Quest Diagnostics (DGX) Revenue & Revenue Breakdown
Quest Diagnostics Revenue Highlights
Latest Revenue (Y)
$9.25B
Latest Revenue (Q)
$2.40B
Main Segment (Y)
Diagnostic Information Services Business
Quest Diagnostics Revenue by Period
Quest Diagnostics Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.25B | -6.38% |
| 2022-12-31 | $9.88B | -8.39% |
| 2021-12-31 | $10.79B | 14.32% |
| 2020-12-31 | $9.44B | 22.15% |
| 2019-12-31 | $7.73B | 2.59% |
| 2018-12-31 | $7.53B | -2.31% |
| 2017-12-31 | $7.71B | 2.58% |
| 2016-12-31 | $7.51B | 0.29% |
| 2015-12-31 | $7.49B | 0.78% |
| 2014-12-31 | $7.43B | 4.04% |
| 2013-12-31 | $7.15B | -3.20% |
| 2012-12-31 | $7.38B | -1.70% |
| 2011-12-31 | $7.51B | 1.92% |
| 2010-12-31 | $7.37B | -1.16% |
| 2009-12-31 | $7.46B | 2.84% |
| 2008-12-31 | $7.25B | 8.12% |
| 2007-12-31 | $6.70B | 6.96% |
| 2006-12-31 | $6.27B | 13.90% |
| 2005-12-31 | $5.50B | 7.36% |
| 2004-12-31 | $5.13B | 8.20% |
| 2003-12-31 | $4.74B | 15.33% |
| 2002-12-31 | $4.11B | 13.24% |
| 2001-12-31 | $3.63B | 6.04% |
| 2000-12-31 | $3.42B | 55.14% |
| 1999-12-31 | $2.21B | 51.19% |
| 1998-12-31 | $1.46B | -4.59% |
| 1997-12-31 | $1.53B | -5.42% |
| 1996-12-31 | $1.62B | - |
Quest Diagnostics generated $9.25B in revenue during NA 2023, up -6.38% compared to the previous quarter, and up 122.85% compared to the same period a year ago.
Quest Diagnostics Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.40B | 1.31% |
| 2024-03-31 | $2.37B | 3.41% |
| 2023-12-31 | $2.29B | -0.31% |
| 2023-09-30 | $2.29B | -1.84% |
| 2023-06-30 | $2.34B | 0.30% |
| 2023-03-31 | $2.33B | -0.09% |
| 2022-12-31 | $2.33B | -6.15% |
| 2022-09-30 | $2.49B | 1.35% |
| 2022-06-30 | $2.45B | -6.05% |
| 2022-03-31 | $2.61B | -4.85% |
| 2021-12-31 | $2.74B | -1.08% |
| 2021-09-30 | $2.77B | 8.78% |
| 2021-06-30 | $2.55B | -6.25% |
| 2021-03-31 | $2.72B | -9.39% |
| 2020-12-31 | $3.00B | 7.75% |
| 2020-09-30 | $2.79B | 52.49% |
| 2020-06-30 | $1.83B | 0.27% |
| 2020-03-31 | $1.82B | -5.40% |
| 2019-12-31 | $1.93B | -1.53% |
| 2019-09-30 | $1.96B | 0.15% |
| 2019-06-30 | $1.95B | 3.28% |
| 2019-03-31 | $1.89B | 2.83% |
| 2018-12-31 | $1.84B | -2.65% |
| 2018-09-30 | $1.89B | -1.56% |
| 2018-06-30 | $1.92B | 1.86% |
| 2018-03-31 | $1.88B | -2.69% |
| 2017-12-31 | $1.94B | 0.26% |
| 2017-09-30 | $1.93B | -0.62% |
| 2017-06-30 | $1.94B | 2.32% |
| 2017-03-31 | $1.90B | 2.04% |
| 2016-12-31 | $1.86B | -1.27% |
| 2016-09-30 | $1.89B | -1.10% |
| 2016-06-30 | $1.91B | 2.31% |
| 2016-03-31 | $1.86B | 0.76% |
| 2015-12-31 | $1.85B | -1.65% |
| 2015-09-30 | $1.88B | -2.34% |
| 2015-06-30 | $1.93B | 4.68% |
| 2015-03-31 | $1.84B | -2.34% |
| 2014-12-31 | $1.88B | -1.10% |
| 2014-09-30 | $1.90B | 0.11% |
| 2014-06-30 | $1.90B | 8.93% |
| 2014-03-31 | $1.75B | -0.60% |
| 2013-12-31 | $1.76B | -1.72% |
| 2013-09-30 | $1.79B | -1.58% |
| 2013-06-30 | $1.82B | 1.63% |
| 2013-03-31 | $1.79B | 5.85% |
| 2012-12-31 | $1.69B | -8.84% |
| 2012-09-30 | $1.85B | -2.90% |
| 2012-06-30 | $1.91B | -1.53% |
| 2012-03-31 | $1.94B | 3.04% |
| 2011-12-31 | $1.88B | -1.42% |
| 2011-09-30 | $1.91B | 0.17% |
| 2011-06-30 | $1.90B | 4.48% |
| 2011-03-31 | $1.82B | -0.14% |
| 2010-12-31 | $1.82B | -2.18% |
| 2010-09-30 | $1.86B | -0.54% |
| 2010-06-30 | $1.87B | 3.83% |
| 2010-03-31 | $1.81B | -2.31% |
| 2009-12-31 | $1.85B | -2.58% |
| 2009-09-30 | $1.90B | -0.25% |
| 2009-06-30 | $1.90B | 5.19% |
| 2009-03-31 | $1.81B | 0.43% |
| 2008-12-31 | $1.80B | -1.44% |
| 2008-09-30 | $1.83B | -0.61% |
| 2008-06-30 | $1.84B | 2.98% |
| 2008-03-31 | $1.78B | - |
Quest Diagnostics generated $2.40B in revenue during Q2 2024, up 1.31% compared to the previous quarter, and up 102.83% compared to the same period a year ago.
