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Idexx Laboratories Inc's Business Segments
Idexx Laboratories Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
4
Largest Segment
Companion Animal Group
Total Revenue
$ 1,217
Regions Reported
3
Revenue Share by Reportable Segment - Q2 FY2026
- Companion Animal Group91.9%
- Water4.8%
- Livestock and Poultry Diagnostics2.9%
- Corporate and Unallocated0.4%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Companion Animal Group | $ 1,118 | 91.9% |
| Water | $ 59 | 4.8% |
| Livestock and Poultry Diagnostics | $ 35 | 2.9% |
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Revenue Share by Region - Q2 FY2026
- EMEA21.8%
- Asia Pacific8.3%
- Latin American and Caribbean2.1%
Revenue by Geographic Region - Q2 FY2026
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| EMEA | $ 266 | 21.8% |
| Asia Pacific | $ 101 | 8.3% |
| Latin American and Caribbean | $ 26 | 2.1% |
Revenue by Product & Service Category - Q2 FY2026
- CAG Diagnostics Recurring Revenue80.1%
- Product59.1%
- Service40.9%
- VetLab Consumables35.4%
- Reference Laboratory Diagnostic and Consulting Services33.4%
- Rapid Assay Products8.3%
- Veterinary Software Services and Diagnostic Imaging Systems7.9%
- Recurring Revenue6.3%
- CAG Diagnostic Capital Instruments3.9%
- CAG Diagnostics Service and Accessories3%
- Systems and Hardware1.6%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| CAG Diagnostics Recurring Revenue | $ 975 | 80.1% |
| Product | $ 719 | 59.1% |
| Service | $ 498 | 40.9% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Idexx Laboratories Inc
IDEXX Laboratories Inc. is a prominent global entity specializing in diagnostics, software, and solutions tailored specifically for the veterinary, livestock, and poultry sectors. Established in 1983 and headquartered in Westbrook, Maine, the company has significantly expanded its reach and capabilities over the decades, positioning itself as a leader in animal healthcare. IDEXXs broad spectrum of products and services is crucial for the effective diagnosis and management of diseases affecting various animal populations.
One of the core aspects of IDEXX is its extensive product portfolio, which includes a diverse array of diagnostic tests designed to identify infectious diseases. Notable tests include those for parvovirus, Lyme disease, and feline leukemia, which are vital for veterinary practices in assessing and treating ailments that affect companion animals. Moreover, IDEXX offers sophisticated tests to monitor organ functions and blood parameters, providing veterinarians with critical information that aids in the diagnosis and management of a myriad of health conditions.
In terms of diagnostic technology, IDEXX has developed state-of-the-art point-of-care analyzers. The IDEXX VetLab Station and the IDEXX SNAP Pro Analyzer exemplify the company’s commitment to delivering rapid and accurate diagnostic results directly at the point of care. These tools empower veterinary professionals to make timely and informed decisions, enhancing the quality of care provided to animals.
IDEXXs influence extends beyond diagnostics, encompassing comprehensive software solutions to support veterinary practices in their everyday operations. A highlight is the IDEXX Neo software, a cloud-based practice management platform that streamlines various workflows within veterinary settings. This software not only simplifies administrative tasks such as billing and patient record management but also enhances veterinary-client communication and ultimately improves patient care.
The company boasts a remarkable global footprint, operating in over 175 countries and employing more than 9,000 professionals worldwide. This extensive network underscores IDEXXs ability to deliver its innovative solutions to veterinary practices and animal health providers around the globe. As an industry leader, IDEXX Laboratories Inc. generates substantial annual revenue, exceeding $2 billion, reflecting its significant impact on the animal healthcare landscape.
IDEXXs sustained success can be attributed to its unwavering commitment to research and development. The companys investment in innovation has led to the creation of numerous advanced products and solutions, solidifying its position at the forefront of the animal healthcare industry. Through its dedication to enhancing diagnostics, treatment, and management solutions for veterinary care, livestock, and poultry, IDEXX continuously improves the standards of animal health and welfare globally. Furthermore, its recognition as one of the best places to work in the United States highlights the companys strong culture and values, which contribute to its ability to attract and retain top talent in the field.
