 0.05% to $2.5 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.5 billion, $2.5 billion, and $2.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.98 Bn | 209.91 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 140.49 Bn | 136.14 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Idexx Laboratories | 46.39 Bn | 46.19 Bn | 779.09 Mn | 437.50 Mn |
| 4 | Agilent Technologies | 39.72 Bn | 37.91 Bn | 990.00 Mn | 845.00 Mn |
| 5 | Iqvia Holdings | 39.38 Bn | 37.30 Bn | 1.44 Bn | 2.93 Bn |
| 6 | Natera | 38.92 Bn | 37.82 Bn | 696.04 Mn | 608,000.00 |
| 7 | Illumina | 30.08 Bn | 28.91 Bn | 770.00 Mn | 389.00 Mn |
| 8 | Mettler Toledo International | 28.65 Bn | 28.60 Bn | 650.22 Mn | 253.28 Mn |
| 9 | Quest Diagnostics | 26.23 Bn | 25.60 Bn | 1.03 Bn | 2.02 Bn |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 2.52 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.52 Bn |
| Mar 31, 2026 | 2.52 Bn |
| Dec 31, 2025 | 2.52 Bn |
| Dec 31, 2025 | 2.52 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Jun 30, 2025 | 2.48 Bn |
| Jun 30, 2025 | 2.48 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.43 Bn |
| Dec 31, 2024 | 2.43 Bn |
| Sep 30, 2024 | 2.38 Bn |
| Sep 30, 2024 | 2.38 Bn |
| Jun 30, 2024 | 2.29 Bn |
| Jun 30, 2024 | 2.29 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 2.21 Bn |
| Dec 31, 2023 | 2.21 Bn |