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v3.25.2

Revenue (Tables) | 6 Months Ended
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Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Revenue by Reporting Unit | Revenue by reporting unit for the three and six months ended June 30, 2025 and 2024 was as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Scientific Fluidics & Optics | $ | 209.0 |  |  | $ | 157.6 |  |  | $ | 403.0 |  |  | $ | 320.3 |
Performance Pneumatic Technologies | 65.1 |  |  | 59.3 |  |  | 124.1 |  |  | 116.8 |
Sealing Solutions | 61.3 |  |  | 59.8 |  |  | 121.9 |  |  | 120.3 |
Material Processing Technologies | 29.9 |  |  | 27.1 |  |  | 57.8 |  |  | 56.5 |
Intersegment elimination | (1.4) |  |  | (0.8) |  |  | (2.8) |  |  | (1.5) |
Health & Science Technologies | 363.9 |  |  | 303.0 |  |  | 704.0 |  |  | 612.4 |
Pumps | 109.1 |  |  | 101.4 |  |  | 214.9 |  |  | 203.3 |
Water | 85.8 |  |  | 88.9 |  |  | 168.7 |  |  | 171.9 |
Energy | 55.4 |  |  | 57.7 |  |  | 102.3 |  |  | 110.3 |
Agriculture | 37.1 |  |  | 38.6 |  |  | 69.1 |  |  | 78.3 |
Valves | 23.5 |  |  | 32.8 |  |  | 46.4 |  |  | 69.3 |
Intersegment elimination | (0.4) |  |  | (0.5) |  |  | (0.7) |  |  | (0.7) |
Fluid & Metering Technologies | 310.5 |  |  | 318.9 |  |  | 600.7 |  |  | 632.4 |
Fire & Safety | 123.6 |  |  | 111.7 |  |  | 234.6 |  |  | 216.8 |
Dispensing | 37.3 |  |  | 45.1 |  |  | 80.9 |  |  | 86.6 |
BAND-IT | 30.6 |  |  | 28.6 |  |  | 60.3 |  |  | 60.0 |
Intersegment elimination | (0.5) |  |  | (0.1) |  |  | (0.8) |  |  | (0.5) |
Fire & Safety/Diversified Products | 191.0 |  |  | 185.3 |  |  | 375.0 |  |  | 362.9 |
Net sales | $ | 865.4 |  |  | $ | 807.2 |  |  | $ | 1,679.7 |  |  | $ | 1,607.7 |
Schedule of External Net Sales Disaggregated by Geography | Revenue by geographical region for the three and six months ended June 30, 2025 and 2024 was as follows:
| Three Months Ended June 30, 2025
| HST |  | FMT |  | FSDP |  | IDEX
U.S. | $ | 166.3 |  |  | $ | 175.7 |  |  | $ | 93.8 |  |  | $ | 435.8 |
North America, excluding U.S. | 5.2 |  |  | 18.4 |  |  | 7.9 |  |  | 31.5 |
Europe | 116.1 |  |  | 51.6 |  |  | 52.4 |  |  | 220.1 |
Asia | 69.9 |  |  | 41.7 |  |  | 29.5 |  |  | 141.1 |
Other(1) | 7.8 |  |  | 23.5 |  |  | 7.9 |  |  | 39.2 |
Intersegment elimination | (1.4) |  |  | (0.4) |  |  | (0.5) |  |  | (2.3) |
Net sales | $ | 363.9 |  |  | $ | 310.5 |  |  | $ | 191.0 |  |  | $ | 865.4 |
| Three Months Ended June 30, 2024
| HST |  | FMT |  | FSDP |  | IDEX
U.S. | $ | 141.8 |  |  | $ | 181.2 |  |  | $ | 84.5 |  |  | $ | 407.5 |
North America, excluding U.S. | 4.7 |  |  | 17.3 |  |  | 8.9 |  |  | 30.9 |
Europe | 98.5 |  |  | 55.3 |  |  | 46.3 |  |  | 200.1 |
Asia | 53.8 |  |  | 41.5 |  |  | 36.5 |  |  | 131.8 |
Other(1) | 5.0 |  |  | 24.1 |  |  | 9.2 |  |  | 38.3 |
Intersegment elimination | (0.8) |  |  | (0.5) |  |  | (0.1) |  |  | (1.4) |
Net sales | $ | 303.0 |  |  | $ | 318.9 |  |  | $ | 185.3 |  |  | $ | 807.2 |
| Six Months Ended June 30, 2025
| HST |  | FMT |  | FSDP |  | IDEX
U.S. | $ | 321.4 |  |  | $ | 344.5 |  |  | $ | 189.3 |  |  | $ | 855.2 |
North America, excluding U.S. | 9.9 |  |  | 34.4 |  |  | 16.0 |  |  | 60.3 |
Europe | 218.2 |  |  | 100.0 |  |  | 94.9 |  |  | 413.1 |
Asia | 141.2 |  |  | 76.1 |  |  | 60.5 |  |  | 277.8 |
Other(1) | 16.1 |  |  | 46.4 |  |  | 15.1 |  |  | 77.6 |
Intersegment elimination | (2.8) |  |  | (0.7) |  |  | (0.8) |  |  | (4.3) |
Net sales | $ | 704.0 |  |  | $ | 600.7 |  |  | $ | 375.0 |  |  | $ | 1,679.7 |
| Six Months Ended June 30, 2024
| HST |  | FMT |  | FSDP |  | IDEX
U.S. | $ | 280.7 |  |  | $ | 353.8 |  |  | $ | 170.6 |  |  | $ | 805.1 |
North America, excluding U.S. | 10.3 |  |  | 33.6 |  |  | 16.3 |  |  | 60.2 |
Europe | 202.6 |  |  | 114.1 |  |  | 91.3 |  |  | 408.0 |
Asia | 109.5 |  |  | 86.2 |  |  | 67.2 |  |  | 262.9 |
Other(1) | 10.8 |  |  | 45.4 |  |  | 18.0 |  |  | 74.2 |
Intersegment elimination | (1.5) |  |  | (0.7) |  |  | (0.5) |  |  | (2.7) |
Net sales | $ | 612.4 |  |  | $ | 632.4 |  |  | $ | 362.9 |  |  | $ | 1,607.7 |
(1) Other includes: South America, Middle East, Australia and Africa.
Schedule of Contract with Customer, Asset and Liability | The composition of customer receivables was as follows:
| June 30, 2025 |  | December 31, 2024
Billed receivables | $ | 451.5 |  |  | $ | 443.2 |
Unbilled receivables | 17.0 |  |  | 17.8 |
Total customer receivables | $ | 468.5 |  |  | $ | 461.0 |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The composition of deferred revenue was as follows:
| June 30, 2025 |  | December 31, 2024
Deferred revenue – current | $ | 53.0 |  |  | $ | 50.7 |
Deferred revenue – noncurrent | 18.2 |  |  | 13.2 |
Total deferred revenue | $ | 71.2 |  |  | $ | 63.9 |

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