Revenue Growth Momentum
IEX grew total revenue by 8.9% year-over-year to $886.9M in Q1 FY2026, up from $814.3M in the prior-year period, reflecting continued demand across its business segments.
IDEX CORP /DE/ is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: IEX delivered strong Q1 FY2026 results with revenue up 8.9% to $886.9M, net income surging 25.7% to $120.0M, and EPS rising 27.8% to $1.61, driven by operating leverage that expanded operating margin by 200 basis points year-over-year.
Drawn from management commentary in the Q1 2026 10-Q:
IEX grew total revenue by 8.9% year-over-year to $886.9M in Q1 FY2026, up from $814.3M in the prior-year period, reflecting continued demand across its business segments.
Operating income jumped 21.4% to $172.4M, with operating margin expanding approximately 200 basis points to 19.4% from 17.4%, as SG&A expense growth was contained to just 4.3% YoY ($218.3M vs. $209.4M), well below the revenue growth rate.
Net income grew 25.7% to $120.0M and both basic and diluted EPS rose 27.8% to $1.61, outpacing revenue growth and indicating meaningful operating and financial leverage in the business model.
Revenue
$886.9M
++8.92% YoY
EPS (Basic)
$1.61
++27.78% YoY
Gross Margin
44.9%
-0.42% YoY
Operating Income
$172.4M
++21.41% YoY
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