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Idexx Laboratories IDXX Product revenue — Total 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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 product revenue — total revenue?
Idexx Laboratories (IDXX) reported product revenue — total revenue of $666.12M in Q1 2026.
How has Idexx Laboratories's product revenue — total revenue changed year-over-year?
Idexx Laboratories's product revenue — total revenue increased by 16.2% year-over-year, from $573.05M to $666.12M.
What is the long-term trend for Idexx Laboratories's product revenue — total revenue?
Over 4 years (2021 to 2025), Idexx Laboratories's product revenue — total revenue has grown at a 7.9% compound annual growth rate (CAGR), from $1.88B to $2.54B.
What does product revenue — total revenue mean?
This metric represents the total gross income generated from the sale of physical diagnostic equipment, test kits, and related hardware products. It reflects the company's ability to monetize its installed base of diagnostic instruments and recurring consumable sales. Tracking this revenue stream helps investors assess the scale and market penetration of the company's physical product portfolio.