IDEXX Laboratories (IDXX) revenue breakdown

Healthcare · Diagnostics & Research · Market cap $42.2B

By segment, CAG is the largest at 92% of fiscal 2025 revenue, growing 11% a year over 9 years.

By product, Product revenue is the largest at 59% of fiscal 2025 revenue; Service revenue grew fastest, 11% a year over 9 years.

Revenue by segment

Fiscal years, as IDEXX Laboratories reports them in its 10-K filings; fiscal 2025 total $4.3B.

Segments2016201720182019202020212022202320242025Share
CAG$1.5B$1.7B$1.9B$2.1B$2.4B$2.9B$3.1B$3.4B$3.6B$4.0B 92%
Water segment revenue$104M$114M$125M$133M$129M$147M$156M$168M$185M$201M 5%
LPD$126M$128M$131M$133M$146M$136M$123M$122M$122M$132M 3%

Revenue by product

Fiscal years, as IDEXX Laboratories reports them in its 10-K filings; fiscal 2025 total $4.3B.

Products2016201720182019202020212022202320242025Share
Product revenue$1.1B$1.2B$1.3B$1.4B$1.6B$1.9B$1.9B$2.1B$2.2B$2.5B 59%
Service revenue$704M$793M$891M$984M$1.1B$1.3B$1.4B$1.6B$1.6B$1.8B 41%

Revenue by region

Fiscal years, as IDEXX Laboratories reports them in its 10-K filings; fiscal 2025 total $4.3B.

Regions201720182019202020212022202320242025Share
United States$1.2B$1.4B$1.5B$1.7B$2.0B$2.2B$2.4B$2.5B$2.8B 64%
Other$100M$115M$122M$148M$168M$162M$176M$196M$230M 5%
Germany$88M$100M$104M$119M$147M$138M$150M$174M$207M 5%
Canada$84M$94M$100M$107M$140M$143M$150M$153M$167M 4%
United Kingdom$80M$88M$91M$90M$115M$110M$122M$135M$154M 4%
France$56M$60M$65M$75M$91M$84M$97M$111M$126M 3%
Other$49M$57M$61M$68M$90M$96M$104M$110M$124M 3%
Australia$57M$63M$71M$80M$94M$96M$95M$102M$112M 3%
Latin America & Caribbean$47M$51M$57M$52M$67M$75M$84M$84M$90M 2%
Japan$53M$60M$67M$75M$84M$78M$76M$73M$83M 2%
Spain$29M$34M$36M$39M$48M$47M$52M$62M$71M 2%
Italy$32M$37M$40M$43M$52M$48M$54M$58M$67M 2%
Switzerland$18M$20M$21M$25M$32M$31M$35M$37M$42M 1%
Netherlands$16M$18M$19M$23M$30M$27M$31M$34M$40M 1%
China$56M$58M$58M$71M$63M$49M$44M$36M$36M 1%
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Questions

Where does IDEXX Laboratories make its money?

In fiscal 2025, by segment: CAG $4.0B, Water segment revenue $201M, LPD $132M.

From IDEXX Laboratories's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.