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Labcorp Holdings (LH)
NYSE:LH
US Market
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Labcorp Holdings (LH) Operating Expense Breakdown

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Operating Expense Breakdown

Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Recent quarters show rising amortization—consistent with Labcorp’s active M&A and capitalized intangibles—while the very large impairments in late 2022–2023 appear to be largely nonrecurring, clearing the deck for margin improvement. SG&A has settled higher than pre‑pandemic levels, reflecting targeted investments (AI, product launches) that management points to as drivers of expanded adjusted margins and raised EPS guidance. That said, sporadic restructuring spikes (notably the 2025‑Q4 charge) remind investors integration and strategic actions can materially dent near‑term earnings and cash flow, so monitor FCF and leverage.
Date
Selling, General, and Administrative
Restructuring and Other
Impairments
Amortization
Jun 30, 2026
$577.20M$5.10M$0.00$78.10M
Mar 31, 2026
$551.00M$6.40M$0.00$75.60M
Dec 31, 2025
$538.60M$110.80M$3.60M$72.60M
Sep 30, 2025
$552.40M$5.90M$700.00K$69.50M
Jun 30, 2025
$579.30M$4.10M$0.00$68.30M
Mar 31, 2025
$546.00M$6.40M$0.00$69.60M
Dec 31, 2024
$595.20M$11.40M$2.80M$70.40M
Sep 30, 2024
$568.60M$18.00M$0.00$63.70M
Jun 30, 2024
$557.80M$11.60M$0.00$62.20M
Mar 31, 2024
$508.40M$5.00M$2.50M$60.10M