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Labcorp Holdings (LH) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 30, 2026

Labcorp Holdings (LH) reported revenue of $3.8B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before. Operating margin was 10.6%, net earnings $263M (6.9% of revenue).

Revenue$3.8B
Year over year+7%
Quarter over quarter+2%
Operating margin10.6%
Net earnings$263M

Labcorp Holdings, Q3 2026: revenue $3.8B (+7% year over year), operating margin 10.6%, net earnings $263M, operating cash flow $564M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.8B+2%+7%
Gross profit$1.1B-0.4%+8%
Operating profit$402M-11%+1%
Net earnings$263M-12%+0.6%
Operating cash flow$564M+27%+46%
Free cash flow$412M——

What changed

Revenue was $3.8B in Q3 2026, up 7% year over year and up 2% from the previous quarter.

Gross margin was 29.1%, up 0.3 points from Q3 2025. Operating profit was $0.40B, a 10.6% margin (down 0.6 points year over year). Of the extra revenue versus Q3 2025, 2% reached operating profit, below the 11% margin then. Operating expenses grew 12% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $0.26B, up 1% year over year. The effective tax rate was 19.8%.

Operating cash flow was $0.56B (up 46% year over year), 214% 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 added $0.09B. After capital Expenditures ($0.15B), free cash flow as the company reports it was $0.41B.

Questions

What was Labcorp Holdings' revenue in the third quarter 2026?

Labcorp Holdings (LH) reported revenue of $3.8B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before.

Was Labcorp Holdings profitable in the third quarter 2026?

Operating profit was $402M (10.6% of revenue) and net earnings $263M.

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Source: Labcorp Holdings 10-Q on SEC EDGAR.