IDEX Corporation (IEX) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

IDEX reported revenue of $952 million for Q3 2026, up 8% from a year earlier (IDEX, Oct 28, 2026). Diluted EPS was $1.95, up 15% from $1.70. Health & Science Technologies brought in $434 million, up 14%. Every figure is from IDEX's release. Walnut is informational, not investment advice.

IEX Q3 2026 results

In one sentence

IDEX reported revenue of $952 million for Q3 2026, up 8% from a year earlier (IDEX, Oct 28, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$952 million$879 millionup 8%
Diluted EPS (GAAP)$1.95$1.70up 15%
Diluted EPS (Adjusted diluted EPS)$2.33$2.03up 15%
Net income$144 million$128 millionup 13%

The quarter ended September 30, 2026 and IDEX published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. IDEX reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Q3 2026 segment results include Micro-LAM, Inc., acquired in July 2025, in Health & Science Technologies.

Source: IDEX Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

IEX revenue by segment

How IDEX splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Net sales by segmentQ3 2026Q3 2025Change
Health & Science Technologies$434 million$381 millionup 14%
Fluid & Metering Technologies$328 million$317 millionup 3%
Fire & Safety/Diversified Products$192 million$182 millionup 5%
Eliminations-$1.2 million-$1.3 millionn/a
  • IDEX's Health & Science Technologies revenue was $434 million in Q3 2026, up 14% from $381 million in Q3 2025, 46% of total revenue.
  • IDEX's Fluid & Metering Technologies revenue was $328 million in Q3 2026, up 3% from $317 million in Q3 2025, 34% of total revenue.
  • IDEX's Fire & Safety/Diversified Products revenue was $192 million in Q3 2026, up 5% from $182 million in Q3 2025, 20% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

IDEX's outlook for full year 2026

From the earnings release

IDEX does not reconcile its forward-looking non-GAAP measures to GAAP and gives no reported-basis sales or EPS outlook.

In its Q3 2026 release, IDEX said:

“Full year organic sales projected to increase 6.5% to 6.8% over the prior year, up from previous guidance of 5% to 6%”

“Full year adjusted diluted EPS of $8.91 to $8.96, up approximately 12% year-over-year at midpoint, up from previous guidance of $8.70 to $8.85”

Source: IDEX Q3 2026 release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the IEX forecast page.

IEX recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$952 million$1.95Oct 28, 2026
Q2 2026
ended Jun 30, 2026
$921 million$1.93Jul 29, 2026
Q1 2026
ended Mar 31, 2026
$887 million$1.61Apr 29, 2026
Q4 2025
ended Dec 31, 2025
$899 million$1.71Feb 4, 2026
Q3 2025
ended Sep 30, 2025
$879 million$1.70Oct 29, 2025

GAAP net sales and diluted EPS attributable to IDEX, each as first reported in that quarter's release.

When does IEX report earnings next?

We do not hold a confirmed date for IDEX's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past IDEX quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Oct 28, 2026

What IDEX's revenue is made of

IDEX reports net sales in three segments. In Q3 2026 Health & Science Technologies brought in $433.5 million of the $951.7 million total, Fluid & Metering Technologies $327.9 million and Fire & Safety/Diversified Products $191.5 million, with $1.2 million of intersegment eliminations. Sales rose 8% on both a reported and an organic basis. (IDEX Q3 2026 release, Oct 28, 2026)

Health & Science Technologies grew 14%, or 13% organically. IDEX said the higher volumes came primarily from AI-driven demand for data center power and semiconductor markets, plus strength in space and defense and positive price. The segment makes precision fluidics, pumps, sealing components, optical components and coatings, technical ceramics and other engineered parts, and its Adjusted EBITDA margin rose 110 basis points to 28.8%. (IDEX Q3 2026 release, Oct 28, 2026; IDEX Form 10-K, 2025, Feb 19, 2026)

Fluid & Metering Technologies grew 3% (4% organic), mainly on price: higher volumes in municipal water, semiconductor and industrial markets were partly offset by lower volumes in chemical markets as well as in agriculture and energy. Fire & Safety/Diversified Products grew 5% (6% organic) on higher volumes in the BAND-IT and Fire & Safety businesses and positive price. (IDEX Q3 2026 release, Oct 28, 2026)

Half of IDEX's sales are outside the U.S. International sales were $478.2 million in the quarter, up 14%, against domestic sales of $473.5 million, up 3%. In Health & Science Technologies, international sales rose 27% to $249.3 million while domestic sales were flat at $184.2 million. (IDEX Form 10-Q, Q3 2026, Oct 28, 2026)

