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Idexx Laboratories Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Idexx Laboratories holds $3.4B in total assets. Shareholders' equity is $1.6B against $575.5M in total debt. Cash and equivalents total $200.5M. The current ratio is 1.12 and debt-to-equity is 0.370. Based on the Q1 2026 filing.

Total Assets$3.4BTotal Stockholders Equity$1.6BLong Term Debt$299.9MCash And Equivalents$200.5MTotal Current Assets$1.5BTotal Current Liabilities$1.3B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$44.0B
P/E Ratio40.18
ROE72.92%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$114.2M$120.1M$116.6M$122.3M$110.4M$130M
Accrued expenses$502.1M$122.2M$140.9M$192.5M$212.4M$144.6M
Accrued Manufacturing Costs$174.6M$122.2M$140.9M$192.5M$212.4M$144.6M
Accrued Marketing and Advertising Expenses$78.2M$74.9M$85M$86.4M$87.6M$89.6M
Accrued Progress Collections and Price Adjustments$26.9M$26.8M$31.8M$31.1M$32.2M$32.3M
Other Commercial Liabilities$502.1M$490.7M$417M$488.9M$530.1M$453.6M
Contract liabilities$26.9M$26.8M$31.8M$31.1M$32.2M$32.3M
Accrued Income Taxes, Current$62.3M$101.9M$75.2M$89.2M$88.7M$80M
Accrued Liabilities, Current$502.1M$490.7M$417M$488.9M$530.1M$453.6M
Compensation and benefits$174.6M$122.2M$140.9M$192.5M$212.4M$144.6M
Revolving credit facility$250M$319.5M$579M$455M$398M$530M
Current portion of long-term debt$167.8M$170.9M$75M$150M$75M$150M
Deferred revenue$33.8M$35M$36.3M$35.7M$35.3M$36.3M
Income taxes payable$62.3M$101.9M$75.2M$89.2M$88.7M$80M
Lease Liability Payments - 2020 (Remaining Three Months)—$21.4M$14.5M$6M—$23.6M
Operating Lease Liability Payments - 2024 (Lessee)—$22.4M$27.3M$29.1M—$24.5M
Operating Lease Liability Payments - 2025 (Lessee)—$12.8M$16.9M$18.1M—$12.4M
Lease Liability Payments - Due Year Two—$22.4M$27.3M$29.1M—$24.5M
Lease Liability Payments - Due Year Three—$16.3M$21M$22.8M—$19.6M
Lease Liability Payments - Due Year Four—$12.8M$16.9M$18.1M—$12.4M
Lease Liability Payments - Remainder of Fiscal Year—$27.8M$32.7M$34.2M—$30.3M
Line of Credit Outstanding$250M$319.5M$579M$455M$398M$530M
Operating lease liabilities, current$21.5M$22.1M$25.8M$26.6M$27.1M$26.9M
Operating Lease Liability Payments Due—$139.4M$155.1M$153.5M—$145.3M
Operating Lease Liability - Undiscounted Excess Amount—$20.2M$21.6M$20.3M—$19.7M
Other current liabilities$0$0$0$0$0$0
Supplier Finance Program Obligations596700000.0%866100000.0%723700000.0%724500000.0%624900000.0%683600000.0%
Total current liabilities$1.1B$1.1B$1.2B$1.3B$1.1B$1.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$473.6M$527.5M$560.6M$566.9M$552.4M$603.5M
Allowance for Doubtful Accounts$12.6M$12.7M$12.2M$11.7M$11.3M$14.3M
Allowance for Doubtful Accounts Receivable (Current)$12.6M$12.7M$12.2M$11.7M$11.3M$14.3M
Cash and cash equivalents$288.3M$164M$164.6M$208.2M$180.1M$200.5M
