IDXX
IDEXX Laboratories Inc.Stock · HealthcareNasdaq-100 0.2% · S&P 500 Equal Weight 0.2% · Nasdaq Composite 0.10% · S&P 500 0.06% · Russell 1000 0.06% · Russell 3000 0.06% · US Stock Market 0.06% · MSCI World 0.05% · MSCI ACWI 0.05%$504.70-0.36%
as of market close, Sep 11, 2026
☾ AH — —
IDXX financial statements
The full income statement, balance sheet, and cash-flow statement for IDEXX Laboratories Inc. (IDXX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 82.3M2024-09 81.9M2024-12 81.3M2025-03 80.4M2025-06 80.0M2025-09 79.9M2025-12 79.6M2026-03 78.9M2026-06 78.8M-4.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.30B+10.4% | 3.90B+6.5% | 3.66B+8.7% | 3.37B+4.7% | 3.22B+18.8% | |
| 2.66B+11.8% | 2.38B+8.6% | 2.19B+9.3% | 2.00B+6.1% | 1.89B+20.3% | ||
| Cost of revenue | 1.64B+8.3% | 1.52B+3.2% | 1.47B+7.9% | 1.36B+2.8% | 1.33B+16.8% | |
| 1.30B+3.9% | 1.25B+14.4% | 1.09B-1.2% | 1.11B | — | ||
| Research & development | 251M+14.3% | 220M+15.1% | 191M-25.1% | 255M+58.3% | 161M+14.0% | |
| Selling, general & administrative | 405M-8.5% | 442M+31.7% | 336M+2.9% | 326M+5.4% | 310M+2.9% | |
| General & administrative | 405M-8.5% | 442M+31.7% | 336M+2.9% | 326M+5.4% | 310M+2.9% | |
| Selling & marketing | 644M+9.4% | 589M+4.0% | 566M+7.9% | 525M+7.8% | 487M+12.0% | |
| Amortization of intangibles | 20.2M+18.1% | 17.1M+23.9% | 13.8M-8.0% | 15.0M+24.0% | 12.1M+23.5% | |
| Provision for credit losses | 8.43M+22.7% | 6.87M+23.7% | 5.55M-4.8% | 5.83M+292.8% | 1.48M-70.0% | |
| Operating income | 1.36B+20.5% | 1.13B+2.8% | 1.10B+22.1% | 899M-3.6% | 932M+34.2% | |
| Interest expense | 38.9M+24.5% | 31.2M-25.0% | 41.6M+4.3% | 39.9M+33.7% | 29.8M-10.0% | |
| Pre-tax income | 1.32B+19.3% | 1.11B+4.6% | 1.06B+23.4% | 860M-4.7% | 903M+36.4% | |
| Income tax | 265M+19.3% | 222M+2.7% | 216M+19.5% | 181M+14.6% | 158M+97.6% | |
| 1.06B+19.3% | 888M+5.1% | 845M+24.4% | 679M-8.8% | 745M+28.0% | ||
| Net income to non-controlling interest | — | — | 0.00 | 0.00+100.0% | -1.00K-100.3% | |
| $13.08+22.6% | $10.67+6.1% | $10.06+25.3% | $8.03-6.6% | $8.60+28.2% | ||
| EPS (basic) | $13.17+22.3% | $10.77+5.9% | $10.17+25.2% | $8.12-7.1% | $8.74+28.2% | |
| Weighted-avg shares (basic) | 80.4M-2.5% | 82.5M-0.7% | 83.1M-0.7% | 83.6M-1.9% | 85.2M-0.2% | |
| Weighted-avg shares (diluted) | 81.0M-2.7% | 83.2M-0.9% | 84.0M-0.7% | 84.6M-2.3% | 86.6M-0.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.41B+1.0% | 1.40B-6.4% | 1.50B+35.7% | 1.10B+15.3% | 956M-10.1% | ||
| Cash & equivalents | 180M-37.5% | 288M-36.5% | 454M+303.3% | 113M-22.1% | 144M-62.4% | |
| Accounts receivable | 552M+16.6% | 474M+3.5% | 457M+14.2% | 401M+8.8% | 368M+11.1% | |
| Inventory | 378M-1.1% | 382M+0.4% | 380M+3.4% | 368M+36.7% | 269M+28.2% | |
| Prepaid expenses | 57.9M-1.2% | 58.6M+21.2% | 48.4M+15.9% | 41.7M-0.6% | 42.0M+21.5% | |
