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| 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 |