Diagnostics — Supplies Expense
Labcorp Holdings Diagnostics — Supplies Expense increased by 4.0% to $613.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $586.60M to $613.50M. Over 3 years (FY 2022 to FY 2025), Diagnostics — Supplies Expense shows an upward trend with a 7.2% 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 as a percentage of revenue may indicate rising input costs or supply chain inefficiencies, while a decrease suggests better procurement or economies of scale.
Detailed definition
This represents the costs associated with consumables, reagents, testing kits, and other materials required to perform d...
Peer comparison
Standard variable cost metric for laboratory and medical testing companies.
lh_segment_diagnostics_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 | $478.68M | $478.68M | $478.68M | $478.68M | $516.50M | $516.50M | $516.50M | $516.50M | $560.40M | $544.30M | $538.10M | $566.80M | $586.60M | $591.30M | $589.40M | $589.70M | $613.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +7.9% | +0.0% | +0.0% | +0.0% | +8.5% | -2.9% | -1.1% | +5.3% | +3.5% | +0.8% | -0.3% | +0.1% | +4.0% |
| YoY Change | — | — | — | — | +7.9% | +7.9% | +7.9% | +7.9% | +8.5% | +5.4% | +4.2% | +9.7% | +4.7% | +8.6% | +9.5% | +4.0% | +4.6% |
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Frequently Asked Questions
- What is Labcorp Holdings's diagnostics — supplies expense?
- Labcorp Holdings (LH) reported diagnostics — supplies expense of $613.50M in Q1 2026.
- How has Labcorp Holdings's diagnostics — supplies expense changed year-over-year?
- Labcorp Holdings's diagnostics — supplies expense increased by 4.6% year-over-year, from $586.60M to $613.50M.
- What is the long-term trend for Labcorp Holdings's diagnostics — supplies expense?
- Over 3 years (2022 to 2025), Labcorp Holdings's diagnostics — supplies expense has grown at a 7.2% compound annual growth rate (CAGR), from $1.91B to $2.36B.
- What does diagnostics — supplies expense mean?
- The cost of materials and supplies used to conduct diagnostic tests.