Idexx Laboratories (IDXX) Operating Expenses (2009 - 2026)
Idexx Laboratories (IDXX) recorded quarterly Operating Expenses of $360.2 million in Q1 2026, up 5.15% quarter-over-quarter from $342.5 million in Q4 2025, and up 17.37% on a YoY basis from $306.8 million in Q1 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 was $360.2 million for Q1 2026 at Idexx Laboratories, up from $342.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $360.2 million in Q1 2026 to a low of $114.8 million in Q1 2023.
- Historically, Operating Expenses has averaged $236.4 million across 5 years, with a median of $292.1 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 33.48% in 2023, then soared 160.96% in 2024.
- A 5-year view of Operating Expenses shows it stood at $126.5 million in 2022, then increased by 9.78% to $138.8 million in 2023, then soared by 122.55% to $309.0 million in 2024, then rose by 10.85% to $342.5 million in 2025, then gained by 5.15% to $360.2 million in 2026.
- The last three Operating Expenses figures came in at $360.2 million (Q1 2026), $342.5 million (Q4 2025), and $328.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Quest Diagnostics | 22.51 Bn | 22.42 Bn | 942.00 Mn | 2.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |