Filing Flows › Labcorp Holdings (LH) › Q2 2026
Labcorp Holdings (LH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Labcorp Holdings (LH) reported revenue of $3.7B for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was 12.1%, net earnings $299M (8.0% of revenue).
Labcorp Holdings, Q2 2026: revenue $3.7B (+6% year over year), operating margin 12.1%, net earnings $299M, operating cash flow $446M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +5% | +6% |
| Gross profit | $1.1B | +10% | +6% |
| Operating profit | $452M | +19% | +14% |
| Net earnings | $299M | +8% | +26% |
| Operating cash flow | $446M | +133% | -28% |
| Free cash flow | $314M | — | — |
What changed
Revenue was $3.7B in Q2 2026, up 6% year over year and up 5% from the previous quarter.
Gross margin was 29.8%, up 0.1 points from Q2 2025. Operating profit was $0.45B, a 12.1% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 28% reached operating profit, above the 11% margin then. Operating expenses grew 1% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $0.30B, up 26% year over year. The effective tax rate was 22.6%.
Operating cash flow was $0.45B (down 28% year over year), 149% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.07B. After capital Expenditures ($0.13B), free cash flow as the company reports it was $0.31B.
Questions
What was Labcorp Holdings' revenue in the second quarter 2026?
Labcorp Holdings (LH) reported revenue of $3.7B for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before.
Was Labcorp Holdings profitable in the second quarter 2026?
Operating profit was $452M (12.1% of revenue) and net earnings $299M.
Source: Labcorp Holdings 10-Q on SEC EDGAR.