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
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 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