What is Labcorp Holdings's gross profit?

Labcorp Holdings (LH) reported gross profit of $1.01B in Q1 2026.

How has Labcorp Holdings's gross profit changed year-over-year?

Labcorp Holdings's gross profit increased by 6.9% year-over-year, from $948M to $1.01B.

What is the long-term trend for Labcorp Holdings's gross profit?

Over 4 years (2021 to 2025), Labcorp Holdings's gross profit has grown at a -5.3% compound annual growth rate (CAGR), from $4.99B to $4.01B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Labcorp Holdings LH Gross Profit

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Quest DiagnosticsDGX

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Other financials

Income statement

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Revenue$3.5B+5.8%

Operating income$380.8M+16.8%

Net income$277.8M+30.5%

EPS (diluted)$3.35+32.9%

Balance sheet

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Cash & equivalents$981.1M+166%

Total debt$7.2B+11.1%

Total equity$8.7B+5.1%

Total assets$19.1B+8.4%

Cash flow

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Operating cash flow$191.5M+935%

CapEx$121.0M-4.0%

Free cash flow$70.5M+166%

Valuation

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Market cap$22.96B+9.4%

Enterprise value$29.22B+10.7%

P/E24.4×-3.1×

P/S1.6×+0.1×

Profitability

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Gross margin28.8%+0.9pp

Operating margin10.2%+1.9pp

Net margin6.7%+1.1pp

FCF margin9.8%+1.0pp

Returns & leverage

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Return on equity11.1%+2.1pp

Debt / equity0.8×0.0×

Current ratio1.7×-0.1×

Where this comes from

Calculated from Labcorp Holdings’s reported figures.

$3.5Btotal revenue−$2.5Btotal cost of revenue=$1.01B

The official record: Labcorp Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Labcorp Holdings's gross profit?: Labcorp Holdings (LH) reported gross profit of $1.01B in Q1 2026.
How has Labcorp Holdings's gross profit changed year-over-year?: Labcorp Holdings's gross profit increased by 6.9% year-over-year, from $948M to $1.01B.
What is the long-term trend for Labcorp Holdings's gross profit?: Over 4 years (2021 to 2025), Labcorp Holdings's gross profit has grown at a -5.3% compound annual growth rate (CAGR), from $4.99B to $4.01B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.