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IDEX CORP /DE/

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

IEX$226.99+2.0%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

PART I.Item 1.Business1
Item 1A.Risk Factors13
Item 1B.Unresolved Staff Comments19
Item 1C.Cybersecurity19
Item 2.Properties21
Item 3.Legal Proceedings21
Item 4.Mine Safety Disclosures21
PART II.Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities22
Item 6.[Reserved]23
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations24
Item 7A.Quantitative and Qualitative Disclosures About Market Risk33
Item 8.Financial Statements and Supplementary Data35
Management’s Report on Internal Control Over Financial Reporting35
Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34)36
Consolidated Statements of Income39
Consolidated Statements of Comprehensive Income40
Consolidated Balance Sheets41
Consolidated Statements of Equity42
Consolidated Statements of Cash Flows43
Notes to Consolidated Financial Statements44
Note 1. Significant Accounting Policies44
Note 2. Acquisitions and Divestitures49
Note 3. Collaborative Investments54
Note 4. Balance Sheet Components55
Note 5. Revenue55
Note 6. Goodwill and Intangible Assets58
Note 7. Borrowings60
Note 8. Fair Value Measurements62
Note 9. Leases63
Note 10. Commitments and Contingencies65
Note 11. Share Repurchases65
Note 12. Income Taxes65
Note 13. Business Segments and Geographic Information68
Note 14. Restructuring Expenses and Asset Impairments72
Note 15. Share-Based Compensation73
Note 16. Accumulated Other Comprehensive Income (Loss)78
Note 17. Retirement Benefits78
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure85
Item 9A.Controls and Procedures85
Item 9B.Other Information85
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections85
PART III.Item 10.Directors, Executive Officers and Corporate Governance86
Item 11.Executive Compensation86
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters86
Item 13.Certain Relationships and Related Transactions, and Director Independence86
Item 14.Principal Accountant Fees and Services86
PART IV.Item 15.Exhibits and Financial Statement Schedules87
Signatures91
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.