Service revenue — Cost of revenue
Idexx Laboratories Service revenue — Cost of revenue increased by 3.8% to $223.65M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $199.52M to $223.65M. Over 4 years (FY 2021 to FY 2025), Service revenue — Cost of revenue shows an upward trend with a 5.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to service revenue suggests declining operational efficiency or rising labor and infrastructure costs, while a decrease indicates improved service delivery margins.
Detailed definition
This metric represents the direct costs incurred to deliver diagnostic, software, and consulting services, including per...
Peer comparison
Comparable to cost of services sold (COSS) in healthcare services or SaaS-enabled hardware companies, reflecting the direct cost of labor and infrastructure.
idxx_segment_service_revenue_cost_of_revenueHistorical Data
| 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 | $167.00M | $170.75M | $171.70M | $175.73M | $179.19M | $176.48M | $175.08M | $183.61M | $190.78M | $189.02M | $189.62M | $194.26M | $203.78M | $203.23M | $201.23M | $199.52M | $209.58M | $214.92M | $215.49M | $223.65M |
| QoQ Change | — | +2.2% | +0.6% | +2.3% | +2.0% | -1.5% | -0.8% | +4.9% | +3.9% | -0.9% | +0.3% | +2.4% | +4.9% | -0.3% | -1.0% | -0.9% | +5.0% | +2.6% | +0.3% | +3.8% |
| YoY Change | — | — | — | — | +7.3% | +3.4% | +2.0% | +4.5% | +6.5% | +7.1% | +8.3% | +5.8% | +6.8% | +7.5% | +6.1% | +2.7% | +2.8% | +5.8% | +7.1% | +12.1% |
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Frequently Asked Questions
- What is Idexx Laboratories's service revenue — cost of revenue?
- Idexx Laboratories (IDXX) reported service revenue — cost of revenue of $223.65M in Q1 2026.
- How has Idexx Laboratories's service revenue — cost of revenue changed year-over-year?
- Idexx Laboratories's service revenue — cost of revenue increased by 12.1% year-over-year, from $199.52M to $223.65M.
- What is the long-term trend for Idexx Laboratories's service revenue — cost of revenue?
- Over 4 years (2021 to 2025), Idexx Laboratories's service revenue — cost of revenue has grown at a 5.8% compound annual growth rate (CAGR), from $669.11M to $839.51M.
- What does service revenue — cost of revenue mean?
- The direct costs associated with delivering diagnostic and software services to customers.