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
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