In summary, IDEXX Laboratories Inc. plays an integral role in the realm of animal healthcare, providing comprehensive diagnostic tools, innovative software solutions, and exceptional support for veterinary practices and animal health providers worldwide. Its legacy of excellence is reflected in its innovative offerings and its steadfast commitment to improving the health and well-being of animals across the globe.
One of the core aspects of IDEXX is its extensive product portfolio, which includes a diverse array of diagnostic tests designed to identify infectious diseases. Notable tests include those for parvovirus, Lyme disease, and feline leukemia, which are vital for veterinary practices in assessing and treating ailments that affect companion animals. Moreover, IDEXX offers sophisticated tests to monitor organ functions and blood parameters, providing veterinarians with critical information that aids in the diagnosis and management of a myriad of health conditions.
In terms of diagnostic technology, IDEXX has developed state-of-the-art point-of-care analyzers. The IDEXX VetLab Station and the IDEXX SNAP Pro Analyzer exemplify the company’s commitment to delivering rapid and accurate diagnostic results directly at the point of care. These tools empower veterinary professionals to make timely and informed decisions, enhancing the quality of care provided to animals.
IDEXXs influence extends beyond diagnostics, encompassing comprehensive software solutions to support veterinary practices in their everyday operations. A highlight is the IDEXX Neo software, a cloud-based practice management platform that streamlines various workflows within veterinary settings. This software not only simplifies administrative tasks such as billing and patient record management but also enhances veterinary-client communication and ultimately improves patient care.
The company boasts a remarkable global footprint, operating in over 175 countries and employing more than 9,000 professionals worldwide. This extensive network underscores IDEXXs ability to deliver its innovative solutions to veterinary practices and animal health providers around the globe. As an industry leader, IDEXX Laboratories Inc. generates substantial annual revenue, exceeding $2 billion, reflecting its significant impact on the animal healthcare landscape.
IDEXXs sustained success can be attributed to its unwavering commitment to research and development. The companys investment in innovation has led to the creation of numerous advanced products and solutions, solidifying its position at the forefront of the animal healthcare industry. Through its dedication to enhancing diagnostics, treatment, and management solutions for veterinary care, livestock, and poultry, IDEXX continuously improves the standards of animal health and welfare globally. Furthermore, its recognition as one of the best places to work in the United States highlights the companys strong culture and values, which contribute to its ability to attract and retain top talent in the field.
In summary, IDEXX Laboratories Inc. plays an integral role in the realm of animal healthcare, providing comprehensive diagnostic tools, innovative software solutions, and exceptional support for veterinary practices and animal health providers worldwide. Its legacy of excellence is reflected in its innovative offerings and its steadfast commitment to improving the health and well-being of animals across the globe.
IDEXX Laboratories Inc. is a premier global provider of diagnostic and information technology-based solutions aimed at enhancing animal healthcare. The company focuses on advancing veterinary diagnostics, improving water quality testing, and ensuring animal health management across various sectors. IDEXX is known for its commitment to innovation and provides a comprehensive portfolio tailored to meet the diverse needs of its clientele, which includes veterinary practitioners, livestock producers, environmental agencies, and government institutions. Below is an extensive and detailed overview of IDEXX’s operational segments, along with the range of products and services offered in each segment.
Segments:
1. Companion Animal Group (CAG):
This segment specializes in diagnostic solutions for companion animals, predominantly dogs and cats. It aims to streamline diagnostic processes and enhance the accuracy of results, ultimately contributing to better patient care and clinical outcomes.
2. Water:
The Water segment focuses on providing reliable water testing solutions, catering to various industries such as municipal, industrial, and environmental sectors. This segment emphasizes the assurance of water quality and safety through its innovative testing methodologies.
