IDEXX Laboratories has acquired veterinary AI software company CoVet, adding ambient listening and clinical workflow technology to its diagnostics and practice software ecosystem. The companies say the combination is intended to reduce administrative work, connect clinical information and support diagnostic decision-making.
IDEXX Laboratories is expanding its Catalyst diagnostic platform with Catalyst proBNP, a quantitative in-clinic NT-proBNP test for cats and dogs. The test is designed to help veterinarians screen for, evaluate and monitor cardiac disease while providing results during the patient visit.
IDEXX Laboratories reported second-quarter 2026 revenue of $1.22 billion, driven by continued growth in companion animal diagnostics, and increased its full-year earnings outlook while modestly raising its revenue guidance. A summary of the company’s financial performance is below. The complete earnings report is available at https://www.idexx.com/investors/.
IDEXX’s 2025 Corporate Responsibility Report highlights new advances in veterinary diagnostics, workforce development and sustainability initiatives. The report details progress toward the company’s long-term goals while showcasing investments designed to expand access to care, strengthen veterinary practices and support future innovation.
IDEXX Laboratories has expanded its Fecal Dx™ antigen testing platform to include taeniid tapeworm detection, broadening intestinal parasite screening capabilities for veterinarians in routine wellness and sick-pet care.
IDEXX Laboratories is integrating SDMA kidney biomarker testing into its most commonly used Catalyst chemistry profiles, a move designed to help veterinarians identify declining kidney function earlier during routine in-clinic diagnostics.
IDEXX Laboratories reported strong first-quarter growth driven by diagnostics demand and innovation, while increasing its full-year 2026 financial outlook.
IDEXX Laboratories reported strong fourth-quarter and full-year 2025 results driven by sustained growth in companion animal diagnostics, record instrument placements, and operating margin expansion, while providing a confident outlook for continued growth in 2026.
Michael Erickson, PhD, will take over as President and CEO of IDEXX Laboratories in May 2026, succeeding Jay Mazelsky, who will transition to Executive Chair before retiring in 2027.
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