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
Download Data
Historic 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 | 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 |