Idexx (IDXX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Idexx Laboratories (IDXX) reported revenue of $1.11 billion for the quarter ended June 2025, marking a year-over-year increase of 10.6% and exceeding the Zacks Consensus Estimate of $1.07 billion by 4.01% [1] - The company's EPS for the same period was $3.63, up from $2.44 a year ago, representing a surprise of 9.67% compared to the consensus estimate of $3.31 [1] Financial Performance Metrics - Gross Profit - CAG: 62.8% versus the two-analyst average estimate of 62.6% [4] - Gross Profit - Other: 51.5% compared to the 29.6% average estimate based on two analysts [4] - Gross Profit - LPD: 47% versus the two-analyst average estimate of 51.7% [4] - Gross Profit - Water: 69.6% compared to the 69.6% average estimate based on two analysts [4] Revenue Breakdown - Revenue from Companion Animal Group in the United States was $684.5 million, exceeding the $663.1 million average estimate, reflecting an 8.9% year-over-year increase [4] - Revenue from Companion Animal Group International reached $337.95 million, surpassing the $312.95 million estimate, with a 15.1% year-over-year change [4] - Revenue from LPD International was $26 million, compared to the $25.76 million average estimate, representing a 3.2% year-over-year increase [4] - Revenue from Water International was $24.91 million, exceeding the $24.16 million estimate, with an 11.9% year-over-year change [4] - Total revenue from Companion Animal Group (CAG) was $1.02 billion, compared to the $978.21 million estimated, reflecting a 10.9% year-over-year increase [4] - Revenue from Other was $4.25 million, slightly below the $4.41 million estimate, with a 0.1% year-over-year change [4] - Revenue from Livestock and Poultry Diagnostics (LPD) was $31.76 million, compared to the $31.51 million average estimate, representing a 4.8% year-over-year increase [4] - Revenue from Water was $51 million, exceeding the $50.79 million estimate, with a 9.2% year-over-year change [4] Stock Performance - Idexx shares have returned -2.1% over the past month, while the Zacks S&P 500 composite has changed by +0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]