What is Idexx Laboratories's income tax?

Idexx Laboratories (IDXX) reported income tax of $77M in Q1 2026.

How has Idexx Laboratories's income tax changed year-over-year?

Idexx Laboratories's income tax increased by 14.2% year-over-year, from $67.41M to $77M.

What is the long-term trend for Idexx Laboratories's income tax?

Over 4 years (2021 to 2025), Idexx Laboratories's income tax has grown at a 13.8% compound annual growth rate (CAGR), from $157.81M to $264.73M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Idexx Laboratories IDXX Income Tax

Income Tax at other companies

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-$167M—

NeogenNEOG

-$3.3M-375%

ZoetisZTS

$157M-8.2%

DanaherDHR

$208M+108%

Bio-Rad LaboratoriesBIO

-$162.7M-939%

Agilent TechnologiesA

$69M+53.3%

Other financials

Income statement

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Revenue$1.1B+14.3%

Gross profit$722.7M+15.9%

Operating income$362.6M+14.5%

Net income$278.4M+14.7%

EPS (diluted)$3.47+17.2%

Balance sheet

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Cash & equivalents$200.5M+22.3%

Total debt$575.5M-22.2%

Total equity$1.6B+7.5%

Total assets$3.4B+5.3%

Cash flow

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Operating cash flow$266.2M+11.9%

CapEx$32.0M+6.5%

Free cash flow$234.3M+12.7%

Valuation

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Market cap$44.93B-2.5%

Enterprise value$45.3B-2.7%

P/E41×-5.7×

P/S10.1×-1.3×

Profitability

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Gross margin62.1%+0.8pp

Operating margin31.6%+2.5pp

Net margin24.6%+1.9pp

FCF margin24.4%+2.8pp

Returns & leverage

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Return on equity72.9%+13.6pp

Debt / equity0.4×-0.1×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Idexx Laboratories in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Idexx Laboratories’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Idexx Laboratories's income tax?: Idexx Laboratories (IDXX) reported income tax of $77M in Q1 2026.
How has Idexx Laboratories's income tax changed year-over-year?: Idexx Laboratories's income tax increased by 14.2% year-over-year, from $67.41M to $77M.
What is the long-term trend for Idexx Laboratories's income tax?: Over 4 years (2021 to 2025), Idexx Laboratories's income tax has grown at a 13.8% compound annual growth rate (CAGR), from $157.81M to $264.73M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.