IDEX Corporation income statement
In fiscal 2025, IDEX Corporation reported revenue of $3.46bn, up 5.8% on the year before, operating income of $699m (a 20.2% margin) and net income of $483m, or $6.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,330 | 1,513 | 1,838 | 1,954 | 2,024 | 2,148 | 2,021 | 2,113 | 2,287 | 2,484 | 2,495 | 2,352 | 2,765 | 3,182 | 3,274 | 3,269 | 3,458 | 3,658 |
| Cost of revenue | 807 | 895 | 1,100 | 1,151 | 1,151 | 1,198 | 1,116 | 1,182 | 1,261 | 1,366 | 1,370 | 1,324 | 1,540 | 1,755 | 1,827 | 1,824 | 1,919 | 2,017 |
| Gross profit | 522 | 618 | 739 | 804 | 873 | 949 | 904 | 931 | 1,027 | 1,118 | 1,125 | 1,027 | 1,225 | 1,427 | 1,447 | 1,445 | 1,539 | 1,642 |
| Research and development | 30 | 32 | 36 | 36 | 33 | 37 | 34 | 39 | 42 | 48 | 56 | 48 | 50 | 61 | 68 | 67 | 70 | — |
| Selling, general and administrative | 325 | 358 | 422 | 444 | 478 | 504 | 474 | 492 | 525 | 537 | 525 | 495 | 578 | 653 | 704 | 759 | 819 | 862 |
| Operating income | 185 | 249 | 305 | 128 | 396 | 431 | 437 | 412 | 503 | 569 | 579 | 521 | 637 | 751 | 733 | 677 | 699 | 764 |
| Interest expense | 17 | 16 | 29 | 42 | 42 | 42 | 42 | 46 | 45 | 44 | 44 | 45 | 41 | 41 | 52 | — | — | — |
| Income before tax | 169 | 232 | 274 | 86 | 353 | 392 | 392 | 369 | 455 | 529 | 533 | 470 | 580 | 749 | 760 | 639 | 633 | 704 |
| Income tax | 55 | 75 | 80 | 49 | 98 | 113 | 110 | 97 | 118 | 118 | 107 | 93 | 131 | 163 | 165 | 135 | 150 | 168 |
| Net income | 113 | 157 | 194 | 38 | 255 | 279 | 283 | 271 | 337 | 411 | 426 | 378 | 449 | 587 | 596 | 505 | 483 | 536 |
| Diluted EPS | $1.40 | $1.90 | $2.32 | $0.45 | $3.09 | $3.45 | $3.62 | $3.53 | $4.36 | $5.29 | $5.56 | $4.94 | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 | $7.21 |
| Diluted shares (average) | 81m | 82m | 84m | 84m | 82m | 81m | 78m | 77m | 77m | 78m | 77m | 76m | 76m | 76m | 76m | 76m | 75m | 74m |
| EBITDA | 241 | 307 | 377 | 207 | 475 | 508 | 515 | 499 | 587 | 647 | 656 | 604 | 740 | 871 | 885 | 746 | 775 | 844 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 863 | 814 | 865 | 879 | 899 | 887 | 921 | 952 |
| Cost of revenue | 496 | 445 | 473 | 488 | 512 | 489 | 494 | 522 |
| Gross profit | 367 | 369 | 392 | 391 | 387 | 398 | 427 | 430 |
| Selling, general and administrative | 198 | 209 | 204 | 205 | 201 | 218 | 224 | 218 |
| Operating income | 165 | 142 | 188 | 186 | 184 | 172 | 200 | 208 |
| Income before tax | 151 | 125 | 170 | 171 | 168 | 157 | 186 | 193 |
| Income tax | 28 | 29 | 39 | 43 | 39 | 37 | 43 | 49 |
| Net income | 123 | 96 | 132 | 128 | 128 | 120 | 143 | 144 |
| Diluted EPS | $1.62 | $1.26 | $1.74 | $1.70 | $1.71 | $1.61 | $1.93 | $1.95 |
| EBITDA | 109 | 160 | 207 | 205 | 203 | 192 | 220 | 229 |
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