Idexx Laboratories IDXX Service revenue — Cost of revenue

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Questions, answered.

What is Idexx Laboratories's service revenue — cost of revenue?

Idexx Laboratories (IDXX) reported service revenue — cost of revenue of $223.65M in Q1 2026.

How has Idexx Laboratories's service revenue — cost of revenue changed year-over-year?

Idexx Laboratories's service revenue — cost of revenue increased by 12.1% year-over-year, from $199.52M to $223.65M.

What is the long-term trend for Idexx Laboratories's service revenue — cost of revenue?

Over 4 years (2021 to 2025), Idexx Laboratories's service revenue — cost of revenue has grown at a 5.8% compound annual growth rate (CAGR), from $669.11M to $839.51M.

What does service revenue — cost of revenue mean?

This metric represents the direct costs incurred to deliver diagnostic, software, and consulting services, including personnel costs for laboratory technicians, maintenance of diagnostic infrastructure, and software hosting expenses. It excludes indirect operating expenses such as sales, marketing, and general administrative costs. Monitoring this metric is essential for evaluating the operational efficiency and gross margin profile of the service-based business segment.