IDEXX Laboratories Gross Margin 2010-2025 | IDXX
- IDEXX Laboratories average gross margin for 2024 was 60.56%, a 1.2% increase from 2023.
- IDEXX Laboratories average gross margin for 2023 was 59.84%, a 1.48% increase from 2022.
- IDEXX Laboratories average gross margin for 2022 was 58.97%, a 0.26% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.