What IDEX's EPS includes

IDEX's Q3 2026 diluted EPS was $1.95 on a GAAP basis and $2.33 adjusted, both up 15%. The largest adjustment is acquisition-related intangible asset amortization, $0.42 per share before a $0.10 tax effect. Restructuring expenses, asset impairments and related charges added $0.06 before tax, mostly accelerated depreciation tied to the anticipated closure of a facility in Health & Science Technologies. (IDEX Q3 2026 release, Oct 28, 2026)

Diluted weighted average shares fell to 74.0 million from 75.2 million. IDEX repurchased 1.1 million shares at a cost of $227.0 million in the first nine months of 2026, and returned $129 million to shareholders through dividends and share repurchases in the quarter. (IDEX Q3 2026 release, Oct 28, 2026; IDEX Form 10-Q, Q3 2026, Oct 28, 2026)

The effective tax rate was 25.2%, against 25.1% a year earlier. The 10-Q says the Q3 2026 rate includes a discrete tax expense related to reserves on an ongoing state audit. (IDEX Form 10-Q, Q3 2026, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at IDEX

IDEX gives full-year guidance for organic sales growth and adjusted diluted EPS in its release, and raised both with Q3 2026: organic sales growth of 6.5% to 6.8% (previously 5% to 6%) and adjusted diluted EPS of $8.91 to $8.96 (previously $8.70 to $8.85), up about 12% at the midpoint. It does not reconcile these to GAAP, citing items such as foreign exchange, acquisitions and restructuring that it cannot reasonably estimate. (IDEX Q3 2026 release, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover IDEX, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at IDEX

The figures below are the ones IDEX's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Orders
$991.2 million, up 13% from $880.3 million
Up 13% on an organic basis
IDEX Q3 2026 release, Oct 28, 2026
Adjusted EBITDA margin
27.8%, up 50 basis points from 27.3%
Adjusted EBITDA $264.8 million
IDEX Q3 2026 release, Oct 28, 2026
Health & Science Technologies organic sales
Up 13%
AI-driven demand for data center power and semiconductor markets
IDEX Q3 2026 release, Oct 28, 2026
Free cash flow
$214.3 million, up from $188.7 million
124% free cash flow conversion
IDEX Q3 2026 release, Oct 28, 2026
Gross margin
45.1%, up 60 basis points from 44.5%
IDEX Q3 2026 release, Oct 28, 2026
International sales
$478.2 million, up 14%
Domestic sales $473.5 million, up 3%

What the quarter means for a holding is a separate question from what it reported. The case for and against owning IEX is on is IEX a buy or a sell?, what analysts expect next is on the IEX forecast, and what the company does is on the IDEX Corporation (IEX) stock page.

How to check IEX's figures yourself

Every number on this page can be traced to a document IDEX published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about IDEX

Ask Walnut's AI anything about IEX and see how it fits what you own.

FAQ

What was IDEX's revenue last quarter?

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IDEX reported revenue of $952 million for Q3 2026, the quarter ended September 30, 2026, against $879 million in Q3 2025 (up 8%). The figures come from IDEX's results release of October 28, 2026.

What were IEX's earnings per share for Q3 2026?

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Diluted EPS was $1.95 on a GAAP basis, against $1.70 a year earlier. On IDEX's Adjusted diluted EPS basis it was $2.33, against $2.03. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did IDEX give for full year 2026?

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IDEX does not reconcile its forward-looking non-GAAP measures to GAAP and gives no reported-basis sales or EPS outlook. In its Q3 2026 release, IDEX said: "Full year organic sales projected to increase 6.5% to 6.8% over the prior year, up from previous guidance of 5% to 6% Full year adjusted diluted EPS of $8.91 to $8.96, up approximately 12% year-over-year at midpoint, up from previous guidance of $8.70 to $8.85" That is the company's own outlook as of Oct 28, 2026, and companies revise outlooks as the quarter goes on.

When does IEX report earnings next?

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We do not hold a confirmed date for IDEX's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does IDEX's revenue come from?

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IDEX's Health & Science Technologies revenue was $434 million in Q3 2026, up 14% from $381 million in Q3 2025, 46% of total revenue. IDEX's Fluid & Metering Technologies revenue was $328 million in Q3 2026, up 3% from $317 million in Q3 2025, 34% of total revenue. IDEX's Fire & Safety/Diversified Products revenue was $192 million in Q3 2026, up 5% from $182 million in Q3 2025, 20% of total revenue. These are the lines of IDEX's own "net sales by segment" table for Q3 2026.

How much did IDEX's revenue grow last quarter?

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Up 8% on the year: $952 million in Q3 2026 against $879 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in IDEX's business do not distort it.

What is the difference between IDEX's GAAP and Adjusted diluted EPS EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. IDEX's Adjusted diluted EPS EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $1.95 and $2.33. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the IEX numbers on this page come from?

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From IDEX's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from IDEX's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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