AI English summary of an SEC filing — figures as filed
IDEX IEXThe company said sales for the 3-month period were $865.4 million, up 7% from $807.2 million a year earlier, and that organic growth was 1%. Net income attributable to IDEX was $131.6 million, and diluted earnings per share (EPS) was $1.74, down from $1.86 a year earlier.
Key points
AI summaryThe company said sales for the 3-month period were $865.4 million, up 7% from $807.2 million a year earlier, and that organic growth was 1%. Net income attributable to IDEX was $131.6 million, and diluted earnings per share (EPS) was $1.74, down from $1.86 a year earlier.
IDEX said adjusted diluted EPS was $2.07, roughly flat with $2.06 a year earlier. Gross margin fell 10 basis points to 45.3% from 45.4%. The company cited the Mott acquisition, unfavorable mix and lower volume leverage as factors, and said higher interest expense was related to higher debt.
The company said operating cash flow for Q2 rose to $161.7 million from $133.6 million a year earlier. Free cash flow increased to $146.9 million from $117.7 million, and the company pointed to the timing of customer collections in working capital.
The company said it now expects full-year GAAP diluted EPS of $6.30 to $6.44 (adjusted diluted EPS of $7.85 to $7.95), compared with its prior guidance of $6.56 to $6.95 (adjusted diluted EPS of $8.10 to $8.45). It also said that in July 2025 it acquired Micro-LAM for cash consideration of $90.0 million, subject to customary adjustments.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
IDEX Q2 sales $865.4 million, net income $131.6 million
The company said sales for the 3-month period were $865.4 million, up 7% from $807.2 million a year earlier, and that organic growth was 1%. Net income attributable to IDEX was $131.6 million, and diluted earnings per share (EPS) was $1.74, down from $1.86 a year earlier.
Source · Based on the filing body and exhibits
Adjusted EPS $2.07; gross margin and interest expense explained
IDEX said adjusted diluted EPS was $2.07, roughly flat with $2.06 a year earlier. Gross margin fell 10 basis points to 45.3% from 45.4%. The company cited the Mott acquisition, unfavorable mix and lower volume leverage as factors, and said higher interest expense was related to higher debt.
Source · Based on the filing body and exhibits
Operating and free cash flow for Q2
The company said operating cash flow for Q2 rose to $161.7 million from $133.6 million a year earlier. Free cash flow increased to $146.9 million from $117.7 million, and the company pointed to the timing of customer collections in working capital.
Source · Based on the filing body and exhibits
Full-year EPS outlook revised; Micro-LAM acquired
The company said it now expects full-year GAAP diluted EPS of $6.30 to $6.44 (adjusted diluted EPS of $7.85 to $7.95), compared with its prior guidance of $6.56 to $6.95 (adjusted diluted EPS of $8.10 to $8.45). It also said that in July 2025 it acquired Micro-LAM for cash consideration of $90.0 million, subject to customary adjustments.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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