Idexx Laboratories (IDXX) Gross Margin (2009 - 2026)
Idexx Laboratories' Gross Margin came in at 64.04% for Q2 2026, up 1.42 percentage points from 62.62% a year earlier and up 0.69 percentage points from the prior quarter.
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Analysis
Idexx Laboratories (IDXX) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Idexx Laboratories reported Gross Margin of 62.45%, up 0.91 percentage points year-over-year; for FY2025, it came in at 61.80%, up 0.76 percentage points from FY2024.
- Gross Margin has increased in each of the last nine years, with a five-year change of +3.75 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 61.04% in FY2024 (+1.22 pp), 59.82% in FY2023 (+0.30 pp), 59.52% in FY2022 (+0.76 pp) and 58.76% in FY2021 (+0.72 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q2 2009.
- Year-over-year, Gross Margin has increased for ten consecutive quarters, with an average year-over-year change of +1.02 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2022 (a gain of 1.84 percentage points), and the weakest in Q1 2022 (a drop of 0.91 percentage points).
- Business Quant data shows IDXX's Gross Margin at 63.35% (Q1 2026), 60.35% (Q4 2025) and 61.83% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 85.78% |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 68.19% |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 74.74% |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 73.54% |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 78.02% |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 88.64% |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 72.04% |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 79.76% |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 72.78% |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 64.04% |
Historic Data
Download Data
Historic 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% |
API Access
Idexx Laboratories Gross Margin 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=gross-margin&ticker=IDXX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();