Recurring revenue — Total Revenue
Idexx Laboratories Recurring revenue — Total Revenue increased by 4.2% to $73.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $65.79M to $73.54M. Over 4 years (FY 2021 to FY 2025), Recurring revenue — Total Revenue shows an upward trend with a 17.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates higher customer loyalty and a more stable, predictable revenue base, while a decrease may suggest reliance on cyclical capital equipment sales.
Detailed definition
This metric represents the portion of total revenue generated from recurring sources, such as diagnostic test kits, refe...
Peer comparison
High-quality healthcare and diagnostic companies typically target high recurring revenue ratios to minimize volatility and improve long-term valuation multiples.
idxx_segment_recurring_revenue_total_revenueHistorical Data
| 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 | $36.87M | $36.87M | $36.87M | $45.24M | $45.24M | $45.24M | $45.24M | $51.71M | $53.73M | $54.61M | $54.56M | $59.70M | $63.12M | $64.64M | $62.90M | $65.79M | $68.95M | $70.99M | $70.60M | $73.54M |
| QoQ Change | — | +0.0% | +0.0% | +22.7% | +0.0% | +0.0% | +0.0% | +14.3% | +3.9% | +1.6% | -0.1% | +9.4% | +5.7% | +2.4% | -2.7% | +4.6% | +4.8% | +2.9% | -0.5% | +4.2% |
| YoY Change | — | — | — | — | +22.7% | +22.7% | +22.7% | +14.3% | +18.7% | +20.7% | +20.6% | +15.5% | +17.5% | +18.4% | +15.3% | +10.2% | +9.2% | +9.8% | +12.2% | +11.8% |
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Frequently Asked Questions
- What is Idexx Laboratories's recurring revenue — total revenue?
- Idexx Laboratories (IDXX) reported recurring revenue — total revenue of $73.54M in Q1 2026.
- How has Idexx Laboratories's recurring revenue — total revenue changed year-over-year?
- Idexx Laboratories's recurring revenue — total revenue increased by 11.8% year-over-year, from $65.79M to $73.54M.
- What is the long-term trend for Idexx Laboratories's recurring revenue — total revenue?
- Over 4 years (2021 to 2025), Idexx Laboratories's recurring revenue — total revenue has grown at a 17.0% compound annual growth rate (CAGR), from $147.50M to $276.34M.
- What does recurring revenue — total revenue mean?
- The percentage of total revenue derived from repeat purchases and ongoing service contracts rather than one-time equipment sales.