Idexx Laboratories CAG Diagnostics capital - instruments — Total Revenue decreased by 27.0% to $42.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.7%, from $31.99M to $42.45M. Over 4 years (FY 2021 to FY 2025), CAG Diagnostics capital - instruments — Total Revenue shows an upward trend with a 7.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates strong adoption of the company's diagnostic hardware platform and potential for future recurring consumable sales, while a decrease may signal market saturation or increased competition in the veterinary equipment space.
This metric represents the total revenue generated from the sale and lease of diagnostic capital equipment, specifically...
Comparable to capital equipment revenue in medical device or life sciences companies, where hardware sales act as a gateway to high-margin recurring reagent or consumable revenue streams.
idxx_segment_cag_diagnostics_capital_instruments_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 | $37.29M | $37.29M | $37.29M | $36.83M | $36.83M | $36.83M | $36.83M | $33.14M | $34.05M | $32.25M | $38.15M | $34.09M | $35.29M | $29.53M | $33.02M | $31.99M | $58.60M | $51.48M | $58.13M | $42.45M |
| QoQ Change | — | +0.0% | +0.0% | -1.2% | +0.0% | +0.0% | +0.0% | -10.0% | +2.7% | -5.3% | +18.3% | -10.6% | +3.5% | -16.3% | +11.8% | -3.1% | +83.2% | -12.2% | +12.9% | -27.0% |
| YoY Change | — | — | — | — | -1.2% | -1.2% | -1.2% | -10.0% | -7.5% | -12.4% | +3.6% | +2.9% | +3.6% | -8.5% | -13.5% | -6.2% | +66.0% | +74.3% | +76.1% | +32.7% |