Revenue

Total Revenue

Labcorp Holdings Total Revenue increased by 0.6% to $3.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $3.35B to $3.54B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows relatively stable performance with a 1.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.

Detailed definition

Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...

Peer comparison

Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.

Metric ID: total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.84B$4.06B$1.07B$3.90B$2.92B$2.87B$2.93B$3.04B$3.03B$3.06B$3.03B$3.18B$3.22B$3.28B$3.33B$3.35B$3.53B$3.56B$3.52B$3.54B
QoQ Change+5.8%-73.6%+264.0%-25.0%-1.9%+2.2%+3.7%-0.1%+0.8%-0.8%+4.7%+1.4%+1.9%+1.4%+0.5%+5.4%+1.0%-1.3%+0.6%
YoY Change-23.9%-29.4%+173.5%-22.1%+3.8%+6.6%+3.5%+4.6%+6.2%+7.4%+9.8%+5.3%+9.5%+8.6%+5.6%+5.8%
Range$1.07B$4.06B
CAGR-1.7%
Avg YoY Growth+10.9%
Median YoY Growth+5.7%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Diagnostics$2.52B$2.55B$2.59B$2.63B$2.75B$2.77B$2.73B$2.76B
Biopharma Laboratory Services$721.30M$784.80M$799.10M$793.00M$780.60M
Covance Drug Development$707.00M$737.70M
Drug Development$707.00M$737.70M
Total$3.22B$3.28B$3.33B$3.35B$3.53B$3.56B$3.52B$3.54B

Covance Drug Development, Drug Development were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Labcorp Holdings's total revenue?
Labcorp Holdings (LH) reported total revenue of $3.54B in Q1 2026.
How has Labcorp Holdings's total revenue changed year-over-year?
Labcorp Holdings's total revenue increased by 5.8% year-over-year, from $3.35B to $3.54B.
What is the long-term trend for Labcorp Holdings's total revenue?
Over 4 years (2021 to 2025), Labcorp Holdings's total revenue has grown at a 1.5% compound annual growth rate (CAGR), from $13.14B to $13.95B.
What does total revenue mean?
The total amount of money a company brings in from its primary business activities before any expenses.