
IDEXX Laboratories Inc
NASDAQ:IDXX

Income Statement
Earnings Waterfall
IDEXX Laboratories Inc
Revenue
|
3.9B
USD
|
Cost of Revenue
|
-1.5B
USD
|
Gross Profit
|
2.4B
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
1.1B
USD
|
Other Expenses
|
-245m
USD
|
Net Income
|
887.9m
USD
|
Income Statement
IDEXX Laboratories Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 486
N/A
|
1 508
+2%
|
1 531
+2%
|
1 554
+1%
|
1 602
+3%
|
1 637
+2%
|
1 690
+3%
|
1 732
+2%
|
1 775
+2%
|
1 820
+3%
|
1 862
+2%
|
1 906
+2%
|
1 969
+3%
|
2 045
+4%
|
2 117
+4%
|
2 170
+3%
|
2 213
+2%
|
2 252
+2%
|
2 291
+2%
|
2 351
+3%
|
2 407
+2%
|
2 457
+2%
|
2 475
+1%
|
2 591
+5%
|
2 707
+4%
|
2 858
+6%
|
3 047
+7%
|
3 135
+3%
|
3 215
+3%
|
3 274
+2%
|
3 309
+1%
|
3 340
+1%
|
3 367
+1%
|
3 431
+2%
|
3 514
+2%
|
3 588
+2%
|
3 661
+2%
|
3 725
+2%
|
3 785
+2%
|
3 845
+2%
|
3 898
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(670)
|
(679)
|
(688)
|
(699)
|
(712)
|
(735)
|
(760)
|
(780)
|
(800)
|
(814)
|
(824)
|
(840)
|
(872)
|
(902)
|
(935)
|
(956)
|
(972)
|
(982)
|
(996)
|
(1 016)
|
(1 041)
|
(1 064)
|
(1 060)
|
(1 099)
|
(1 136)
|
(1 176)
|
(1 254)
|
(1 293)
|
(1 326)
|
(1 357)
|
(1 367)
|
(1 364)
|
(1 363)
|
(1 382)
|
(1 407)
|
(1 439)
|
(1 471)
|
(1 485)
|
(1 498)
|
(1 510)
|
(1 519)
|
|
Gross Profit |
816
N/A
|
830
+2%
|
844
+2%
|
855
+1%
|
890
+4%
|
902
+1%
|
930
+3%
|
952
+2%
|
975
+2%
|
1 006
+3%
|
1 038
+3%
|
1 066
+3%
|
1 097
+3%
|
1 142
+4%
|
1 182
+3%
|
1 214
+3%
|
1 242
+2%
|
1 270
+2%
|
1 296
+2%
|
1 335
+3%
|
1 366
+2%
|
1 394
+2%
|
1 415
+2%
|
1 493
+5%
|
1 571
+5%
|
1 682
+7%
|
1 792
+7%
|
1 843
+3%
|
1 889
+3%
|
1 917
+1%
|
1 942
+1%
|
1 976
+2%
|
2 004
+1%
|
2 049
+2%
|
2 107
+3%
|
2 149
+2%
|
2 190
+2%
|
2 240
+2%
|
2 286
+2%
|
2 334
+2%
|
2 379
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(556)
|
(567)
|
(576)
|
(579)
|
(582)
|
(601)
|
(613)
|
(619)
|
(624)
|
(637)
|
(651)
|
(667)
|
(683)
|
(709)
|
(725)
|
(737)
|
(745)
|
(759)
|
(765)
|
(782)
|
(812)
|
(829)
|
(822)
|
(868)
|
(876)
|
(884)
|
(928)
|
(925)
|
(955)
|
(985)
|
(1 090)
|
(1 104)
|
(1 102)
|
(1 118)
|
(1 060)
|
(1 070)
|
(1 092)
|
(1 124)
|
(1 203)
|
(1 222)
|
(1 246)
|
|
Selling, General & Administrative |
(458)
|
(466)
|
(477)
|
(480)
|
(483)
|
(494)
|
(505)
|
(518)
|
(523)
|
(535)
|
(547)
|
(561)
|
(574)
|
(596)
|
(610)
|
(621)
|
(627)
|
(636)
|
(640)
|
(654)
|
(678)
|
(695)
|
(688)
|
(730)
|
(735)
|
(739)
|
(777)
|
(770)
|
(794)
|
(821)
|
(840)
|
(848)
|
(847)
|
(858)
|
(877)
|
(888)
|
(901)
|
(925)
|
(995)
|
(1 009)
|
(1 026)
|
|
Research & Development |
(98)
|
(100)
|
(99)
|
(99)
|
(100)
|
(99)
|
(100)
|
(101)
|
(101)
|
(102)
|
(104)
|
(106)
|
(109)
|
(112)
|
(115)
|
(117)
|
(118)
|
(120)
|
(123)
|
(128)
|
(133)
|
(135)
|
(134)
|
(138)
|
(141)
|
(146)
|
(152)
|
(155)
|
(161)
|
(164)
|
(249)
|
(257)
|
(255)
|
(259)
|
(183)
|
(183)
|
(191)
|
(199)
|
(208)
