Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 63.35% is in line with its 5-year average of 60.35%, near the high end of its 5-year range (56.97%–63.35%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.99% above its 12-month average of 62.12%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
63.35%
GROSS MARGIN AVG TTM
62.12%
GROSS MARGIN AVG 3Y
61.08%
GROSS MARGIN AVG 5Y
60.35%
GROSS MARGIN AVG 10Y
58.38%
GROSS MARGIN AVG 15Y
57.10%
GROSS MARGIN AVG 20Y
55.68%
CURRENT VS TTM AVG
+1.99%
CURRENT VS 3Y AVG
+3.71%
CURRENT VS 5Y AVG
+4.98%
CURRENT VS 10Y AVG
+8.52%
CURRENT VS 15Y AVG
+10.95%
CURRENT VS 20Y AVG
+13.77%
SECTOR MEDIAN · HEALTHCARE
58.51%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+8.28%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$42.94B
Gross Margin
63.35%
TTM Avg
62.12%
3Y Avg
61.08%
5Y Avg
60.35%
Market Cap
$39.14B
Gross Margin
53.00%
TTM Avg
53.36%
3Y Avg
52.95%
5Y Avg
53.14%
Market Cap
$47.58B
Gross Margin
78.01%
TTM Avg
78.79%
3Y Avg
78.80%
5Y Avg
77.78%
Market Cap
$36.28B
Gross Margin
80.89%
TTM Avg
83.69%
3Y Avg
83.53%
5Y Avg
83.62%
Market Cap
$34.72B
Gross Margin
26.11%
TTM Avg
30.59%
3Y Avg
32.75%
5Y Avg
33.07%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $42.94B | 63.35% | 62.12% | 61.08% | 60.35% |
| Agilent Technologies, Inc. (A)vs › | $39.14B | 53.00% | 53.36% | 52.95% | 53.14% |
| Humana Inc. (HUM)vs › | $46.74B | 14.01% | 14.54% | 16.14% | 17.03% |
| Edwards Lifesciences Corporation (EW)vs › | $47.58B | 78.01% | 78.79% | 78.80% | 77.78% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 80.89% | 83.69% | 83.53% | 83.62% |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 26.11% | 30.59% | 32.75% | 33.07% |
| Medline Inc. (MDLN)vs › | $32.77B | 24.04% | 25.55% | 23.71% | 23.71% |
| Cardinal Health, Inc. (CAH)vs › | $53.41B | 3.68% | 3.47% | 3.47% | 3.76% |
| Zoetis Inc. (ZTS)vs › | $31.59B | 70.75% | 69.79% | 68.91% | 68.46% |
| Centene Corp. (CNC)vs › | $31.31B | 14.93% | 11.28% | 11.33% | 11.71% |
Gross Margin
63.4%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 63.35% |
| 2025-12-31 | 60.35% |
| 2025-09-30 | 61.83% |
| 2025-06-30 | 62.62% |
| 2025-03-31 | 62.44% |
| 2024-12-31 | 59.80% |
| 2024-09-30 | 61.10% |
| 2024-06-30 | 61.87% |
| 2024-03-31 | 61.52% |
| 2023-12-31 | 58.36% |
| 2023-09-30 | 59.85% |
| 2023-06-30 | 60.71% |
| 2023-03-31 | 60.32% |
| 2022-12-31 | 58.53% |
| 2022-09-30 | 60.19% |
| 2022-06-30 | 59.73% |
| 2022-03-31 | 59.62% |
| 2021-12-31 | 56.97% |
| 2021-09-30 | 58.35% |
| 2021-06-30 | 59.23% |
| 2021-03-31 | 60.53% |
| 2020-12-31 | 56.80% |
| 2020-09-30 | 58.55% |
| 2020-06-30 | 59.50% |
| 2020-03-31 | 57.41% |
| 2019-12-31 | 54.70% |
| 2019-09-30 | 56.99% |
| 2019-06-30 | 57.71% |
| 2019-03-31 | 57.56% |
| 2018-12-31 | 54.67% |
| 2018-09-30 | 56.04% |
| 2018-06-30 | 57.24% |
| 2018-03-31 | 56.37% |
| 2017-12-31 | 53.84% |
| 2017-09-30 | 55.69% |
| 2017-06-30 | 57.51% |
| 2017-03-31 | 55.88% |
| 2016-12-31 | 54.32% |
| 2016-09-30 | 55.04% |
| 2016-06-30 | 55.84% |
| 2016-03-31 | 54.49% |
| 2015-12-31 | 54.47% |
| 2015-09-30 | 55.19% |
| 2015-06-30 | 56.31% |
| 2015-03-31 | 56.35% |
| 2014-12-31 | 51.76% |
| 2014-09-30 | 55.63% |
| 2014-06-30 | 56.01% |
| 2014-03-31 | 56.11% |
| 2013-12-31 | 53.28% |
| 2013-09-30 | 54.92% |
| 2013-06-30 | 56.07% |
| 2013-03-31 | 55.40% |
| 2012-12-31 | 52.90% |
| 2012-09-30 | 54.09% |
| 2012-06-30 | 55.02% |
| 2012-03-31 | 54.16% |
| 2011-12-31 | 51.72% |
| 2011-09-30 | 52.72% |
| 2011-06-30 | 54.75% |
| 2011-03-31 | 52.93% |
| 2010-12-31 | 51.02% |
| 2010-09-30 | 52.74% |
| 2010-06-30 | 53.04% |
| 2010-03-31 | 53.02% |
| 2009-12-31 | 49.17% |
| 2009-09-30 | 50.35% |
| 2009-06-30 | 52.10% |
| 2009-03-31 | 52.62% |
| 2008-12-31 | 49.54% |
| 2008-09-30 | 51.04% |
| 2008-06-30 | 53.91% |
| 2008-03-31 | 52.13% |
| 2007-12-31 | 49.90% |
| 2007-09-30 | 51.65% |
| 2007-06-30 | 48.19% |
| 2007-03-31 | 51.42% |
| 2006-12-31 | 50.09% |
| 2006-09-30 | 52.41% |
| 2006-06-30 | 51.75% |
| 2006-03-31 | 51.16% |
| 2005-12-31 | 50.86% |
| 2005-09-30 | 51.45% |
| 2005-06-30 | 50.16% |
| 2005-03-31 | 49.91% |
| 2004-12-31 | 47.76% |
| 2004-09-30 | 52.98% |
| 2004-06-30 | 52.41% |
| 2004-03-31 | 50.25% |
| 2003-12-31 | 48.13% |
| 2003-09-30 | 49.22% |
| 2003-06-30 | 48.97% |
| 2003-03-31 | 47.11% |
| 2002-12-31 | 46.28% |
| 2002-09-30 | 48.56% |
| 2002-06-30 | 47.21% |