Contract assets$60.8M$62.9M$67.9M$72M$75.8M$77.7M
Finished goods$245.8M$256.3M$253.4M$255.1M$248.9M$249.9M
Other current assets$256.2M$230.2M$244.6M$310.4M$303.6M$267.6M
Income taxes receivable$27M$13.8M$35M$76.1M$65M$16M
Finished goods$245.8M$256.3M$253.4M$255.1M$248.9M$249.9M
Raw materials$104.2M$104.7M$104.1M$102.5M$96.3M$98.4M
Work in process$31.9M$35M$35.1M$34M$32.6M$34.1M
Inventories$381.9M$396M$392.6M$391.6M$377.8M$382.4M
Prepaid expenses and other current assets$256.2M$62.2M$66.7M$70M$73.6M$76.9M
Total current assets$1.4B$1.3B$1.4B$1.5B$1.4B$1.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.7B$1.7B$1.7B$1.8B$1.8B$1.9B
Accumulated other comprehensive income (loss)-$93.6M-$90.1M-$77M-$73M-$68.8M-$64.9M
Common stock10.8M120M120M120M120M120M
Common Stock Par Value Per Share$0.10$0.10$0.10$0.10$0.10$0.10
Common Stock Shares Issued107.8M107.9M108M108.3M108.4M108.5M
Additional paid-in capital$1.7B$1.7B$1.7B$1.8B$1.8B$1.9B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$10.8M$10.8M$10.8M$10.8M$10.8M$10.9M
Retained earnings$5.3B$5.6B$5.9B$6.1B$6.4B$6.7B
Share-Based Payment - Unrecognized Cost of Nonvested Awards—$108.3M$94.7M$80.9M—$120.4M
Total liabilities and stockholders' equity$3.3B$3.2B$3.3B$3.4B$3.4B$3.4B
Total stockholders' equity$1.6B$1.4B$1.5B$1.6B$1.6B$1.6B
Treasury stock$5.3B$5.7B$6.1B$6.3B$6.6B$6.9B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capitalized Contract Costs, Net$22M$22.8M$21.5M$21.5M$21.4M$21.3M
Contract Assets, Non-Current$185.5M$189.9M$206.9M$216.8M$236.9M$241M
Deferred Tax Assets and Other Non-Current Assets$547.5M$547.6M$580.8M$513.6M$542.5M$552.8M
Goodwill$405.1M$407.5M$414.5M$413.7M$414M$412.1M
Equity securities$31M$31M$31M$31.8M$31.8M$27.6M
Intangible assets, net$111.7M$107.4M$103.7M$114.8M$109.8M$104.8M
Net Investment in Lease$116.1M$116M$129.8M$128.2M$123.2M$121.4M
Deferred contract costs$134.9M$135.6M$151M$167.3M$176.6M$187.7M
Deferred tax assets$125.6M$123.1M$125M$31.5M$27.9M$23.3M
Other intangible assets—net$111.7M$107.4M$103.7M$114.8M$109.8M$104.8M
Operating lease right-of-use assets$116.1M$116M$129.8M$128.2M$123.2M$121.4M
Other non-current assets$547.5M$547.6M$580.8M$513.6M$542.5M$552.8M
Operating lease right-of-use assets$116.1M$116M$129.8M$128.2M$123.2M$121.4M
Operating Lease Right-of-Use Assets in Other Assets$116.1M$116M$129.8M$128.2M$123.2M$121.4M
Other non-current assets$43.8M$41M$39.5M$39M$42.6M$47.3M
Prepaid Expenses, Non-Current$26.7M$27M$27.3M$27.3M$26.7M$26M
Property and equipment, net$713.1M$717.6M$739.7M$739.4M$747.4M$740.4M
Software and Technology Licenses, Net$547.5M$547.6M$580.8M$513.6M$542.5M$552.8M
Total assets$3.3B$3.2B$3.3B$3.4B$3.4B$3.4B
Total noncurrent assets$1.9B$1.9B$2B$1.9B$1.9B$1.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contingent Consideration Liability (Non-Current)————$1.8M$1.9M
