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IDEXX LABORATORIES INC /DE R&D Expense 2008-2026 | IDXX

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is IDEXX LABORATORIES INC /DE's current r&d expense?

IDEXX LABORATORIES INC /DE (IDXX) annual r&d expense for 2025 was $251.2M, a 14.29% increase from 2024. IDEXX LABORATORIES INC /DE r&d expense for the quarter ending March 31, 2026 was $65.8M.

What was IDEXX LABORATORIES INC /DE's r&d expense in 2024?

IDEXX LABORATORIES INC /DE annual r&d expense for 2024 was $219.8M, a 15.10% increase from 2023.

What was IDEXX LABORATORIES INC /DE's r&d expense in 2023?

IDEXX LABORATORIES INC /DE annual r&d expense for 2023 was $191.0M, a 25.06% decline from 2022.

What is IDEXX LABORATORIES INC /DE's 5-year r&d expense CAGR?

IDEXX LABORATORIES INC /DE r&d expense grew at a compound annual growth rate (CAGR) of 12.20% from FY2020 to FY2025, going from $141.2M to $251.2M over 5 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+12.2%
FY2020
$141.2M
FY2025
$251.2M
080910111213141516171819202122232425
5 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$251.2M+14.3%10-K
FY2024$219.8M+15.1%10-K
FY2023$191.0M-25.1%10-K
FY2022$254.8M+58.3%10-K
FY2021$161.0M+14.0%10-K
FY2020$141.2M+6.0%10-K
FY2019$133.2M+13.0%10-K
FY2018$117.9M+8.0%10-K
FY2017$109.2M+8.0%10-K
FY2016$101.1M+1.4%10-K
FY2015$99.7M+1.4%10-K
FY2014$98.3M+11.7%10-K
FY2013$88.0M+7.3%10-K
FY2012$82.0M+7.9%10-K
FY2011$76.0M+10.9%10-K
FY2010$68.6M+5.3%10-K
FY2009$65.1M-7.9%10-K
FY2008$70.7M-10-K
Company: IDEXX LABORATORIES INC /DETicker: IDXXSector: OtherIndustry: In Vitro & In Vivo Diagnostic SubstancesView company profile →