IDEXX Laboratories, Inc. IDXX
519.26
5.87
1.14%
as of 25 Sep
- Market cap
- $40.2B
- P/E
- 36.2×
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IDEXX Laboratories, Inc. (IDXX) Gross margin
IDEXX Laboratories, Inc.'s gross margin over the twelve months to 30 June 2026 was 62.5%, up 0.7 percentage points from fiscal 2025 (61.8%). Over the past ten years it has ranged from 54.9% (fiscal 2016) to 61.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of 50.9% and above the Healthcare sector median of 53.7%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 61.8% | 0.76 |
| FY2024 | 61.0% | 1.22 |
| FY2023 | 59.8% | 0.30 |
| FY2022 | 59.5% | 0.76 |
| FY2021 | 58.8% | 0.72 |
| FY2020 | 58.0% | 1.31 |
| FY2019 | 56.7% | 0.63 |
| FY2018 | 56.1% | 0.37 |
| FY2017 | 55.7% | 0.79 |
| FY2016 | 54.9% | (0.64) |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 64.0% | 0.69 |
| Mar 2026 | 63.4% | 3.00 |
| Dec 2025 | 60.4% | (1.48) |
| Sep 2025 | 61.8% | (0.79) |
| 42 more quarters | Free account |
Against its own ten years
Low 54.9%
High 61.8%
Ten-year median
58.0%
Current reading's percentile
100
Gross margin against peers
| Company | Gross margin |
|---|---|
| ILMN Illumina, Inc. compare | 66.4% |
| NTRA Natera, Inc. compare | 65.2% |
| GH Guardant Health, Inc. compare | 65.0% |
| IDXX IDEXX Laboratories, Inc. | 62.5% |
| MTD Mettler-Toledo International, Inc. compare | 60.3% |
| A Agilent Technologies, Inc. compare | 53.8% |
| WAT Waters Corporation compare | 50.9% |
| DGX Quest Diagnostics Incorporated compare | 33.1% |
| IQV IQVIA Holdings Inc. compare | 33.0% |
| Diagnostics & Research industry median | 50.9% |
| Healthcare sector median | 53.7% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on IDXX
- Revenue
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- EBITDA
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- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
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