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IDEX (IEX) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · IDEX (IEX) Q3 2026 earnings results →
Q3 2026 Revenue up 8% year over year to $952M · 15¢ of every $1 of revenue kept as net profit · operating margin 21.9%
IDEX made $952M in Q3 2026 (+8% Y/Y): Health & Science Technologies $432M, Fluid & Metering Technologies $328M, Fire & Safety/Diversified Products $191M. Operating margin 21.9%, net earnings $144M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $951.7M in Q3 2026, up 8% year over year and up 3% from the previous quarter. Health & Science Technologies was the largest line at 45% of revenue. Health & Science Technologies added $52.4M year over year (up 14%), 72% of the total change.
Gross margin was 45.1%, up 0.7 points from Q3 2025. Operating profit was $208.0M, a 21.9% margin (up 0.7 points year over year). Of the extra revenue versus Q3 2025, 30% reached operating profit, above the 21% margin then. Operating expenses grew 8% against revenue growth of 8%. Net earnings were $144.1M, up 13% year over year. The effective tax rate was 25.3%.
Operating cash flow was $239.5M (up 18% year over year), 166% of net earnings. Non-cash charges added back $53.4M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items added $36.4M. After capital expenditures ($25.2M), free cash flow as the company reports it was $214.3M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 28, 2026 | $952M | +8% | 21.9% | $144M | $240M |
| Q2 2026 | 10-Q | Jul 29, 2026 | $921M | +6% | 21.7% | $143M | $200M |
| Q1 2026 | 10-Q | Apr 29, 2026 | $887M | +9% | 19.4% | $120M | $104M |
| Q4 2025 | 10-K | Feb 19, 2026 | $899M | +4% | 20.4% | $128M | $210M |
| Q3 2025 | 10-Q | Oct 29, 2025 | $879M | +10% | 21.1% | $128M | $204M |
| Q2 2025 | 10-Q | Jul 30, 2025 | $865M | +7% | 21.7% | $131M | $162M |
| Q1 2025 | 10-Q | May 1, 2025 | $814M | +2% | 17.4% | $95.4M | $106M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About IDEX
IDEX Corporation (“IDEX,” the “Company,” “we,” or “our”) is a global applied solutions provider serving niche markets with mission critical components for everyday life. Substantially all of the Company’s business activities are carried out through over 50 wholly-owned subsidiaries with shared values of Trust, Team and Excellence. IDEX’s diverse family of businesses is committed to making trusted solutions that improve lives and is innovative and inquisitive in its quest to solve customers’ most challenging applied technology problems. These businesses operate with a high degree of autonomy, yet are all united by employing The IDEX Difference, a philosophy of great teams who embrace the 8020 principle while remaining hyper-focused on serving customers. IDEX was incorporated in Delaware on September 24, 1987.
In its own words, from its 10-K, filed Feb 19, 2026.
IDEX against its Pumps & Pumping Equipment peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +8% against the peers' median +8%. Operating margin: 21.9% against the peers' median 17.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| IEX IDEX | Q3 2026 | $952M | +8% | 21.9% |
| XYL Xylem | Q3 2026 | $2.2B | -3% | 17.5% |
| ITT ITT | Q3 2026 | $1.4B | +44% | 15.7% |
| GGG Graco | Q3 2026 | $586M | +8% | 25.3% |
| GRC Gorman Rupp | Q3 2026 | $193M | +12% | 17.5% |
| AP Ampco Pittsburgh | Q2 2026 | $103M | -9% | 4.9% |
Source: IDEX 10-Q on SEC EDGAR · CIK 832101 · Pumps & Pumping Equipment
13F: who owns IEX and who is buying
More on IEX
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- IDEX guidance history: guided vs reported
- IDEX gross margin by quarter
- IDEX operating margin by quarter
- IDEX net income by quarter
- IDEX free cash flow by quarter
- IDEX capital expenditures by quarter
- IDEX Health & Science Technologies revenue by quarter
- IDEX Fluid & Metering Technologies revenue by quarter
- IDEX Fire & Safety/Diversified Products revenue by quarter