Filing Flows › IDEX (IEX) › How it makes money
How IDEX (IEX) makes money
IDEX (IEX) made $952M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Health & Science Technologies brought in $432M (45%); Fluid & Metering Technologies brought in $328M (34%); Fire & Safety/Diversified Products brought in $191M (20%). Of every dollar of revenue, 45¢ was left as gross profit, 22¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Health & Science Technologies | $432M | 45.4% | +4% | +14% |
| Fluid & Metering Technologies | $328M | 34.4% | +4% | +3% |
| Fire & Safety/Diversified Products | $191M | 20.1% | +0.8% | +5% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $952M | 100.0% |
| Cost of revenue | $522M | 54.9% |
| Gross profit | $430M | 45.1% |
| Operating expenses | $222M | 23.3% |
| Operating profit | $208M | 21.9% |
| Income tax | $48.7M | 5.1% |
| Net earnings | $144M | 15.1% |
| Operating cash flow | $240M | 25.2% |
| Free cash flow | $214M | 22.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $952M | +8% |
| Q2 2026 | $921M | +6% |
| Q1 2026 | $887M | +9% |
| Q4 2025 | $899M | +4% |
| Q3 2025 | $879M | +10% |
| Q2 2025 | $865M | +7% |
| Q1 2025 | $814M | +2% |
From IDEX's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does IDEX make money?
IDEX (IEX) made $952M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Health & Science Technologies brought in $432M (45%); Fluid & Metering Technologies brought in $328M (34%); Fire & Safety/Diversified Products brought in $191M (20%). Of every dollar of revenue, 45¢ was left as gross profit, 22¢ was left as operating profit, 15¢ was left as net earnings.
What is IDEX's biggest business?
Health & Science Technologies: $432M in the third quarter 2026, 45% of revenue, +14% from a year earlier.
What is IDEX's profit margin?
Net earnings were $144M, 15.1% of revenue, in the third quarter 2026; the operating margin was 21.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.