3. Livestock, Poultry, and Dairy (LPD):
Dedicated to animal health within livestock, poultry, and dairy farming, this segment provides diagnostics, services, and solutions that help producers manage the health and productivity of their herds effectively.
4. Other:
This segment includes IDEXXs offerings in pharmaceutical products and reference laboratory services. It enhances the companys capabilities in veterinary pharmaceuticals while supplementing its diagnostic service portfolio.
Products and Services:
1. Companion Animal Group (CAG):
- IDEXX VetLab Station: A sophisticated diagnostic platform that integrates multiple testing systems to provide real-time blood chemistry and hematology results, significantly improving workflow in veterinary practices.
- IDEXX Catalyst One Chemistry Analyzer: A compact and efficient analyzer for conducting a broad spectrum of blood chemistry tests rapidly, enabling veterinarians to make informed medical decisions swiftly.
- IDEXX SDMA Test: A groundbreaking test that measures levels of symmetric dimethylarginine (SDMA) in blood, serving as an early indicator of kidney disease in dogs and cats, which is crucial for preemptive healthcare management.
- IDEXX Comprehensive Canine and Feline Wellness Panels: Diagnostic panels that assess multiple health parameters to monitor the overall health status and detect diseases early in pets.
Water:
- IDEXX Colilert Test: A rapid and reliable test for detecting and quantifying coliform bacteria, including E. coli, in water samples, which plays a vital role in microbiological water quality assessments.
- IDEXX MPN Quanti-Tray Test: Utilizing the Most Probable Number (MPN) method, this test accurately enumerates coliform bacteria and E. coli, supporting public health standards and water quality regulations.
- IDEXX Legiolert Test: A dedicated test for identifying Legionella bacteria in water systems, crucial for preventing Legionellosis, a severe illness linked to contaminated water.
- IDEXX Water Quality Monitoring Solutions: Comprehensive tools and services to monitor and ensure the integrity of water quality over time, catering to environmental agencies and municipalities.
Livestock, Poultry, and Dairy (LPD):
- IDEXX Bovine and Swine Diagnostics: A range of diagnostic solutions, including tests for Bovine Viral Diarrhea (BVD), Milk Pregnancy Testing, and Porcine Reproductive and Respiratory Syndrome (PRRS) to optimize herd health and productivity.
- IDEXX Portable Animal Health Diagnostic Solutions: On-farm diagnostic tools that empower livestock producers to quickly and accurately diagnose health conditions, enhancing animal welfare and reducing economic losses.
- IDEXX Dairy Herd Health Solutions: Tools for monitoring dairy cattle health, ensuring optimal milk production, and managing herd health effectively with real-time diagnostics.
Other:
- IDEXX Reference Laboratories: A network of high-quality laboratory diagnostic testing services providing extensive analyses, including molecular diagnostics, pathology, and parasitology to veterinarians and researchers for informed decision-making.
- IDEXX Pharmaceuticals: A comprehensive suite of veterinary pharmaceuticals, including antibiotics, analgesics, and anesthetics, ensuring that veterinary practices are equipped with all essential medical supplies for patient care.
- IDEXX Education and Training Services: IDEXX offers professional development programs and resources for veterinarians and technicians to enhance their diagnostic skills and improve veterinary practice management.
Conclusion:
In conclusion, IDEXX Laboratories Inc. is at the forefront of delivering innovative diagnostic and information solutions that significantly improve animal healthcare outcomes. By organizing its operations into the distinct segments of Companion Animal Group, Water, Livestock, Poultry, and Dairy, and Other, IDEXX provides an extensive array of products and services that address the multifaceted needs of its customers. The companys unwavering commitment to quality and innovation positions it as a key player in the global animal health market, contributing meaningfully to advancements in veterinary care and public health.
Segments:
1. Companion Animal Group (CAG):
This segment specializes in diagnostic solutions for companion animals, predominantly dogs and cats. It aims to streamline diagnostic processes and enhance the accuracy of results, ultimately contributing to better patient care and clinical outcomes.
