NYSE$IEX

IDEX Corp · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

IDEX Corp reported record quarterly net sales of $865.4 million and net income of $131.6 million for Q2 2025.

IDEX delivered 7% reported sales growth and 1% organic growth in Q2 2025, driven by the Mott acquisition and targeted initiatives in HST and FSDP segments. Adjusted diluted EPS held steady at $2.07 despite higher amortization and interest costs. Strong price/cost execution and productivity gains offset volume pressures from macroeconomic uncertainty.

  • Record Q2 net sales of $865.4 million, up 7% reported and 1% organically.
  • Diluted EPS of $1.74; adjusted EPS of $2.07, flat year-over-year.
  • HST segment led growth with 20% reported sales increase from Mott acquisition.
  • Operating cash flow for first half reached $267.4 million with free cash flow of $238.3 million.

Headline financials

Total Revenue

$865M

Previous: $807M+7.2%
EPS (adj)

$2.07

Previous: $1.86+11.3%
Gross Margin

45.3%

Previous: 45.4%-0.2%
Capital Expenditures

-$29.1M

Previous: -$35.9M+18.9%
Net Income

$132M

Previous: $141M-6.9%
Operating Income

$188M

Previous: $183M+2.8%
Gross Profit

$392M

Previous: $367M+6.9%
Cash & Equivalents

$568M

Previous: $701M-18.9%
Total Assets

$6.88B

Previous: $5.9B+16.5%

Revenue & EPS history

IDEX · Revenue · Quarterly

$865M

Q2 2025+7.2%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

IDEX · $865M total across 3 segments · Q2 2025

  • Health & Science Technologies
    $364M
  • Fluid & Metering Technologies
    $311M
  • Fire & Safety/Diversified Products
    $191M

Forward guidance

Company remains focused on portfolio optimization, price/cost execution and supply chain strategies to mitigate tariff and geopolitical impacts while expecting strong cash generation to support capital deployment.

Tailwinds

  • Agile local teams positioned to adapt to market conditions
  • Critical solutions represent small portion of customer BOMs

Headwinds

  • Macroeconomic uncertainty may pressure demand and order patterns
  • Customers delaying larger commitments

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+8.4%

Q2 2018

Best reaction

-9.6%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+0.2%+4.4%+2.8%
Q4 2025+5.3%+4.5%-1.8%
Q3 2025+3.8%+0.8%+4.2%
Q1 2025+0.7%+3.2%+4.0%
Q4 2024-9.6%-10.2%-14.2%
Q3 2024+6.7%+5.5%+12.8%
Q2 2024-5.7%-7.6%-0.8%
Q1 2024-2.3%-4.0%-6.2%
Q4 2023+1.9%+4.6%+9.4%
Q3 2023+0.2%-1.1%+3.4%
Q2 2023+4.0%+7.3%+7.4%
Q1 2023-3.5%-4.0%-5.5%
Q4 2022-2.3%-1.4%-3.7%
Q3 2022+6.1%+7.6%+13.7%
Q2 2022+3.6%+8.2%+10.7%
Q1 2022+0.2%-1.0%-1.4%
Q4 2021-4.1%-8.3%-9.7%
Q3 2021+0.5%+0.6%+6.7%
Q2 2021-2.9%+0.2%-0.1%
Q1 2021-0.2%-0.6%-1.6%
Q4 2020-2.2%+2.4%+2.1%
Q3 2020-9.2%-10.4%+0.8%
Q2 2020-1.0%-2.3%+5.6%
Q1 2020+0.7%+4.0%-0.8%
Q4 2019-3.1%-3.6%-13.6%
Q3 2019-2.0%-0.2%+2.5%
Q2 2019+1.3%+1.9%-3.7%
Q1 2019-0.1%-0.0%-2.4%
Q4 2018+1.1%+1.8%+6.2%
Q3 2018-4.8%-4.6%-0.4%
Q2 2018+8.4%+9.1%+9.8%
Q1 2018-2.1%+0.0%+1.0%
Q4 2017+1.4%-0.2%-4.0%
Q3 2017-0.3%+1.0%+1.5%
Q2 2017+2.8%+2.4%-0.2%
Q1 2017+7.1%+9.2%+14.1%
Q4 2016-2.5%-1.6%+3.9%
Q3 2016+0.4%-0.1%+6.9%
Q2 2016+2.3%+2.4%+9.0%
Q1 2016+0.8%
Q4 2015-1.1%
Q3 2015-0.1%
Q2 2015+0.1%
Q1 2015+0.7%
Q4 2014-0.1%
Q3 2014+4.8%
Q2 2014+1.8%
Q1 2014+1.7%
Q4 2013+4.3%
Q3 2013+0.7%
Q2 2013+1.7%
Q1 2013+2.2%
Q4 2012-2.9%
Q3 2012+2.0%
Q2 2012-2.7%
Q1 2012-0.0%
Q4 2010-0.8%
Q4 2011-0.8%
Q3 2011-4.8%
Q2 2011-3.9%
Q1 2010-3.0%
Q1 2011+3.6%
Q4 2008+3.7%
Q3 2010+2.3%
Q3 2009+2.3%
Q2 2010+0.3%
Q2 2009+0.3%
Q4 2009+0.3%

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