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IDEXX Laboratories, Inc. (IDXX)

551.21 -24.77 (-4.30%)
At close: October 30 at 4:00:01 PM EDT
593.81 +42.60 (+7.73%)
Pre-Market: 8:25:32 AM EST
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IDEXX Laboratories reported strong third-quarter results, with revenue up 10%and adjusted earnings above consensus estimates. The company also raised its 2026 revenue and earnings outlook, while recurring diagnostics growth and analyzer placements supported its expansion strategy.

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  • Previous Close 575.98
  • Open 583.75
  • Bid 571.58 x 100
  • Ask 543.56 x 200
  • Day's Range 540.61 - 586.00
  • 52 Week Range 500.61 - 769.98
  • Volume 95,560
  • Avg. Volume 553,104
  • Market Cap (intraday) 43.425B
  • Beta (5Y Monthly) 1.54
  • PE Ratio (TTM) 38.74
  • EPS (TTM) 14.23
  • Earnings Date Nov 2, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 694.42
  • Morningstar Rating Rating available with Stock Picks access

IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally. It operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. The company offers point-of-care diagnostic solutions, blood and urine chemistry, hematology, immunoassay, urinalysis, cytology/morphology, and coagulation analyzers; and SNAP rapid assays test kits. It also provides commercial reference laboratory diagnostic and consulting services to veterinarians; veterinary consultation, telemedicine, and advisory services, including radiology, dental radiography, cardiology, internal medicine, and ultrasound consulting; Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, Quanti-Tray products, and Tecta system instruments; UV Viewer Plus, a UV light cabinet which aids in the visual interpretation of fluorescent-based water tests; and veterinary software and services for independent veterinary clinics and corporate groups. In addition, the company offers diagnostic tests, services, and related instrumentation to manage the health status of livestock and poultry; human medical diagnostic products and services; and VetConnect PLUS, a cloud-based technology that enables veterinarians to access and analyze patients, as well as operates VetLab Station. It markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.

www.idexx.com

11,000

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IDXX
18.52%
S&P 500 (^GSPC)
10.73%

1-Year Return

IDXX
12.30%
S&P 500 (^GSPC)
11.11%

3-Year Return

IDXX
39.06%
S&P 500 (^GSPC)
81.91%

5-Year Return

IDXX
17.25%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.21B
Earnings 317.14M
Profit Margin 26.12%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
800M
1B
1B
23.0%
24.0%
25.0%
26.0%
27.0%

Analyst Insights

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Analyst Price Targets

470.00 Low
694.42 Average
551.21 Current
805.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/27/2026
Analyst UBS
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 670 -> 627

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    25.03%

  • Return on Assets (ttm)

    27.09%

  • Return on Equity (ttm)

    74.21%

  • Revenue (ttm)

    4.55B

  • Net Income Avi to Common (ttm)

    1.14B

  • Diluted EPS (ttm)

    14.23

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    196.93M

  • Total Debt/Equity (mrq)

    67.97%

  • Levered Free Cash Flow (ttm)

    909.37M

Company Insights

Research Reports

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