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

- Company: IDEXX LABORATORIES INC /DE (IDXX)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0000874716-25-000037
- Page: https://plicit.ai/financials/idxx/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/idxx-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/idxx/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/idxx-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **CAG segment revenue**: 3,574,044,000 US dollars
- **Water segment revenue**: 185,112,000 US dollars
- **LPD segment revenue**: 122,060,000 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
- **Revenue before reconciliation (calculated)**: 3,881,216,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other segment revenue**: 16,288,000 US dollars. Reported reconciliation to consolidated revenue.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/idxx/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/idxx-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **UNITED STATES**: 2,533,174,000 US dollars
- **CANADA**: 152,885,000 US dollars
- **Latin America & Caribbean**: 83,690,000 US dollars
- **AUSTRALIA**: 101,959,000 US dollars
- **JAPAN**: 73,139,000 US dollars
- **CHINA**: 35,822,000 US dollars
- **Other**: 110,104,000 US dollars
- **GERMANY**: 173,682,000 US dollars
- **UNITED KINGDOM**: 134,630,000 US dollars
- **FRANCE**: 110,795,000 US dollars
- **SPAIN**: 61,857,000 US dollars
- **ITALY**: 58,224,000 US dollars
- **SWITZERLAND**: 37,183,000 US dollars
- **NETHERLANDS**: 34,047,000 US dollars
- **Other**: 196,313,000 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.