earnings
confidence high
sentiment positive
materiality 0.80
IDEXX Q1 beats: rev $1.14B (+14%), EPS $3.47 (+17%); raises FY guidance
IDEXX LABORATORIES INC /DE
2026-Q1 EPS reported
$3.47
revenue$1,140,820,000
- Q1 revenue $1,141M (+14% as reported, +11% organic); EPS $3.47 (+17% as reported, +15% comparable).
- CAG Diagnostics recurring revenue +14% as reported, +11% organic; premium instrument installed base +12%.
- FY2026 revenue guidance raised $42M at midpoint to $4,675-$4,760M; EPS guidance to $14.45-$14.90.
- Organic revenue growth guidance raised to 7.7%-9.7% from 7.0%-9.0%; operating margin expansion 50-90 bps.
- CEO Jay Mazelsky to transition; Mike Erickson will continue as a key leader (mentioned in earnings release).