Products & Services · Total Revenue

Product revenue — Total Revenue

Idexx Laboratories Product revenue — Total Revenue increased by 2.1% to $666.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.2%, from $573.05M to $666.12M. Over 4 years (FY 2021 to FY 2025), Product revenue — Total Revenue shows an upward trend with a 7.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates strong demand for diagnostic hardware and recurring consumable test kits, suggesting healthy market adoption. A decrease may signal market saturation, increased competition, or a shift in customer preference toward service-based offerings.

Detailed definition

This metric represents the total gross income generated from the sale of physical diagnostic equipment, test kits, and r...

Peer comparison

Peers in the medical and veterinary diagnostics space typically report this as product revenue, often contrasted against service or software-based revenue streams.

Metric ID: idxx_segment_product_revenue_total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$480.72M$471.79M$468.46M$478.38M$492.52M$481.00M$476.87M$505.94M$540.68M$521.49M$521.83M$543.05M$577.27M$567.99M$559.87M$573.05M$657.56M$656.16M$652.44M$666.12M
QoQ Change-1.9%-0.7%+2.1%+3.0%-2.3%-0.9%+6.1%+6.9%-3.5%+0.1%+4.1%+6.3%-1.6%-1.4%+2.4%+14.7%-0.2%-0.6%+2.1%
YoY Change+2.5%+2.0%+1.8%+5.8%+9.8%+8.4%+9.4%+7.3%+6.8%+8.9%+7.3%+5.5%+13.9%+15.5%+16.5%+16.2%
Range$468.46M$666.12M
CAGR+7.1%
Avg YoY Growth+8.6%
Median YoY Growth+7.9%

Frequently Asked Questions

What is Idexx Laboratories's product revenue — total revenue?
Idexx Laboratories (IDXX) reported product revenue — total revenue of $666.12M in Q1 2026.
How has Idexx Laboratories's product revenue — total revenue changed year-over-year?
Idexx Laboratories's product revenue — total revenue increased by 16.2% year-over-year, from $573.05M to $666.12M.
What is the long-term trend for Idexx Laboratories's product revenue — total revenue?
Over 4 years (2021 to 2025), Idexx Laboratories's product revenue — total revenue has grown at a 7.9% compound annual growth rate (CAGR), from $1.88B to $2.54B.
What does product revenue — total revenue mean?
The total amount of money earned from selling physical diagnostic products and equipment.