IDEXX Laboratories, Inc. (IDXX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.45B | 1.34B | 1.41B | 1.36B | 1.32B | 1.4B | 1.43B | 1.53B | 1.5B | 1.5B | 1.38B | 1.18B | 1.15B | 1.1B | 1.06B | 1.04B | 1.09B | 955.65M | 938.04M | 1B |
| Cash & Short-Term Investments | 200.53M | 180.07M | 208.17M | 164.59M | 163.97M | 288.27M | 308.64M | 401.59M | 397.43M | 453.93M | 331.7M | 132.84M | 111.37M | 112.55M | 99.18M | 114.36M | 204.62M | 144.45M | 145.2M | 232.13M |
| Cash Only | 200.53M | 180.07M | 208.17M | 164.59M | 163.97M | 288.27M | 308.64M | 401.59M | 397.43M | 453.93M | 331.7M | 132.84M | 111.37M | 112.55M | 99.18M | 114.36M | 204.62M | 144.45M | 145.2M | 232.13M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 603.54M | 693.19M | 714.97M | 663.47M | 604.15M | 561.32M | 587.07M | 608.31M | 578.24M | 529.53M | 521.87M | 532.29M | 519.86M | 490.9M | 452.9M | 473.12M | 465.62M | 425.58M | 425.03M | 427.39M |
| Days Sales Outstanding | 51.15 | 59.4 | 57.37 | 51.99 | 52.53 | 55.36 | 56.37 | 53.8 | 52.28 | 53.64 | 52.97 | 50.73 | 50.53 | 52.4 | 50.61 | 49.63 | 47.94 | 48.84 | 48.38 | 46.84 |
| Inventory | 382.4M | 377.76M | 391.56M | 392.58M | 395.99M | 381.88M | 389.8M | 379.96M | 390.6M | 380.28M | 393.97M | 395.14M | 391.01M | 367.82M | 354.98M | 332.56M | 301.64M | 269.03M | 258.48M | 241.39M |
| Days Inventory Outstanding | 81.82 | 81.83 | 85.5 | 86.52 | 93.33 | 92.53 | 93.3 | 91.61 | 94.54 | 94.87 | 98.76 | 96.47 | 95.59 | 96.75 | 94.4 | 83.28 | 76.02 | 70.4 | 68.13 | 63.08 |
| Other Current Assets | 267.6M | 31.35M | 31.53M | 95.49M | 100.16M | 109.81M | 91.01M | 92.3M | 88.05M | 83.14M | 86.82M | 79.84M | 87.12M | 88.46M | 112.11M | 86.5M | 76.96M | 74.59M | 71.86M | 67.09M |
| Total Non-Current Assets | 1.93B | 2.01B | 1.98B | 1.97B | 1.9B | 1.89B | 1.92B | 1.89B | 1.85B | 1.76B | 1.7B | 1.69B | 1.66B | 1.65B | 1.58B | 1.56B | 1.5B | 1.48B | 1.45B | 1.41B |
| Property, Plant & Equipment | 740.38M | 870.61M | 867.64M | 869.46M | 833.62M | 829.25M | 838.8M | 827.7M | 828.61M | 817.68M | 804.88M | 797.42M | 780.5M | 768.09M | 722.51M | 709.68M | 701.19M | 692.77M | 680.35M | 654.98M |
| Fixed Asset Turnover | 1.42x | 1.25x | 1.27x | 1.30x | 1.20x | 1.14x | 1.17x | 1.21x | 1.17x | 1.11x | 1.14x | 1.20x | 1.16x | 1.11x | 1.18x | 1.22x | 1.20x | 1.17x | 1.21x | 1.28x |
| Goodwill | 412.1M | 414M | 413.65M | 414.49M | 407.49M | 405.1M | 412.07M | 408.02M | 408.67M | 365.96M | 361.77M | 364.21M | 362.94M | 361.8M | 355.29M | 355.53M | 360.97M | 359.35M | 355.24M | 353.84M |
| Intangible Assets | 104.75M | 109.84M | 114.79M | 103.73M | 107.41M | 111.68M | 106.89M | 110.81M | 115.35M | 84.5M | 87.13M | 90.93M | 94.36M | 97.67M | 99.97M | 100.59M | 105.19M | 99.03M | 94.98M | 96.76M |
| Long-Term Investments | 0 | 297.09M | 276.65M | 58.3M | 58M | 57.72M | 55.23M | 53.79M | 54.4M | 56.19M | 54.33M | 55.39M | 54.27M | 55.5M | 51.76M | 52.89M | 12.01M | 18.6M | 9.79M | 10.49M |
| Other Non-Current Assets | 674.19M | 291.08M | 275.44M | 397.44M | 366.48M | 364.17M | 369.36M | 359.87M | 338M | 332.98M | 325.09M | 318.5M | 309.74M | 307.01M | 299.75M | 305.11M | 300.46M | 287.02M | 282.49M | 268.09M |
