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IDEXX LABORATORIES INC /DE

CIK: 874716 SIC: 2835
$4.30B
Revenue
$1.06B
Net Income
61.80%
Gross Margin
31.60%
Op. Margin
$1.62B
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 14 of 47 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $1.09B $1.11B $1.11B $998.43M $954.29M $975.54M $1.00B $964.10M $901.60M $915.53M $943.63M $900.20M $828.57M $841.66M
Revenue Growth % (YoY) 14.3% 13.3% 10.6% 3.6% 5.8% 6.6% 6.4% 7.1% 8.8% 8.8% nan% nan% nan% nan%
Cost of Revenue $432.46M $421.88M $414.73M $375.05M $383.63M $379.50M $384.42M $371.02M $375.43M $367.55M $370.78M $357.22M $343.64M $335.04M
+ Gross Profit $658.11M $683.35M $694.73M $623.38M $570.66M $596.04M $619.16M $593.07M $526.17M $547.98M $572.85M $542.97M $484.93M $506.63M
Gross Margin % 60.3% 61.8% 62.6% 62.4% 59.8% 61.1% 61.7% 61.5% 58.4% 59.9% 60.7% 60.3% 58.5% 60.2%
Operating Expenses $342.51M $328.51M $321.69M $306.85M $308.97M - - - - - - - - -
Research & Development $66.83M $63.41M $61.90M $59.06M $57.73M $53.98M $55.45M $52.63M $51.81M $47.97M $46.51M $44.67M $43.42M $48.01M
+ Operating Income $315.61M $354.85M $373.05M $316.53M $261.69M $303.89M $263.80M $298.96M $245.30M $275.28M $296.14M $280.40M $226.53M $244.83M
Operating Margin % 28.9% 32.1% 33.6% 31.7% 27.4% 31.2% 26.3% 31.0% 27.2% 30.1% 31.4% 31.1% 27.3% 29.1%
Interest Expense $8.06M $10.65M $11.32M $7.67M $10.09M $7.70M $8.10M $7.91M $9.27M $8.65M $10.54M $13.13M $13.55M $11.00M
Income Before Tax $306.98M $344.77M $362.35M $310.08M $256.39M $298.91M $259.06M $295.48M $239.67M $267.89M $285.93M $267.69M $213.22M $234.18M
Income Tax Expense $58.79M $70.16M $68.36M $67.41M $40.24M $66.07M $55.76M $59.90M $45.15M $55.66M $61.69M $53.63M $41.01M $53.24M
+ Net Income $248.19M $274.61M $293.99M $242.68M $216.15M $232.84M $203.30M $235.58M $194.52M $212.23M $224.24M $214.05M $172.21M $180.94M
Net Margin % 22.8% 24.8% 26.5% 24.3% 22.7% 23.9% 20.3% 24.4% 21.6% 23.2% 23.8% 23.8% 20.8% 21.5%
Basic EPS nan 3.43 3.66 2.98 2.65 2.83 2.46 2.84 2.34 2.55 2.70 2.58 2.08 2.17
Diluted EPS nan 3.40 3.63 2.96 2.62 2.80 2.44 2.81 2.31 2.53 2.67 2.55 2.06 2.15
Basic Shares Outstanding -178K 80.1M 80.4M 81.3M -208K 82.3M 82.6M 83.1M 8K 83.1M 83.1M 83.0M -232K 83.2M
Diluted Shares Outstanding -182K 80.7M 81.0M 81.9M -232K 83.1M 83.4M 84.0M -12K 84.0M 84.0M 84.0M -258K 84.1M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $180.07M $208.17M $164.59M $163.97M $288.27M $308.64M $401.59M $397.43M $453.93M $331.70M $132.84M $111.37M $112.55M $99.18M
Accounts Receivable $552.38M $566.88M $560.56M $527.46M $473.57M $511.25M $533.61M $507.21M $457.44M $452.70M $461.86M $446.02M $400.62M $388.07M
Inventory $377.76M $391.56M $392.58M $395.99M $381.88M $389.80M $379.96M $390.60M $380.28M $393.97M $395.14M $391.01M $367.82M $354.98M
Other Current Assets $303.62M $310.44M $244.62M $230.19M $256.18M $224.05M $213.46M $206.73M $203.59M $205.86M $189.19M $201.04M $220.49M $216.64M
Total Current Assets $1.41B $1.48B $1.36B $1.32B $1.40B $1.43B $1.53B $1.50B $1.50B $1.38B $1.18B $1.15B $1.10B $1.06B
