The earnings call revealed strong Q2 financial performance and strategic capital deployment, but was overshadowed by reduced financial projections due to slower customer decision-making and geopolitical tensions. While there were notable achievements, such as better-than-expected Q2 results and successful M&A activity, these were balanced by significant challenges in key business areas and lowered guidance.

Company Guidance

During the IDEX Corporation's Second Quarter 2025 Earnings Conference Call, the company provided updated guidance for the fiscal year, adjusting their organic sales growth outlook to approximately 1%, down from the previous estimate of 1% to 3%. This revision is due to fluctuating order patterns and delays in customer decision-making, particularly impacting newer acquisitions in the Health and Science Technology (HST) segment. Despite these challenges, IDEX delivered an adjusted EBITDA margin of 27.4% in Q2, a decline of 40 basis points year-over-year, and achieved a free cash flow of $147 million, representing a 94% conversion of adjusted net income. The company also reported that their cost-saving initiatives remain on track, expecting $62 million in full-year savings from platform optimization and delayering actions. For the third quarter, IDEX anticipates 2% to 3% organic revenue growth and adjusted EPS of $1.90 to $1.95, reflecting ongoing market uncertainties and incremental tariff impacts, which are expected to be fully mitigated by price increases and supply chain efficiencies.

Better-than-Expected Q2 Results

IDEX's teams across all three segments delivered better-than-expected results in Q2 despite continued macro uncertainty.

Strong Q2 Financial Performance

Orders grew organically by 2%, and free cash flow increased by 25% year-over-year with a 94% conversion versus adjusted net income.

Successful Capital Deployment

The acquisition of Micro-LAM and strategic focus on tuck-in M&A to scale and expand critical capabilities in advantaged markets.

Continued M&A Activity

IDEX deployed $50 million to repurchase shares in Q2 and has $440 million remaining in its current authorization.

Successful Platform Optimization

Platform optimization and delayering initiatives delivered a combined $14 million in savings during Q2, in line with plans.

IDEX (IEX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

IEX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	1.94 / -	1.9	―	―	―
Jul 30, 2025	2025 (Q2)	1.99 / 2.07	2.06	0.49% (<+0.01)
May 01, 2025	2025 (Q1)	1.64 / 1.75	1.88	-6.91% (-0.13)
Feb 04, 2025	2024 (Q4)	2.02 / 2.04	1.83	11.48% (+0.21)
Oct 29, 2024	2024 (Q3)	1.89 / 1.90	2.12	-10.38% (-0.22)
Jul 31, 2024	2024 (Q2)	2.04 / 2.06	2.18	-5.50% (-0.12)
Apr 23, 2024	2024 (Q1)	1.76 / 1.88	2.09	-10.05% (-0.21)
Feb 06, 2024	2023 (Q4)	1.78 / 1.83	2.01	-8.96% (-0.18)
Oct 25, 2023	2023 (Q3)	1.89 / 2.12	2.14	-0.93% (-0.02)
Jul 26, 2023	2023 (Q2)	2.12 / 2.18	2.02	7.92% (+0.16)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IEX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$185.18	$164.28	-11.29%
May 01, 2025	$172.66	$173.93	+0.74%
Feb 04, 2025	$217.00	$196.09	-9.64%
Oct 29, 2024	$201.70	$216.30	+7.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does IDEX Corporation (IEX) report earnings?

IDEX Corporation (IEX) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is IDEX Corporation (IEX) earnings time?

IDEX Corporation (IEX) earnings time is at Oct 28, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is IEX EPS forecast?

IEX EPS forecast for the fiscal quarter 2025 (Q3) is 1.94.

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