QUEST DIAGNOSTICS INC
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
DGX$259.67+1.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(in millions, except per share data)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Net revenues | $11,035 | $9,872 | $9,252 |
| Operating costs and expenses and other operating income: | |||
| Cost of services | 7,370 | 6,628 | 6,199 |
| Selling, general and administrative | 1,967 | 1,770 | 1,642 |
| Amortization of intangible assets | 154 | 127 | 108 |
| Other operating (income) expense, net | (12) | 1 | 41 |
| Total operating costs and expenses, net | 9,479 | 8,526 | 7,990 |
| Operating income | 1,556 | 1,346 | 1,262 |
| Other income (expense): | |||
| Interest expense, net | (264) | (201) | (152) |
| Other income, net | 26 | 30 | 20 |
| Total non-operating expense, net | (238) | (171) | (132) |
| Income before income taxes and equity in earnings of equity method investees | 1,318 | 1,175 | 1,130 |
| Income tax expense | (314) | (273) | (248) |
| Equity in earnings of equity method investees, net of taxes | 42 | 19 | 26 |
| Net income | 1,046 | 921 | 908 |
| Less: Net income attributable to noncontrolling interests | 54 | 50 | 54 |
| Net income attributable to Quest Diagnostics | $992 | $871 | $854 |
| Earnings per share attributable to Quest Diagnostics’ common stockholders: | |||
| Basic | $8.87 | $7.78 | $7.59 |
| Diluted | $8.75 | $7.69 | $7.49 |
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