Idexx Laboratories Q2 FY25: where the revenue came from and where it went
The whole income statement of Idexx Laboratories for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 4, 2025
Revenue$1.11B
+11% year over year
Gross profit$0.70B
63% margin
Operating profit$0.37B
34% margin
Net profit$0.29B
26% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.11 | 100% | +11% |
| IDEXX VetLab consumables | 0.38 | 34% | +15% |
| Reference laboratory | 0.37 | 33% | +6% |
| Rapid assay products | 0.10 | 9% | −3% |
| Recurring | 0.07 | 6% | +9% |
| capital - instruments | 0.06 | 5% | +66% |
| Other | 0.05 | 5% | |
| Water segment | 0.05 | 5% | |
| services & accessories | 0.04 | 3% | +8% |
| Cost of revenue | −0.42 | 37% | |
| Gross profit | 0.70 | 63% margin | +1pp |
| R&D | −0.06 | 6% | +0pp |
| Sales & marketing | −0.16 | 14% | +0pp |
| G&A | −0.10 | 9% | −7pp |
| Operating profit | 0.37 | 34% margin | +7pp |
| Interest & other costs | −0.01 | ||
| Tax | −0.07 | ||
| Net profit | 0.29 | 26% margin | +6pp |
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