Idexx Laboratories (IDXX) Net Margin (2009 - 2026)
Idexx Laboratories (IDXX) posted Net Margin of 27.82% for Q2 2026, up 13.97% on a QoQ basis from 24.41% in Q1 2026, and up 132.0% year-over-year from 11.99% in Q2 2025.
Analysis
Idexx Laboratories (IDXX) Net Margin (2009 - 2026) Analysis & Trends
Idexx Laboratories has reported Net Margin for 18 years, with the latest figure at 27.82% in Q2 2026.
- On a quarterly basis, Net Margin rose 132.0% year-over-year to 27.82% in Q2 2026; TTM through Jun 2026 was 25.03%, a 62.0% increase from a year earlier, with the FY2025 full-year figure at 24.62%, up 184.0% from the prior year.
- Net Margin was 27.82% for Q2 2026 at Idexx Laboratories, up from 24.41% in the prior quarter.
- The five-year high for Net Margin was 27.82% in Q2 2026, with the low at 15.34% in Q2 2022.
- Average Net Margin over 5 years is 23.05%, with a median of 23.47% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 919 bps in 2022, then jumped 843 bps in 2023.
- Over 5 years, Net Margin stood at 20.78% in 2022, then increased by 4 bps to 21.58% in 2023, then climbed by 5 bps to 22.65% in 2024, then gained by 0 bps to 22.76% in 2025, then advanced by 22 bps to 27.82% in 2026.
- The last three Net Margin figures came in at 27.82% (Q2 2026), 24.41% (Q1 2026), and 22.76% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.57 Bn | 40.38 Bn | 779.09 Mn | 27.82% |
| 2 | Zoetis | 30.57 Bn | 28.90 Bn | 1.05 Bn | 35.09% |
| 3 | Elanco Animal Health | 11.47 Bn | 10.94 Bn | 798.00 Mn | 3.95% |
| 4 | Phibro Animal Health | 1.43 Bn | 1.35 Bn | 134.40 Mn | 5.47% |
| 5 | Immucell | 87.38 Mn | 78.52 Mn | 2.44 Mn | 25.53% |
| 6 | Zhengye Biotechnology Holding | 64.40 Mn | 57.30 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | -476.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |