What Quest Diagnostics's latest 10-Q says: 6 signals
Quest Diagnostics filed its latest 10-Q with the SEC on Jul 23, 2026. It discusses acquisition completed, automation investment and capex increase.
Public (DGX)Hospitals and Health Care10,000+ employeesquestdiagnostics.comLinkedIn
- Filed
- Jul 23, 2026
- Filings
- 2
- Signals
- 12
10-Q · latest 9
What Quest Diagnostics's 10-Q filings say
- SEC EDGAR
10-Q
Filed · 6 signals
SVP Commercial Officer, General Counsel & Director adopt 10b5-1 stock selling plans in Q2 2026
SVP Chief Commercial Officer Mark Delaney, SVP General Counsel Mike Prevoznik, and Director Gary Pfeiffer all adopted new Rule 10b5-1 stock selling plans in April and May 2026.
Quest plans $550M in 2026 capital expenditures for IT, automation, and facilities
The company has allocated $550 million for 2026 capex, with a focus on modernizing IT infrastructure, implementing laboratory automation, and upgrading facilities.
$550M
Estimated 2026 capital expenditures
laboratory automationinformation technology
Billing and collection efficiency declines as Days Sales Outstanding (DSO) increases to 50 days
Days Sales Outstanding (DSO) increased from 47 to 50 days year-over-year, indicating a worsening of billing and collection efficiency.
Quest increases spending on business acquisitions and capex by $47M in H1 2026.
The company increased its net cash used in investing activities by $47 million year-over-year, explicitly citing higher spending on business acquisitions and capital expenditures.
$47M
Year-over-year increase in cash used for investing activities (capex & acquisitions) in H1 2026.
Company actively refinances debt, issuing new 2036 Senior Notes and repaying $500M in Q2 2026
Quest Diagnostics is actively managing its capital structure, having issued new 5.000% Senior Notes due 2036 while repaying $500 million of its 3.45% Senior Notes at maturity.
$500M
Repayment of 3.45% Senior Notes due June 1, 2026
The Bank of New York Mellon
- SEC EDGAR
10-Q
Filed · 6 signals
Quest Diagnostics budgets $550M for 2026 capital expenditures, focusing on IT and lab automation.
The company plans to invest $550 million in 2026 for capital expenditures.
$550M
2026 capital expenditure budget
laboratory automationsinformation technology
$500M in senior notes due June 1, 2026, prompting refinancing or repayment activity.
Quest has a $500 million debt maturity on June 1, 2026.
$500M
Senior notes maturing on June 1, 2026
Operating cash flow decreased by $36M YoY due to timing of payments and higher bonuses.
Net cash from operations fell to $278 million from $314 million year-over-year.
$36M
Decrease in net cash provided by operating activities YoY
Increased cash used for business acquisitions in Q1 2026, totaling $38M.
The company's cash used for investing activities increased by $37 million YoY, driven by $38M in business acquisitions.
$38M
Cash used for business acquisitions in Q1 2026
Showing 9 of 12 filing signals. The Signal API returns all of them.
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Quest Diagnostics earnings headlines
From earnings call transcripts (Signal API type earnings-transcripts).
| Call date | What the company said |
|---|---|
| Launching multi-year, $300M+ 'Project Nova' digital transformation with Epic.Quest is undertaking a massive 5-7 year order-to-cash transformation, deploying Epic's Beaker (LIS), MyChart, and Care Everywhere. This signals significant, long-term IT budget for modernizing systems and improving customer experience, creating opportunities for implementation partners and ancillary tech vendors. | |
| Secured $1B annual revenue joint venture with Corewell Health.Quest is establishing a massive lab services joint venture in Michigan, its largest 'Co-Lab' implementation to date. Scaling operations across Corewell's 21 hospital labs will require significant investment in supply chain, lab analytics, and operational support systems. | |
| Facing $100M revenue headwind from PAMA reimbursement cuts next year.Leadership is bracing for a potential $100 million negative impact from PAMA reimbursement cuts next year. This significant cost pressure makes the company highly receptive to solutions that can offset the loss through cost savings, process optimization, and improved efficiency. | |
| Targeting 3% annual cost savings via 'Invigorate' program using AI & automation.The ongoing 'Invigorate' program aims for 3% annual productivity gains by deploying automation and AI to digitize processes. This creates a clear opening for vendors offering solutions that improve operational efficiency, quality, and productivity with a demonstrable ROI. | |
| Facing rising employee healthcare costs, creating a significant margin headwind.The CFO explicitly identified higher-than-expected employee medical expenses as a 'fairly significant headwind' on margins, costing 40-50 basis points. This quantified pain point makes the company receptive to solutions from benefits consultants, wellness platforms, and healthcare cost containment vendors. | |
| Delivered robust revenue growth of 13.1%, with 6.8% organic growth.The company's strong top-line performance, driven by broad-based demand and acquisitions, significantly outpaces market norms. This financial strength and accelerating growth indicate a healthy company with available budget for new projects and investments. |
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Questions about Quest Diagnostics 10-Q
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Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .