Idexx Laboratories LPD — Gross Profit decreased by 10.9% to $16.91M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.7%, from $14.37M to $16.91M. Over 3 years (FY 2022 to FY 2025), LPD — Gross Profit shows a downward trend with a -4.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals improved pricing power or better production cost control, whereas a decrease indicates margin pressure from competition or rising input costs.
This metric represents the residual profit after subtracting the direct costs of revenue from the total revenue generate...
Comparable to segment-level gross profit metrics for companies operating in the veterinary or agricultural diagnostic equipment space.
idxx_segment_lpd_gross_profit| 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 | $18.25M | $18.25M | $18.25M | $18.25M | $16.36M | $16.36M | $16.36M | $16.36M | $15.23M | $15.56M | $14.63M | $17.14M | $14.37M | $14.93M | $15.95M | $18.97M | $16.91M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -10.4% | +0.0% | +0.0% | +0.0% | -6.9% | +2.1% | -6.0% | +17.2% | -16.2% | +3.9% | +6.8% | +19.0% | -10.9% |
| YoY Change | — | — | — | — | -10.4% | -10.4% | -10.4% | -10.4% | -6.9% | -4.9% | -10.6% | +4.8% | -5.7% | -4.0% | +9.0% | +10.7% | +17.7% |