Idexx Laboratories
IDEXX Laboratories is a global leader in the development, manufacture, and distribution of diagnostic products and information technology solutions for the animal health and water testing industries. The company provides a comprehensive ecosystem of point-of-care instruments, reference laboratory services, and practice management software designed to enhance the health and well-being of pets and livestock. Its value proposition centers on integrating diagnostic data through cloud-based platforms and proprietary AI to improve clinical decision-making for veterinarians.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Companion Animal Group (CAG)
primaryThis segment provides diagnostic and information management solutions for the veterinary industry, combining in-clinic point-of-care analyzers with a global network of reference laboratories. It focuses on delivering real-time results and integrated data visualization for pet health monitoring and disease diagnosis.
Catalyst One Chemistry Analyzer, ProCyte One, SediVue Dx Analyzer, IDEXX inVue Dx Cellular Analyzer, SNAP 4Dx Plus, VetConnect PLUS, IDEXX VetLab Station, IDEXX Cancer Dx Panel
Veterinary clinics, Animal hospitals, Biomedical research institutions
Water Quality Products
moderateThis segment develops and manufactures products used to test water for microbiological contaminants. These solutions are used to ensure the safety of drinking water and other water sources by detecting pathogens like E. coli and coliforms.
Colilert, Enterolert, Pseudalert
Water utilities, Government laboratories, Commercial testing facilities
Livestock, Poultry and Dairy (LPD)
moderateLPD provides diagnostic tests and software monitoring services for livestock and poultry health. These products help manage herd health, improve productivity, and ensure the safety of dairy and meat products.
ELISA tests, PCR tests, Bovine pregnancy tests
Livestock producers, Poultry farmers, Dairy processors, Government agencies
Segment Financials
CAG Diagnostics services and accessories — Total Revenue
View metricCAG — Total Revenue
View metricCAG — Cost of revenue
View metricWater segment revenue — Total Revenue
View metricWater segment revenue — Cost of revenue
View metricIDEXX VetLab consumables — Total Revenue
View metricLPD — Total Revenue
View metricLPD — Cost of revenue
View metricLPD — D&A
View metricBusiness Overview
Competitive Position
IDEXX is a dominant market leader in the companion animal diagnostics space, leveraging a high-margin recurring revenue model driven by instrument consumables and a massive installed base.
Geographies
North America, Europe, Asia-Pacific, Latin America
Customer Segments
Veterinary Practices, Agricultural Producers, Municipalities, Research Laboratories
Upstream Dependencies
Electronic component manufacturers, Chemical and reagent suppliers, Logistics and courier services, Cloud infrastructure providers
Downstream Customers
Veterinary clinics, Reference laboratories, Public water utilities, Agribusinesses
Competitors & Partners
Competitors
Similar Companies
Subsidiaries
ezyVet
Cloud-based practice management software provider
Idexx Laboratories FAQ
Common questions about Idexx Laboratories
IDEXX Laboratories is a global leader in the development, manufacture, and distribution of diagnostic products and information technology solutions for the animal health and water testing industries. The company provides a comprehensive ecosystem of point-of-care instruments, reference laboratory services, and practice management software designed to enhance the health and well-being of pets and livestock. Its value proposition centers on integrating diagnostic data through cloud-based platforms and proprietary AI to improve clinical decision-making for veterinarians.
Idexx Laboratories (IDXX) has a market capitalization of $41.7B and trades on NASDAQ.
Idexx Laboratories generated $4.4B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 24.6%. Gross margin stands at 62.1%, with free cash flow of $1.1B. These figures are based on the Q1 2026 filing.
Idexx Laboratories's key competitors include Thermo Fisher Scientific Inc., Zoetis Inc., Danaher Corporation, and others. These companies compete in similar markets and product categories.
Idexx Laboratories has approximately 11,000 employees.