Idexx Laboratories IDXX
NASDAQ IDXX
$544.80 -8.64 (-1.56%)
As of: Aug 27, 2026 · 3:59 PM EDT

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

Idexx Laboratories (IDXX) posted quarterly Tax Rate of 21.66% for Q1 2026, down 8.0% year-over-year from 23.55% in Q1 2025, and up 13.1% quarter-over-quarter from 19.15% in Q4 2025.

Idexx Laboratories (IDXX) Tax Rate (2009 - 2026) Analysis & Trends

Idexx Laboratories' Tax Rate history runs 18 years deep, the most recent figure standing at 21.66% for 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 for Q1 2026 stood at 21.66%, 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.
  • The 5-year median for Tax Rate is 20.35% (2025), against an average of 20.42%.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate soared 477 bps in 2022, then plunged 314 bps in 2024.
  • Idexx Laboratories' Tax Rate stood at 19.23% in 2022, then fell by 2 bps to 18.84% in 2023, then retreated by 17 bps to 15.69% in 2024, then advanced by 22 bps to 19.15% in 2025, then climbed by 13 bps to 21.66% in 2026.
  • Business Quant data shows IDXX's Tax Rate at 21.66% in Q1 2026, 19.15% in Q4 2025, and 20.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 234.15 Bn 230.09 Bn 8.34 Bn 8.68%
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 19.29%
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 0.45%
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 19.93%
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 18.89%
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 19.52%
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 22.59%
10 Quest Diagnostics 27.10 Bn 26.47 Bn 1.03 Bn 21.36%

Historic Data

Download Data
DateValue
Jun 30, 2026 18.89
Jun 30, 2026 18.89
Jun 30, 2026 18.89
Mar 31, 2026 21.66
Mar 31, 2026 21.66
Mar 31, 2026 21.66
Dec 31, 2025 19.15
Dec 31, 2025 19.15
Dec 31, 2025 19.15
Sep 30, 2025 20.35
Sep 30, 2025 20.35
Sep 30, 2025 20.35
Jun 30, 2025 18.87
Jun 30, 2025 18.87
Jun 30, 2025 18.87
Mar 31, 2025 21.74
Mar 31, 2025 21.74
Mar 31, 2025 21.74
Dec 31, 2024 15.69
Dec 31, 2024 15.69