Labcorp Holdings (LH) Operating Expenses (2009 - 2026)

Labcorp Holdings (LH) posted Operating Expenses of $557.4 million for Q1 2026, up 3.49% sequentially from $538.6 million in Q4 2025, and up 0.91% YoY from $552.4 million in Q1 2025.

Labcorp Holdings (LH) Operating Expenses (2009 - 2026) Analysis & Trends

Labcorp Holdings has reported Operating Expenses for 18 years, with the latest figure at $557.4 million in Q1 2026.

  • Quarterly Operating Expenses rose 0.91% year-over-year to $557.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 billion (down 3.34% YoY) and the FY2025 annual result came in at $2.2 billion, down 2.62% from the prior year.
  • Operating Expenses grew to $557.4 million in Q1 2026 per LH's latest filing, from $538.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $606.6 million in Q4 2024 and troughed at $463.2 million in Q3 2022.
  • A 5-year average of $529.7 million and a median of $538.6 million in 2025 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 71.66% in 2022, down 12.01% in 2022.
  • Over 5 years, Operating Expenses stood at $464.5 million in 2022, then grew by 18.67% to $551.2 million in 2023, then rose by 10.05% to $606.6 million in 2024, then declined by 11.21% to $538.6 million in 2025, then advanced by 3.49% to $557.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $557.4 million, $538.6 million, and $558.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 213.86 Bn 209.80 Bn 8.34 Bn 9.91 Bn
2 Danaher 140.41 Bn 136.07 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.33 Bn 46.13 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.71 Bn 37.90 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.35 Bn 37.27 Bn 1.44 Bn 637.00 Mn
6 Natera 38.97 Bn 37.87 Bn 696.04 Mn 790.16 Mn
7 Illumina 30.09 Bn 28.92 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.70 Bn 28.65 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.19 Bn 25.56 Bn 1.03 Bn 2.58 Bn
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn 557.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 557.40 Mn
Dec 31, 2025 538.60 Mn
Sep 30, 2025 558.30 Mn
Jun 30, 2025 583.40 Mn
Mar 31, 2025 552.40 Mn
Dec 31, 2024 606.60 Mn
Sep 30, 2024 586.60 Mn
Jun 30, 2024 569.40 Mn
Mar 31, 2024 513.40 Mn
Dec 31, 2023 551.20 Mn
Sep 30, 2023 533.00 Mn
Jun 30, 2023 521.60 Mn
Mar 31, 2023 464.70 Mn
Dec 31, 2022 464.50 Mn
Sep 30, 2022 463.20 Mn
Jun 30, 2022 463.90 Mn
Mar 31, 2022 476.70 Mn
Dec 31, 2021 270.60 Mn
Sep 30, 2021 526.40 Mn
Jun 30, 2021 468.30 Mn