Idexx Laboratories (IDXX) Research & Development (2009 - 2026)
Idexx Laboratories (IDXX) recorded Research & Development of $65.43 million in Q2 2026, up 5.7% from $61.9 million a year earlier but down 0.5% from the prior quarter.
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Analysis
Idexx Laboratories (IDXX) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Idexx Laboratories' Research & Development came in at $261.47 million as of Jun 30, 2026, up 12.4% year-over-year; for FY2025, it came in at $251.21 million, up 14.3% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $219.79 million in FY2024 (+15.1%), $190.95 million in FY2023 (-25.1%), $254.82 million in FY2022 (+58.3%) and $161.01 million in FY2021 (+14.0%).
- Quarterly Research & Development has ranged from $40.17 million in Q1 2022 to $123.22 million in Q2 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for 11 consecutive quarters, with growth averaging 12.3% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 226.9% in Q2 2022, against a decline of 62.3% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $65.79 million (Q1 2026), $66.83 million (Q4 2025) and $63.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 3.65 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | -2.85 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | -4.05 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 65.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.43 Mn |
| 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 |
API Access
Idexx Laboratories Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=IDXX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "IDXX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();