IDEX Corporation Q2 2026 Earnings Release

IDEX Corporation reported record sales of $921 million for the second quarter ended June 30, 2026, a 6% increase year-over-year. Adjusted diluted earnings per share (EPS) were a record $2.32, up 12%. The company also saw record orders exceeding $1 billion, a 29% increase. IDEX is raising its full-year 2026 guidance for organic growth to 5-6% and adjusted diluted EPS to $8.70-$8.85. The Health & Science Technologies segment showed strong growth with a 14% increase in net sales, driven by AI demand and semiconductor markets. The Fluid & Metering Technologies segment saw a 2% increase in net sales, while the Fire & Safety/Diversified Products segment experienced a slight decrease. The company benefited from $14.7 million in IEEPA tariff refunds, which positively impacted gross margin and adjusted EBITDA. IDEX returned capital to shareholders through $77 million in share repurchases and $54 million in dividends.