earnings
confidence high
sentiment positive
materiality 0.75
Labcorp Q1 revenue $3.54B (+5.8%), adjusted EPS $4.25 (+10.6%); raises FY guidance
LABCORP HOLDINGS INC.
2026-Q1 EPS reported
$3.35
revenue$3,537,600,000
- Q1 diluted EPS $3.35 (+32.8% YoY); adjusted EPS $4.25 vs $3.84 consensus.
- FY2026 guidance raised: revenue growth 5.0%–6.1%, Adj. EPS $17.70–$18.35 (midpoint $18.03, +$0.13).
- Diagnostics revenue $2.76B (+5.0%); adjusted margin 16.6% (+30bps). Biopharma Labs revenue $780.6M (+8.2%).
- Operating cash flow $191.5M (vs $18.5M); free cash flow $70.5M (vs -$107.5M).
- Completed acquisition of Crouse Health lab assets; partnerships with CHOP, Illumina, Optum.ai, PathAI.