Products & Services · Total Revenue

Service revenue — Total Revenue

Idexx Laboratories Service revenue — Total Revenue increased by 8.3% to $474.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $425.38M to $474.70M. Over 4 years (FY 2021 to FY 2025), Service revenue — Total Revenue shows an upward trend with a 7.1% 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 growing adoption of the company's service ecosystem and higher recurring revenue stability, while a decrease may signal competitive pressure or reduced veterinary clinic activity.

Detailed definition

This metric represents the total gross income generated from providing diagnostic, consulting, and software-related serv...

Peer comparison

Comparable to service-based revenue streams in medical device or healthcare diagnostics companies that utilize a razor-and-blade business model.

Metric ID: idxx_segment_service_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$345.43M$338.63M$332.63M$358.17M$368.03M$360.66M$351.69M$394.25M$402.95M$394.04M$379.78M$421.05M$426.31M$407.56M$394.42M$425.38M$451.90M$449.08M$438.14M$474.70M
QoQ Change-2.0%-1.8%+7.7%+2.8%-2.0%-2.5%+12.1%+2.2%-2.2%-3.6%+10.9%+1.2%-4.4%-3.2%+7.8%+6.2%-0.6%-2.4%+8.3%
YoY Change+6.5%+6.5%+5.7%+10.1%+9.5%+9.3%+8.0%+6.8%+5.8%+3.4%+3.9%+1.0%+6.0%+10.2%+11.1%+11.6%
Range$332.63M$474.70M
CAGR+6.9%
Avg YoY Growth+7.2%
Median YoY Growth+6.7%

Frequently Asked Questions

What is Idexx Laboratories's service revenue — total revenue?
Idexx Laboratories (IDXX) reported service revenue — total revenue of $474.70M in Q1 2026.
How has Idexx Laboratories's service revenue — total revenue changed year-over-year?
Idexx Laboratories's service revenue — total revenue increased by 11.6% year-over-year, from $425.38M to $474.70M.
What is the long-term trend for Idexx Laboratories's service revenue — total revenue?
Over 4 years (2021 to 2025), Idexx Laboratories's service revenue — total revenue has grown at a 7.1% compound annual growth rate (CAGR), from $1.34B to $1.76B.
What does service revenue — total revenue mean?
The total amount of money earned from providing diagnostic, software, and consulting services to veterinary clients.