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Saturday 17 October 2026 Export IDXX’s income statement to Excel — free account

IDEXX Laboratories, Inc.

IDXX Healthcare Diagnostics & Research

IDEXX Laboratories, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, up 10.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.66%, EPS grew 17.2%, free cash flow grew 111.4% and total debt fell 14.3%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.

560.36 13.18 +2.41%
Market cap
$43.1B
P/E
39.1×
Fwd P/E
38.3×
Dividend yield
—
F-score
8/9
Altman Z
24.09
Beneish M
−2.50
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

IDEXX Laboratories, Inc. (IDXX) Gross margin

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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 53.5%.

Gross margin, annual

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Annual newest first

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 newest first

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

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%
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%
LH Labcorp Holdings Inc. compare 28.9%
Diagnostics & Research industry median 50.9%
Healthcare sector median 53.5%
Market median 46.2%

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

The full definition of Gross margin →

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