IDEX Corporation (IEX) Income Statement
IEX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIEX revenue and net income
Where IEX's revenue goes
2025Each bar shows an amount and its share of revenue. IEX kept 14.0% of revenue as net income.
IEX profit margins
IEX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.8% | +2.8% | +8.0% | +5.5% |
| Gross profit | +1.5% | −1.2% | +5.9% | +5.0% |
| Operating income | +3.3% | −3.0% | +6.0% | +5.3% |
| Net income | −4.3% | −6.3% | +5.0% | +5.5% |
| EPS (diluted) | +0.9% | −0.7% | +8.9% | +8.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IEX quarterly EPS vs estimates
IDEX beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $2.23).
IEX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.46B | $3.27B | $3.27B | $3.18B | $2.76B | $2.35B | $2.49B | $2.48B | $2.29B | $2.11B |
| Cost of revenue | $1.92B | $1.75B | $1.83B | $1.59B | $1.40B | $1.19B | $1.22B | $1.32B | $1.22B | $1.13B |
| Gross profit | $1.54B | $1.52B | $1.45B | $1.59B | $1.36B | $1.16B | $1.27B | $1.17B | $1.07B | $984.9M |
| Research & development | — | $178.6M | $175.9M | $156.8M | $133.0M | $130.5M | $148.8M | $48.0M | $42.4M | $39.4M |
| Sales, general & admin | $818.8M | $732.1M | $698.9M | $652.7M | $578.2M | $494.9M | $525.0M | $534.5M | $527.5M | $494.8M |
| Total operating expenses | $818.8M | $819.8M | $703.5M | $804.9M | $707.5M | $621.1M | $672.1M | $581.7M | $566.0M | $533.7M |
| Operating income | $720.0M | $696.9M | $732.5M | $789.5M | $654.0M | $536.8M | $601.7M | $584.2M | $503.0M | $451.2M |
| Interest income | $64.4M | $44.5M | $51.7M | $40.7M | $41.0M | $44.7M | $44.3M | $44.1M | $44.9M | $45.6M |
| Interest expense | $64.4M | $44.5M | $51.7M | $40.7M | $37.7M | $50.8M | $38.0M | $50.6M | $51.5M | $52.5M |
| Income before taxes | $632.6M | $639.3M | $760.3M | $749.4M | $579.8M | $470.3M | $532.9M | $528.9M | $455.3M | $368.5M |
| Income taxes | $150.1M | $134.7M | $164.7M | $162.7M | $130.5M | $92.6M | $107.4M | $118.4M | $118.0M | $97.4M |
| Net income | $483.2M | $505.0M | $596.1M | $586.9M | $449.4M | $377.8M | $425.5M | $410.6M | $337.3M | $271.1M |
| EBITDA | $903.5M | $859.4M | $732.5M | $909.8M | $720.5M | $604.6M | $647.8M | $657.1M | $591.0M | $507.9M |
| EPS (diluted) | $7.95 | $7.88 | $8.22 | $8.13 | $6.30 | $5.20 | $5.79 | $5.41 | $4.31 | $3.76 |
| Gross margin | 44.5% | 46.4% | 44.2% | 50.1% | 49.2% | 49.2% | 51.1% | 46.9% | 46.7% | 46.6% |
| Operating margin | 20.8% | 21.3% | 22.4% | 24.8% | 23.7% | 22.8% | 24.1% | 23.5% | 22.0% | 21.4% |
| Net margin | 14.0% | 15.4% | 18.2% | 18.4% | 16.3% | 16.1% | 17.1% | 16.5% | 14.7% | 12.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $920.6M | $886.9M | $899.1M | $878.7M | $865.4M | $814.3M | $862.9M | $798.2M | $807.2M | $800.5M | $788.9M | $793.4M |
| Cost of revenue | $493.8M | $488.8M | $512.0M | $488.1M | $473.2M | $445.4M | $527.9M | $444.3M | $440.4M | $443.1M | $452.1M | $443.8M |
| Gross profit | $426.8M | $398.1M | $387.1M | $390.6M | $392.2M | $368.9M | $335.0M | $353.9M | $366.8M | $357.4M | $336.8M | $349.6M |
| Research & development | — | — | — | — | — | — | $111.2M | — | — | — | $107.5M | — |
