LH · 10-Q · 2026Q2 · Full report

Operating Expense Trends

LABCORP HOLDINGS INC. · 2026-08-05 · Importance 54 · Surprise 40 · No source text

Second-quarter SG&A decreased 0.3% to $577.2 million, while SG&A declined to 15.5% of revenue from 16.4% in 2025 because of revenue growth. Six-month SG&A increased 0.3% to $1,128.2 million, but remained 15.5% of revenue versus 16.4% in the prior-year period. Amortization of intangibles and other assets increased 14.3% to $78.1 million in the quarter and 11.4% to $153.7 million for the six months. The amortization increase primarily reflected additional amortization from assets acquired after June 30, 2025.

Key facts

• SG&A as a percentage of revenues were 15.5% for the three months ended June 30, 2026, compared to 16.4% for the three months ended June 30, 2025. source
• SG&A as a percentage of revenues for the six months ended June 30, 2026, was 15.5% compared to 16.4% in the corresponding period in 2025. source
• Other, net for the three months ended June 30, 2026, was $(3.5) compared to $(32.7) in the corresponding period in 2025, a change of (88.9)%. source
• Other, net for the six months ended June 30, 2026, was $(16.6) compared to $(33.7) in the corresponding period in 2025, a change of (50.7)%. source
• General corporate and unallocated expenses for the three months ended June 30, 2026, were $130.0, a decrease of $9.2 from $139.2 in the corresponding period in 2025. source
• General corporate and unallocated expenses for the six months ended June 30, 2026, were $246.6, a decrease of $25.0 from $271.6 in the corresponding period in 2025. source
• Selling, general, and administrative (SG&A) expenses for the three months ended June 30, 2026, were $577.2, a decrease of 0.3% from $579.3 in the corresponding period in 2025. source
• Amortization of intangibles and other assets for the three months ended June 30, 2026, was $78.1, an increase of 14.3% from $68.3 in the corresponding period in 2025. source

Impact estimates