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

Labcorp Holdings' (LH) quarterly Operating Expenses came in at $557.4 million in Q1 2026, up 0.91% year-on-year from $552.4 million in Q1 2025, and up 3.49% quarter-over-quarter from $538.6 million in Q4 2025.

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

Labcorp Holdings has disclosed Operating Expenses across 18 years of filings, most recently posting $557.4 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $557.4 million, up 0.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (down 3.34% YoY), and the FY2025 annual result was $2.2 billion, down 2.62% from the prior year.
  • Operating Expenses came in at $557.4 million for Q1 2026 at Labcorp Holdings, up from $538.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $606.6 million in Q4 2024 to a low of $463.2 million in Q3 2022.
  • The 5-year median for Operating Expenses is $538.6 million (2025), against an average of $529.7 million.
  • Peak annual rise in Operating Expenses reached 71.66% in 2022, while the deepest fall reached 12.01% in 2022.
  • Labcorp Holdings' Operating Expenses stood at $464.5 million in 2022, then advanced by 18.67% to $551.2 million in 2023, then grew by 10.05% to $606.6 million in 2024, then slipped by 11.21% to $538.6 million in 2025, then rose by 3.49% to $557.4 million in 2026.
  • The last three Operating Expenses figures came in at $557.4 million (Q1 2026), $538.6 million (Q4 2025), and $558.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 9.14 Bn
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 360.15 Mn
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 1.44 Bn
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 790.16 Mn
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 553.00 Mn
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 316.87 Mn
10 Labcorp Holdings 22.31 Bn 21.34 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