earnings
confidence high
sentiment positive
materiality 0.90
IDEXX Laboratories Reports Q2 2026 Revenue of $1,217M and EPS of $4.27, Raises 2026 Outlook
IDEXX LABORATORIES INC /DE
- Revenue grew 10% as reported and 9% organic; CAG Diagnostics recurring revenue grew 11% as reported and 10% organic.
- EPS of $4.27, up 18% as reported and 15% comparable; operating margin increased 140 bps as reported and 110 bps comparable.
- IDEXX inVue Dx installed base surpassed 9,000 instruments, with over 1,600 placements during Q2 2026.
- Narrows 2026 revenue guidance to $4,700M-$4,745M, up $5M at midpoint; raises EPS outlook to $14.69-$14.94.
- Updates 2026 organic revenue growth outlook to 8.5%-9.7% and CAG Diagnostics recurring revenue organic growth to 9.5%-10.7%.