Quest Diagnostics Physician lab services — Total net revenues, percent remained flat by 0.0% to 17.8% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from 17.0% to 17.8%. Over 4 years (FY 2021 to FY 2025), Physician lab services — Total net revenues, percent shows relatively stable performance with a 0.7% CAGR.
An increase indicates a growing reliance on or market share expansion within the physician-referred diagnostic testing market, while a decrease suggests diversification into other segments like hospital services or clinical trials.
This metric represents the proportion of total corporate net revenue generated specifically by the physician laboratory...
Peers in the diagnostic and laboratory services industry typically report revenue mix by customer channel, allowing for comparison of exposure to physician-led versus hospital-led testing volumes.
dgx_segment_physician_lab_services_total_net_revenues_percent| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 69% | 68% | 66% | 68% | 71% |
| YoY Change | — | -1.4% | -2.9% | +3.0% | +4.4% |