Filing Flows › IDEX (IEX) › Q2 2026 › vs Q1 2026
IDEX (IEX) Q2 2026 vs Q1 2026 (quarter over quarter)
IDEX's revenue rose $33.7M (+4%) from $887M in Q1 2026 to $921M in Q2 2026. The biggest changes: Health & Science Technologies +$16.6M (+4%); Fluid & Metering Technologies +$15.4M (+5%); Fire & Safety/Diversified Products +$1.7M (+0.9%). Gross margin 46.4% against 44.9% (+1.5 pts).
IDEX, Q2 2026: revenue $921M (+6% year over year), operating margin 21.7%, net earnings $143M, operating cash flow $200M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 46.4% | 44.9% | +1.5 pts |
| Operating margin | 21.7% | 19.4% | +2.3 pts |
| Net margin | 15.6% | 13.5% | +2.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Health & Science Technologies | $414M | $397M | $16.6M | +4% |
| Fluid & Metering Technologies | $317M | $301M | $15.4M | +5% |
| Fire & Safety/Diversified Products | $190M | $188M | $1.7M | +0.9% |
| Revenue | $921M | $887M | $33.7M | +4% |
| Gross profit | $427M | $398M | $28.7M | +7% |
| Cost of revenue | $494M | $489M | $5.0M | +1% |
| Operating profit | $200M | $172M | $27.5M | +16% |
| Operating expenses | $227M | $226M | $1.2M | +0.5% |
| Pre-tax earnings | $186M | $157M | $29.1M | +19% |
| Other expense, net | $13.8M | $15.4M | −$1.6M | -10% |
| SG&A | $224M | $218M | $5.8M | +3% |
| Other operating costs | $2.8M | $7.4M | −$4.6M | -62% |
| Net earnings | $143M | $120M | $23.5M | +20% |
| Income tax | $42.7M | $37.1M | $5.6M | +15% |
| Depreciation & amortization | $53.4M | $53.7M | −$300K | -0.6% |
| Share-based compensation | $6.1M | $15.8M | −$9.7M | -61% |
| Working capital & other | $2.9M | $85.7M | −$82.8M | -97% |
| Operating cash flow | $200M | $104M | $96.3M | +93% |
Questions
How much did IDEX's revenue grow quarter over quarter in Q2 2026?
IDEX's revenue rose $33.7M (+4%) from $887M in Q1 2026 to $921M in Q2 2026.
What drove IDEX's revenue change in Q2 2026?
Health & Science Technologies +$16.6M (+4%); Fluid & Metering Technologies +$15.4M (+5%); Fire & Safety/Diversified Products +$1.7M (+0.9%).