| Other current assets | 304M+18.5% | 256M+25.8% | 204M-7.7% | 220M+26.8% | 174M+26.4% | |
| 3.35B+1.7% | 3.29B+1.0% | 3.26B+18.7% | 2.75B+12.7% | 2.44B+6.2% | ||
| Property, plant & equipment | 747M+4.8% | 713M+1.6% | 702M+8.1% | 649M+10.5% | 588M+5.9% | |
| Operating lease right-of-use | 123M+6.1% | 116M+0.5% | 115M-2.6% | 119M+12.9% | 105M+15.3% | |
| Goodwill | 414M+2.2% | 405M+10.7% | 366M+1.2% | 362M+0.7% | 359M+47.7% | |
| Intangible assets | 110M-1.6% | 112M+32.2% | 84.5M-13.5% | 97.7M-1.4% | 99.0M+88.5% | |
| Deferred tax assets | 27.9M-77.8% | 126M+17.0% | 107M+94.4% | 55.2M+122.8% | 24.8M-21.4% | |
| Other non-current assets | 542M-0.9% | 548M+10.3% | 497M+18.9% | 418M+26.4% | 330M+14.1% | |
| Total non-current assets | 1.94B+2.3% | 1.89B+7.3% | 1.76B+7.3% | 1.65B+11.1% | 1.48B+20.3% | |
| 1.15B+7.6% | 1.07B+12.2% | 952M-23.0% | 1.24B+61.8% | 764M+31.0% | ||
| Accounts payable | 110M-3.3% | 114M+3.2% | 111M+0.4% | 110M-5.1% | 116M+55.8% | |
| Accrued liabilities | 530M+5.6% | 502M+4.9% | 479M+10.4% | 434M-5.5% | 459M+10.4% | |
| Deferred revenue | 35.3M+4.3% | 33.8M-9.1% | 37.2M-2.0% | 37.9M-5.2% | 40.0M-6.0% | |
| Short-term & current debt | 75.0M-55.3% | 168M+123.7% | 75.0M+0.0% | 75.0M-0.0% | 75.0M+50.0% | |
| Current lease liability | 27.1M+25.7% | 21.5M+8.8% | 19.8M-3.1% | 20.4M+2.5% | 19.9M+12.4% | |
| 1.75B+2.8% | 1.70B-4.4% | 1.78B-17.0% | 2.14B+22.4% | 1.75B+5.1% | ||
| Long-term debt | 375M-16.7% | 450M-27.8% | 623M-10.3% | 694M-10.4% | 775M-9.7% | |
| Deferred revenue (non-current) | 32.2M+19.4% | 26.9M-5.6% | 28.5M-7.5% | 30.9M-25.0% | 41.2M-10.8% | |
| Non-current lease liability | 101M+3.4% | 97.8M-1.8% | 99.7M-1.5% | 101M+15.9% | 87.4M+13.4% | |
| Operating lease liability (total) | 128M+7.4% | 119M-0.1% | 119M-1.8% | 122M+13.4% | 107M+13.2% | |
| Deferred tax liabilities | 31.9M+181.7% | 11.3M+56.4% | 7.24M-11.2% | 8.15M-8.8% | 8.94M-23.7% | |
| Other non-current liabilities | 56.5M+27.5% | 44.3M-32.3% | 65.5M-3.0% | 67.6M-4.7% | 70.9M-17.1% | |
| Total non-current liabilities | 597M-5.3% | 630M-23.5% | 824M-8.7% | 902M-8.3% | 984M-8.8% | |
| 1.61B+0.6% | 1.60B+7.5% | 1.48B+143.9% | 609M-11.8% | 690M+9.2% | ||
| Common stock | 10.8M+0.5% | 10.8M+0.3% | 10.8M+0.3% | 10.7M+0.3% | 10.7M+0.4% | |
| Additional paid-in capital | 1.83B+9.1% | 1.67B+6.6% | 1.57B+7.3% | 1.46B+6.2% | 1.38B+6.4% | |
| Retained earnings | 6.39B+19.9% | 5.33B+20.0% | 4.44B+23.5% | 3.60B+23.3% | 2.92B+34.2% | |
| Treasury stock | 6.56B+23.0% | 5.33B+19.2% | 4.47B+1.9% | 4.39B+23.0% | 3.57B+27.5% | |
| Accumulated other comprehensive income | -68.8M+26.5% | -93.6M-31.5% | -71.2M+8.5% | -77.8M-45.5% | -53.5M+0.2% | |
| Non-controlling interest | — | — | — | — | 0.00-100.0% | |
| Total equity incl. non-controlling | — | — | 1.48B+143.9% | 609M-11.8% | 690M+9.0% | |
| Total liabilities & equity | 3.35B+1.7% | 3.29B+1.0% | 3.26B+18.7% | 2.75B+12.7% | 2.44B+6.2% | |
| Common shares issued | 108M+0.5% | 108M+0.3% | 108M+0.3% | 107M+0.3% | 107M+0.4% | |
| Common shares outstanding | 79.7M-2.3% | 81.6M-1.7% | 83.0M+0.2% | 82.9M-2.0% | 84.6M-1.0% | |
| Shares outstanding (cover) | 79.6M-2.1% | 81.3M-2.1% | 83.1M+0.2% | 82.9M-1.6% | 84.2M-1.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.18B+27.2% | 929M+2.5% | 907M+66.9% | 543M-28.1% | 756M+16.6% | ||
| Depreciation & amortization | 145M+11.7% | 130M+13.1% | 115M+2.7% | 112M+7.0% | 105M+9.0% | |
| Intangible amortization | 20.2M+18.1% | 17.1M+23.9% | 13.8M-8.0% | 15.0M+24.0% | 12.1M+23.5% | |
| Share-based compensation | 60.0M-0.5% | 60.3M+0.9% | 59.7M+20.0% | 49.8M+31.8% | 37.8M+22.0% | |
| Deferred income taxes | 131M+642.3% | -24.2M+49.9% | -48.3M-38.5% | -34.9M-915.2% | -3.44M+90.6% | |
| Change in receivables | 68.7M+143.0% | 28.3M-47.5% | 53.9M+30.1% | 41.4M+24.9% | 33.1M-45.4% | |
| Change in inventory | 789K-97.2% | 28.0M-2.3% | 28.7M-76.5% | 122M+130.0% | 52.9M+180.2% | |
| Change in payables | -8.57M-206.0% | 8.09M+1551.7% | -557K-116.1% | 3.47M | — | |
| Other operating activities | 5.03M+242.4% | 1.47M-26.7% | 2.00M-24.2% | 2.65M+1.0% | 2.62M+89.9% | |
| -136M+34.2% | -207M-65.3% | -125M+35.9% | -195M+33.3% | -293M-167.9% | ||
| Capital expenditure | 125M+3.1% | 121M-9.5% | 134M-10.2% | 149M+24.5% | 120M+11.8% | |
| Free cash flow | 1.06B+30.8% | 808M+4.6% | 773M+96.1% | 394M-38.0% | 636M+17.5% | |
| Acquisitions | 0.00-100.0% | 76.7M | 0.00-100.0% | 11.5M-93.4% | 173M+11461.2% | |
| -1.16B-32.7% | -878M-98.7% | -442M-19.2% | -371M+46.8% | -697M-180.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.22B+45.4% | 837M+1063.8% | 71.9M-91.2% | 820M+9.8% | 747M+308.5% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 11.2M+217.5% | -9.53M-548.4% | 2.13M+124.7% | -8.61M-85.5% | -4.64M-239.3% | |
| Net change in cash | -108M+34.7% | -166M-148.5% | 341M+1169.9% | -31.9M+86.7% | -239M-181.6% | |
| Interest paid | 37.7M+11.5% | 33.8M-17.6% | 41.0M+1.7% | 40.3M+32.1% | 30.5M-5.9% | |
| Income taxes paid | 167M-45.5% | 307M+59.6% | 193M-19.7% | 240M+48.3% | 162M+46.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 53.9B+60.2% | 33.6B-27.1% | 46.1B+36.4% | 33.8B-39.1% | 55.5B+29.9% | |
| P/E | 50.8×+34.3% | 37.9×-32.4% | 56.0×+11.1% | 50.5×-32.3% | 74.5×+1.5% | |
| P/S | 12.5×+45.1% | 8.6×-32.9% | 12.8×+27.0% | 10.1×-41.4% | 17.3×+9.4% | |
| P/B | 33.6×+59.2% | 21.1×-40.7% | 35.5×-49.9% | 71.0×-11.7% | 80.4×+19.0% | |
| P/FCF | 51.0×+22.5% | 41.6×-38.6% | 67.8×-10.1% | 75.4×-13.6% | 87.2×+10.5% | |
| Earnings yield | 2.0%-25.5% | 2.6%+48.0% | 1.8%-10.0% | 2.0%+47.6% | 1.3%-1.4% | |
| FCF yield | 2.0%-18.3% | 2.4%+63.0% | 1.5%+11.2% | 1.3%+15.7% | 1.1%-9.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IDXX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IDXX filings on SEC EDGAR → Not investment advice.