| Sales, general & admin | $224.1M | $218.3M | $201.1M | $204.7M | $203.6M | $209.4M | $180.6M | $182.9M | $182.8M | $195.1M | $156.5M | $165.9M |
| Total operating expenses | $226.9M | $225.7M | $201.1M | $204.8M | $202.0M | $208.7M | $164.7M | $177.4M | $180.3M | $193.8M | $171.7M | $164.1M |
| Operating income | $199.9M | $172.4M | $186.0M | $185.8M | $190.2M | $160.2M | $170.3M | $176.5M | $186.5M | $163.6M | $165.1M | $185.5M |
| Interest income | — | — | $16.2M | $16.5M | $15.6M | $16.1M | $16.7M | $10.3M | — | — | — | $13.7M |
| Interest expense | $15.1M | $16.0M | $16.2M | $16.5M | $15.6M | $16.1M | $16.7M | $10.3M | $8.1M | $9.4M | $11.6M | $13.7M |
| Income before taxes | $186.1M | $157.0M | $167.7M | $170.5M | $169.9M | $124.5M | $151.2M | $154.4M | $179.2M | $154.5M | $140.2M | $261.8M |
| Income taxes | $42.7M | $37.1M | $39.4M | $42.8M | $38.8M | $29.1M | $28.0M | $35.5M | $38.0M | $33.2M | $31.9M | $52.8M |
| Net income | $143.4M | $120.0M | $128.3M | $127.8M | $131.6M | $95.5M | $123.2M | $119.1M | $141.3M | $121.4M | $108.6M | $209.1M |
| EBITDA | $254.6M | $226.7M | $237.4M | $239.1M | $236.5M | $190.5M | $218.6M | $208.6M | $227.5M | $204.7M | $191.4M | $314.0M |
| EPS (diluted) | $2.32 | $2.00 | $2.10 | $2.03 | $2.07 | $1.75 | $2.04 | $1.90 | $2.06 | $1.88 | $1.83 | $2.12 |
| Gross margin | 46.4% | 44.9% | 43.1% | 44.5% | 45.3% | 45.3% | 38.8% | 44.3% | 45.4% | 44.6% | 42.7% | 44.1% |
| Operating margin | 21.7% | 19.4% | 20.7% | 21.1% | 22.0% | 19.7% | 19.7% | 22.1% | 23.1% | 20.4% | 20.9% | 23.4% |
| Net margin | 15.6% | 13.5% | 14.3% | 14.5% | 15.2% | 11.7% | 14.3% | 14.9% | 17.5% | 15.2% | 13.8% | 26.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IEX's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IEX financial results
In fiscal year 2025 (ended December 31, 2025), IDEX reported revenue of $3.5 billion, up 5.8% from the year before. It had net income of $483.2 million (down 4.3%), a net profit margin of 14.0%. Diluted earnings per share came to $7.95. Over five years revenue grew at an average rate of 8.0% a year.
See the IEX stock overview for the latest quote and news, or the IEX chart for price history and technical indicators.
IEX income statement FAQ
What is IDEX's annual revenue?
IDEX reported total revenue of $3.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.8% from $3.3 billion the previous year.
Is IDEX profitable?
Yes. IDEX reported net income of $483.2 million in fiscal 2025, a net profit margin of 14.0%; its operating margin was 20.8%.
What is IDEX's gross margin?
IDEX's gross margin was 44.5% in fiscal 2025: for every $100 of revenue, IDEX kept $45 after the direct cost of its products and services.
How fast is IDEX growing?
Revenue grew 8.0% a year on average over the last five fiscal years, from $2.4 billion to $3.5 billion.
What are IDEX's earnings per share?
IDEX earned $7.95 per diluted share in fiscal 2025, compared with $7.88 a year earlier.
When will IDEX report its next earnings?
IDEX is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does IDEX's fiscal year end?
IDEX's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.