What is Idexx Laboratories's R&D?

Idexx Laboratories (IDXX) reported R&D of $65.79M in Q1 2026.

How has Idexx Laboratories's R&D changed year-over-year?

Idexx Laboratories's R&D increased by 11.4% year-over-year, from $59.06M to $65.79M.

What is the long-term trend for Idexx Laboratories's R&D?

Over 4 years (2021 to 2025), Idexx Laboratories's R&D has grown at a 11.8% compound annual growth rate (CAGR), from $161.01M to $251.21M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Idexx Laboratories IDXX R&D

R&D at other companies

Thermo Fisher ScientificTMO

$336M-1.8%

NeogenNEOG

$3.8M-15.6%

ZoetisZTS

$180M+11.1%

DanaherDHR

$387M+2.1%

Bio-Rad LaboratoriesBIO

$62.9M-14.4%

Agilent TechnologiesA

$126M+12.5%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$266.2M+11.9%

CapEx$32.0M+6.5%

Free cash flow$234.3M+12.7%

Valuation

See full

Market cap$41.53B+3.7%

Enterprise value$41.9B+3.3%

P/E37.9×-2.7×

P/S9.3×-0.6×

Profitability

See full

Gross margin62.1%+0.8pp

Operating margin31.6%+2.5pp

Net margin24.6%+1.9pp

FCF margin24.4%+2.8pp

Returns & leverage

See full

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:ResearchAndDevelopmentExpense.

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

Ask your AI about Idexx Laboratories's r&d.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Idexx Laboratories's R&D?: Idexx Laboratories (IDXX) reported R&D of $65.79M in Q1 2026.
How has Idexx Laboratories's R&D changed year-over-year?: Idexx Laboratories's R&D increased by 11.4% year-over-year, from $59.06M to $65.79M.
What is the long-term trend for Idexx Laboratories's R&D?: Over 4 years (2021 to 2025), Idexx Laboratories's R&D has grown at a 11.8% compound annual growth rate (CAGR), from $161.01M to $251.21M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.