Filing Flows › IDEX (IEX) › Q3 2025
IDEX (IEX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
IDEX (IEX) reported revenue of $879M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +2% from the quarter before. Operating margin was 21.1%, net earnings $128M (14.5% of revenue).
IDEX, Q3 2025: revenue $879M (+10% year over year), operating margin 21.1%, net earnings $128M, operating cash flow $204M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $879M | +2% | +10% |
| Gross profit | $391M | -0.4% | +10% |
| Operating profit | $186M | -1% | +11% |
| Net earnings | $128M | -3% | +7% |
| Operating cash flow | $204M | +26% | -0.9% |
| Free cash flow | $189M | — | -2% |
What changed
Revenue was $878.7M in Q3 2025, up 10% year over year and up 2% from the previous quarter. Health & Science Technologies was the largest line at 43% of revenue. Health & Science Technologies added $70.2M year over year (up 23%), 87% of the total change. Fire & Safety/Diversified Products declined 3%.
Gross margin was 44.5%, up 0.1 points from a year earlier. Operating profit was $185.8M, a 21.1% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 21% margin then. Operating expenses grew 10% against revenue growth of 10%. Net earnings were $127.8M, up 7% year over year. The effective tax rate was 25.1%.
Operating cash flow was $203.5M (down 1% year over year), 159% of net earnings. Non-cash charges added back $52.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items added $18.8M. After capital expenditures ($14.8M), free cash flow as the company reports it was $188.7M.
Questions
What was IDEX's revenue in the third quarter 2025?
IDEX (IEX) reported revenue of $879M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +2% from the quarter before.
Was IDEX profitable in the third quarter 2025?
Operating profit was $186M (21.1% of revenue) and net earnings $128M.
Source: IDEX 10-Q on SEC EDGAR.