Idexx Laboratories (IDXX) Net Margin (2009 - 2026)
Idexx Laboratories (IDXX) posted Net Margin of 27.82% for Q2 2026, up 1.32 percentage points from 26.50% a year earlier and up 3.41 percentage points from the prior quarter.
Idexx Laboratories (IDXX) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Idexx Laboratories was 25.03%, up 0.62 percentage points year-over-year; for FY2025, it came in at 24.62%, up 1.84 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +3.12 percentage points (FY2020 to FY2025).
- In prior years, Idexx Laboratories' Net Margin was 22.78% in FY2024 (-0.30 pp), 23.08% in FY2023 (+2.92 pp), 20.17% in FY2022 (-3.00 pp) and 23.17% in FY2021 (+1.67 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin in data going back to Q2 2009.
- On a year-over-year basis, Net Margin has increased in each of the last five quarters, with an average year-over-year change of +1.30 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2023, with a gain of 8.43 percentage points; the weakest was Q2 2022, with a drop of 9.18 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 24.41% (Q1 2026), 22.76% (Q4 2025) and 24.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,255.37 Bn | 1,228.99 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 641.34 Bn | 561.20 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 504.94 Bn | 478.06 Bn | 12.70 Bn | 21.27% |
| 4 | Merck | 354.83 Bn | 309.21 Bn | 12.21 Bn | -8.04% |
| 5 | Novartis Ag | 309.06 Bn | 282.30 Bn | - | - |
| 6 | Astrazeneca | 284.05 Bn | 257.95 Bn | 13.26 Bn | 20.69% |
| 7 | Amgen | 249.26 Bn | 204.66 Bn | 7.24 Bn | 23.62% |
| 8 | Gilead Sciences | 209.33 Bn | 183.52 Bn | 6.22 Bn | -134.51% |
| 9 | Pfizer | 170.66 Bn | 117.30 Bn | 10.94 Bn | -1.65% |
| 10 | Idexx Laboratories | 53.35 Bn | 52.56 Bn | 779.09 Mn | 27.82% |
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% |
Idexx Laboratories Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=IDXX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "IDXX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();