IDEXX Laboratories Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	3,661	3,367	3,215	2,707	2,407	Upgrade
Revenue Growth (YoY)	8.72%	4.73%	18.79%	12.45%	8.75%	Upgrade
Cost of Revenue	1,471	1,363	1,326	1,136	1,041	Upgrade
Gross Profit	2,190	2,004	1,889	1,571	1,366	Upgrade
Selling, General & Admin	901.89	850.75	796.4	735.27	679.51	Upgrade
Research & Development	190.95	254.82	161.01	141.25	133.19	Upgrade
Operating Expenses	1,093	1,106	957.4	876.52	812.7	Upgrade
Operating Income	1,097	898.77	932.03	694.52	552.85	Upgrade
Interest Expense / Income	41.58	39.86	29.81	33.13	31.06	Upgrade
Other Expense / Income	-5.63	-1.07	-0.44	-0.23	-0.36	Upgrade
Pretax Income	1,061	859.97	902.66	661.63	522.15	Upgrade
Income Tax	216.13	180.88	157.81	79.85	94.43	Upgrade
Net Income	845.04	679.09	744.85	581.78	427.72	Upgrade
Net Income Growth	24.44%	-8.83%	28.03%	36.02%	13.44%	Upgrade
Shares Outstanding (Basic)	83	84	85	85	86	Upgrade
Shares Outstanding (Diluted)	84	85	87	87	88	Upgrade
Shares Change	-0.74%	-2.28%	-0.17%	-0.94%	-1.05%	Upgrade
EPS (Basic)	10.17	8.12	8.74	6.82	4.97	Upgrade
EPS (Diluted)	10.06	8.03	8.60	6.71	4.89	Upgrade
EPS Growth	25.28%	-6.63%	28.17%	37.22%	14.79%	Upgrade
Free Cash Flow	772.88	384.15	636	540.44	304.19	Upgrade
Free Cash Flow Per Share	9.30	4.59	7.46	6.33	3.53	Upgrade
Gross Margin	59.82%	59.52%	58.76%	58.04%	56.73%	Upgrade
Operating Margin	29.97%	26.69%	28.99%	25.66%	22.97%	Upgrade
Profit Margin	23.08%	20.17%	23.17%	21.49%	17.77%	Upgrade
Free Cash Flow Margin	21.11%	11.41%	19.78%	19.97%	12.64%	Upgrade
Effective Tax Rate	20.37%	21.03%	17.48%	12.07%	18.08%	Upgrade
EBITDA	1,218	1,012	1,037	790.75	641.21	Upgrade
EBITDA Margin	33.26%	30.05%	32.25%	29.22%	26.64%	Upgrade
Depreciation & Amortization	114.91	111.9	104.6	96	88.01	Upgrade
EBIT	1,103	899.83	932.46	694.76	553.2	Upgrade
EBIT Margin	30.12%	26.72%	29.00%	25.67%	22.98%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).