Idexx Laboratories IDXX
NASDAQ IDXX
$506.48 -7.14 (-1.39%)
At close: Sep 17, 2026 · 4:00 PM EDT

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

Idexx Laboratories (IDXX) posted Gross Margin of 64.04% for Q2 2026, up 1.08% on a QoQ basis from 63.35% in Q1 2026, and up 142.0% year-over-year from 26.46% in Q2 2025.

Analysis

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

Idexx Laboratories has reported Gross Margin for 18 years, with the latest figure at 64.04% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 142.0% year-over-year to 64.04% in Q2 2026; TTM through Jun 2026 was 62.45%, a 91.0% increase from a year earlier, with the FY2025 full-year figure at 61.8%, up 76.0% from the prior year.
  • Gross Margin was 64.04% for Q2 2026 at Idexx Laboratories, up from 63.35% in the prior quarter.
  • The five-year high for Gross Margin was 64.04% in Q2 2026, with the low at 58.36% in Q4 2023.
  • Average Gross Margin over 5 years is 60.89%, with a median of 60.53% recorded in 2023.
  • The largest YoY upside for Gross Margin was 184 bps in 2022 against a maximum downside of 91 bps in 2022.
  • Over 5 years, Gross Margin stood at 58.53% in 2022, then retreated by 0 bps to 58.36% in 2023, then grew by 2 bps to 59.8% in 2024, then advanced by 1 bps to 60.35% in 2025, then gained by 6 bps to 64.04% in 2026.
  • The last three Gross Margin figures came in at 64.04% (Q2 2026), 63.35% (Q1 2026), and 60.35% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Idexx Laboratories 40.57 Bn 40.38 Bn 779.09 Mn 64.04%
2 Zoetis 30.57 Bn 28.90 Bn 1.05 Bn 42.63%
3 Elanco Animal Health 11.47 Bn 10.94 Bn 798.00 Mn 58.33%
4 Phibro Animal Health 1.43 Bn 1.35 Bn 134.40 Mn 33.88%
5 Immucell 87.38 Mn 78.52 Mn 2.44 Mn 33.92%
6 Zhengye Biotechnology Holding 64.40 Mn 57.30 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - -
Historic Data

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%