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IDEX IEX Gross Profit

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Other financials

Income statement

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Revenue$886.9M+8.9%
Operating income$172.4M+21.4%
Net income$120.0M+25.7%
EPS (diluted)$1.61+27.8%

Balance sheet

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Cash & equivalents$591.8M-3.3%
Total debt$1.9B-3.4%
Total equity$4.0B+3.7%
Total assets$6.9B+1.8%

Cash flow

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Operating cash flow$103.7M-1.9%
CapEx$17.7M+23.8%
Free cash flow$86.0M-5.9%

Valuation

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Market cap$16.45B+18.6%
Enterprise value$17.76B+17.0%
P/E32.4×+2.9×
P/S4.7×+0.5×

Profitability

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Gross margin44.4%0.0pp
Operating margin20.7%+0.6pp
Net margin14.4%-0.2pp
FCF margin17.3%+0.3pp

Returns & leverage

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Return on equity12.8%0.0pp
Debt / equity0.5×0.0×
Current ratio3.4×+0.6×

Where this comes from

Calculated from IDEX’s reported figures.

The official record: IDEX’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IDEX's gross profit?
IDEX (IEX) reported gross profit of $398.1M in Q1 2026.
How has IDEX's gross profit changed year-over-year?
IDEX's gross profit increased by 7.9% year-over-year, from $368.9M to $398.1M.
What is the long-term trend for IDEX's gross profit?
Over 4 years (2021 to 2025), IDEX's gross profit has grown at a 5.9% compound annual growth rate (CAGR), from $1.22B to $1.54B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.