What is Labcorp Holdings's operating income?

Labcorp Holdings (LH) reported operating income of $380.8M in Q1 2026.

How has Labcorp Holdings's operating income changed year-over-year?

Labcorp Holdings's operating income increased by 16.8% year-over-year, from $326M to $380.8M.

What is the long-term trend for Labcorp Holdings's operating income?

Over 3 years (2021 to 2025), Labcorp Holdings's operating income has grown at a -23.1% compound annual growth rate (CAGR), from $3.05B to $1.38B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Labcorp Holdings LH Operating Income

Operating Income at other companies

Myriad GeneticsMYGN

-$30.7M-5.9%

AzentaAZTA

-$165.79M-811%

Quest DiagnosticsDGX

$399M+15.3%

NeoGenomicsNEO

-$18.24M+34.4%

Charles River LaboratoriesCRL

$119.9M+60.6%

Exagen Inc.XGN

-$3.41M-1.5%

Segments

By segment

See full

Diagnostics$458.7M+7.3%

Biopharma Laboratory Services$120.7M+12.9%

Corporate Segment-$116.6M+11.9%

Other financials

Income statement

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Revenue$3.5B+5.8%

Gross profit$1.0B+6.9%

Net income$277.8M+30.5%

EPS (diluted)$3.35+32.9%

Balance sheet

See full

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

See full

Gross margin28.8%+0.9pp

Operating margin10.2%+1.9pp

Net margin6.7%+1.1pp

FCF margin9.8%+1.0pp

Returns & leverage

See full

Return on equity11.1%+2.1pp

Debt / equity0.8×0.0×

Current ratio1.7×-0.1×

Where this comes from

Reported directly by Labcorp Holdings in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 operating income?: Labcorp Holdings (LH) reported operating income of $380.8M in Q1 2026.
How has Labcorp Holdings's operating income changed year-over-year?: Labcorp Holdings's operating income increased by 16.8% year-over-year, from $326M to $380.8M.
What is the long-term trend for Labcorp Holdings's operating income?: Over 3 years (2021 to 2025), Labcorp Holdings's operating income has grown at a -23.1% compound annual growth rate (CAGR), from $3.05B to $1.38B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.