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| Date | Value |
|---|---|
| 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% |