Companies / LH

Labcorp Holdings Inc. (LH) financials and KPIs

Labcorp Holdings Inc. reported revenue of $13.95B for fiscal 2025, up 7.2% from fiscal 2024. Net income was $877.70M and free cash flow was $1.21B.

Annual results

Fiscal year20212022202320242025
Revenue—$11.86B—$13.01B$13.95B
Operating income—$1.44B—$1.09B$1.38B
Net income—$1.28B$419.20M$747.10M$877.70M
Cash from operations$3.11B—$1.33B$1.59B$1.64B
Free cash flow$2.69B—$874.10M$1.10B$1.21B

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$3.28B$3.33B$3.35B$3.53B$3.56B$3.52B$3.54B$3.73B
Net income$169.60M$143.40M$213.00M$238.30M$261.50M$164.90M$278.00M$299.10M
Diluted EPS$2.00$1.70$2.52$2.84$3.12$1.98$3.35$3.64

Operating KPIs

As Labcorp Holdings Inc. reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Backlog at end of quarter$8.14B$7.99B$8.18B$8.71B$8.58B$8.72B$8.64B$8.73B
Net Book-to-Bill Ratio1.0211.071.111.0911.041

Sources

Figures come from Labcorp Holdings Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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