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
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%