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Idexx Laboratories vs QuidelOrtho: IDXX and QDEL compared
Idexx Laboratories is the larger company: $1.2B of revenue in its latest quarter (Q3 2026) against $619M for QuidelOrtho (Q3 2026). Idexx Laboratories is growing faster (+10% against -12% a year earlier). Idexx Laboratories is more profitable, with an operating margin of 33.1% against -1.2%.
Where the money goes: IDXX and QDEL
Idexx Laboratories (IDXX) · Q3 2026
Idexx Laboratories, Q3 2026: revenue $1.2B (+10% year over year), operating margin 33.1%, net earnings $317M, operating cash flow $450M. The chart follows the revenue to costs, profit and cash.
QuidelOrtho (QDEL) · Q3 2026
QuidelOrtho, Q3 2026: revenue $619M (-12% year over year), operating margin -1.2%, net loss $53.8M, operating cash flow $19.6M. The chart follows the revenue to costs, profit and cash.
| Idexx Laboratories (IDXX) | QuidelOrtho (QDEL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.2B | $619M |
| Revenue growth, Y/Y | +10% | -12% |
| Gross margin | 62.9% | — |
| Operating margin | 33.1% | -1.2% |
| Net earnings | $317M | −$53.8M |
| Net margin | 26.1% | -8.7% |
| Operating cash flow | $450M | $19.6M |
| Free cash flow | $421M | $300K |
| Market value | $53.5B | $735M |
| P/E | 45.6× | — |
| Analysts’ mean target | $717.17 | $14.67 |
Where the revenue comes from
Idexx Laboratories
- Product revenue: $723M (60%)
- Service revenue: $491M (40%)
Questions
Which is bigger, Idexx Laboratories or QuidelOrtho?
Idexx Laboratories is the larger company: $1.2B of revenue in its latest quarter (Q3 2026) against $619M for QuidelOrtho (Q3 2026).
Is Idexx Laboratories or QuidelOrtho growing faster?
Idexx Laboratories is growing faster (+10% against -12% a year earlier).
Which is more profitable, Idexx Laboratories or QuidelOrtho?
Idexx Laboratories is more profitable, with an operating margin of 33.1% against -1.2%.
More: Idexx Laboratories earnings · how Idexx Laboratories makes money · QuidelOrtho earnings · how QuidelOrtho makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.