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Idexx Laboratories IDXX CAG — Gross Profit

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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$43.78B+2.0%
Enterprise value$44.15B+1.7%
P/E40×-3.6×
P/S9.9×-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:GrossProfit.

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 — gross profit?
Idexx Laboratories (IDXX) reported CAG — gross profit of $667.51M in Q1 2026.
How has Idexx Laboratories's CAG — gross profit changed year-over-year?
Idexx Laboratories's CAG — gross profit increased by 16.1% year-over-year, from $574.82M to $667.51M.
What is the long-term trend for Idexx Laboratories's CAG — gross profit?
Over 3 years (2022 to 2025), Idexx Laboratories's CAG — gross profit has grown at a 10.7% compound annual growth rate (CAGR), from $1.81B to $2.45B.
What does CAG — gross profit mean?
This metric is calculated as the total revenue of the Companion Animal Group segment minus its direct cost of revenue. It represents the fundamental profitability of the segment before accounting for operating expenses like research and development or marketing. It is a key indicator of the pricing power and manufacturing efficiency of the company's core diagnostic business.