Income StatementBalance SheetCash FlowSegments
Quest Diagnostics logo

Quest Diagnostics Income Statement

Revenue, expenses, and profitability over time

Quest Diagnostics generated $11.3B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $1.0B with a 9.08% net margin. Gross margin stands at 33.2% and operating margin at 14.27%. Diluted EPS is $9.05, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$11.3BGross Profit (TTM)$3.7BOperating Income (TTM)$1.6BNet Income (TTM)$1.0BEps Diluted (TTM)$9.05
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$21.0B
P/E Ratio20.52
ROE14.33%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$65.0M-$67.0M-$67.0M-$66.0M-$64.0M-$63.0M
Interest Income (Expense), Non-operating-$65.0M-$67.0M-$67.0M-$66.0M-$64.0M-$63.0M
Income from equity method investments$5.0M$18.0M$9.0M$8.0M$7.0M$4.0M
Other Charges$3.0M-$3.0M$13.0M$8.0M$8.0M-$2.0M
Interest expense-$65.0M-$67.0M-$67.0M-$66.0M-$64.0M-$63.0M
Interest Income (Expense), Nonoperating-$65.0M-$67.0M-$67.0M-$66.0M-$64.0M-$63.0M
Other income (expense), net-$62.0M-$70.0M-$54.0M-$58.0M-$56.0M-$65.0M
Non-operating Interest Income (Expense)-$65.0M-$67.0M-$67.0M-$66.0M-$64.0M-$63.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Amortization of Finite-Lived Intangible Assets$37.0M$39.0M$39.0M$39.0M$37.0M$37.0M
Amortization expense$37.0M$39.0M$39.0M$39.0M$37.0M$37.0M
Depreciation and amortization$37.0M$39.0M$39.0M$39.0M$37.0M$37.0M
Other operating income (expense), net—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Other operating expenses—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Selling, general and administrative$466.0M$476.0M$486.0M$501.0M$504.0M$504.0M
Total operating expenses$2.3B$2.3B$2.3B$2.4B$2.4B$2.5B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Other operating income (expense), net—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Gross profit$858.0M$863.0M$943.0M$949.0M$910.0M$942.0M
Operating income$361.0M$346.0M$438.0M$386.0M$386.0M$399.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.98$1.97$2.51$2.18$2.21$2.27
Diluted earnings per share$1.95$1.94$2.47$2.16$2.18$2.24
Weighted-average shares, basic—111M112M112M—110M
Weighted-average shares, diluted—113M113M113M—112M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$299.0M$276.0M$384.0M$328.0M$330.0M$334.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$68.0M$59.0M$97.0M$77.0M$81.0M$74.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$222.0M$220.0M$282.0M$245.0M$245.0M$252.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of capitalized software and acquired intangible assets$37.0M$39.0M$39.0M$39.0M$37.0M$37.0M
Other income, net (Note 6)$3.0M-$3.0M$13.0M$8.0M$8.0M-$2.0M
Other income, net—-$2.0M$20.0M-$23.0M$17.0M-$2.0M
Revenue From Contract With Customer Excluding Assessed Tax$2.6B$2.7B$2.8B$2.8B$2.8B$2.9B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.8B$1.8B$1.8B$1.9B$1.9B$2.0B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$2.6B$2.7B$2.8B$2.8B$2.8B$2.9B