Operating Income
Gross Profit
Idexx Laboratories Gross Profit increased by 9.8% to $722.74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.9%, from $623.38M to $722.74M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 8.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
gross_profitHistorical Data
20 periods
| 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 | $489.31M | $472.92M | $456.42M | $498.75M | $514.03M | $506.63M | $484.93M | $542.97M | $572.85M | $547.98M | $526.17M | $593.07M | $619.16M | $596.04M | $570.66M | $623.38M | $694.73M | $683.35M | $658.11M | $722.74M |
| QoQ Change | — | -3.3% | -3.5% | +9.3% | +3.1% | -1.4% | -4.3% | +12.0% | +5.5% | -4.3% | -4.0% | +12.7% | +4.4% | -3.7% | -4.3% | +9.2% | +11.4% | -1.6% | -3.7% | +9.8% |
| YoY Change | — | — | — | — | +5.1% | +7.1% | +6.2% | +8.9% | +11.4% | +8.2% | +8.5% | +9.2% | +8.1% | +8.8% | +8.5% | +5.1% | +12.2% | +14.6% | +15.3% | +15.9% |
Range$456.42M – $722.74M
CAGR+8.6%
Avg YoY Growth+9.6%
Median YoY Growth+8.6%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| CAG | $569.07M | $544.46M | $519.41M | $574.82M | $642.10M | $627.46M | $604.29M | $667.51M |
| Water segment revenue | $32.07M | $34.76M | $32.69M | $32.07M | $35.51M | $38.06M | $33.65M | $36.54M |
| LPD | $15.56M | $14.63M | $17.14M | $14.37M | $14.93M | $15.95M | $18.97M | $16.91M |
| Total | $619.16M | $596.04M | $570.66M | $623.38M | $694.73M | $683.35M | $658.11M | $722.74M |
Gross Profit at Other Companies
Frequently Asked Questions
- What is Idexx Laboratories's gross profit?
- Idexx Laboratories (IDXX) reported gross profit of $722.74M in Q1 2026.
- How has Idexx Laboratories's gross profit changed year-over-year?
- Idexx Laboratories's gross profit increased by 15.9% year-over-year, from $623.38M to $722.74M.
- What is the long-term trend for Idexx Laboratories's gross profit?
- Over 4 years (2021 to 2025), Idexx Laboratories's gross profit has grown at a 8.9% compound annual growth rate (CAGR), from $1.89B to $2.66B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.