Quest Diagnostics Incorporated (DGX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.9B | 2.81B | 2.82B | 2.76B | 2.65B | 2.62B | 2.49B | 2.4B | 2.37B | 2.29B | 2.29B | 2.34B | 2.33B | 2.33B | 2.49B | 2.45B | 2.61B | 2.74B | 2.77B | 2.55B |
| Revenue Growth % | 9.16% | 7.06% | 13.18% | 15.19% | 12.09% | 14.55% | 8.41% | 2.52% | 1.5% | -1.93% | -7.68% | -4.69% | -10.72% | -14.98% | -10.38% | -3.8% | -4.01% | -8.59% | -0.43% | 39.57% |
| Cost of Goods Sold | 1.95B | 1.89B | 1.87B | 1.82B | 1.79B | 1.76B | 1.68B | 1.59B | 1.59B | 1.55B | 1.54B | 1.55B | 1.56B | 1.57B | 1.62B | 1.61B | 1.65B | 1.72B | 1.67B | 1.56B |
| COGS % of Revenue | 67.46% | 67.43% | 66.3% | 65.85% | 67.46% | 67.26% | 67.4% | 66.46% | 67.41% | 67.66% | 67.15% | 66.12% | 66.92% | 67.51% | 65.08% | 65.67% | 63.04% | 62.61% | 60.2% | 61.37% |
| Gross Profit | 942M | 914M | 949M | 943M | 863M | 858M | 811M | 804M | 771M | 740M | 754M | 792M | 771M | 758M | 868M | 842M | 965M | 1.03B | 1.1B | 985M |
| Gross Margin % | 32.54% | 32.57% | 33.7% | 34.15% | 32.54% | 32.74% | 32.6% | 33.54% | 32.59% | 32.34% | 32.85% | 33.88% | 33.08% | 32.49% | 34.92% | 34.33% | 36.96% | 37.39% | 39.8% | 38.63% |
| Gross Profit Growth % | 9.15% | 6.53% | 17.02% | 17.29% | 11.93% | 15.95% | 7.56% | 1.52% | 0% | -2.37% | -13.13% | -5.94% | -20.1% | -26.12% | -21.38% | -14.52% | -11.79% | -19.15% | -8.46% | 62.54% |
| Operating Expenses | 543M | 523M | 563M | 505M | 517M | 497M | 481M | 449M | 471M | 473M | 412M | 444M | 466M | 623M | 476M | 454M | 452M | 490M | 452M | 452M |
| OpEx % of Revenue | 18.76% | 18.64% | 19.99% | 18.29% | 19.49% | 18.96% | 19.33% | 18.73% | 19.91% | 20.67% | 17.95% | 18.99% | 19.99% | 26.7% | 19.15% | 18.51% | 17.31% | 17.86% | 16.29% | 17.73% |
| Selling, General & Admin | 504M | 486M | 501M | 486M | 476M | 466M | 448M | 406M | 436M | 402M | 380M | 416M | 439M | 563M | 464M | 422M | 425M | 464M | 427M | 429M |
| SG&A % of Revenue | 17.41% | 17.32% | 17.79% | 17.6% | 17.95% | 17.78% | 18.01% | 16.94% | 18.43% | 17.57% | 16.56% | 17.79% | 18.83% | 24.13% | 18.66% | 17.2% | 16.28% | 16.91% | 15.39% | 16.82% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 399M | 391M | 386M | 438M | 346M | 361M | 330M | 355M | 300M | 267M | 342M | 348M | 305M | 135M | 392M | 388M | 513M | 536M | 652M | 533M |
| Operating Margin % | 13.78% | 13.93% | 13.71% | 15.86% | 13.05% | 13.77% | 13.26% | 14.81% | 12.68% | 11.67% | 14.9% | 14.88% | 13.08% | 5.79% | 15.77% | 15.82% | 19.65% | 19.53% | 23.5% | 20.9% |
| Operating Income Growth % | 15.32% | 8.31% | 16.97% | 23.38% | 15.33% | 35.21% | -3.51% | 2.01% | -1.64% | 97.78% | -12.76% | -10.31% | -40.55% | -74.81% | -39.88% | -27.2% | -22.27% | -32.58% | -9.19% | 88.34% |
| EBITDA | 436M | 401M | 528M | 581M | 486M | 496M | 455M | 472M | 416M | 376M | 453M | 460M | 412M | 251M | 500M | 495M | 619M | 642M | 753M | 633M |
| EBITDA Margin % | 15.06% | 14.29% | 18.75% | 21.04% | 18.33% | 18.92% | 18.29% | 19.69% | 17.58% | 16.43% | 19.74% | 19.67% | 17.67% | 10.76% | 20.11% | 20.18% | 23.71% | 23.4% | 27.14% | 24.82% |
| EBITDA Growth % | -10.29% | -19.15% | 16.04% | 23.09% | 16.83% | 31.91% | 0.44% | 2.61% | 0.97% | 49.8% | -9.4% | -7.07% | -33.44% | -60.9% | -33.6% | -21.8% | -18.66% | -28.11% | -6.69% | 70.16% |
| D&A (Non-Cash Add-back) | 37M | 0 | 142M | 143M | 140M | 135M | 125M | 117M | 116M | 109M | 111M | 112M | 107M | 116M | 108M | 107M | 106M | 106M | 101M | 100M |
