QUEST DIAGNOSTICS INC

DGX 10-Q · Q2 2025

DGX Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue (Q) — — —
Show Business Segments breakouts
All Other Segments 62 64 -3.1%
DIS business 2,699 2,333 +15.7%
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Revenue 2,761 2,397 +15.2%
Cost of Revenue (Q) — — —
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Cost of Revenue 1,818 1,593 +14.1%
Selling, General & Administrative (Q) — — —
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Selling, General & Administrative 486 416 +16.8%
Amortization Of Intangible Assets (Q) — — —
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Amortization Of Intangible Assets 39 29 +34.5%
Other Operating Income Expense Net (Q) — — —
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Other Operating Income Expense Net -20 4 -600.0%
Total Costs & Expenses (Q) — — —
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Total Costs & Expenses 2,323 2,042 +13.8%
Operating Income (Q) — — —
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All Other Segments 7 8 -12.5%
Corporate -63 -73 +13.7%
DIS business 494 420 +17.6%
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Operating Income 438 355 +23.4%
Interest Income Expense Nonoperating Net (Q) — — —
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Interest Income Expense Nonoperating Net -67 -44 -52.3%
Other Non-Operating Income (Expense) (Q) — — —
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Other Non-Operating Income (Expense) 13 3 +333.3%
Non-Operating Income (Expense) (Q) — — —
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Non-Operating Income (Expense) -54 -41 -31.7%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments (Q) — — —
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 384 314 +22.3%
Income Tax Expense (Benefit) (Q) — — —
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Income Tax Expense (Benefit) -97 -74 -31.1%
Income Loss From Equity Method Investments (Q) — — —
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Income Loss From Equity Method Investments 9 — —
Net Income (Q) — — —
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Net Income 296 240 +23.3%
Net Income Loss Attributable To Noncontrolling Interest (Q) — — —
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Net Income Loss Attributable To Noncontrolling Interest 14 11 +27.3%
Net Income (Q) — — —
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Net Income 282 229 +23.1%
EPS (Basic) (Q) — — —
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EPS (Basic) 2.51 2.05 +22.4%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 2.47 2.03 +21.7%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 112 111 +0.9%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 113 112 +0.9%
Comprehensive Income (Q) — — —
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Comprehensive Income 349 226 +54.4%
Interest And Dividend Income Operating (Q) — — —
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Interest And Dividend Income Operating 2 3 -33.3%
Interest Expense Operating (Q) — — —
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Interest Expense Operating -69 -47 -46.8%
Interest Income Expense Net (Q) — — —
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Interest Income Expense Net -67 -44 -52.3%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 319 271 +17.7%
Accounts Receivable (Q) — — —
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Accounts Receivable 1,419 1,319 +7.6%
Inventory (Q) — — —
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Inventory 187 182 +2.7%
Prepaid Expenses & Other Current Assets (Q) — — —
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Prepaid Expenses & Other Current Assets 273 245 +11.4%
Total Current Assets (Q) — — —
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Total Current Assets 2,198 2,017 +9.0%
Non-Current Assets
Property, Plant & Equipment (Q) — — —
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Property, Plant & Equipment 2,120 1,832 +15.7%
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 655 603 +8.6%
Goodwill (Q) — — —
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Goodwill 8,883 — —
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 271 216 +25.5%
Total Assets (Q) — — —
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Total Assets 15,969 13,881 +15.0%
Other Assets
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 1,706 1,202 +41.9%
Equity Method Investments (Q) — — —
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Equity Method Investments 136 126 +7.9%
Current Liabilities
Accounts Payable And Accrued Liabilities Current (Q) — — —
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Accounts Payable And Accrued Liabilities Current 1,349 1,247 +8.2%
Current Portion of Long-Term Debt (Q) — — —
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Current Portion of Long-Term Debt 504 606 -16.8%
Operating Lease Liability Current (Q) — — —
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Operating Lease Liability Current 171 159 +7.5%
Total Current Liabilities (Q) — — —
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Total Current Liabilities 2,024 2,012 +0.6%
Non-Current Liabilities
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 540 507 +6.5%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 890 811 +9.7%
Other Liabilities
Long Term Debt And Capital Lease Obligations (Q) — — —
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Long Term Debt And Capital Lease Obligations 5,169 3,816 +35.5%
Redeemable Noncontrolling Interest Equity Carrying Amount (Q) — — —
