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% on a QoQ basis from 22.76% in Q4 2025.

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

Idexx Laboratories (IDXX) has reported Net Margin for 18 consecutive years, with 24.41% the latest figure, recorded in 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 came in at 24.41% for Q1 2026 at Idexx Laboratories, 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.
  • Average Net Margin over 5 years is 22.77%, with a median of 23.19% recorded in 2022.
  • Across the five-year window, Net Margin tumbled 910 bps in 2022 and soared 843 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 20.78% in 2022, then gained by 4 bps to 21.58% in 2023, then increased by 5 bps to 22.65% in 2024, then climbed by 0 bps to 22.76% in 2025, then increased by 7 bps to 24.41% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 24.41%, 22.76%, and 24.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -5.68%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 15.06%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 17.29%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 24.41%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -12.22%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 18.47%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 3.40%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 12.28%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 17.89%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn -1.38%

Historic Data

Download Data
DateValue
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%