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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. (Nasdaq: IDXX) develops, manufactures, and distributes diagnostic products and provides services for companion animal veterinary, livestock, poultry and dairy, and water testing markets; it also sells point-of-care diagnostic products for human medicine. Its Companion Animal Group provides… From the company’s description.

In fiscal 2025, Idexx Laboratories reported revenue of $4.30B, up 10.4% from fiscal 2024, and net income of $1.06B. Its operating margin was 31.6%, and operations generated $1.18B in cash. Over the twelve months to Jun 30, 2026, revenue was $4.55B.

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. (Nasdaq: IDXX) develops, manufactures, and distributes diagnostic products and provides services for companion animal veterinary, livestock, poultry and dairy, and water testing markets; it also sells point-of-care diagnostic products for human medicine. Its Companion Animal Group provides veterinary analyzers, tests, reference laboratory and telemedicine services, practice-management software, and diagnostic imaging to veterinary practices and groups. Its Water segment supplies tests and instruments used by government, utility, and private laboratories to detect microbiological contaminants. The Livestock, Poultry and Dairy segment provides diagnostic tests and services to laboratories, veterinarians, producers, and processors, including tests for animal health and antibiotic residues in milk. Other includes human medical diagnostics and an out-licensing arrangement. Veterinary brands and products include Catalyst, ProCyte, SNAP, ezyVet, Cornerstone, and VetConnect PLUS; water products include Colilert and Quanti-Tray, while Alertys serves livestock pregnancy testing. The company operates a network of approximately 80 reference laboratories worldwide.

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

Put this business in context.

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