| Total Assets | 3.39B | 3.35B | 3.39B | 3.33B | 3.21B | 3.29B | 3.35B | 3.41B | 3.35B | 3.26B | 3.09B | 2.87B | 2.81B | 2.75B | 2.64B | 2.61B | 2.59B | 2.44B | 2.39B | 2.41B |
| Asset Turnover | 0.34x | 0.32x | 0.33x | 0.34x | 0.31x | 0.29x | 0.29x | 0.30x | 0.29x | 0.28x | 0.31x | 0.33x | 0.32x | 0.31x | 0.32x | 0.33x | 0.33x | 0.33x | 0.34x | 0.35x |
| Asset Growth % | 5.35% | 1.74% | 1.07% | -2.46% | -4.17% | 1.03% | 8.57% | 18.95% | 19.41% | 18.68% | 16.91% | 10.11% | 8.32% | 12.7% | 10.66% | 8.09% | 11.4% | 6.22% | 16.53% | 23.02% |
| Total Current Liabilities | 1.3B | 1.15B | 1.25B | 1.22B | 1.14B | 1.07B | 1.01B | 1.12B | 956.9M | 951.55M | 970.19M | 883.86M | 1.07B | 1.24B | 1.19B | 1.17B | 971.34M | 763.58M | 633.85M | 651.81M |
| Accounts Payable | 129.97M | 110.41M | 122.27M | 116.58M | 120.1M | 114.21M | 110.6M | 117.47M | 117.46M | 110.64M | 112.61M | 107.66M | 117.71M | 110.22M | 110.14M | 127.26M | 120.88M | 116.14M | 86.68M | 93.02M |
| Days Payables Outstanding | 25.87 | 24.75 | 26.04 | 25.97 | 28.11 | 26.96 | 27.64 | 27.93 | 27.97 | 27.35 | 27.57 | 27.66 | 28.71 | 29.5 | 32.6 | 32.58 | 31.58 | 27.07 | 24.49 | 24.34 |
| Short-Term Debt | 680M | 500.07M | 605M | 653.99M | 490.43M | 417.79M | 349.14M | 420.11M | 325M | 325M | 399.99M | 338.99M | 506.49M | 653.98M | 633M | 611M | 400M | 148.5M | 74.99M | 124.98M |
| Deferred Revenue (Current) | 36.33M | 35.26M | 35.69M | 36.32M | 35M | 33.8M | 38.43M | 38M | 38.19M | 37.2M | 37.28M | 37.78M | 37.84M | 37.94M | 40.81M | 40.77M | 40.91M | 40.03M | 41.13M | 41.13M |
| Other Current Liabilities | 0 | 201.96M | 192.52M | 140.92M | 122.23M | 174.58M | 158.99M | 124.02M | 116.34M | 174.38M | 158.16M | 125.6M | 110.84M | 142.99M | 132.15M | 110.34M | 105.92M | 182.93M | 161.58M | 136.33M |
| Current Ratio | 1.12x | 1.17x | 1.12x | 1.11x | 1.16x | 1.31x | 1.42x | 1.37x | 1.57x | 1.57x | 1.43x | 1.33x | 1.08x | 0.89x | 0.89x | 0.89x | 1.12x | 1.25x | 1.48x | 1.54x |
| Quick Ratio | 0.82x | 0.84x | 0.81x | 0.79x | 0.81x | 0.95x | 1.03x | 1.03x | 1.16x | 1.17x | 1.02x | 0.89x | 0.71x | 0.59x | 0.59x | 0.61x | 0.81x | 0.90x | 1.07x | 1.17x |
| Cash Conversion Cycle | 107.1 | 116.48 | 116.83 | 112.53 | 117.75 | 120.93 | 122.02 | 117.48 | 118.84 | 121.15 | 124.16 | 119.55 | 117.41 | 119.65 | 112.41 | 100.33 | 92.39 | 92.18 | 92.02 | 85.58 |
| Total Non-Current Liabilities | 529.54M | 596.56M | 573.72M | 648.09M | 629.46M | 630.21M | 723.49M | 717.91M | 827.71M | 823.85M | 818.8M | 893.09M | 901.67M | 902.23M | 974.12M | 983.63M | 981.55M | 983.63M | 996.43M | 1.01B |
| Long-Term Debt | 299.85M | 475.99M | 374.82M | 449.81M | 449.8M | 449.79M | 524.76M | 524.74M | 620.78M | 622.88M | 618.81M | 696.84M | 696.36M | 694.39M | 760.81M | 768M | 773.38M | 775.21M | 778.02M | 780.08M |
| Capital Lease Obligations | 98.75M | 101.15M | 106.49M | 107.64M | 97M | 97.84M | 103.42M | 102.97M | 103.88M | 99.67M | 101.47M | 97.34M | 98.18M | 101.24M | 93.13M | 98.04M | 89.63M | 87.38M | 89.72M | 88.33M |
| Deferred Tax Liabilities | 44.59M | 31.86M | 3.72M | 2.09M | 8.11M | 11.31M | 5.66M | 10.02M | 8.75M | 7.24M | 10.59M | 5.57M | 5.83M | 8.15M | 14.49M | 10.85M | 7.46M | 8.94M | 15.31M | 15.47M |
