The company reported Net sales of $886.9 million for the quarter ended March 31, 2026, up 9% from a year earlier and up 5% organically, and diluted EPS attributable to IDEX of $1.61, up 28%.

1. 01

   The company reported Net sales of $886.9 million for the quarter ended March 31, 2026, up 9% from a year earlier and up 5% organically, and diluted EPS attributable to IDEX of $1.61, up 28%.

2. 02

   The company said organic sales rose 5%, driven mainly by higher volumes in the HST segment, and that lower volumes in the FSDP and FMT segments partly offset this. It cited strength in space and defense and AI-related demand for data center power and semiconductors in HST.

3. 03

   The company said restructuring expenses and asset impairments for Q1 2026 mainly relate to $4.8 million asset impairments on intangible and property, plant and equipment in the FMT segment, and also include severance costs from employee reductions.

4. 04

   The company said it repurchased 0.4 million shares for $75.6 million during Q1 2026 and paid dividends of $52.8 million, and that operating cash flow fell $2.0 million from a year earlier.

Key figures

Quarter ended March 31, 2026

Revenue

$887M

Operating income

$172M

Net income

$120M

EPS

$1.61

Gross profit

$398M

Operating cash flow

$104M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.