Idexx Laboratories Q3 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
- Jul 1 – Sep 30, 2025
- Reported
- Nov 3, 2025
Revenue$1.11B
+13% year over year
Gross profit$0.68B
62% margin
Operating profit$0.36B
32% margin
Net profit$0.28B
25% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.11 | 100% | +13% |
| IDEXX VetLab consumables | 0.39 | 35% | +18% |
| Reference laboratory | 0.36 | 33% | +10% |
| Rapid assay products | 0.09 | 8% | −4% |
| Recurring | 0.07 | 6% | +10% |
| Other | 0.06 | 5% | |
| Water segment | 0.05 | 5% | |
| capital - instruments | 0.05 | 5% | +74% |
| services & accessories | 0.03 | 3% | +3% |
| Cost of revenue | −0.42 | 38% | |
| Gross profit | 0.68 | 62% margin | +1pp |
| R&D | −0.06 | 6% | +0pp |
| Sales & marketing | −0.16 | 14% | −1pp |
| G&A | −0.11 | 10% | +0pp |
| Operating profit | 0.36 | 32% margin | +1pp |
| Interest & other costs | −0.01 | ||
| Tax | −0.07 | ||
| Net profit | 0.28 | 25% margin | +1pp |
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