IDEXX Laboratories, Inc.

NasdaqGS-IDXX

Operating Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Net Income	536.7	449	438.9	406.8	438.3	353.1
Net Income
Depreciation & Amortization	69.8	67.8	62.1	58.7	56.2	57.3
Depreciation and Amortization
Stock Based Compensation	29.5	30.2	30.1	30.4	29.3	26.2
Share-Based Compensation Expense
Other Adjustments	12.3	1.2	-17.1	-31.5	-9.2	-7.6
Amortization on Marketable Securities, Net
Impairment Charge
Provision for Credit Losses
Deferred Income Taxes
Other
Tax Benefit from Share-Based Compensation Arrangements
Changes in Trade Receivables	-74.9	54.7	-83	7.3	-61.2	12.4
Accounts Receivable
Changes in Inventories	-4.1	-21.8	-6.2	10.3	-38.9	-72.4
Inventories
Changes in Accounts Payable	-12.1	4.3	3.8	3.6	-4.2	10.2
Accounts Payable
Changes in Unearned Revenue	6.4	-3.9	-0.5	-1.2	-1.9	-8.7
Deferred Revenue
Changes in Other Operating Activities	-139.9	-99.4	18.8	37.9	-24.2	-8.1
Other Assets and Liabilities
Cash from Operating Activities	423.7	482.1	446.9	522.3	384.2	362.4
Net Cash Provided by Operating Activities

Investing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Capital Expenditure	-64.1	-57.3	-63.6	-66.7	-67	-86.9
Purchases of Property and Equipment
Purchases of Intangible Assets	—	-10	—	—	—	—
Acquisition of Intangible Assets
Purchases of Investments	—	-1	—	—	—	—
Purchases of Marketable Securities
Equity Investments
Proceeds from Sale of Investments	—	—	—	—	—	—
Proceeds from the Sale and Maturities of Marketable Securities
Payments for Business Acquisitions	—	0.3	-77	—	—	-11.5
Acquisitions of Businesses, Intangibles, and Equity Investment, Net of Cash Acquired
Acquisition of a Business
Other Investing Activities	0.9	0.8	0.7	8.4	—	—
Proceeds from Net Investment Hedges
Cash from Investing Activities	-63.2	-67.2	-139.9	-58.3	-67	-98.4
Net Cash Provided by Investing Activities

Financing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Issuance of Short-Term Debt	329	—	—	-329	—	-32
Borrowings Under Credit Facility, Net
Repayments of Short-Term Debt	—	—	—	315	-315	—
Payments on Credit Facilities, Net
Net Issuance / (Repayments) of Short-Term Debt	329	—	—	-14	-315	-32
Issuance of Long-Term Debt	—	—	—	—	—	—
Issuance of Senior Notes
Repayments of Long-Term Debt	-103.4	-75	—	-75	—	—
Payments of Senior Notes
Net Issuance / (Repayments) of Long-Term Debt	-103.4	-75	—	-75	—	—
Issuance of Common Shares	24.5	18.3	26.2	23.9	23.1	17.4
Proceeds from Exercises of Stock Options and Employee Stock Purchase Plans
Repurchases of Common Shares	-746.1	-467	-380.6	-72.2	-9.7	-246.9
Repurchases of Common Stock
Shares Withheld for Statutory Tax Withholding Payments on Restricted Stock
Net Issuance / (Repurchases) of Common Shares	-721.6	-448.8	-354.3	-48.3	13.4	-229.5
Other Financing Activities	—	—	—	-7.6	4.5	-4.1
Payment of Acquisition-Related Contingent Considerations and Holdbacks
Debt Issuance Costs
Purchase of Minority Interest
Payments of Acquisition-Related Contingent Consideration and Holdbacks
Tax Benefit from Share-Based Compensation Arrangements
Other
Cash from Financing Activities	-496	-523.8	-354.3	-144.9	-297.1	-265.5
Net Cash Provided by Financing Activities