Idexx Laboratories IDXX
NASDAQ IDXX
$506.48 -7.14 (-1.39%)
At close: Sep 17, 2026 · 4:00 PM EDT

Idexx Laboratories (IDXX) Operating Expenses (2009 - 2026)

Idexx Laboratories (IDXX) posted Operating Expenses of $353.5 million for Q2 2026, down 1.84% on a QoQ basis from $360.2 million in Q1 2026, and up 9.9% year-over-year from $321.7 million in Q2 2025.

Analysis

Idexx Laboratories (IDXX) Operating Expenses (2009 - 2026) Analysis & Trends

Idexx Laboratories has reported Operating Expenses for 18 years, with the latest figure at $353.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 9.9% year-over-year to $353.5 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 12.61% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 3.91% from the prior year.
  • Operating Expenses was $353.5 million for Q2 2026 at Idexx Laboratories, down from $360.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $360.2 million in Q1 2026, with the low at $210.2 million in Q1 2022.
  • Average Operating Expenses over 5 years is $278.7 million, with a median of $293.1 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 54.37% in 2024, then fell 9.48% in 2025.
  • Over 5 years, Operating Expenses stood at $215.0 million in 2022, then rose by 6.55% to $229.1 million in 2023, then soared by 34.89% to $309.0 million in 2024, then gained by 10.85% to $342.5 million in 2025, then advanced by 3.22% to $353.5 million in 2026.
  • The last three Operating Expenses figures came in at $353.5 million (Q2 2026), $360.2 million (Q1 2026), and $342.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Idexx Laboratories 40.57 Bn 40.38 Bn 779.09 Mn 353.52 Mn
2 Zoetis 30.57 Bn 28.90 Bn 1.05 Bn 215.00 Mn
3 Elanco Animal Health 11.47 Bn 10.94 Bn 798.00 Mn 550.00 Mn
4 Phibro Animal Health 1.43 Bn 1.35 Bn 134.40 Mn 94.31 Mn
5 Immucell 87.38 Mn 78.52 Mn 2.44 Mn 502,288.00
6 Zhengye Biotechnology Holding 64.40 Mn 57.30 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - 292,311.00
Historic Data

Historic Data

Download Data
DateValue
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 224.73 Mn
Jun 30, 2023 230.20 Mn
Mar 31, 2023 217.91 Mn
Dec 31, 2022 214.98 Mn
Sep 30, 2022 213.79 Mn
Jun 30, 2022 211.75 Mn
Mar 31, 2022 210.24 Mn
Dec 31, 2021 211.92 Mn
Sep 30, 2021 206.53 Mn