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.
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.
This metric represents the total gross income generated from the sale of physical diagnostic equipment, test kits, and r...
Peers in the medical and veterinary diagnostics space typically report this as product revenue, often contrasted against service or software-based revenue streams.
idxx_segment_product_revenue_total_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |