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
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