Filing Flows › IDEX (IEX) › Q2 2026
IDEX (IEX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
IDEX (IEX) reported revenue of $921M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +4% from the quarter before. Operating margin was 21.7%, net earnings $143M (15.6% of revenue).
IDEX, Q2 2026: revenue $921M (+6% year over year), operating margin 21.7%, net earnings $143M, operating cash flow $200M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $921M | +4% | +6% |
| Gross profit | $427M | +7% | +9% |
| Operating profit | $200M | +16% | +6% |
| Net earnings | $143M | +20% | +9% |
| Operating cash flow | $200M | +93% | +24% |
| Free cash flow | $177M | — | +20% |
What changed
Revenue was $920.6M in Q2 2026, up 6% year over year and up 4% from the previous quarter. Health & Science Technologies was the largest line at 45% of revenue. Health & Science Technologies added $50.1M year over year (up 14%), 91% of the total change. Fire & Safety/Diversified Products declined 1%.
Gross margin was 46.4%, up 1.0 points from Q2 2025. Operating profit was $199.9M, a 21.7% margin (unchanged year over year). Of the extra revenue versus Q2 2025, 22% reached operating profit, above the 22% margin then. Operating expenses grew 11% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+300%). Net earnings were $143.4M, up 9% year over year. The effective tax rate was 22.9%.
Operating cash flow was $200.0M (up 24% year over year), 139% of net earnings. Non-cash charges added back $53.4M of depreciation and amortization and $6.1M of share-based compensation. After capital expenditures ($23.0M), free cash flow as the company reports it was $177.0M.
Questions
What was IDEX's revenue in the second quarter 2026?
IDEX (IEX) reported revenue of $921M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +4% from the quarter before.
Was IDEX profitable in the second quarter 2026?
Operating profit was $200M (21.7% of revenue) and net earnings $143M.
Source: IDEX 10-Q on SEC EDGAR.