Idexx Laboratories (IDXX) Gross Margin (2009 - 2026)

Idexx Laboratories (IDXX) posted quarterly Gross Margin of 63.35% for Q1 2026, up 92.0% year-over-year from 33.0% in Q1 2025, and up 4.98% quarter-over-quarter from 60.35% in Q4 2025.

Idexx Laboratories (IDXX) Gross Margin (2009 - 2026) Analysis & Trends

Idexx Laboratories' Gross Margin history runs 18 years deep, the most recent figure standing at 63.35% for Q1 2026.

  • In Q1 2026, Gross Margin rose 92.0% year-over-year to 63.35%; the TTM figure through Mar 2026 stood at 62.05% (up 78.0% YoY), while the FY2025 annual figure was 61.8%, up 76.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 63.35%, up from 60.35% in the prior quarter.
  • The five-year high for Gross Margin was 63.35% in Q1 2026, with the low at 58.36% in Q4 2023.
  • The 5-year median for Gross Margin is 60.35% (2025), against an average of 60.71%.
  • Peak annual rise in Gross Margin reached 184 bps in 2022, while the deepest fall reached 91 bps in 2022.
  • Idexx Laboratories' Gross Margin stood at 58.53% in 2022, then declined by 0 bps to 58.36% in 2023, then advanced by 2 bps to 59.8% in 2024, then rose by 1 bps to 60.35% in 2025, then grew by 5 bps to 63.35% in 2026.
  • Business Quant data shows IDXX's Gross Margin at 63.35% in Q1 2026, 60.35% in Q4 2025, and 61.83% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Thermo Fisher Scientific 209.29 Bn 205.35 Bn 8.34 Bn 69.57%
2 Danaher 137.39 Bn 133.06 Bn 3.61 Bn 57.64%
3 Idexx Laboratories 46.84 Bn 46.64 Bn 779.09 Mn 64.04%
4 Agilent Technologies 39.29 Bn 37.48 Bn 990.00 Mn 53.95%
5 Natera 39.28 Bn 38.18 Bn 696.04 Mn 99.91%
6 Iqvia Holdings 37.90 Bn 35.95 Bn 1.44 Bn 32.85%
7 Illumina 30.65 Bn 29.49 Bn 770.00 Mn 66.44%
8 Mettler Toledo International 28.92 Bn 28.87 Bn 650.22 Mn 63.29%
9 Quest Diagnostics 25.96 Bn 25.64 Bn 1.03 Bn 33.75%
10 Labcorp Holdings 25.71 Bn 24.73 Bn 1.01 Bn 28.66%

Historic Data

Download Data
DateValue
Jun 30, 2026 64.04%
Mar 31, 2026 63.35%
Dec 31, 2025 60.35%
Sep 30, 2025 61.83%
Jun 30, 2025 62.62%
Mar 31, 2025 62.44%
Dec 31, 2024 59.80%
Sep 30, 2024 61.10%
Jun 30, 2024 61.70%
Mar 31, 2024 61.52%
Dec 31, 2023 58.36%
Sep 30, 2023 59.85%
Jun 30, 2023 60.71%
Mar 31, 2023 60.32%
Dec 31, 2022 58.53%
Sep 30, 2022 60.19%
Jun 30, 2022 59.73%
Mar 31, 2022 59.62%
Dec 31, 2021 56.97%
Sep 30, 2021 58.35%