IDEX Customer refunds and credits increased by 11.1% to $50.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $57.80M to $50.90M. Over 3 years (FY 2022 to FY 2025), Customer refunds and credits shows relatively stable performance with a 0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates a growing obligation to return funds to customers, which may impact future cash flows.
This represents obligations to refund customers or provide credits based on contractual terms or regulatory adjustments....
Common in regulated utilities; peers will report similar customer-related refund liabilities.
other_contract_with_customer_refund_liability_current| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $44.70M | $51.30M | $48.90M | $55.90M | $62.40M | $59.10M | $65.00M | $50.70M | $57.80M | $53.00M | $45.70M | $45.80M | $50.90M |
| QoQ Change | — | +14.8% | -4.7% | +14.3% | +11.6% | -5.3% | +10.0% | -22.0% | +14.0% | -8.3% | -13.8% | +0.2% | +11.1% |
| YoY Change | — | — | — | +25.1% | — | +15.2% | +32.9% | -9.3% | -7.4% | -10.3% | -29.7% | -9.7% | -11.9% |