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Filing Flows › Quest Diagnostics (DGX) › Q2 2026 › vs Q1 2026

Quest Diagnostics (DGX) Q2 2026 vs Q1 2026 (quarter over quarter)

Quest Diagnostics's revenue rose $148M (+5%) from $2.9B in Q1 2026 to $3.0B in Q2 2026. The biggest changes: DIS business +$146M (+5%); All other operating segments +$2.0M (+3%). Operating margin 15.1% against 13.8% (+1.3 pts).

Quest Diagnostics, Q2 2026: revenue $3.0B (+10% year over year), operating margin 15.1%, net earnings $320M, operating cash flow $597M. The chart draws each line against Q1 2026, the increases inside each band.

Quest Diagnostics: what changed, Q2 2026 vs Q1 2026Quest Diagnostics: what changed, Q2 2026 vs Q1 2026Operating cash flow$319MFree cash flow (OCF − capex)$295MWorking capital & other$249MDIS business$146MCosts & expenses$88.0MPre-tax earnings$84.0MNet earnings$68.0MCost of revenue$63.0MOperating profit$60.0MSG&A$25.0M

Margins

Q2 2026Q1 2026Change
Operating margin15.1%13.8%+1.3 pts
Net margin10.5%8.7%+1.8 pts
Free cash flow margin15.1%5.7%+9.4 pts

Every line

LineQ2 2026Q1 2026Change%
DIS business$3.0B$2.8B$146M+5%
All other operating segments$65.0M$63.0M$2.0M+3%
Revenue$3.0B$2.9B$148M+5%
Operating profit$459M$399M$60.0M+15%
Costs & expenses$2.6B$2.5B$88.0M+4%
Pre-tax earnings$422M$338M$84.0M+25%
Other expense, net$37.0M$61.0M−$24.0M-39%
Cost of revenue$2.0B$2.0B$63.0M+3%
SG&A$529M$504M$25.0M+5%
Other operating costs$39.0M$39.0M$00%
Net earnings$320M$252M$68.0M+27%
Minority interests$14.0M$12.0M$2.0M+17%
Income tax$88.0M$74.0M$14.0M+19%
Depreciation & amortization$146M$147M−$1.0M-0.7%
Share-based compensation$23.0M$20.0M$3.0M+15%
Working capital & other$108M−$141M$249M—
Operating cash flow$597M$278M$319M+115%
Free cash flow (OCF − capex)$459M$164M$295M+180%
Capital expenditures$138M$114M$24.0M+21%

Questions

How much did Quest Diagnostics's revenue grow quarter over quarter in Q2 2026?

Quest Diagnostics's revenue rose $148M (+5%) from $2.9B in Q1 2026 to $3.0B in Q2 2026.

What drove Quest Diagnostics's revenue change in Q2 2026?

DIS business +$146M (+5%); All other operating segments +$2.0M (+3%).

Q2 2026 results → · Compare in the interactive Sankey →