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Idexx Laboratories10-K: Recurring revenue shift

Recurring diagnostic revenue now accounts for 79% of consolidated revenue

What happened

The company's business model is heavily focused on its durable and profitable recurring revenue from consumables, subscriptions, and services, which reached 79% of total revenue in 2025. This focus drives investment in customer retention, loyalty programs, and subscription management platforms.

Source

SEC EDGARFeb 20, 2026

Annual report (Form 10-K)

Idexx Laboratories 10-K for FY2025

Filing excerpt

For the year ended December 31, 2025, recurring diagnostic revenue, which is both highly durable and profitable, accounted for approximately 79% of our consolidated revenue.

sec.gov/Archives/edgar/data/874716/000087471626000038/idxx-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Recurring revenue shift

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 20, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Percent
79% (Recurring diagnostic revenue as a percentage of consolidated revenue for the year ended December 31, 2025)

Details

CIK
874716
Accession number
0000874716-26-000038
Filing year
2026
Why it matters
Billing/subscription tools

Topics and mentions

Technologies

  • SaaS

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
recurringRevenueShift

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/134c3cbc-7fe1-47f0-9575-5e2cbe517f46 returns this record as JSON. POST /v1/companies/enrich returns every signal for idexx.com.

{
  "signal_id": "134c3cbc-7fe1-47f0-9575-5e2cbe517f46",
  "signal_type": "sec-10k",
  "signal_subtype": "recurringRevenueShift",
  "detected_at": "2026-02-24T09:21:44.135+00:00",
  "company": {
    "name": "Idexx Laboratories",
    "domain": "idexx.com"
  },
  "data": {
    "detail": "The company's business model is heavily focused on its durable and profitable recurring revenue from consumables, subscriptions, and services, which reached 79% of total revenue in 2025. This focus drives investment in customer retention, loyalty programs, and subscription management platforms.",
    "metrics": {
      "pct": 0.79,
      "pct_context": "Recurring diagnostic revenue as a percentage of consolidated revenue for the year ended December 31, 2025"
    },
    "summary": "Recurring diagnostic revenue now accounts for 79% of consolidated revenue",
    "excerpts": "For the year ended December 31, 2025, recurring diagnostic revenue, which is both highly durable and profitable, accounted for approximately 79% of our consolidated revenue.",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/874716/000087471626000038/idxx-20251231.htm",
    "filing_date": "2026-02-20",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Billing/subscription tools",
    "signal_category": "revenue",
    "technologies_mentioned": [
      "SaaS"
    ]
  }
}

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