IDEXX Laboratories, Inc. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported revenue was USD 1,140.82 million compared to USD 998.43 million a year ago. Net income was USD 278.45 million compared to USD 242.68 million a year ago.
Basic earnings per share from continuing operations was USD 3.5 compared to USD 2.98 a year ago. Diluted earnings per share from continuing operations was USD 3.47 compared to USD 2.96 a year ago.
IDEXX Laboratories, Inc. is a world leader in the design, development and marketing of diagnostic test instruments for animal health monitoring and analysis of dairy products and water. Net sales break down by area of application as follows:
- veterinary diagnoses for pets (91.8%);
- water quality analysis (4.7%);
- veterinary diagnoses for livestock and poultry (3.1%): solutions that help detect infectious diseases in ruminants, pigs, poultry and horses. The group also offers test solutions for dairy products;
- other (0.4%).
Net sales by source of income break down between product sales (57.7%) and services (42.3%).
Net sales are distributed geographically as follows: the United States (65%), Canada (3.9%), Americas (2.1%), Germany (4.5%), the
United Kingdom (3.5%), France (2.9%), Spain (1.6%), Italy (1.5%), Switzerland (0.9%), Netherlands (0.9%), Europe/Middle East/Africa (5.1%), Australia (2.5%), Japan (1.9%), China (0.9%) and Asia/Pacific (2.8%).
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