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Side-by-side financial comparison of Quest Diagnostics (DGX) and Synopsys (SNPS). Click either name above to swap in a different company.

Quest Diagnostics is the larger business by last-quarter revenue ($2.9B vs $2.4B, roughly 1.2× Synopsys). Quest Diagnostics runs the higher net margin — 9.7% vs 2.7%, a 7.0% gap on every dollar of revenue. On growth, Quest Diagnostics posted the faster year-over-year revenue change (9.2% vs -2.2%). Over the past eight quarters, Synopsys's revenue compounded faster (28.7% CAGR vs 9.9%).

Quest Diagnostics Incorporated is an American clinical laboratory. A Fortune 500 company, Quest operates in the United States, Puerto Rico, Mexico, and Brazil. Quest also maintains collaborative agreements with various hospitals and clinics across the globe.

Synopsys, Inc. is an American multinational electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on design and verification of silicon chips, electronic system-level design and verification, and reusable components. Synopsys supplies tools and services to the semiconductor design and manufacturing industry.

DGX vs SNPS — Head-to-Head

Bigger by revenue
DGX
DGX
1.2× larger
DGX
$2.9B
$2.4B
SNPS
Growing faster (revenue YoY)
DGX
DGX
+11.4% gap
DGX
9.2%
-2.2%
SNPS
Higher net margin
DGX
DGX
7.0% more per $
DGX
9.7%
2.7%
SNPS
Faster 2-yr revenue CAGR
SNPS
SNPS
Annualised
SNPS
28.7%
9.9%
DGX