Property Plant & Equipment $747.38M $739.44M $739.68M $717.62M $713.12M $717.75M $708.18M $708.73M $702.18M $687.10M $683.27M $665.44M $649.47M $612.40M
Goodwill $414.00M $413.65M $414.49M $407.49M $405.10M $412.07M $408.02M $408.67M $365.96M $361.77M $364.21M $362.94M $361.80M $355.29M
Intangible Assets $109.84M $114.79M $103.73M $107.41M $111.68M $106.89M $110.81M $115.35M $84.50M $87.13M $90.93M $94.36M $97.67M $99.97M
Other Non-current Assets $542.48M $513.57M $580.76M $547.56M $547.52M $559.27M $539.72M $498.91M $496.53M $448.40M $439.23M $421.15M $417.73M $403.44M
Total Assets $3.35B $3.39B $3.33B $3.21B $3.29B $3.35B $3.41B $3.35B $3.26B $3.09B $2.87B $2.81B $2.75B $2.64B
Accounts Payable $110.41M $122.27M $116.58M $120.10M $114.21M $110.60M $117.47M $117.46M $110.64M $112.61M $107.66M $117.71M $110.22M $110.14M
Accrued Liabilities $530.15M $488.86M $416.98M $490.69M $502.12M $511.05M $541.12M $476.25M $478.71M $420.31M $399.43M $403.60M $433.66M $405.99M
Deferred Revenue $35.26M $35.69M $36.32M $35.00M $33.80M $38.43M $38.00M $38.19M $37.20M $37.28M $37.78M $37.84M $37.94M $40.81M
Total Current Liabilities $1.15B $1.25B $1.22B $1.14B $1.07B $1.01B $1.12B $956.90M $951.55M $970.19M $883.86M $1.07B $1.24B $1.19B
Long-term Debt $450.00M $374.82M $449.81M $449.80M $449.79M $524.76M $524.74M $620.78M $622.88M $618.81M $696.84M $696.36M $694.39M $760.81M
Deferred Tax Liabilities $31.86M $3.72M $2.09M $8.11M $11.31M $5.66M $10.02M $8.75M $7.24M $10.59M $5.57M $5.83M $8.15M $14.49M
Other Non-current Liabilities $56.53M $57.62M $56.79M $47.73M $44.34M $62.88M $53.40M $66.26M $65.53M $60.21M $64.28M $70.86M $67.59M $70.95M
Total Liabilities $1.75B $1.83B $1.87B $1.77B $1.70B $1.73B $1.83B $1.78B $1.78B $1.79B $1.78B $1.97B $2.14B $2.16B
Common Stock $10.84M $10.83M $10.80M $10.79M $10.78M $10.77M $10.77M $10.77M $10.75M $10.74M $10.74M $10.73M $10.72M $10.71M
Retained Earnings $6.39B $6.14B $5.87B $5.58B $5.33B $5.12B $4.88B $4.68B $4.44B $4.25B $4.04B $3.81B $3.60B $3.43B
Total Stockholders Equity $1.61B $1.56B $1.46B $1.45B $1.60B $1.62B $1.58B $1.57B $1.48B $1.30B $1.09B $841.10M $608.74M $476.00M
Total Liabilities & Equity $3.35B $3.39B $3.33B $3.21B $3.29B $3.35B $3.41B $3.35B $3.26B $3.09B $2.87B $2.81B $2.75B $2.64B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $248.19M $274.61M $293.99M $242.68M $216.15M $671.72M $438.88M $235.58M $194.52M $650.52M $438.29M $214.05M $172.21M $180.94M
Depreciation & Amortization $38.72M $106.46M $69.83M $34.06M $33.71M $96.23M $62.10M $29.90M $29.74M $85.17M $56.19M $28.33M $28.72M $83.18M
Stock-based Compensation $16.11M $43.90M $29.47M $14.62M $14.26M $46.04M $30.12M $14.40M $15.22M $44.52M $29.29M $13.93M $13.28M $36.49M
Deferred Income Tax - - - - $4.68M $-28.87M $-22.02M $-2.57M $-33.56M $-14.75M $-12.93M $-3.76M - $-36.89M
Change in Receivables $-13.86M $82.59M $74.89M $45.24M $-27.81M $56.09M $82.98M $53.84M $-686.00K $54.56M $61.16M $44.13M $6.34M $35.06M
Change in Inventory $-1.41M $2.20M $4.08M $-2.16M $3.25M $24.76M $6.21M $2.41M $-3.00M $31.65M $38.91M $23.89M $22.11M $99.62M