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Redeemable Noncontrolling Interest Equity Carrying Amount 81 79 +2.5%
Stockholders' Equity
Common Stock (Q) — — —
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Common Stock 2 2 0.0%
Additional Paid In Capital Common Stock (Q) — — —
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Additional Paid In Capital Common Stock 2,332 2,314 +0.8%
Retained Earnings (Q) — — —
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Retained Earnings 9,682 9,080 +6.6%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income -16 -19 +15.8%
Treasury Stock Value (Q) — — —
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Treasury Stock Value -4,772 -4,760 -0.3%
Total Stockholders' Equity (Q) — — —
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Total Stockholders' Equity 7,228 6,617 +9.2%
Minority Interest (Q) — — —
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Minority Interest 37 39 -5.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) — — —
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Accumulated Gain Loss Net Cash Flow Hedge Parent 5 3 +66.7%
Accumulated Other Comprehensive Income -16 -19 +15.8%
Accumulated Translation Adjustment -21 -22 +4.5%
Additional Paid In Capital 2,332 2,314 +0.8%
Common Stock 2 2 0.0%
Noncontrolling Interest 37 39 -5.1%
Retained Earnings 9,682 9,080 +6.6%
Treasury Stock Common -4,772 -4,760 -0.3%
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest 7,265 6,656 +9.1%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 15,969 13,881 +15.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization (YTD) — — —
Show Business Segments breakouts
All Other Segments 7 6 +16.7%
Corporate 79 59 +33.9%
DIS business 197 168 +17.3%
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Depreciation & Amortization 283 233 +21.5%
Contract With Customer Asset Credit Loss Expense (YTD) — — —
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Contract With Customer Asset Credit Loss Expense 2 3 -33.3%
Deferred Income Taxes (YTD) — — —
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Deferred Income Taxes 8 -36 +122.2%
Stock-Based Compensation (YTD) — — —
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Stock-Based Compensation 43 42 +2.4%
Other Non-Cash Items (YTD) — — —
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Other Non-Cash Items 26 16 +62.5%
Change in Accounts Receivable (YTD) — — —
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Change in Accounts Receivable -115 -113 -1.8%
Increase Decrease In Accounts Payable And Accrued Liabilities (YTD) — — —
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Increase Decrease In Accounts Payable And Accrued Liabilities -11 -111 +90.1%
Increase Decrease In Accrued Income Taxes Payable (YTD) — — —
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Increase Decrease In Accrued Income Taxes Payable 9 20 -55.0%
Increase Decrease In Other Operating Capital Net (YTD) — — —
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Increase Decrease In Other Operating Capital Net 82 12 +583.3%
Net Cash from Operations (YTD) — — —
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Net Cash from Operations 858 514 +66.9%
Investing Activities
Payments To Acquire Businesses Net Of Cash Acquired (YTD) — — —
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Payments To Acquire Businesses Net Of Cash Acquired -17 -248 +93.1%
Capital Expenditures (YTD) — — —
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Capital Expenditures -225 -196 -14.8%
Other Investing Activities (YTD) — — —
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Other Investing Activities 3 31 -90.3%
Net Cash from Investing (YTD) — — —
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Net Cash from Investing -239 -413 +42.1%
Financing Activities
Proceeds From Issuance Of Debt (YTD) — — —
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Proceeds From Issuance Of Debt 400 — —
Debt Repayments (YTD) — — —
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Debt Repayments -1,001 -301 -232.6%
Proceeds From Stock Options Exercised (YTD) — — —
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Proceeds From Stock Options Exercised 42 28 +50.0%
Tax Withholding for Share Compensation (YTD) — — —
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Tax Withholding for Share Compensation -42 -23 -82.6%
Payments Of Dividends Common Stock (YTD) — — —
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Payments Of Dividends Common Stock -174 -163 -6.7%
Payments Of Dividends Minority Interest (YTD) — — —
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Payments Of Dividends Minority Interest -29 -18 -61.1%
Proceeds From Payments For Other Financing Activities (YTD) — — —
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Proceeds From Payments For Other Financing Activities -50 -39 -28.2%
Net Cash from Financing (YTD) — — —
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Net Cash from Financing -854 -516 -65.5%
Supplemental
Interest Paid (YTD) — — —
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Interest Paid 145 105 +38.1%
Unpaid Capital Expenditures (YTD) — — —
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Unpaid Capital Expenditures 37 31 +19.4%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (YTD) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 5 — —
Net Change in Cash (YTD) — — —
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Net Change in Cash -230 -415 +44.6%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 319 271 +17.7%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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