Discontinued — last reported Q3 '22

Products & Services · Net revenues

Gene-based and esoteric testing services — Net revenues

Quest Diagnostics Gene-based and esoteric testing services — Net revenues increased by 6.1% to $835.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 29.3%, from $646.00M to $835.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2022
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful expansion into high-value diagnostic markets and growing adoption of precision medicine, while a decrease may signal increased competition in specialized testing or shifts in healthcare reimbursement policies.

Detailed definition

This metric represents the total net revenue generated from specialized diagnostic testing services, including molecular...

Peer comparison

Peers in the diagnostic and laboratory services industry report similar revenue streams under categories like 'Specialty Testing' or 'Molecular Diagnostics,' which are generally tracked to measure innovation and high-margin service growth.

Metric ID: dgx_segment_gene_based_and_esoteric_testing_services_net_revenues

Historical Data

6 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22
Value$673.00M$646.00M$906.00M$739.00M$787.00M$835.00M
QoQ Change-4.0%+40.2%-18.4%+6.5%+6.1%
YoY Change+16.9%+29.3%
Range$646.00M$906.00M
CAGR+18.8%
Avg YoY Growth+23.1%
Median YoY Growth+23.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Quest Diagnostics's gene-based and esoteric testing services — net revenues?
Quest Diagnostics (DGX) reported gene-based and esoteric testing services — net revenues of $835.00M in Q3 2022.
How has Quest Diagnostics's gene-based and esoteric testing services — net revenues changed year-over-year?
Quest Diagnostics's gene-based and esoteric testing services — net revenues increased by 29.3% year-over-year, from $646.00M to $835.00M.
What does gene-based and esoteric testing services — net revenues mean?
Revenue generated from high-complexity, specialized genetic and molecular diagnostic tests.