Change in Payables $-3.60M $-4.98M $-12.11M $-8.12M $5.74M $2.35M $3.80M $-4.45M $6.24M - - - - -
Operating Cash Flow $355.76M $826.04M $423.70M $237.96M $262.02M $666.98M $446.90M $198.59M $249.85M $656.66M $384.23M $183.91M $173.43M $369.56M
Capital Expenditure $29.43M $95.24M $64.13M $30.03M $29.25M $91.67M $63.58M $30.27M $32.56M $101.08M $66.98M $39.51M $49.23M $99.61M
Acquisitions - - - - - $76.69M $77.00M $77.00M - - - - - $11.51M
Investing Cash Flow $-28.13M $-108.11M $-63.24M $-29.61M $-39.84M $-167.22M $-139.85M $-106.94M $-30.43M $-94.82M $-66.98M $-39.51M $-49.23M $-146.12M
Stock Repurchased $237.77M $979.19M $739.00M $400.89M $245.99M $591.04M $370.29M $154.76M $36.85M $35.07M - - $74.02M $745.69M
Financing Cash Flow $-355.70M $-809.26M $-495.95M $-330.32M $-232.78M $-645.29M $-354.31M $-144.07M $-101.84M $-340.15M $-297.11M $-146.08M $-116.72M $-254.22M
Net Change in Cash $-28.10M $-80.10M $-123.67M $-124.30M $-20.37M $-145.30M $-52.34M $-56.50M $122.24M $219.15M $20.29M $-1.18M $13.37M $-45.28M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.11B - $3.21B -
Cost of Revenue $421.88M - $1.21B -
Gross Profit $683.35M - $2.00B -
Operating Expenses $328.51M - $957.04M -
Research & Development $63.41M - $184.37M -
Operating Income $354.85M - $1.04B -
Interest Expense $10.65M - $29.64M -
Income Before Tax $344.77M - $1.02B -
Income Tax Expense $70.16M - $205.93M -
Net Income $274.61M $203.30M $811.28M -
Basic EPS 3.43 - 10.06 -
Diluted EPS 3.40 - 9.99 -
Basic Shares Outstanding $80.10M - $80.61M -
Diluted Shares Outstanding $80.67M - $81.21M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $208.17M $288.27M
Accounts Receivable $566.88M $473.57M
Inventory $391.56M $381.88M
Other Current Assets $310.44M $256.18M
Total Current Assets $1.48B $1.40B
Property Plant & Equipment $739.44M $713.12M
Goodwill $413.65M $405.10M
Intangible Assets $114.79M $111.68M
Other Non-current Assets $513.57M $547.52M
Total Assets $3.39B $3.29B
Accounts Payable $122.27M $114.21M
Accrued Liabilities $488.86M $502.12M
Deferred Revenue $35.69M $33.80M
Total Current Liabilities $1.25B $1.07B
Long-term Debt $374.82M $449.79M
Deferred Tax Liabilities $3.72M $11.31M
Other Non-current Liabilities $57.62M $44.34M
Total Liabilities $1.83B $1.70B
Common Stock $10.83M $10.78M
Retained Earnings $6.14B $5.33B
Total Stockholders Equity $1.56B $1.60B
Total Liabilities & Equity $3.39B $3.29B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $274.61M $203.30M $811.28M -
Depreciation & Amortization - - $106.46M -
Stock-based Compensation - - $43.90M -
Change in Receivables - - $82.59M -
Change in Inventory - - $2.20M -
Change in Payables - - $-4.98M -
Operating Cash Flow - - $826.04M -
Capital Expenditure - - $95.24M -
Acquisitions - - - -
Investing Cash Flow - - $-108.11M -
Stock Repurchased - - $979.19M -
Financing Cash Flow - - $-809.26M -
Net Change in Cash - - $-80.10M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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