Idexx Laboratories (IDXX) Net Margin (2009 - 2026)
Idexx Laboratories (IDXX) recorded quarterly Net Margin of 24.41% in Q1 2026, up 7.25% quarter-over-quarter from 22.76% in Q4 2025, and up 10.0% on a YoY basis from 22.19% in Q1 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 was 24.41% for Q1 2026 at Idexx Laboratories, up from 22.76% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 26.5% in Q2 2025 to a low of 15.34% in Q2 2022.
- Historically, Net Margin has averaged 22.77% across 5 years, with a median of 23.19% in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 910 bps in 2022, then soared 843 bps in 2023.
- A 5-year view of Net Margin shows it stood at 20.78% in 2022, then grew by 4 bps to 21.58% in 2023, then advanced by 5 bps to 22.65% in 2024, then rose by 0 bps to 22.76% in 2025, then advanced by 7 bps to 24.41% in 2026.
- The last three Net Margin figures came in at 24.41% (Q1 2026), 22.76% (Q4 2025), and 24.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 18.47% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 3.40% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.22% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.89% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | -1.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 24.43% |