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
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