IDEXX Laboratories (IDXX) Revenue & Revenue Breakdown

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IDEXX Laboratories Revenue Highlights

Latest Revenue (Y)

$3.66B

Latest Revenue (Q)

$975.54M

Main Segment (Y)

Product

Main Geography (Y)

Americas

IDEXX Laboratories Revenue by Period

IDEXX Laboratories Revenue by Year

Date	Revenue	Change
2023-12-31	$3.66B	8.72%
2022-12-31	$3.37B	4.73%
2021-12-31	$3.22B	18.79%
2020-12-31	$2.71B	12.45%
2019-12-31	$2.41B	8.75%
2018-12-31	$2.21B	12.40%
2017-12-31	$1.97B	10.91%
2016-12-31	$1.78B	10.83%
2015-12-31	$1.60B	7.81%
2014-12-31	$1.49B	7.90%
2013-12-31	$1.38B	6.47%
2012-12-31	$1.29B	6.13%
2011-12-31	$1.22B	10.45%
2010-12-31	$1.10B	6.96%
2009-12-31	$1.03B	0.74%
2008-12-31	$1.02B	11.00%
2007-12-31	$922.55M	24.82%
2006-12-31	$739.12M	15.83%
2005-12-31	$638.10M	16.19%
2004-12-31	$549.18M	15.38%
2003-12-31	$475.99M	15.34%
2002-12-31	$412.67M	6.89%
2001-12-31	$386.08M	5.08%
2000-12-31	$367.43M	3.15%
1999-12-31	$356.20M	11.35%
1998-12-31	$319.90M	21.63%
1997-12-31	$263.00M	-1.76%
1996-12-31	$267.70M	41.94%
1995-12-31	$188.60M	49.21%
1994-12-31	$126.40M	35.77%
1993-12-31	$93.10M	-

IDEXX Laboratories generated $3.66B in revenue during NA 2023, up 8.72% compared to the previous quarter, and up 165.41% compared to the same period a year ago.

IDEXX Laboratories Revenue by Quarter

Date	Revenue	Change
2024-09-30	$975.54M	-2.79%
2024-06-30	$1.00B	4.10%
2024-03-31	$964.10M	6.93%
2023-12-31	$901.60M	-1.52%
2023-09-30	$915.53M	-2.98%
2023-06-30	$943.63M	4.83%
2023-03-31	$900.20M	8.64%
2022-12-31	$828.57M	-1.56%
2022-09-30	$841.66M	-2.19%
2022-06-30	$860.55M	2.87%
2022-03-31	$836.55M	4.43%
2021-12-31	$801.09M	-1.15%
2021-09-30	$810.42M	-1.90%
2021-06-30	$826.14M	6.23%
2021-03-31	$777.71M	7.87%
2020-12-31	$720.94M	-0.12%
2020-09-30	$721.79M	13.21%
2020-06-30	$637.59M	1.80%
2020-03-31	$626.34M	3.45%
2019-12-31	$605.45M	0.02%
2019-09-30	$605.30M	-2.39%
2019-06-30	$620.10M	7.65%
2019-03-31	$576.06M	4.85%
2018-12-31	$549.39M	0.72%
2018-09-30	$545.45M	-6.08%
2018-06-30	$580.75M	8.02%
2018-03-31	$537.66M	6.23%
2017-12-31	$506.12M	2.88%
2017-09-30	$491.98M	-3.33%
2017-06-30	$508.94M	10.16%
2017-03-31	$462.02M	4.29%
2016-12-31	$443.00M	-1.18%
2016-09-30	$448.31M	-3.91%
2016-06-30	$466.57M	11.74%
2016-03-31	$417.55M	4.47%
2015-12-31	$399.69M	-1.65%
2015-09-30	$406.39M	-1.68%
2015-06-30	$413.34M	8.07%
2015-03-31	$382.48M	8.67%
2014-12-31	$351.96M	-8.23%
2014-09-30	$383.52M	-1.69%
2014-06-30	$390.12M	8.31%
2014-03-31	$360.20M	1.73%
2013-12-31	$354.07M	4.66%
2013-09-30	$338.30M	-4.05%
2013-06-30	$352.58M	6.17%
2013-03-31	$332.11M	3.93%
2012-12-31	$319.54M	1.29%
2012-09-30	$315.48M	-6.01%
2012-06-30	$335.65M	4.02%
2012-03-31	$322.68M	5.04%
2011-12-31	$307.20M	2.08%
2011-09-30	$300.95M	-5.32%
2011-06-30	$317.86M	8.61%
2011-03-31	$292.67M	3.14%
2010-12-31	$283.76M	5.24%
2010-09-30	$269.63M	-4.21%
2010-06-30	$281.48M	4.83%
2010-03-31	$268.52M	-0.67%
2009-12-31	$270.33M	4.33%
2009-09-30	$259.12M	-2.48%
2009-06-30	$265.72M	12.38%
2009-03-31	$236.46M	-2.81%
2008-12-31	$243.29M	-3.11%
2008-09-30	$251.09M	-10.51%
2008-06-30	$280.57M	12.65%
2008-03-31	$249.07M	1.68%
2007-12-31	$244.97M	-

