IDEXX LABORATORIES INC /DE (IDXX) FY2024 Annual P&L / Income Statement

Revenue by Product and Service

2024-01-01 to 2024-12-31

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IDEXX LABORATORIES INC /DE (IDXX) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct revenue revenueService revenue revenueTotal revenueGross profitTotal cost of revenueService revenue cost of revenueProduct revenue cost of revenueIncome from operationsTotal operating expensesSales and marketingGeneral and administrativeResearch and developmentIncome before provision for income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesIncome before provision for income taxesIncome beforeprovision forincome taxes$1.11 BTotal revenueTotal revenue$3.90 BGross profitGross profit$2.38 BIncome from operationsIncome from operations$1.13 BNet incomeNet income$887.87 MProduct revenue revenueProduct revenue$2.25 BTotal operating expensesTotal operatingexpenses$1.25 BProvision for income taxesProvision forincome taxes$221.96 MSales and marketingSales and marketing$588.51 MOther income (expense), net (calculated)Other income,net (calculated)−$18.51 MTotal cost of revenueTotal cost of revenue$1.52 BGeneral and administrativeGeneral and administrative$442.29 MService revenue revenueService revenue$1.65 BResearch and developmentResearch and development$219.79 MService revenue cost of revenueService revenue$802.50 MProduct revenue cost of revenueProduct revenue$716.08 M
Chart details

IDEXX LABORATORIES INC /DE (IDXX) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue
3,897,504,000 US dollars
Total cost of revenue
1,518,577,000 US dollars
Gross profit
2,378,927,000 US dollars
Total operating expenses
1,250,590,000 US dollars
Income from operations
1,128,337,000 US dollars
Other income (expense), net (calculated)
negative 18,506,000 US dollars
Income before provision for income taxes
1,109,831,000 US dollars
Provision for income taxes
221,964,000 US dollars
Net income
887,867,000 US dollars
Product revenue revenue
2,248,178,000 US dollars
Service revenue revenue
1,649,326,000 US dollars
Product revenue cost of revenue
716,078,000 US dollars
Service revenue cost of revenue
802,499,000 US dollars
General and administrative
442,291,000 US dollars
Sales and marketing
588,507,000 US dollars
Research and development
219,792,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
IDEXX LABORATORIES INC /DE (IDXX) FY2024 Annual P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

61.0%

Gross profit / revenue

Operating margin

29.0%

Operating profit / revenue

Cash conversion

104.6%

Operating cash / net income, same period

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