Quest Diagnostics Revenue Breakdown
Quest Diagnostics Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Segments | $276.00M | $274.00M | - | - | - |
| Diagnostic Information Services Business | $8.98B | $9.61B | - | - | - |
| Routine clinical testing services | - | - | $4.29B | $3.84B | $4.21B |
| All other services | - | - | $294.00M | $298.00M | $321.00M |
| Anatomic pathology testing services | - | - | $553.00M | $482.00M | $579.00M |
| COVID-19 Testing Services | - | - | $2.77B | $2.72B | - |
| Gene-based and esoteric testing services | - | - | $2.88B | $2.10B | $2.62B |
Quest Diagnostics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Diagnostic Information Services Business (97.02%), and Other Segments (2.98%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Diagnostic Information Services Business | $2.33B | $2.22B | $2.23B | $2.27B | $2.26B | $2.27B | $2.92B | $2.71B | $1.76B | $1.74B | $1.84B | $1.88B | $1.87B | - | - | - | - | - | - | - |
| Other Segments | - | $67.00M | $67.00M | $70.00M | $72.00M | $68.00M | $80.00M | $77.00M | $63.00M | $78.00M | $82.00M | $79.00M | $81.00M | - | - | - | - | - | - | - |
| Routine clinical testing and other services | - | - | - | - | - | - | $1.12B | $1.10B | $1.07B | - | - | - | - | - | - | - | - | - | - | - |
| All other services | - | - | - | - | - | - | $67.00M | $69.00M | $70.00M | $70.00M | $71.00M | $76.00M | $77.00M | - | - | - | - | - | - | - |
| Anatomic pathology testing services | - | - | - | - | - | - | $149.00M | $144.00M | $137.00M | $145.00M | $138.00M | $140.00M | $130.00M | - | - | - | - | - | - | - |
| COVID-19 Testing Services | - | - | - | - | - | - | $316.00M | $355.00M | $599.00M | $722.00M | $709.00M | $511.00M | $828.00M | - | - | - | - | - | - | - |
| Gene-based and esoteric testing services | - | - | - | - | - | - | $835.00M | $787.00M | $739.00M | $906.00M | $646.00M | $673.00M | $653.00M | - | - | - | - | - | - | - |
| Routine clinical testing services | - | - | - | - | - | - | - | - | - | $901.00M | $1.21B | $1.15B | $1.03B | - | - | - | - | - | - | - |
Quest Diagnostics's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Diagnostic Information Services Business (100.00%).
Quest Diagnostics Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IQV | IQVIA | $14.98B | $3.81B |
| DGX | Quest Diagnostics | $9.25B | $2.40B |
| ICLR | ICON Public Limited Company | $8.12B | $2.09B |
| A | Agilent | $6.83B | $1.58B |
| CRL | Charles River Laboratories | $4.13B | $1.03B |
| MTD | Mettler-Toledo | $3.79B | $946.75M |
| IDXX | IDEXX Laboratories | $3.66B | $1.00B |
| WAT | Waters | $2.96B | $708.53M |
| RVTY | Revvity | $2.75B | $691.68M |
| SHC | Sotera Health Company | $1.05B | $276.59M |
| TWST | Twist Bioscience | $245.11M | $81.46M |
DGX Revenue FAQ
What is Quest Diagnostics’s yearly revenue?
Quest Diagnostics's yearly revenue for 2023 was $9.25B, representing a decrease of -6.38% compared to 2022. The company's yearly revenue for 2022 was $9.88B, representing a decrease of -8.39% compared to 2021. DGX's yearly revenue for 2021 was $10.79B, representing an increase of 14.32% compared to 2020.
What is Quest Diagnostics’s quarterly revenue?
Quest Diagnostics's quarterly revenue for Q2 2024 was $2.4B, a 1.31% increase from the previous quarter (Q1 2024), and a 2.52% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.37B, a 3.41% increase from the previous quarter (Q4 2023), and a 1.50% increase year-over-year (Q1 2023). DGX's quarterly revenue for Q4 2023 was $2.29B, a -0.31% decrease from the previous quarter (Q3 2023), and a -1.93% decrease year-over-year (Q4 2022).
What is Quest Diagnostics’s revenue growth rate?
Quest Diagnostics's revenue growth rate for the last 3 years (2021-2023) was -14.24%, and for the last 5 years (2019-2023) was 19.75%.
What are Quest Diagnostics’s revenue streams?
Quest Diagnostics's revenue streams in c 23 are Other Segments, and Diagnostic Information Services Business. Other Segments generated $276M in revenue, accounting 2.98% of the company's total revenue, up 0.73% year-over-year. Diagnostic Information Services Business generated $8.98B in revenue, accounting 97.02% of the company's total revenue, down -6.59% year-over-year.
What is Quest Diagnostics’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Quest Diagnostics was Diagnostic Information Services Business. This segment made a revenue of $8.98B, representing 97.02% of the company's total revenue.