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Companies / Health Care / Idexx Laboratories
IDXX

Idexx Laboratories

Health CareChemicalsS&P 500
Ticker IDXXWESTBROOK, MEFiscal year ends DecemberBook value per share $20.22Diluted shares 79.7M

IDEXX Laboratories, Inc. operates as a global developer, manufacturer, and distributor of diagnostic products and services primarily serving the companion animal veterinary, livestock and poultry, water testing, and human medical point-of-care markets. The company's website is www.idexx.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.30BFY2025
+10.4% year over year
Last 12 mo $4.55B
31.60%FY2025
+2.7 percentage points
Last 12 mo 32.03%
$1.06BFY2025
+19.3% year over year
Last 12 mo $1.14B
65.99%FY2025
+10.3 percentage points
Last 12 mo 70.67%
Cash & financing
$1.18BFY2025
+27.2% year over year
Last 12 mo $1.37B
$1.06BFY2025
+30.8% year over year
Last 12 mo $1.25B
0.53FY2025
Was 0.54× a year earlier
Last 12 mo 0.60
81.0MFY2025
−2.7% year over year
Last 12 mo 79.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Idexx Laboratories does

In the company’s own words

IDEXX Laboratories, Inc. operates as a global developer, manufacturer, and distributor of diagnostic products and services primarily serving the companion animal veterinary, livestock and poultry, water testing, and human medical point-of-care markets. The company's website is www.idexx.com.

The company operates through three primary reportable segments: Companion Animal Group, Water, and Livestock, Poultry and Dairy, along with an Other segment encompassing human medical diagnostics and out-licensing arrangements. The Companion Animal Group represents the largest segment, providing point-of-care diagnostic instruments and consumables, reference laboratory services, veterinary practice management software, diagnostic imaging systems, and telemedicine consultation services to veterinary clinics worldwide. The Water segment offers microbial testing solutions for drinking water, recreational water, and industrial applications. The Livestock, Poultry and Dairy segment supplies diagnostic tests and herd health management products for livestock producers and dairy operations.

IDEXX maintains a global sales and distribution presence across North America, Europe, Asia Pacific, Africa, Canada, and Latin America, operating approximately 80 reference laboratories worldwide. The company employs thousands of professionals across manufacturing facilities in Maine, Georgia, Tennessee, and international locations including the Netherlands, Switzerland, France, and the United Kingdom. Research and development represents a significant investment, with the company dedicating substantial resources to developing innovative diagnostic technologies and software solutions.

The company's product portfolio includes the IDEXX VetLab suite of point-of-care analyzers, SNAP rapid assay test kits, VetConnect PLUS cloud-based diagnostic management software, ezyVet practice management systems, and water testing products such as Colilert and Colisure. IDEXX incorporates artificial intelligence capabilities into several diagnostic platforms and imaging systems to enhance diagnostic accuracy and workflow efficiency.

Founded in 1983 and incorporated in Delaware, IDEXX has established itself through continuous innovation in veterinary diagnostics and complementary software solutions. The company's competitive advantages include its integrated diagnostic platform combining point-of-care instruments, reference laboratory services, and practice management software, along with proprietary AI-enhanced technologies and extensive customer relationships with veterinary practices globally.

Company details
Sector
Health Care
Industry (SIC)
Chemicals
Headquarters
WESTBROOK, ME
Fiscal year end
December
CIK
874716
SIC
2835

Financial performance, year by year

Fiscal 2013–2025 · USD
$-455.32M$910.64M$2.28B$3.64B$5.01B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Idexx Laboratories — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

933
funds hold it
4 of 35
superinvestors hold it
$17.46B
held by funds, at market
41.1%
of shares held by funds

Superinvestors in Idexx Laboratories · what they did last quarter

Terry SmithDECREASED -30.4%
Fundsmith
3.9%of 13F portfolio
Polen CapitalDECREASED -23.5%
Polen Capital Management
2.4%of 13F portfolio
Wallace WeitzUNCHANGED
Weitz Investment Management
1.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Idexx Laboratories’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.40%of fund net assets
0.18%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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