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Operating Income

Gross Profit

IDEX Gross Profit increased by 2.8% to $398.1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.9%, from $368.9M to $398.1M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 5.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher gross profit indicates better control over production costs or stronger brand pricing power.

Detailed definition

Gross profit is the residual profit after deducting the cost of goods sold from total revenue. It serves as a primary in...

Peer comparison

Standard profitability metric; essential for comparing operational efficiency across industrial peers.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$306.1M$311.6M$314.2M$342.5M$356.9M$381.8M$345.7M$382.5M$378M$349.6M$336.8M$357.4M$366.8M$353.9M$367.1M$368.9M$392.2M$390.6M$387.1M$398.1M
QoQ Change+1.8%+0.8%+9.0%+4.2%+7.0%-9.5%+10.6%-1.2%-7.5%-3.7%+6.1%+2.6%-3.5%+3.7%+0.5%+6.3%-0.4%-0.9%+2.8%
YoY Change+16.6%+22.5%+10.0%+11.7%+5.9%-8.4%-2.6%-6.6%-3.0%+1.2%+9.0%+3.2%+6.9%+10.4%+5.4%+7.9%
Range$306.1M$398.1M
CAGR+5.7%
Avg YoY Growth+5.6%
Median YoY Growth+6.4%

Frequently Asked Questions

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?
The profit made after subtracting the direct costs of making products.