# IDEXX LABORATORIES INC /DE (IDXX) FY2025 Q1 P&L / Income Statement

- Company: IDEXX LABORATORIES INC /DE (IDXX)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-01, accession number 0000874716-25-000062
- Page: https://plicit.ai/financials/idxx/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/idxx-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 998,427,000 US dollars
- **Total cost of revenue**: 375,048,000 US dollars
- **Gross profit**: 623,379,000 US dollars
- **Total operating expense**: 306,845,000 US dollars
- **Income from operations**: 316,534,000 US dollars
- **Other income (expense), net (calculated)**: negative 6,450,000 US dollars
- **Income before provision for income taxes**: 310,084,000 US dollars
- **Provision for income taxes**: 67,407,000 US dollars
- **Net income**: 242,677,000 US dollars
- **Product revenue revenue**: 573,051,000 US dollars
- **Service revenue revenue**: 425,376,000 US dollars
- **Product revenue cost of revenue**: 175,532,000 US dollars
- **Service revenue cost of revenue**: 199,516,000 US dollars
- **Research and development**: 59,061,000 US dollars
- **Sales and marketing**: 156,223,000 US dollars
- **General and administrative**: 91,561,000 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/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/idxx-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 998,427,000 US dollars
- **Total cost of revenue**: 375,048,000 US dollars
- **Gross profit**: 623,379,000 US dollars
- **Total operating expense**: 306,845,000 US dollars
- **Income from operations**: 316,534,000 US dollars
- **Other income (expense), net (calculated)**: negative 6,450,000 US dollars
- **Income before provision for income taxes**: 310,084,000 US dollars
- **Provision for income taxes**: 67,407,000 US dollars
- **Net income**: 242,677,000 US dollars
- **CAG segment revenue**: 919,836,000 US dollars
- **Water segment revenue**: 45,321,000 US dollars
- **LPD segment revenue**: 28,596,000 US dollars
- **Research and development**: 59,061,000 US dollars
- **Sales and marketing**: 156,223,000 US dollars
- **General and administrative**: 91,561,000 US dollars
- **Revenue before reconciliation (calculated)**: 993,753,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other segment revenue**: 4,674,000 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/fy2025-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/idxx-fy2025-q1-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 998,427,000 US dollars
- **Total cost of revenue**: 375,048,000 US dollars
- **Gross profit**: 623,379,000 US dollars
- **Total operating expense**: 306,845,000 US dollars
- **Income from operations**: 316,534,000 US dollars
- **Other income (expense), net (calculated)**: negative 6,450,000 US dollars
- **Income before provision for income taxes**: 310,084,000 US dollars
- **Provision for income taxes**: 67,407,000 US dollars
- **Net income**: 242,677,000 US dollars
- **UNITED STATES**: 654,861,000 US dollars
- **Europe, the Middle East and Africa**: 204,547,000 US dollars
- **Asia Pacific Region**: 81,733,000 US dollars
- **CANADA**: 37,300,000 US dollars
- **Latin America & Caribbean**: 19,986,000 US dollars
- **Research and development**: 59,061,000 US dollars
- **Sales and marketing**: 156,223,000 US dollars
- **General and administrative**: 91,561,000 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.