The financials
IDEX Corporation by the numbers
IDEX Corporation (IEX) reported revenue of $887M in Q1 2026 (quarter ended March 31, 2026), up 8.9% from the same quarter a year earlier. That came with a gross margin of 45% and net income of $120M (14% of revenue). For the full year FY2025, revenue was $3.46B (+5.8% year on year) and net income $483M. Its largest region in 2026-Q2 was United States at $186M, 45% of the disclosed total, just ahead of Europe at 31%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $887M | $814M | +8.9% |
| Gross profit | $398M | $369M | +7.9% |
| Operating income | $172M | $142M | +21% |
| Net income | $120M | $96M | +26% |
| Diluted EPS | $1.61 | $1.26 | +28% |
| Geographic | Revenue | Share |
|---|---|---|
| United States | $186M | 45% |
| Europe | $127M | 31% |
| Asia | $82M | 20% |
| Other Geographical Areas | $13M | 3.2% |
| North America Excluding United States | $7.6M | 1.8% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $415.0M (+4.2%)
Other Geographical Areas grew +69% year on yearEurope +9.0% year on year
Segment Latestquarter on quarteryear on year
- United States$186.0M$186.0MQoQ +0.16%year on year +12%+0.16%+12%
- Europe$126.6M$126.6MQoQ +3.1%year on year +9.0%+3.1%+9.0%
- Asia$81.6M$81.6MQoQ +9.8%year on year +17%+9.8%+17%
- Other Geographical Areas$13.2M$13.2MQoQ +35%year on year +69%+35%+69%
- North America Excluding United States$7.6M$7.6MQoQ +31%year on year +46%+31%+46%
Specialty Industrial Machinery
Ranks #16 of 44 by Smart Score