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| 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% |