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

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

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.