IDEXX Laboratories generated $975.54M in revenue during Q3 2024, up -2.79% compared to the previous quarter, and up 103.38% compared to the same period a year ago.

IDEXX Laboratories Revenue Breakdown

IDEXX Laboratories Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$2.09B	$1.93B	$1.88B	$1.59B	$1.42B
Service	$1.57B	$1.44B	$1.34B	$1.12B	$983.76M
Extended Warranties And Post Contract Support	-	$11.30M	$16.00M	-	-
Up Front Customer Loyalty Programs And Volume Commitment Programs	-	$3.20B	$2.90B	-	-
Reagent Rental Programs	-	$42.80M	$38.30M	-	-
Instrument Rebate Programs	-	$12.00M	$14.30M	-	-

IDEXX Laboratories's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (57.09%), and Service (42.91%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Service	$407.56M	$421.05M	$773.81M	$402.95M	$394.25M	$351.69M	$360.66M	$368.03M	$358.17M	$332.63M	$338.63M	$345.43M	$323.36M	$287.24M	$299.51M	$271.53M	$261.56M	$242.00M	$245.30M	-
Product	$567.99M	$543.05M	$1.04B	$540.68M	$505.94M	$476.87M	$481.00M	$492.52M	$478.38M	$468.46M	$471.79M	$480.71M	$454.35M	$433.69M	$422.28M	$366.06M	$364.77M	$363.45M	$360.00M	-
Extended Warranties And Post Contract Support	-	-	-	$9.60M	$1.90M	$11.70M	$14.40M	$2.30M	$17.10M	-	-	-	-	-	-	-	-	-	-	-
Instrument Rebate Programs	-	-	-	$2.20M	$2.70M	$2.90M	$3.40M	$3.30M	$3.50M	-	-	-	-	-	-	-	-	-	-	-
Reagent Rental Programs	-	-	-	$51.00M	$35.90M	$37.20M	$39.10M	-	-	-	-	-	-	-	-	-	-	-	-	-
Up Front Customer Loyalty Programs And Volume Commitment Programs	-	-	-	$2.90B	$3.00B	$3.00B	$2.70B	-	-	-	-	-	-	-	-	-	-	-	-	-

IDEXX Laboratories's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (58.22%), and Service (41.78%).

IDEXX Laboratories Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
CANADA	$150.11M	$142.74M	$107.40M	$99.55M	-
Asia Pacific Region, Other	$104.11M	$68.21M	$61.05M	-	-
Americas	$2.63B	$1.85B	$1.65B	-	-
AUSTRALIA	$95.47M	$79.63M	$71.07M	-	-
UNITED STATES	$2.39B	$1.69B	$1.50B	-	-
SWITZERLAND	$34.83M	$30.65M	$31.98M	$24.85M	$20.86M
EMEA	$716.18M	$562.76M	$498.44M	-	-
CHINA	$44.17M	$70.84M	$57.52M	-	-
Asia Pacific	$319.31M	$293.40M	$256.89M	-	-
SPAIN	$52.33M	$39.27M	$36.44M	-	-
NETHERLANDS	$30.51M	$23.46M	$19.40M	-	-
Latin America and Caribbean	$83.92M	-	-	-	-
JAPAN	$75.57M	$74.72M	$67.25M	-	-
ITALY	$53.79M	$42.82M	$39.73M	-	-
GERMANY	$149.79M	$119.35M	$104.08M	-	-
FRANCE	$96.80M	$74.81M	$64.77M	-	-
Europe, the Middle East, and Africa, Other	$176.40M	$148.05M	$122.21M	-	-
Latin America	-	-	-	$51.86M	$56.52M

