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Idexx Laboratories IDXX CAG — Cost of revenue

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Other financials

Income statement

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Revenue$1.1B+14.3%
Gross profit$722.7M+15.9%
Operating income$362.6M+14.5%
Net income$278.4M+14.7%
EPS (diluted)$3.47+17.2%

Balance sheet

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Cash & equivalents$200.5M+22.3%
Total debt$575.5M-22.2%
Total equity$1.6B+7.5%
Total assets$3.4B+5.3%

Cash flow

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Operating cash flow$266.2M+11.9%
CapEx$32.0M+6.5%
Free cash flow$234.3M+12.7%

Valuation

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Market cap$43.5B+2.0%
Enterprise value$43.88B+1.7%
P/E39.7×-3.6×
P/S9.8×-0.8×

Profitability

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Gross margin62.1%+0.8pp
Operating margin31.6%+2.5pp
Net margin24.6%+1.9pp
FCF margin24.4%+2.8pp

Returns & leverage

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Return on equity72.9%+13.6pp
Debt / equity0.4×-0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Idexx Laboratories in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Idexx Laboratories’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Idexx Laboratories's CAG — cost of revenue?
Idexx Laboratories (IDXX) reported CAG — cost of revenue of $386.54M in Q1 2026.
How has Idexx Laboratories's CAG — cost of revenue changed year-over-year?
Idexx Laboratories's CAG — cost of revenue increased by 12.0% year-over-year, from $345.01M to $386.54M.
What is the long-term trend for Idexx Laboratories's CAG — cost of revenue?
Over 3 years (2022 to 2025), Idexx Laboratories's CAG — cost of revenue has grown at a 6.3% compound annual growth rate (CAGR), from $1.25B to $1.5B.
What does CAG — cost of revenue mean?
This metric captures the direct costs associated with producing and delivering the diagnostic products and services within the Companion Animal Group segment. It includes raw materials, manufacturing labor, and the costs of providing reference laboratory services. Monitoring this figure is essential for assessing the direct production efficiency and supply chain management of the segment.