Labcorp Holdings (LH) Cost of Revenue (2009 - 2026)
Labcorp Holdings' (LH) quarterly Cost of Revenue came in at $2.6 billion in Q2 2026, up 5.56% year-over-year from $2.5 billion in Q2 2025, and up 3.78% quarter-over-quarter from $2.5 billion in Q1 2026.
Analysis
Labcorp Holdings (LH) Cost of Revenue (2009 - 2026) Analysis & Trends
Labcorp Holdings has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.6 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 5.56% year-over-year to $2.6 billion; the TTM figure through Jun 2026 stood at $10.2 billion (up 5.32% YoY), while the FY2025 annual figure was $9.9 billion, up 5.91% from the prior year.
- Cost of Revenue came in at $2.6 billion for Q2 2026 at Labcorp Holdings, up from $2.5 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.7 billion in Q1 2022 to a low of $2.0 billion in Q2 2022.
- Average Cost of Revenue over 5 years is $2.3 billion, with a median of $2.3 billion recorded in 2024.
- The largest YoY upside for Cost of Revenue was 549.48% in 2022 against a maximum downside of 26.02% in 2022.
- Over 5 years, Cost of Revenue stood at $2.1 billion in 2022, then gained by 3.77% to $2.2 billion in 2023, then grew by 10.0% to $2.4 billion in 2024, then gained by 3.68% to $2.5 billion in 2025, then rose by 3.83% to $2.6 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.6 billion in Q2 2026, $2.5 billion in Q1 2026, and $2.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 266.60 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 2.02 Bn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 2.62 Bn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 115.95 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 108.23 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 81.33 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 143.41 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 32.34 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 20.17 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 60.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.62 Bn |
| Mar 31, 2026 | 2.52 Bn |
| Dec 31, 2025 | 2.52 Bn |
| Sep 30, 2025 | 2.54 Bn |
| Jun 30, 2025 | 2.48 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.43 Bn |
| Sep 30, 2024 | 2.38 Bn |
| Jun 30, 2024 | 2.29 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 2.21 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 2.19 Bn |
| Mar 31, 2023 | 2.19 Bn |
| Dec 31, 2022 | 2.13 Bn |
| Sep 30, 2022 | 1.98 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 2.67 Bn |
| Dec 31, 2021 | 328.20 Mn |
| Sep 30, 2021 | 2.68 Bn |