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
DGX
DGX
SNPS
SNPS
Revenue
$2.9B
$2.4B
Net Profit
$281.0M
$64.7M
Gross Margin
73.5%
Operating Margin
15.4%
8.4%
Net Margin
9.7%
2.7%
Revenue YoY
9.2%
-2.2%
Net Profit YoY
12.0%
-78.2%
EPS (diluted)
$2.24
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DGX
DGX
SNPS
SNPS
Q4 26
$2.4B
Q1 26
$2.9B
Q4 25
$2.8B
$2.3B
Q3 25
$2.8B
$1.7B
Q2 25
$2.8B
$1.6B
Q1 25
$2.7B
$1.5B
Q4 24
$2.6B
$1.5B
Q3 24
$2.5B
$1.5B
Net Profit
DGX
DGX
SNPS
SNPS
Q4 26
$64.7M
Q1 26
$281.0M
Q4 25
$245.0M
$448.7M
Q3 25
$245.0M
$242.5M
Q2 25
$282.0M
$345.3M
Q1 25
$220.0M
$295.7M
Q4 24
$222.0M
$1.1B
Q3 24
$226.0M
$408.1M
Gross Margin
DGX
DGX
SNPS
SNPS
Q4 26
73.5%
Q1 26
Q4 25
32.4%
71.0%
Q3 25
33.7%
78.1%
Q2 25
34.2%
80.2%
Q1 25
32.5%
81.4%
Q4 24
32.7%
78.3%
Q3 24
32.6%
80.9%
Operating Margin
DGX
DGX
SNPS
SNPS
Q4 26
8.4%
Q1 26
15.4%
Q4 25
13.8%
5.4%
Q3 25
13.7%
9.5%
Q2 25
15.9%
23.5%
Q1 25
13.0%
17.3%
Q4 24
13.8%
20.3%
Q3 24
13.3%
23.6%
Net Margin
DGX
DGX
SNPS
SNPS
Q4 26
2.7%
Q1 26
9.7%
Q4 25
8.7%
19.9%
Q3 25
8.7%
13.9%
Q2 25
10.2%
21.5%
Q1 25
8.3%
20.3%
Q4 24
8.5%
74.4%
Q3 24
9.1%
26.7%
EPS (diluted)
DGX
DGX
SNPS
SNPS
Q4 26
$0.34
Q1 26
$2.24
Q4 25
$2.18
$2.44
Q3 25
$2.16
$1.50
Q2 25
$2.47
$2.21
Q1 25
$1.94
$1.89
Q4 24
$1.95
$7.13
Q3 24
$1.99
$2.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DGX
DGX
SNPS
SNPS
Cash + ST InvestmentsLiquidity on hand
$393.0M
$2.2B
Total DebtLower is stronger
$5.7B
$10.0B
Stockholders' EquityBook value
$7.7B
$30.5B
Total Assets
$16.7B
$47.2B
Debt / EquityLower = less leverage
0.74×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGX
DGX
SNPS
SNPS
Q4 26
$2.2B
Q1 26
$393.0M
Q4 25
$420.0M
$3.0B
Q3 25
$432.0M
$2.6B
Q2 25
$319.0M
$14.3B
Q1 25
$188.0M
$3.8B
Q4 24
$549.0M
$4.1B
Q3 24
$764.0M
$2.0B
Total Debt
DGX
DGX
SNPS
SNPS
Q4 26
$10.0B
Q1 26
$5.7B
Q4 25
$5.2B
$13.5B
Q3 25
$5.2B
$14.3B
Q2 25
$5.2B
$10.1B
Q1 25
$5.9B
Q4 24
$5.6B
Q3 24
$5.6B
Stockholders' Equity
DGX
DGX
SNPS
SNPS
Q4 26
$30.5B
Q1 26
$7.7B
Q4 25
$7.2B
$28.3B
Q3 25
$7.3B
$27.6B
Q2 25
$7.2B
$9.9B
Q1 25
$6.9B
$9.3B
Q4 24
$6.8B
$9.0B
Q3 24
$6.8B
$7.7B
Total Assets
DGX
DGX
SNPS
SNPS
Q4 26
$47.2B
Q1 26
$16.7B
Q4 25
$16.2B
$48.2B
Q3 25
$16.2B
$48.2B
Q2 25
$16.0B
$23.8B
Q1 25
$15.8B
$13.0B
Q4 24
$16.2B
$13.1B
Q3 24
$16.1B
$11.6B
Debt / Equity
DGX
DGX
SNPS
SNPS
Q4 26
0.33×
Q1 26
0.74×
Q4 25
0.72×
0.48×
Q3 25
0.71×
0.52×
Q2 25
0.72×
1.01×
Q1 25
0.85×
Q4 24
0.83×
Q3 24
0.83×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DGX
DGX
SNPS
SNPS
Operating Cash FlowLast quarter
$278.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGX
DGX
SNPS
SNPS
Q4 26
Q1 26
$278.0M
Q4 25
$465.0M
$639.7M
Q3 25
$563.0M
$671.0M
Q2 25
$544.0M
$275.4M
Q1 25
$314.0M
$-67.5M
Q4 24
$464.0M
$562.8M
Q3 24
$356.0M
$455.4M
Free Cash Flow
DGX
DGX
SNPS
SNPS
Q4 26
Q1 26
Q4 25
$307.0M
$605.2M
Q3 25
$419.0M
$632.4M
Q2 25
$436.0M
$219.8M
Q1 25
$197.0M
$-108.2M
Q4 24
$341.0M
$558.4M
Q3 24
$250.0M
$415.4M
FCF Margin
DGX
DGX
SNPS
SNPS
Q4 26
Q1 26
Q4 25
10.9%
26.8%
Q3 25
14.9%
36.3%
Q2 25
15.8%
13.7%
Q1 25
7.4%
-7.4%
Q4 24
13.0%
37.3%
Q3 24
10.0%
27.2%
Capex Intensity
DGX
DGX
SNPS
SNPS
Q4 26
Q1 26
3.9%
Q4 25
5.6%
1.5%
Q3 25
5.1%
2.2%
Q2 25
3.9%
3.5%
Q1 25
4.4%
2.8%
Q4 24
4.7%
0.3%
Q3 24
4.3%
2.6%
Cash Conversion
DGX
DGX
SNPS
SNPS
Q4 26
Q1 26
0.99×
Q4 25
1.90×
1.43×
Q3 25
2.30×
2.77×
Q2 25
1.93×
0.80×
Q1 25
1.43×
-0.23×
Q4 24
2.09×
0.51×
Q3 24
1.58×
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DGX
DGX

Segment breakdown not available.

SNPS
SNPS

Time-based products$951.5M40%
Upfront products$741.5M31%
Maintenance and service$715.7M30%

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