Quest Diagnostics (DGX) Revenue & Revenue Breakdown

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Quest Diagnostics Revenue Highlights

Latest Revenue (Y)

$9.25B

Latest Revenue (Q)

$2.49B

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
2024-09-30	$2.49B	3.80%
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 $2.49B in revenue during Q3 2024, up 3.80% compared to the previous quarter, and up 106.42% 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
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
All other services	-	-	$294.00M	$298.00M	$321.00M

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	Sep 24	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
Diagnostic Information Services Business	$2.43B	$2.33B	$2.22B	$2.23B	$2.27B	$2.26B	$2.27B	$2.92B	$2.71B	$1.76B	$1.74B	$1.84B	$1.88B	-	-	-	-	-	-	-
Other Segments	-	-	$67.00M	$67.00M	$70.00M	$72.00M	$68.00M	$80.00M	$77.00M	$63.00M	$78.00M	$82.00M	$79.00M	-	-	-	-	-	-	-
All other services	-	-	-	-	-	-	-	$67.00M	$69.00M	$70.00M	$70.00M	$71.00M	$76.00M	$77.00M	-	-	-	-	-	-
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 and other services	-	-	-	-	-	-	-	$1.12B	$1.10B	$1.07B	-	-	-	-	-	-	-	-	-	-
Anatomic pathology testing services	-	-	-	-	-	-	-	$149.00M	$144.00M	$137.00M	$145.00M	$138.00M	$140.00M	$130.00M	-	-	-	-	-	-
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 Sep 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	$3.90B
DGX	Quest Diagnostics	$9.25B	$2.49B
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	$954.53M
IDXX	IDEXX Laboratories	$3.66B	$975.54M
WAT	Waters	$2.96B	$740.30M
RVTY	Revvity	$2.75B	$641.72M
SHC	Sotera Health Company	$1.05B	$285.47M
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 Q3 2024 was $2.49B, a 3.80% increase from the previous quarter (Q2 2024), and a 8.41% increase year-over-year (Q3 2023). The company'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). DGX'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).

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.