| Other Non-Current Liabilities | 54.03M | -44.62M | 57.62M | 56.79M | 47.73M | 44.34M | 62.88M | 53.4M | 66.26M | 65.53M | 60.21M | 64.28M | 70.86M | 67.59M | 70.95M | 69.78M | 71.85M | 70.94M | 72.99M | 85.04M |
| Total Liabilities | 1.83B | 1.75B | 1.83B | 1.87B | 1.77B | 1.7B | 1.73B | 1.83B | 1.78B | 1.78B | 1.79B | 1.78B | 1.97B | 2.14B | 2.16B | 2.15B | 1.95B | 1.75B | 1.63B | 1.66B |
| Total Debt | 1.08B | 1.08B | 1.11B | 1.24B | 1.06B | 986.95M | 998.28M | 1.07B | 1.07B | 1.07B | 1.14B | 1.15B | 1.32B | 1.47B | 1.51B | 1.5B | 1.28B | 1.03B | 963.17M | 1.01B |
| Net Debt | 878.07M | 897.14M | 904.8M | 1.07B | 895.39M | 698.68M | 689.64M | 666.28M | 671.51M | 613.42M | 808.47M | 1.02B | 1.21B | 1.36B | 1.41B | 1.38B | 1.08B | 886.55M | 817.97M | 780.49M |
| Debt / Equity | 0.69x | 0.67x | 0.71x | 0.85x | 0.73x | 0.62x | 0.62x | 0.68x | 0.68x | 0.72x | 0.88x | 1.05x | 1.57x | 2.41x | 3.16x | 3.28x | 2.01x | 1.49x | 1.27x | 1.35x |
| Debt / EBITDA | 2.97x | 3.04x | 2.84x | 3.03x | 3.02x | 3.34x | 2.95x | 3.61x | 3.25x | 3.88x | 3.75x | 3.56x | 4.28x | 5.76x | 5.51x | 7.22x | 4.67x | 4.54x | 3.82x | 3.56x |
| Net Debt / EBITDA | 2.42x | 2.53x | 2.31x | 2.62x | 2.55x | 2.37x | 2.04x | 2.25x | 2.04x | 2.23x | 2.66x | 3.15x | 3.92x | 5.32x | 5.15x | 6.67x | 3.93x | 3.91x | 3.24x | 2.74x |
| Interest Coverage | 50.75x | 30.19x | 33.36x | 33.01x | 41.45x | 35.32x | 39.83x | 32.99x | 38.35x | 26.87x | 31.98x | 28.12x | 21.39x | 16.74x | 22.29x | 21.57x | 35.52x | 26.66x | 31.69x | 34.07x |
| Total Equity | 1.56B | 1.61B | 1.56B | 1.46B | 1.45B | 1.6B | 1.62B | 1.58B | 1.57B | 1.48B | 1.3B | 1.09B | 841.1M | 608.74M | 476M | 457.01M | 639.8M | 689.99M | 755.46M | 748.22M |
| Equity Growth % | 7.46% | 0.63% | -3.51% | -7.68% | -7.71% | 7.46% | 24.71% | 44.47% | 86.53% | 143.87% | 172.57% | 139.35% | 31.46% | -11.78% | -36.99% | -38.92% | -9.05% | 9.04% | 71.26% | 173.67% |
| Book Value per Share | 19.29 | 19.90 | 19.35 | 18.01 | 17.68 | 19.33 | 19.48 | 18.95 | 18.69 | 17.69 | 15.45 | 13.02 | 10.02 | 7.26 | 5.66 | 5.39 | 7.48 | 8.01 | 8.73 | 8.63 |
| Total Shareholders' Equity | 1.56B | 1.61B | 1.56B | 1.46B | 1.45B | 1.6B | 1.62B | 1.58B | 1.57B | 1.48B | 1.3B | 1.09B | 841.1M | 608.74M | 476M | 457.01M | 639.8M | 689.99M | 754.75M | 747.46M |
| Common Stock | 10.85M | 10.84M | 10.83M | 10.8M | 10.79M | 10.78M | 10.77M | 10.77M | 10.77M | 10.75M | 10.74M | 10.74M | 10.73M | 10.72M | 10.71M | 10.71M | 10.7M | 10.69M | 10.68M | 10.68M |
| Retained Earnings | 6.67B | 6.39B | 6.14B | 5.87B | 5.58B | 5.33B | 5.12B | 4.88B | 4.68B | 4.44B | 4.25B | 4.04B | 3.81B | 3.6B | 3.43B | 3.25B | 3.11B | 2.92B | 2.76B | 2.58B |
| Treasury Stock | -6.93B | -6.56B | -6.32B | -6.08B | -5.75B | -5.33B | -5.09B | -4.86B | -4.65B | -4.47B | -4.44B | -4.4B | -4.4B | -4.39B | -4.32B | -4.16B | -3.84B | -3.57B | -3.33B | -3.14B |
| Accumulated OCI | -64.94M | -62.75M | -66.72M | -76.95M | -90.09M | -93.64M | -75.97M | -85.18M | -80.4M | -71.21M | -74.89M | -73.67M | -76.61M | -77.8M | -80.89M | -67.7M | -47.35M | -53.48M | -52.06M | -48.39M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 706K | 763K |