2. Water:
The Water segment focuses on providing reliable water testing solutions, catering to various industries such as municipal, industrial, and environmental sectors. This segment emphasizes the assurance of water quality and safety through its innovative testing methodologies.
3. Livestock, Poultry, and Dairy (LPD):
Dedicated to animal health within livestock, poultry, and dairy farming, this segment provides diagnostics, services, and solutions that help producers manage the health and productivity of their herds effectively.
4. Other:
This segment includes IDEXXs offerings in pharmaceutical products and reference laboratory services. It enhances the companys capabilities in veterinary pharmaceuticals while supplementing its diagnostic service portfolio.
Products and Services:
1. Companion Animal Group (CAG):
- IDEXX VetLab Station: A sophisticated diagnostic platform that integrates multiple testing systems to provide real-time blood chemistry and hematology results, significantly improving workflow in veterinary practices.
- IDEXX Catalyst One Chemistry Analyzer: A compact and efficient analyzer for conducting a broad spectrum of blood chemistry tests rapidly, enabling veterinarians to make informed medical decisions swiftly.
- IDEXX SDMA Test: A groundbreaking test that measures levels of symmetric dimethylarginine (SDMA) in blood, serving as an early indicator of kidney disease in dogs and cats, which is crucial for preemptive healthcare management.
- IDEXX Comprehensive Canine and Feline Wellness Panels: Diagnostic panels that assess multiple health parameters to monitor the overall health status and detect diseases early in pets.
Water:
- IDEXX Colilert Test: A rapid and reliable test for detecting and quantifying coliform bacteria, including E. coli, in water samples, which plays a vital role in microbiological water quality assessments.
- IDEXX MPN Quanti-Tray Test: Utilizing the Most Probable Number (MPN) method, this test accurately enumerates coliform bacteria and E. coli, supporting public health standards and water quality regulations.
- IDEXX Legiolert Test: A dedicated test for identifying Legionella bacteria in water systems, crucial for preventing Legionellosis, a severe illness linked to contaminated water.
- IDEXX Water Quality Monitoring Solutions: Comprehensive tools and services to monitor and ensure the integrity of water quality over time, catering to environmental agencies and municipalities.
Livestock, Poultry, and Dairy (LPD):
- IDEXX Bovine and Swine Diagnostics: A range of diagnostic solutions, including tests for Bovine Viral Diarrhea (BVD), Milk Pregnancy Testing, and Porcine Reproductive and Respiratory Syndrome (PRRS) to optimize herd health and productivity.
- IDEXX Portable Animal Health Diagnostic Solutions: On-farm diagnostic tools that empower livestock producers to quickly and accurately diagnose health conditions, enhancing animal welfare and reducing economic losses.
- IDEXX Dairy Herd Health Solutions: Tools for monitoring dairy cattle health, ensuring optimal milk production, and managing herd health effectively with real-time diagnostics.
Other:
- IDEXX Reference Laboratories: A network of high-quality laboratory diagnostic testing services providing extensive analyses, including molecular diagnostics, pathology, and parasitology to veterinarians and researchers for informed decision-making.
- IDEXX Pharmaceuticals: A comprehensive suite of veterinary pharmaceuticals, including antibiotics, analgesics, and anesthetics, ensuring that veterinary practices are equipped with all essential medical supplies for patient care.
- IDEXX Education and Training Services: IDEXX offers professional development programs and resources for veterinarians and technicians to enhance their diagnostic skills and improve veterinary practice management.
Conclusion:
In conclusion, IDEXX Laboratories Inc. is at the forefront of delivering innovative diagnostic and information solutions that significantly improve animal healthcare outcomes. By organizing its operations into the distinct segments of Companion Animal Group, Water, Livestock, Poultry, and Dairy, and Other, IDEXX provides an extensive array of products and services that address the multifaceted needs of its customers. The companys unwavering commitment to quality and innovation positions it as a key player in the global animal health market, contributing meaningfully to advancements in veterinary care and public health.