Contract Liabilities, Non-Current$26.9M$26.8M$31.8M$31.1M$32.2M$32.3M
Operating Lease Liability Payments - 2027 (Lessee)—$16.3M$21M$22.8M—$19.6M
Operating Lease Liability Payments - 2028 (Lessee)—$12.8M$16.9M$18.1M—$12.4M
Long-term debt$449.8M$449.8M$449.8M$374.8M$374.8M$299.9M
Marketing and selling$78.2M$74.9M$85M$86.4M$87.6M$89.6M
Deferred revenue, net of current portion$26.9M$26.8M$31.8M$31.1M$32.2M$32.3M
Operating lease liabilities, non-current$97.8M$97M$107.6M$106.5M$101.2M$98.7M
Operating Lease Liabilities (Total)$119.4M$119.1M$133.5M$133.1M$128.2M$125.6M
Other non-current liabilities$44.3M$47.7M$56.8M$57.6M$56.5M$54M
Total liabilities$1.7B$1.8B$1.9B$1.8B$1.7B$1.8B
Total noncurrent liabilities$630.2M$629.5M$648.1M$573.7M$596.6M$529.5M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Percent of accounts receivable not past due (as a percent)85.0%86.0%88.0%88.0%87.0%88.0%
Percent of accounts receivable past due (as a percent)15.0%14.0%12.0%12.0%13.0%12.0%
Income taxes payable – long-term$20.9M$22.7M$14.1M$14.8M$14.5M$14.5M
Accounts Receivable, Allowance for Credit Loss$12.6M$12.7M$12.2M$11.7M$11.3M$14.3M
Business Combination, Contingent Consideration, Liability————$1.8M$1.9M
Capitalized Contract Cost, Net$22M$22.8M$21.5M$21.5M$21.4M$21.3M
Common shares outstanding (in shares)60K59K60K60K59K60K
Deferred stock units: Outstanding: 60 units in 2026 and 59 units in 2025$5.9M$5.9M$6.2M$6.2M$6.1M$6.2M
Common stock, par value (in dollars per share)$0.1$0.1$0.1$0.1$0.1$0.1
Common stock, shares authorized (in shares)$120M$120M$120M$120M$120M$120M
Common stock, shares issued (in shares)$107.8M$107.9M$108M$108.3M$108.4M$108.5M
Common Stock, Shares, Outstanding$81.6M$80.7M$80.2M$80M$79.7M$79.2M
Reserve for contract assets and sales-type leases$6.8M$7M$7.6M$8M$8.6M$8.8M
Other contract costs$61.7M$62.2M$66.7M$70M$73.6M$76.9M
Deferred income taxes$11.3M$8.1M$2.1M$3.7M$31.9M$44.6M
Unrecognized compensation cost related to non-vested awards—$108.3M$94.7M$80.9M—$120.4M
Guarantor obligations, current carrying value$0$0$0$0$0$0
Tax receivable within other current assets$27M$13.8M$35M$76.1M$65M$16M
Lessee Operating Lease Liability Payments Due—$139.4M$155.1M$153.5M—$145.3M
Thereafter—$38.7M$42.7M$43.2M—$34.9M
Lessee Operating Lease Liability Undiscounted Excess Amount—$20.2M$21.6M$20.3M—$19.7M
Other accrued liabilities$165.6M$169.5M$90M$94.1M$114.3M$112.5M
Other$48.2M$38M$28.8M$31.5M$31.3M$32.7M
Prepaid expenses$58.6M$53.3M$46.2M$60.8M$57.9M$64.3M
Accrued settlement liabilities————$8.5M$10.8M
Supplier finance program, obligation$6M$8.7M$7.2M$7.2M$6.2M$6.8M
Treasury stock, shares (in shares)$26.2M$27.2M$27.9M$28.3M$28.7M$29.3M
Unrecorded Unconditional Purchase Obligation—————$3.2M
Remainder of Fiscal Year 2024—$21.4M$14.5M$6M—$23.6M
Unrecorded Unconditional Purchase Obligation—————$3.2M