IDEXX Laboratories Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of IDEXX Laboratories Inc (IDXX). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| CAG | $2.39B 88.1% | $2.89B 89.9% · +21.1% | $3.06B 91.7% · +5.8% | $3.35B 92.0% · +9.6% | $3.57B 92.1% · +6.6% | $3.95B 92.2% · +10.6% |
| Water segment revenue | $128.6M 4.8% | $146.5M 4.6% · +13.9% | $155.7M 4.7% · +6.3% | $168.1M 4.6% · +8.0% | $185.1M 4.8% · +10.1% | $201.1M 4.7% · +8.7% |
| LPD | $145.8M 5.4% | $135.9M 4.2% · -6.8% | $122.6M 3.7% · -9.8% | $121.7M 3.3% · -0.8% | $122.1M 3.1% · +0.3% | $131.8M 3.1% · +8.0% |
| Other segment revenue | $46.4M 1.7% | $43.0M 1.3% · -7.4% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| CAG | $574.9M 24.1% | $824.0M 28.5% | – | – | – | – |
| Water segment revenue | $58.9M 45.8% | $65.4M 44.7% | – | – | – | – |
| LPD | $40.0M 27.4% | $28.6M 21.1% | – | – | – | – |
| Other segment revenue | $20.8M 44.7% | $13.9M 32.4% | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Product revenue | $1.59B 58.6% | $1.88B 58.3% · +18.2% | $1.93B 57.3% · +2.9% | $2.09B 57.1% · +8.4% | $2.25B 57.7% · +7.6% | $2.54B 59.0% · +12.9% |
| Service revenue | $1.12B 41.4% | $1.34B 41.7% · +19.7% | $1.44B 42.7% · +7.4% | $1.57B 42.9% · +9.2% | $1.65B 42.3% · +5.0% | $1.76B 41.0% · +7.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.