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

Idexx Laboratories (IDXX) posted quarterly Net Margin of 24.41% for Q1 2026, up 10.0% year-over-year from 22.19% in Q1 2025, and up 7.25% quarter-over-quarter from 22.76% in Q4 2025.

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

Idexx Laboratories' Net Margin history runs 18 years deep, the most recent figure standing at 24.41% for Q1 2026.

  • In Q1 2026, Net Margin rose 10.0% year-over-year to 24.41%; the TTM figure through Mar 2026 stood at 24.63% (up 187.0% YoY), while the FY2025 annual figure was 24.62%, up 184.0% from the prior year.
  • Net Margin for Q1 2026 stood at 24.41%, up from 22.76% in the prior quarter.
  • The five-year high for Net Margin was 26.5% in Q2 2025, with the low at 15.34% in Q2 2022.
  • The 5-year median for Net Margin is 23.19% (2022), against an average of 22.77%.
  • The sharpest annual moves came in 2022 and 2023: Net Margin sank 919 bps in 2022, then surged 843 bps in 2023.
  • Idexx Laboratories' Net Margin stood at 20.78% in 2022, then climbed by 4 bps to 21.58% in 2023, then gained by 5 bps to 22.65% in 2024, then increased by 0 bps to 22.76% in 2025, then gained by 7 bps to 24.41% in 2026.
  • Business Quant data shows IDXX's Net Margin at 24.41% in Q1 2026, 22.76% in Q4 2025, and 24.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Thermo Fisher Scientific 209.29 Bn 205.35 Bn 8.34 Bn 14.65%
2 Danaher 137.39 Bn 133.06 Bn 3.61 Bn 13.89%
3 Idexx Laboratories 46.84 Bn 46.64 Bn 779.09 Mn 27.82%
4 Agilent Technologies 39.29 Bn 37.48 Bn 990.00 Mn 18.47%
5 Natera 39.28 Bn 38.18 Bn 696.04 Mn -12.22%
6 Iqvia Holdings 37.90 Bn 35.95 Bn 1.44 Bn 5.52%
7 Illumina 30.65 Bn 29.49 Bn 770.00 Mn 17.86%
8 Mettler Toledo International 28.92 Bn 28.87 Bn 650.22 Mn 22.67%
9 Quest Diagnostics 25.96 Bn 25.64 Bn 1.03 Bn 10.65%
10 Labcorp Holdings 25.71 Bn 24.73 Bn 1.01 Bn 7.86%

Historic Data

Download Data
DateValue
Jun 30, 2026 27.82%
Mar 31, 2026 24.41%
Dec 31, 2025 22.76%
Sep 30, 2025 24.85%
Jun 30, 2025 26.50%
Mar 31, 2025 24.31%
Dec 31, 2024 22.65%
Sep 30, 2024 23.87%
Jun 30, 2024 20.26%
Mar 31, 2024 24.44%
Dec 31, 2023 21.58%
Sep 30, 2023 23.18%
Jun 30, 2023 23.76%
Mar 31, 2023 23.78%
Dec 31, 2022 20.78%
Sep 30, 2022 21.50%
Jun 30, 2022 15.34%
Mar 31, 2022 23.19%
Dec 31, 2021 20.32%
Sep 30, 2021 21.62%