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
DateValue
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