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 (LH) has 18 years of Operating Expenses data on file, last reported 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.
- The five-year high for Operating Expenses was $606.6 million in Q4 2024, with the low at $463.2 million in Q3 2022.
- Average Operating Expenses over 5 years is $529.7 million, with a median of $538.6 million recorded in 2025.
- The widest YoY moves for Operating Expenses: up 71.66% in 2022, down 12.01% in 2022.
- Labcorp Holdings' Operating Expenses stood at $464.5 million in 2022, then increased by 18.67% to $551.2 million in 2023, then gained by 10.05% to $606.6 million in 2024, then fell by 11.21% to $538.6 million in 2025, then climbed by 3.49% to $557.4 million in 2026.
- Business Quant data shows LH's Operating Expenses at $557.4 million in Q1 2026, $538.6 million in Q4 2025, and $558.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Labcorp Holdings | 2.10 Bn | 1.14 Bn | 1.01 Bn | 557.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |