Idexx Laboratories (IDXX) Research & Development (2009 - 2026)
Idexx Laboratories (IDXX) posted Research & Development of $171.3 million for Q2 2026, down 2.27% on a QoQ basis from $175.2 million in Q1 2026, and up 6.31% year-over-year from $161.1 million in Q2 2025.
Analysis
Idexx Laboratories (IDXX) Research & Development (2009 - 2026) Analysis & Trends
Idexx Laboratories has reported Research & Development for 18 years, with the latest figure at $171.3 million in Q2 2026.
- On a quarterly basis, Research & Development rose 6.31% year-over-year to $171.3 million in Q2 2026; TTM through Jun 2026 was $672.7 million, a 9.62% increase from a year earlier, with the FY2025 full-year figure at $643.5 million, up 9.35% from the prior year.
- Research & Development was $171.3 million for Q2 2026 at Idexx Laboratories, down from $175.2 million in the prior quarter.
- The five-year high for Research & Development was $175.2 million in Q1 2026, with the low at $130.0 million in Q3 2022.
- Average Research & Development over 5 years is $148.3 million, with a median of $147.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development gained 15.23% in 2022, then climbed 1.12% in 2024.
- Over 5 years, Research & Development stood at $131.9 million in 2022, then advanced by 7.65% to $142.0 million in 2023, then climbed by 5.69% to $150.1 million in 2024, then climbed by 11.29% to $167.1 million in 2025, then grew by 2.52% to $171.3 million in 2026.
- The last three Research & Development figures came in at $171.3 million (Q2 2026), $175.2 million (Q1 2026), and $167.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.57 Bn | 40.38 Bn | 779.09 Mn | 171.28 Mn |
| 2 | Zoetis | 30.57 Bn | 28.90 Bn | 1.05 Bn | - |
| 3 | Elanco Animal Health | 11.47 Bn | 10.94 Bn | 798.00 Mn | 92.00 Mn |
| 4 | Phibro Animal Health | 1.43 Bn | 1.35 Bn | 134.40 Mn | - |
| 5 | Immucell | 87.38 Mn | 78.52 Mn | 2.44 Mn | 1.11 Mn |
| 6 | Zhengye Biotechnology Holding | 64.40 Mn | 57.30 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 3,380.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 171.28 Mn |
| Mar 31, 2026 | 175.25 Mn |
| Dec 31, 2025 | 167.06 Mn |
| Sep 30, 2025 | 159.16 Mn |
| Jun 30, 2025 | 161.11 Mn |
| Mar 31, 2025 | 156.22 Mn |
| Dec 31, 2024 | 150.11 Mn |
| Sep 30, 2024 | 146.28 Mn |
| Jun 30, 2024 | 142.67 Mn |
| Mar 31, 2024 | 149.45 Mn |
| Dec 31, 2023 | 142.03 Mn |
| Sep 30, 2023 | 135.70 Mn |
| Jun 30, 2023 | 140.53 Mn |
| Mar 31, 2023 | 147.80 Mn |
| Dec 31, 2022 | 131.94 Mn |
| Sep 30, 2022 | 130.02 Mn |
| Jun 30, 2022 | 130.26 Mn |
| Mar 31, 2022 | 132.29 Mn |
| Dec 31, 2021 | 128.46 Mn |
| Sep 30, 2021 | 124.43 Mn |