IDXX · 8-K · 20260804PR090033

Litigation and Legal Risk

IDEXX LABORATORIES INC /DE · 2026-08-04 · Importance 49 · Surprise 60

IDEXX concluded litigation over alleged underpayment of royalties from 2004 through 2017 under an expired patent license agreement. After the trial court ruled for the plaintiff in 2020 and appeals followed, IDEXX paid approximately $80 million on April 17, 2025. The plaintiff executed a satisfaction and release of judgment filed the same day, concluding the matter; the company had previously reduced its related $89.0 million accrual by approximately $9 million.

Key facts

• The company paid the judgment of approximately $80 million on April 17, 2025, concluding a litigation matter. source
• Now-concluded litigation matter produced a discrete litigation expense accrual adjustment of approximately $9 million in Q1 2025. source