Idexx Laboratories

IDEXX Laboratories, Inc. is an American multinational corporation engaged in the development, manufacture, and distribution of products and services for the companion animal veterinary, livestock and poultry, water testing, and dairy markets. Incorporated in 1983 by David Evans Shaw, the company is headquartered in Westbrook, Maine, and in Hoofddorp, Netherlands for its EMEA divisions.

IDEXX Laboratories, Inc.
Company typePublic
Traded as
  • Nasdaq: IDXX
  • Nasdaq-100 component
  • S&P 500 component
IndustryHealthcare
Founded1983 (1983)
FounderDavid Evans Shaw
Headquarters
Westbrook, Maine
,
U.S.
Key people
  • Jay Mazelsky (CEO)
  • Lawrence Kingsley (chairman)
Revenue US$3.66 billion (2023)
US$1.10 billion (2023)
Net income
US$845 million (2023)
Total assets US$3.26 billion (2023)
Total equity US$1.48 billion (2023)
Number of employees
c.11,000 (2023)
Websiteidexx.com
Footnotes / references

IDEXX offers products to customers in over 175 countries around the world and employs approximately 9,200 people in full-and part-time positions (as of 7 February 2020). There are three main segments of the company: Companion Animal Group, Water, and Livestock, Poultry and Dairy (LPD). In addition, the company also manufactures and sells pet-side SNAP tests for a variety of animal health diagnostic uses.

In 2002, Jon Ayers succeeded company founder Shaw as chairman and CEO. During Ayers 20-year tenure, the company's annual revenue grew from $380 million to $3 billion, raising share prices by more than 100 times. In 2019, Jay Mazelsky succeeded Ayers in the role of CEO.

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