Current Liabilities

Standard Product Warranty Accrual

IDEX Standard Product Warranty Accrual decreased by 6.3% to $13.50M in Q1 2026 compared to the prior quarter. Over 4 years (FY 2020 to FY 2025), Standard Product Warranty Accrual shows an upward trend with a 18.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026Apr 29, 2026

How to read this metric

A significant increase may indicate rising product quality issues or higher-than-expected repair costs.

Detailed definition

The estimated liability for future costs related to repairing or replacing products under standard warranty terms. This...

Peer comparison

Standard for all manufacturing companies providing product warranties.

Metric ID: standard_product_warranty_accrual

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '24Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.75M$7.78M$7.60M$7.80M$8.20M$8.40M$8.10M$8.20M$8.20M$8.00M$13.60M$14.00M$15.10M$14.40M$13.50M
QoQ Change+0.4%-2.3%+2.6%+5.1%+2.4%-3.6%+1.2%+0.0%-2.4%+70.0%+2.9%+7.9%-4.6%-6.3%
YoY Change+5.9%+8.0%+6.6%+5.1%+0.0%-4.8%+5.9%
Range$7.60M$15.10M
CAGR+17.2%
Avg YoY Growth+3.8%
Median YoY Growth+5.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is IDEX's standard product warranty accrual?
IDEX (IEX) reported standard product warranty accrual of $13.50M in Q1 2026.
What is the long-term trend for IDEX's standard product warranty accrual?
Over 4 years (2020 to 2025), IDEX's standard product warranty accrual has grown at a 18.1% compound annual growth rate (CAGR), from $7.39M to $14.40M.
What does standard product warranty accrual mean?
Money set aside to cover the expected costs of fixing products under warranty.