Idexx Laboratories (IDXX) Tax Rate (2009 - 2026)

Idexx Laboratories (IDXX) has reported Tax Rate for 18 consecutive years, with 21.66% the latest figure, recorded in Q1 2026.

• In Q1 2026, Tax Rate fell 8.0% year-over-year to 21.66%; the TTM figure through Mar 2026 stood at 20.03% (down 38.0% YoY), while the FY2025 annual figure was 19.99%, down 1.0% from the prior year.
• Tax Rate came in at 21.66% for Q1 2026 at Idexx Laboratories, up from 19.15% in the prior quarter.
• The five-year high for Tax Rate was 22.86% in Q2 2022, with the low at 15.69% in Q4 2024.
• Average Tax Rate over 5 years is 20.42%, with a median of 20.35% recorded in 2025.
• Across the five-year window, Tax Rate jumped 477 bps in 2022 and slumped 314 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 19.23% in 2022, then dropped by 2 bps to 18.84% in 2023, then declined by 17 bps to 15.69% in 2024, then rose by 22 bps to 19.15% in 2025, then gained by 13 bps to 21.66% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 21.66%, 19.15%, and 20.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.