Discontinued — last reported Q3 '24

Business Segments · Operating Income (Loss)

Water segment revenue — Operating Income (Loss)

Idexx Laboratories Water segment revenue — Operating Income (Loss) increased by 15.1% to $23.61M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $20.33M to $23.61M. Over 2 years (FY 2021 to FY 2023), Water segment revenue — Operating Income (Loss) shows an upward trend with a 6.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or higher margins within the water testing business, while a decrease may suggest rising costs or pricing pressure in the water diagnostics market.

Detailed definition

This metric represents the operating profitability of the company's water quality testing business segment. It is calcul...

Peer comparison

Comparable to operating income segments in other life sciences or environmental testing companies that provide specialized diagnostic equipment and consumables.

Metric ID: idxx_segment_water_segment_revenue_operating_income_loss

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$17.23M$17.60M$15.85M$16.65M$17.92M$19.92M$18.02M$16.97M$19.82M$20.33M$17.22M$19.43M$20.50M$23.61M
QoQ Change+2.2%-10.0%+5.1%+7.6%+11.2%-9.6%-5.8%+16.8%+2.6%-15.3%+12.8%+5.5%+15.1%
YoY Change+4.0%+13.2%+13.7%+1.9%+10.6%+2.0%-4.4%+14.5%+3.5%+16.1%
Range$15.85M$23.61M
CAGR+10.2%
Avg YoY Growth+7.5%
Median YoY Growth+7.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Idexx Laboratories's water segment revenue — operating income (loss)?
Idexx Laboratories (IDXX) reported water segment revenue — operating income (loss) of $23.61M in Q3 2024.
How has Idexx Laboratories's water segment revenue — operating income (loss) changed year-over-year?
Idexx Laboratories's water segment revenue — operating income (loss) increased by 16.1% year-over-year, from $20.33M to $23.61M.
What is the long-term trend for Idexx Laboratories's water segment revenue — operating income (loss)?
Over 2 years (2021 to 2023), Idexx Laboratories's water segment revenue — operating income (loss) has grown at a 6.6% compound annual growth rate (CAGR), from $65.44M to $74.34M.
What does water segment revenue — operating income (loss) mean?
The operating profit generated specifically by the company's water quality testing business segment.