IDXX · 8-K · 20260804PR090033

FX / Currency Headwinds

IDEXX LABORATORIES INC /DE · 2026-08-04 · Importance 26 · Surprise 24 · No source text

IDEXX reduced projected 2026 revenue by $15 million because of updated foreign-exchange estimates and expects currency to affect EPS by approximately $0.22. The company estimates foreign currency will reduce 2026 operating margin growth by approximately 30 basis points and reported revenue growth by approximately 0.6 percentage points. The outlook assumes exchange rates of $1.14 per euro, $1.32 per British pound, ¥162 per U.S. dollar, and ¥6.80 per Chinese renminbi.

Key facts

• Estimated foreign currency exchange rate impacts for 2026: revenue growth rate impact ~0.6%; CAG Diagnostics recurring revenue growth rate impact ~0.6%; operating margin growth impact ~30 bps; EPS impact ~ $0.22; EPS growth impact ~2%. source
• Go-forward foreign currency exchange rate assumptions for 2026: euro $1.14, British pound $1.32, Canadian dollar $0.70, Australian dollar $0.69, Japanese yen ¥162, Chinese renminbi ¥6.80, Brazilian real R$5.20. source
• Three months ended June 30, 2026 change from currency increased reported total company revenue growth by 0.7% and organic growth was 9.0%. source

Impact estimates