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% on a QoQ basis from $342.5 million in Q4 2025.

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

Idexx Laboratories (IDXX) has reported Operating Expenses for 18 consecutive years, with $360.2 million the latest figure, recorded in 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 came in at $360.2 million for Q1 2026 at Idexx Laboratories, 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 $114.8 million in Q1 2023.
  • Average Operating Expenses over 5 years is $236.4 million, with a median of $292.1 million recorded in 2024.
  • Across the five-year window, Operating Expenses sank 33.48% in 2023 and soared 160.96% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $126.5 million in 2022, then advanced by 9.78% to $138.8 million in 2023, then soared by 122.55% to $309.0 million in 2024, then climbed by 10.85% to $342.5 million in 2025, then grew by 5.15% to $360.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $360.2 million, $342.5 million, and $328.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 2.50 Bn

Historic Data

Download Data
DateValue
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 138.83 Mn
Sep 30, 2023 137.00 Mn
Jun 30, 2023 136.17 Mn
Mar 31, 2023 114.77 Mn
Dec 31, 2022 126.47 Mn
Sep 30, 2022 131.78 Mn
Jun 30, 2022 204.71 Mn
Mar 31, 2022 118.12 Mn
Dec 31, 2021 128.77 Mn
Sep 30, 2021 122.53 Mn
Jun 30, 2021 111.02 Mn