Quest Diagnostics Inc (STU:QDI)
€ 203.1 -0.10 (-0.05%) Market Cap: 22.32 Bil Enterprise Value: 27.65 Bil PE Ratio: 24.74 PB Ratio: 3.40 GF Score: 78/100

Q2 2026 Quest Diagnostics Inc Earnings Call Transcript

Jul 23, 2026 / 12:30 PM GMT
Release Date Price: €199.3 (+8.40%)

Key Points

Positve
  • Quest Diagnostics Inc (DGX) reported a strong revenue growth of over 10% in the second quarter, driven by broad clinical demand and increased volume from collaborations with Corewell Health and Fresenius Medical Care.
  • The company achieved a 19% increase in adjusted diluted earnings per share, showcasing strong financial performance.
  • Quest Diagnostics Inc (DGX) is leveraging automation and AI to improve quality and productivity, enhancing customer engagement and insights from lab data.
  • The company is expanding its reach in the physician channel, delivering high single-digit revenue growth through clinical innovations and increased business with existing customers.
  • Quest Diagnostics Inc (DGX) is experiencing robust growth in consumer health, with QuestHealth.com generating strong revenue growth and demand for wellness panels and new services.
Negative
  • Total revenue per requisition decreased by 2.8% compared to the prior year due to the business mix from Corewell and Fresenius.
  • Operating income as a percentage of revenues was impacted by investments in Project NOVA and the lower operating margin rate associated with the ramp of the Corwell CoLab business.
  • Higher supplemental deferred compensation expenses adversely impacted operating income.
  • The company anticipates increased NOVA expenses and higher fuel costs in the second half of 2026, which could affect margins.
  • There is a potential 30 basis point impact on revenue from ACA exchange subsidy expiration, which could affect future financial performance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DGX.N - Quest Diagnostics Inc
Q2 2026 Quest Diagnostics Inc Earnings Call
Jul 23, 2026 / 12:30PM GMT

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Presentation
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Operator [1]
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Welcome to the Quest Diagnostics Second Quarter 2026 Conference Call.

At the request of the company, this call is being recorded.

The entire contents of the call, including the presentation and the question-and-answer session that will follow, are the copyrighted property of Quest Diagnostics with all rights reserved.

Any redistribution, retransmission, or rebroadcast of this call in any form without the written consent of Quest Diagnostics is strictly prohibited.

I'd now like to introduce Dan Hammerley, Vice President of Finance for Quest Diagnostics. Please go ahead, sir.

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Unidentified_2 [2]
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