Biopharma Laboratory Services — Supplies Expense
Labcorp Holdings Biopharma Laboratory Services — Supplies Expense increased by 3.8% to $121.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $111.10M to $121.50M. Over 3 years (FY 2022 to FY 2025), Biopharma Laboratory Services — Supplies Expense shows relatively stable performance with a 1.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in supplies expense relative to revenue may signal rising material costs or lower operational efficiency in testing.
Detailed definition
This represents the costs of materials, reagents, and other consumables required to perform laboratory tests and service...
Peer comparison
Common variable cost metric for clinical and diagnostic laboratory businesses.
lh_segment_biopharma_laboratory_services_supplies_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $115.15M | $115.15M | $115.15M | $115.15M | $113.05M | $113.05M | $113.05M | $113.05M | $103.50M | $106.70M | $109.50M | $122.20M | $111.10M | $130.80M | $119.50M | $117.10M | $121.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -1.8% | +0.0% | +0.0% | +0.0% | -8.4% | +3.1% | +2.6% | +11.6% | -9.1% | +17.7% | -8.6% | -2.0% | +3.8% |
| YoY Change | — | — | — | — | -1.8% | -1.8% | -1.8% | -1.8% | -8.4% | -5.6% | -3.1% | +8.1% | +7.3% | +22.6% | +9.1% | -4.2% | +9.4% |
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Frequently Asked Questions
- What is Labcorp Holdings's biopharma laboratory services — supplies expense?
- Labcorp Holdings (LH) reported biopharma laboratory services — supplies expense of $121.50M in Q1 2026.
- How has Labcorp Holdings's biopharma laboratory services — supplies expense changed year-over-year?
- Labcorp Holdings's biopharma laboratory services — supplies expense increased by 9.4% year-over-year, from $111.10M to $121.50M.
- What is the long-term trend for Labcorp Holdings's biopharma laboratory services — supplies expense?
- Over 3 years (2022 to 2025), Labcorp Holdings's biopharma laboratory services — supplies expense has grown at a 1.3% compound annual growth rate (CAGR), from $460.60M to $478.50M.
- What does biopharma laboratory services — supplies expense mean?
- The cost of materials and supplies used to conduct laboratory tests in this segment.