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IDEX Corporation (IEX) filed an 8-K current report with the SEC on April 29, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 fiscal 2026 results covered the period ended March 31, 2026.
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AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 fiscal 2026 results covered the period ended March 31, 2026
- Press release furnished as Exhibit 99.1 contains IDEX’s financial results and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q1 sales $886.9M, up 9% reported and 5% organically, with orders $988.3M up 13% reported and 10% organically
- Adjusted EPS $2.00, up 14%, while adjusted EBITDA margin expanded 50 bps to 26.0%
- HST led growth with organic sales up 11% and EBITDA margin reaching 26.6%, driven by AI data-center power, semiconductors, space and defense
- Full-year organic growth guidance raised to 3%-4% from 1%-2%; adjusted EPS guidance raised to $8.35-$8.55 from $8.15-$8.35
- Capital returns totaled $129.1M, including $76.3M of repurchases and $52.8M of dividends, despite free-cash-flow conversion declining to 58%
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