Idexx Laboratories (IDXX) Cost of Revenue (2009 - 2026)
Idexx Laboratories (IDXX) posted Cost of Revenue of $437.5 million for Q2 2026, up 5.5% from $414.73 million a year earlier and up 4.6% from the prior quarter.
Idexx Laboratories (IDXX) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Idexx Laboratories was $1.71 billion, up 10.1% year-over-year; for FY2025, it came in at $1.64 billion, up 8.3% from FY2024.
- Annual Cost of Revenue has increased for 16 consecutive years, with a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- In prior years, Idexx Laboratories' Cost of Revenue was $1.52 billion in FY2024 (+3.2%), $1.47 billion in FY2023 (+7.9%), $1.36 billion in FY2022 (+2.8%) and $1.33 billion in FY2021 (+16.8%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue in data going back to Q2 2009.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 14 quarters, with growth averaging 6.9% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2021, with growth of 12.8%; the weakest was Q3 2022, with a decline of 0.7%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $418.08 million (Q1 2026), $432.47 million (Q4 2025) and $421.89 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 3.27 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 8.05 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 4.29 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 4.40 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 3.71 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 2.52 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 2.81 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 1.58 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 4.09 Bn |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 437.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 437.50 Mn |
| Mar 31, 2026 | 418.08 Mn |
| Dec 31, 2025 | 432.47 Mn |
| Sep 30, 2025 | 421.89 Mn |
| Jun 30, 2025 | 414.73 Mn |
| Mar 31, 2025 | 375.05 Mn |
| Dec 31, 2024 | 383.63 Mn |
| Sep 30, 2024 | 379.51 Mn |
| Jun 30, 2024 | 384.42 Mn |
| Mar 31, 2024 | 371.03 Mn |
| Dec 31, 2023 | 375.43 Mn |
| Sep 30, 2023 | 367.55 Mn |
| Jun 30, 2023 | 370.78 Mn |
| Mar 31, 2023 | 357.22 Mn |
| Dec 31, 2022 | 343.64 Mn |
| Sep 30, 2022 | 335.04 Mn |
| Jun 30, 2022 | 346.51 Mn |
| Mar 31, 2022 | 337.80 Mn |
| Dec 31, 2021 | 344.67 Mn |
| Sep 30, 2021 | 337.50 Mn |
Idexx Laboratories Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=IDXX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "IDXX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();