Labcorp

LabcorpLHEarnings & Financial Report

NYSE · Health Care · Health Care Services

Labcorp is a leading global life sciences and diagnostic testing firm that offers comprehensive clinical laboratory services, drug development support, and medical testing solutions for healthcare providers, pharmaceutical companies, and individual patients. It uses advanced scientific expertise and innovative technologies to deliver accurate, actionable health insights that support clinical decisions, accelerate new treatment development, and improve patient health outcomes globally.

LH Q4 FY2025 Key Financial Metrics

Revenue

$3.5B

Gross Profit

$993.2M

Operating Profit

$267.6M

Net Profit

$164.7M

Gross Margin

28.2%

Operating Margin

7.6%

Net Margin

4.7%

YoY Growth

5.6%

EPS

$1.98

Labcorp Q4 FY2025 Financial Summary

Labcorp reported revenue of $3.5B (up 5.6% YoY) for Q4 FY2025, with a net profit of $164.7M (up 14.9% YoY) (4.7% margin). Cost of goods sold was $2.5B, operating expenses totaled $725.6M.

Key Financial Metrics

Total Revenue$3.5B
Net Profit$164.7M
Gross Margin28.2%
Operating Margin7.6%
Report PeriodQ4 FY2025

Revenue Breakdown

Labcorp Q4 FY2025 revenue of $3.5B breaks down across 2 segments, led by Diagnostics at $2.7B (77.6% of total).

SegmentRevenue% of Total
Diagnostics$2.7B77.6%
Biopharma Laboratory Services$793.0M22.6%

Labcorp Revenue by Segment — Quarterly Trend

Labcorp revenue by segment across the last 4 reported quarters, showing how each business line (such as Diagnostics and Biopharma Laboratory Services) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Diagnostics$2.7B$2.8B$2.7B$2.6B
Biopharma Laboratory Services$793.0M$799.1M$784.8M$721.3M

Labcorp Annual Revenue by Year

Labcorp annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.0B).

YearAnnual Revenue
2025$14.0Bvs 2024
2024$13.0Bvs 2023
2023$12.2Bvs 2022
2022$14.9B

Labcorp Quarterly Revenue & Net Profit History

Labcorp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$3.5B+5.6%$164.7M4.7%
Q3 FY2025$3.6B+8.6%$261.1M7.3%
Q2 FY2025$3.5B+9.5%$237.9M6.7%
Q1 FY2025$3.3B+5.3%$212.8M6.4%
Q4 FY2024$3.3B+45.2%$143.4M4.3%
Q3 FY2024$3.3B+7.4%$169.3M5.2%
Q2 FY2024$3.2B+6.2%$205.3M6.4%
Q1 FY2024$3.2B-15.9%$228.0M7.2%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$3.18B$3.22B$3.28B$3.33B$3.35B$3.53B$3.56B$3.52B
YoY Growth-15.9%6.2%7.4%45.2%5.3%9.5%8.6%5.6%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$16.53B$16.71B$18.61B$18.38B$17.60B$18.06B$18.26B$18.39B
Liabilities$8.56B$8.69B$10.43B$10.31B$9.28B$9.57B$9.55B$9.76B
Equity$7.96B$8.01B$8.17B$8.05B$8.31B$8.47B$8.70B$8.62B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-29.8M$561.1M$277.3M$777.2M$18.5M$620.6M$387.2M$614.2M