Idexx Laboratories IDXX
NASDAQ IDXX
$506.48 -7.14 (-1.39%)
At close: Sep 17, 2026 · 4:00 PM EDT

Idexx Laboratories (IDXX) Operating Margin (2009 - 2026)

Idexx Laboratories (IDXX) posted Operating Margin of 34.98% for Q2 2026, up 10.06% on a QoQ basis from 31.78% in Q1 2026, and up 136.0% year-over-year from 14.82% in Q2 2025.

Analysis

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

Idexx Laboratories has reported Operating Margin for 18 years, with the latest figure at 34.98% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 136.0% year-over-year to 34.98% in Q2 2026; TTM through Jun 2026 was 32.03%, a 95.0% increase from a year earlier, with the FY2025 full-year figure at 31.6%, up 265.0% from the prior year.
  • Operating Margin was 34.98% for Q2 2026 at Idexx Laboratories, up from 31.78% in the prior quarter.
  • The five-year high for Operating Margin was 34.98% in Q2 2026, with the low at 20.81% in Q2 2022.
  • Average Operating Margin over 5 years is 29.76%, with a median of 30.54% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 1057 bps in 2022, then surged 1058 bps in 2023.
  • Over 5 years, Operating Margin stood at 27.34% in 2022, then retreated by 0 bps to 27.21% in 2023, then increased by 1 bps to 27.42% in 2024, then advanced by 6 bps to 28.94% in 2025, then climbed by 21 bps to 34.98% in 2026.
  • The last three Operating Margin figures came in at 34.98% (Q2 2026), 31.78% (Q1 2026), and 28.94% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Idexx Laboratories 40.57 Bn 40.38 Bn 779.09 Mn 34.98%
2 Zoetis 30.57 Bn 28.90 Bn 1.05 Bn 33.91%
3 Elanco Animal Health 11.47 Bn 10.94 Bn 798.00 Mn 18.13%
4 Phibro Animal Health 1.43 Bn 1.35 Bn 134.40 Mn 12.14%
5 Immucell 87.38 Mn 78.52 Mn 2.44 Mn 26.93%
6 Zhengye Biotechnology Holding 64.40 Mn 57.30 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - -476.55%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.98%
Mar 31, 2026 31.78%
Dec 31, 2025 28.94%
Sep 30, 2025 32.11%
Jun 30, 2025 33.62%
Mar 31, 2025 31.70%
Dec 31, 2024 27.42%
Sep 30, 2024 31.15%
Jun 30, 2024 26.29%
Mar 31, 2024 31.01%
Dec 31, 2023 27.21%
Sep 30, 2023 30.07%
Jun 30, 2023 31.38%
Mar 31, 2023 31.15%
Dec 31, 2022 27.34%
Sep 30, 2022 29.09%
Jun 30, 2022 20.81%
Mar 31, 2022 29.69%
Dec 31, 2021 24.86%
Sep 30, 2021 27.88%