IDEXX Laboratories's latest annual revenue breakdown by geography, as of Dec 23: Americas (36.46%), UNITED STATES (33.21%), EMEA (9.95%), Asia Pacific (4.43%), Europe, the Middle East, and Africa, Other (2.45%), CANADA (2.08%), GERMANY (2.08%), Asia Pacific Region, Other (1.45%), FRANCE (1.34%), AUSTRALIA (1.33%), Latin America and Caribbean (1.17%), JAPAN (1.05%), ITALY (0.75%), SPAIN (0.73%), CHINA (0.61%), SWITZERLAND (0.48%), and NETHERLANDS (0.42%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
UNITED STATES	$638.06M	$631.01M	$671.83M	$603.05M	$559.83M	$525.91M	$493.46M	$514.34M	$515.24M	$472.64M	$433.61M	$454.84M	$406.00M	$396.78M	$368.17M	$380.18M	-	-	-	-
Asia Pacific	$80.97M	$76.30M	$186.48M	$77.67M	$80.10M	$83.86M	$84.73M	$78.24M	$83.62M	$84.78M	$80.74M	$77.40M	$71.75M	$63.51M	$68.13M	$64.65M	-	-	-	-
CANADA	$36.93M	$36.71M	$36.90M	$35.61M	$41.63M	$35.96M	$34.34M	$33.64M	$39.53M	$35.23M	$34.12M	$32.81M	$39.34M	$33.46M	$29.08M	$28.71M	$25.36M	$24.25M	$24.34M	$24.33M
EMEA	$198.60M	$199.83M	$183.66M	$177.85M	$161.99M	$173.81M	$171.19M	$167.96M	$171.55M	$171.25M	$161.84M	$147.19M	$123.97M	$129.77M	-	-	-	-	-	-
Latin America	$20.98M	$20.24M	$22.30M	$17.07M	$16.39M	$15.58M	$15.67M	$13.65M	$10.52M	$12.03M	$15.00M	$14.09M	-	-	-	-	-	-	-	-
Latin American and Caribbean	-	-	-	$21.35M	$19.09M	$17.74M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe Middle East And Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$122.05M

IDEXX Laboratories's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (65.41%), EMEA (20.36%), Asia Pacific (8.30%), CANADA (3.79%), and Latin America (2.15%).

IDEXX Laboratories Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TMO	Thermo Fisher Scientific	$42.86B	$10.60B
IQV	IQVIA	$14.98B	$3.90B
DHR	Danaher	$14.03B	$3.40B
ICLR	ICON Public Limited Company	$8.12B	$2.09B
A	Agilent	$6.83B	$1.58B
ILMN	Illumina	$4.50B	$1.08B
CRL	Charles River Laboratories	$4.13B	$1.03B
MTD	Mettler-Toledo	$3.79B	$954.53M
IDXX	IDEXX Laboratories	$3.66B	$975.54M
WAT	Waters	$2.96B	$740.30M
RVTY	Revvity	$2.75B	$641.72M
TWST	Twist Bioscience	$312.97M	$81.46M

IDXX Revenue FAQ

What is IDEXX Laboratories’s yearly revenue?

IDEXX Laboratories's yearly revenue for 2023 was $3.66B, representing an increase of 8.72% compared to 2022. The company's yearly revenue for 2022 was $3.37B, representing an increase of 4.73% compared to 2021. IDXX's yearly revenue for 2021 was $3.22B, representing an increase of 18.79% compared to 2020.

What is IDEXX Laboratories’s quarterly revenue?

IDEXX Laboratories's quarterly revenue for Q3 2024 was $975.54M, a -2.79% decrease from the previous quarter (Q2 2024), and a 6.56% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1B, a 4.10% increase from the previous quarter (Q1 2024), and a 6.35% increase year-over-year (Q2 2023). IDXX's quarterly revenue for Q1 2024 was $964.1M, a 6.93% increase from the previous quarter (Q4 2023), and a 7.10% increase year-over-year (Q1 2023).

What is IDEXX Laboratories’s revenue growth rate?

IDEXX Laboratories's revenue growth rate for the last 3 years (2021-2023) was 13.86%, and for the last 5 years (2019-2023) was 52.10%.

What are IDEXX Laboratories’s revenue streams?

IDEXX Laboratories's revenue streams in c 23 are Product, and Service. Product generated $2.09B in revenue, accounting 57.09% of the company's total revenue, up 8.36% year-over-year. Service generated $1.57B in revenue, accounting 42.91% of the company's total revenue, up 9.21% year-over-year.

What is IDEXX Laboratories’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of IDEXX Laboratories was Product. This segment made a revenue of $2.09B, representing 57.09% of the company's total revenue.