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| 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% |