|
(214)
|
(220)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
260
N/A
|
263
+1%
|
268
+2%
|
276
+3%
|
308
+12%
|
301
-2%
|
317
+5%
|
333
+5%
|
352
+5%
|
369
+5%
|
387
+5%
|
399
+3%
|
414
+4%
|
434
+5%
|
457
+5%
|
476
+4%
|
497
+4%
|
511
+3%
|
530
+4%
|
553
+4%
|
554
+0%
|
564
+2%
|
593
+5%
|
625
+5%
|
695
+11%
|
798
+15%
|
864
+8%
|
918
+6%
|
934
+2%
|
933
0%
|
853
-9%
|
871
+2%
|
902
+4%
|
931
+3%
|
1 048
+13%
|
1 078
+3%
|
1 098
+2%
|
1 116
+2%
|
1 083
-3%
|
1 112
+3%
|
1 133
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(17)
|
(22)
|
(25)
|
(27)
|
(28)
|
(29)
|
(29)
|
(30)
|
(28)
|
(29)
|
(31)
|
(33)
|
(33)
|
(34)
|
(33)
|
(37)
|
(33)
|
(33)
|
(32)
|
(32)
|
(30)
|
(31)
|
(32)
|
(33)
|
(33)
|
(31)
|
(30)
|
(32)
|
(29)
|
(29)
|
(33)
|
(42)
|
(45)
|
(47)
|
(44)
|
(37)
|
(27)
|
(21)
|
(19)
|
(23)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
247
N/A
|
246
0%
|
247
+0%
|
243
-1%
|
273
+12%
|
273
0%
|
288
+6%
|
305
+6%
|
322
+6%
|
340
+6%
|
358
+5%
|
368
+3%
|
381
+3%
|
401
+5%
|
423
+6%
|
440
+4%
|
458
+4%
|
478
+4%
|
497
+4%
|
521
+5%
|
522
+0%
|
534
+2%
|
562
+5%
|
593
+6%
|
662
+12%
|
765
+16%
|
833
+9%
|
888
+7%
|
903
+2%
|
904
+0%
|
824
-9%
|
839
+2%
|
860
+3%
|
886
+3%
|
1 001
+13%
|
1 035
+3%
|
1 061
+3%
|
1 089
+3%
|
1 062
-2%
|
1 093
+3%
|
1 110
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(65)
|
(64)
|
(65)
|
(70)
|
(81)
|
(81)
|
(86)
|
(91)
|
(100)
|
(95)
|
(95)
|
(91)
|
(87)
|
(86)
|
(85)
|
(80)
|
(79)
|
(86)
|
(88)
|
(96)
|
(94)
|
(97)
|
(102)
|
(95)
|
(80)
|
(91)
|
(105)
|
(131)
|
(158)
|
(170)
|
(160)
|
(169)
|
(181)
|
(187)
|
(210)
|
(212)
|
(216)
|
(222)
|
(217)
|
(227)
|
(222)
|
|
Income from Continuing Operations |
182
|
182
|
182
|
174
|
192
|
192
|
202
|
214
|
222
|
245
|
263
|
277
|
294
|
315
|
338
|
361
|
379
|
392
|
409
|
425
|
428
|
437
|
460
|
498
|
582
|
675
|
728
|
757
|
745
|
735
|
664
|
670
|
679
|
699
|
791
|
823
|
845
|
867
|
846
|
866
|
888
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
182
N/A
|
182
N/A
|
182
0%
|
174
-4%
|
192
+11%
|
191
0%
|
202
+5%
|
214
+6%
|
222
+4%
|
245
+10%
|
263
+7%
|
277
+5%
|
263
-5%
|
284
+8%
|
307
+8%
|
330
+7%
|
377
+14%
|
390
+4%
|
407
+4%
|
423
+4%
|
428
+1%
|
437
+2%
|
460
+5%
|
497
+8%
|
582
+17%
|
674
+16%
|
728
+8%
|
757
+4%
|
745
-2%
|
735
-1%
|
664
-10%
|
670
+1%
|
679
+1%
|
699
+3%
|
791
+13%
|
823
+4%
|
845
+3%
|
867
+3%
|
846
-2%
|
866
+2%
|
888
+2%
|
|
EPS (Diluted) |
1.87
N/A
|
1.9
+2%
|
1.92
+1%
|
1.86
-3%
|
2.05
+10%
|
2.1
+2%
|
2.21
+5%
|
2.35
+6%
|
2.44
+4%
|
2.71
+11%
|
2.92
+8%
|
3.09
+6%
|
2.93
-5%
|
3.19
+9%
|
3.46
+8%
|
3.72
+8%
|
4.25
+14%
|
4.45
+5%
|
4.65
+4%
|
4.84
+4%
|
4.89
+1%
|
5.03
+3%
|
5.32
+6%
|
5.74
+8%
|
6.71
+17%
|
7.77
+16%
|
8.39
+8%
|
8.75
+4%
|
8.6
-2%
|
8.58
0%
|
7.82
-9%
|
7.96
+2%
|
8.03
+1%
|
8.31
+3%
|
9.42
+13%
|
9.8
+4%
|
10.06
+3%
|
10.32
+3%
|
10.13
-2%
|
10.42
+3%
|
10.67
+2%
|