Idexx Laboratories (IDXX) Research & Development (2009 - 2026)

Idexx Laboratories (IDXX) posted quarterly Research & Development of $65.8 million for Q1 2026, up 11.39% year-over-year from $59.1 million in Q1 2025, and down 1.56% on a QoQ basis from $66.8 million in Q4 2025.

Idexx Laboratories (IDXX) Research & Development (2009 - 2026) Analysis & Trends

Idexx Laboratories (IDXX) has reported Research & Development for 18 consecutive years, with $65.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development rose 11.39% year-over-year to $65.8 million; the TTM figure through Mar 2026 stood at $257.9 million (up 14.02% YoY), while the FY2025 annual figure was $251.2 million, up 14.29% from the prior year.
  • Research & Development came in at $65.8 million for Q1 2026 at Idexx Laboratories, down from $66.8 million in the prior quarter.
  • The five-year high for Research & Development was $123.2 million in Q2 2022, with the low at $40.2 million in Q1 2022.
  • Average Research & Development over 5 years is $57.8 million, with a median of $54.0 million recorded in 2024.
  • Across the five-year window, Research & Development jumped 226.87% in 2022 and tumbled 62.26% in 2023, its largest moves.
  • Year by year, Research & Development stood at $43.4 million in 2022, then advanced by 19.33% to $51.8 million in 2023, then increased by 11.42% to $57.7 million in 2024, then increased by 15.77% to $66.8 million in 2025, then declined by 1.56% to $65.8 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $65.8 million, $66.8 million, and $63.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 65.79 Mn
Dec 31, 2025 66.83 Mn
Sep 30, 2025 63.42 Mn
Jun 30, 2025 61.90 Mn
Mar 31, 2025 59.06 Mn
Dec 31, 2024 57.73 Mn
Sep 30, 2024 53.98 Mn
Jun 30, 2024 55.45 Mn
Mar 31, 2024 52.64 Mn
Dec 31, 2023 51.81 Mn
Sep 30, 2023 47.97 Mn
Jun 30, 2023 46.51 Mn
Mar 31, 2023 44.67 Mn
Dec 31, 2022 43.42 Mn
Sep 30, 2022 48.01 Mn
Jun 30, 2022 123.22 Mn
Mar 31, 2022 40.17 Mn
Dec 31, 2021 45.31 Mn
Sep 30, 2021 40.43 Mn
Jun 30, 2021 37.70 Mn