Idexx Laboratories (IDXX) Research & Development (2009 - 2026)
Idexx Laboratories (IDXX) recorded quarterly Research & Development of $65.8 million in Q1 2026, down 1.56% quarter-over-quarter from $66.8 million in Q4 2025, and up 11.39% on a YoY basis from $59.1 million in Q1 2025.
Idexx Laboratories (IDXX) Research & Development (2009 - 2026) Analysis & Trends
Idexx Laboratories' Research & Development history runs 18 years deep, the most recent figure standing at $65.8 million for 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 was $65.8 million for Q1 2026 at Idexx Laboratories, down from $66.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $123.2 million in Q2 2022 to a low of $40.2 million in Q1 2022.
- Historically, Research & Development has averaged $57.8 million across 5 years, with a median of $54.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 226.87% in 2022, then slumped 62.26% in 2023.
- A 5-year view of Research & Development shows it stood at $43.4 million in 2022, then increased by 19.33% to $51.8 million in 2023, then advanced by 11.42% to $57.7 million in 2024, then advanced by 15.77% to $66.8 million in 2025, then decreased by 1.56% to $65.8 million in 2026.
- The last three Research & Development figures came in at $65.8 million (Q1 2026), $66.8 million (Q4 2025), and $63.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |