How IDEXX Laboratories makes money

Period

FY2025

How does IDEXX Laboratories make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

IDEXX Laboratories Inc. · FY2025 · year ended 2025-12-31

Revenue$4.3BGross profit$2.7B · 62%Cost of revenue$1.6B · 38%Operating income$1.4B · 32%Operating expenses$1.3B · 30%R&D$251M · 6%SG&A$405M · 9%Selling & marketing$644M · 15%Pre-tax income$1.3B · 31%Other expense$36M · 1%Net income$1.1B · 25%Income tax$265M · 6%Product$2.5B · 59%Service$1.8B · 41%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.