Idexx Laboratories (IDXX) Operating Expenses (2009 - 2026)
Idexx Laboratories (IDXX) posted quarterly Operating Expenses of $360.2 million for Q1 2026, up 17.37% year-over-year from $306.8 million in Q1 2025, and up 5.15% quarter-over-quarter from $342.5 million in Q4 2025.
Idexx Laboratories (IDXX) Operating Expenses (2009 - 2026) Analysis & Trends
Idexx Laboratories' Operating Expenses history runs 18 years deep, the most recent figure standing at $360.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 17.37% year-over-year to $360.2 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 7.09% YoY), while the FY2025 annual figure was $1.3 billion, up 3.91% from the prior year.
- Operating Expenses for Q1 2026 stood at $360.2 million, up from $342.5 million in the prior quarter.
- The five-year high for Operating Expenses was $360.2 million in Q1 2026, with the low at $126.5 million in Q4 2022.
- The 5-year median for Operating Expenses is $292.1 million (2024), against an average of $263.5 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 72.17% in 2022, then soared 113.24% in 2024.
- Idexx Laboratories' Operating Expenses stood at $126.5 million in 2022, then jumped by 81.12% to $229.1 million in 2023, then jumped by 34.89% to $309.0 million in 2024, then increased by 10.85% to $342.5 million in 2025, then rose by 5.15% to $360.2 million in 2026.
- Business Quant data shows IDXX's Operating Expenses at $360.2 million in Q1 2026, $342.5 million in Q4 2025, and $328.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.86 Bn | 209.80 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 140.41 Bn | 136.07 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.33 Bn | 46.13 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.71 Bn | 37.90 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.97 Bn | 37.87 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 30.09 Bn | 28.92 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.70 Bn | 28.65 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.19 Bn | 25.56 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 557.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 353.52 Mn |
| Mar 31, 2026 | 360.15 Mn |
| Dec 31, 2025 | 342.51 Mn |
| Sep 30, 2025 | 328.51 Mn |
| Jun 30, 2025 | 321.69 Mn |
| Mar 31, 2025 | 306.85 Mn |
| Dec 31, 2024 | 308.97 Mn |
| Sep 30, 2024 | 292.15 Mn |
| Jun 30, 2024 | 355.36 Mn |
| Mar 31, 2024 | 294.11 Mn |
| Dec 31, 2023 | 229.05 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Jun 30, 2023 | 230.20 Mn |
| Mar 31, 2023 | 217.91 Mn |
| Dec 31, 2022 | 126.47 Mn |
| Sep 30, 2022 | 213.79 Mn |
| Jun 30, 2022 | 204.71 Mn |
| Mar 31, 2022 | 210.24 Mn |
| Dec 31, 2021 | 454.50 Mn |
| Sep 30, 2021 | 206.53 Mn |