| EBIT | 399M | 401M | 405M | 453M | 348M | 371M | 354M | 361M | 315M | 283M | 340M | 356M | 314M | 145M | 388M | 361M | 489M | 540M | 692M | 855M |
| Net Interest Income | -63M | -64M | -66M | -67M | -67M | -65M | -49M | -44M | -43M | -40M | -40M | -37M | -35M | -32M | -33M | -36M | -37M | -37M | -38M | -38M |
| Interest Income | 0 | 0 | 3M | 2M | 5M | 7M | 9M | 3M | 6M | 6M | 1M | 2M | 2M | 4M | 4M | 2M | 0 | 1M | 0 | 0 |
| Interest Expense | 63M | 64M | 69M | 69M | 72M | 72M | 58M | 47M | 49M | 46M | 41M | 39M | 37M | 36M | 37M | 38M | 37M | 38M | 38M | 38M |
| Other Income/Expense | -65M | -54M | -50M | -45M | -52M | -57M | -28M | -41M | -26M | -22M | -37M | -24M | -23M | -23M | -35M | -61M | -30M | -9M | 28M | 294M |
| Pretax Income | 334M | 337M | 336M | 393M | 294M | 304M | 302M | 314M | 274M | 245M | 305M | 324M | 282M | 112M | 357M | 327M | 483M | 527M | 680M | 827M |
| Pretax Margin % | 11.54% | 12.01% | 11.93% | 14.23% | 11.09% | 11.6% | 12.14% | 13.1% | 11.58% | 10.71% | 13.29% | 13.86% | 12.1% | 4.8% | 14.36% | 13.33% | 18.5% | 19.21% | 24.51% | 32.43% |
| Income Tax | 74M | 81M | 77M | 97M | 59M | 68M | 65M | 74M | 66M | 40M | 68M | 75M | 65M | -4M | 81M | 77M | 110M | 114M | 153M | 177M |
| Effective Tax Rate % | 22.16% | 24.04% | 22.92% | 24.68% | 20.07% | 22.37% | 21.52% | 23.57% | 24.09% | 16.33% | 22.3% | 23.15% | 23.05% | -3.57% | 22.69% | 23.55% | 22.77% | 21.63% | 22.5% | 21.4% |
| Net Income | 252M | 245M | 245M | 282M | 220M | 222M | 226M | 229M | 194M | 192M | 225M | 235M | 202M | 101M | 254M | 233M | 354M | 389M | 503M | 628M |
| Net Margin % | 8.7% | 8.73% | 8.7% | 10.21% | 8.3% | 8.47% | 9.08% | 9.55% | 8.2% | 8.39% | 9.8% | 10.05% | 8.67% | 4.33% | 10.22% | 9.5% | 13.56% | 14.18% | 18.13% | 24.63% |
| Net Income Growth % | 14.55% | 10.36% | 8.41% | 23.14% | 13.4% | 15.63% | 0.44% | -2.55% | -3.96% | 90.1% | -11.42% | 0.86% | -42.94% | -74.04% | -49.5% | -62.9% | -24.36% | -32.47% | -11.13% | 241.3% |
| Net Income (Continuing) | 260M | 256M | 259M | 296M | 235M | 236M | 237M | 240M | 208M | 205M | 237M | 249M | 217M | 116M | 276M | 250M | 373M | 413M | 527M | 650M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | 0 | 0 | -1000K |
| Minority Interest | 300M | 116M | 118M | 118M | 114M | 118M | 112M | 118M | 114M | 111M | 114M | 115M | 115M | 114M | 114M | 116M | 116M | 118M | 119M | 119M |
| EPS (Diluted) | 2.24 | 2.18 | 2.16 | 2.47 | 1.94 | 1.95 | 1.99 | 2.04 | 1.72 | 1.70 | 1.96 | 2.05 | 1.78 | 0.88 | 2.15 | 1.96 | 2.93 | 3.12 | 4.02 | 4.96 |
| EPS Growth % | 15.46% | 11.79% | 8.54% | 21.08% | 12.79% | 14.71% | 1.53% | -0.49% | -3.37% | 93.18% | -8.84% | 4.59% | -39.25% | -71.79% | -46.52% | -60.48% | -15.32% | -25.89% | -2.9% | 264.71% |
| EPS (Basic) | 2.27 | 2.21 | 2.18 | 2.51 | 1.97 | 1.98 | 2.01 | 2.05 | 1.74 | 1.72 | 1.99 | 2.09 | 1.79 | 0.89 | 2.19 | 1.99 | 2.97 | 3.19 | 4.11 | 5.05 |
| Diluted Shares Outstanding | 112M | 112M | 113M | 113M | 113M | 113M | 113M | 112M | 112M | 113M | 114M | 114M | 113M | 115M | 118M | 119M | 121M | 125M | 125M | 127M |
| Basic Shares Outstanding | 110M | 111M | 112M | 112M | 111M | 111M | 112M | 111M | 111M | 112M | 112M | 112M | 112M | 113M | 116M | 117M | 119M | 122M | 123M | 125M |
| Dividend Payout Ratio | 34.92% | 36.73% | 36.33% | 31.91% | 38.18% | 37.84% | 37.17% | 36.68% | 40.72% | 41.67% | 35.56% | 34.04% | 36.63% | 74.26% | 30.71% | 33.48% | 20.9% | 19.79% | 15.11% | 12.9% |