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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and IDEX Corporation (IEX). Click either name above to swap in a different company.
BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $398.4M, roughly 2.5× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 10.5%, a 19.7% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (8.9% vs 0.6%). Over the past eight quarters, BOYD GAMING CORP's revenue compounded faster (1.5% CAGR vs -29.4%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
BYD vs IEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $398.4M |
| Net Profit | $104.3M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | 16.4% | 43.3% |
| Net Margin | 10.5% | 30.1% |
| Revenue YoY | 0.6% | 8.9% |
| Net Profit YoY | -5.9% | 25.7% |
| EPS (diluted) | $1.37 | $1.61 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | — | $398.4M | ||
| Q1 26 | $997.4M | $407.7M | ||
| Q4 25 | $1.1B | $899.1M | ||
| Q3 25 | $1.0B | $878.7M | ||
| Q2 25 | $1.0B | $865.4M | ||
| Q1 25 | $991.6M | $814.3M | ||
| Q4 24 | $1.0B | $862.9M | ||
| Q3 24 | $961.2M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | $104.3M | $128.3M | ||
| Q4 25 | $140.4M | $128.3M | ||
| Q3 25 | $1.4B | $127.8M | ||
| Q2 25 | $151.5M | $131.6M | ||
| Q1 25 | $111.4M | $95.5M | ||
| Q4 24 | $170.5M | $123.2M | ||
| Q3 24 | $131.1M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | 16.4% | 45.0% | ||
| Q4 25 | 15.7% | 20.4% | ||
| Q3 25 | 13.9% | 21.1% | ||
| Q2 25 | 23.4% | 21.7% | ||
| Q1 25 | 20.2% | 17.4% | ||
| Q4 24 | 25.1% | 19.2% | ||
| Q3 24 | 22.9% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | 10.5% | 31.5% | ||
| Q4 25 | 13.2% | 14.3% | ||
| Q3 25 | 143.4% | 14.5% | ||
| Q2 25 | 14.6% | 15.2% | ||
| Q1 25 | 11.2% | 11.7% | ||
| Q4 24 | 16.4% | 14.3% | ||
| Q3 24 | 13.6% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | $1.37 | $1.71 | ||
| Q4 25 | $1.60 | $1.71 | ||
| Q3 25 | $17.81 | $1.70 | ||
| Q2 25 | $1.84 | $1.74 | ||
| Q1 25 | $1.31 | $1.26 | ||
| Q4 24 | $1.89 | $1.61 | ||
| Q3 24 | $1.43 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $586.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $4.0B |
| Total Assets | — | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | $353.4M | $580.0M | ||
| Q3 25 | $319.1M | $593.8M | ||
| Q2 25 | $320.1M | $568.2M | ||
| Q1 25 | $311.5M | $594.1M | ||
| Q4 24 | $316.7M | $620.8M | ||
| Q3 24 | $286.3M | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $3.6B | $1.9B | ||
| Q1 25 | $3.5B | $2.0B | ||
| Q4 24 | $3.2B | $2.0B | ||
| Q3 24 | $3.1B | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $2.6B | $4.0B | ||
| Q3 25 | $2.7B | $4.0B | ||
| Q2 25 | $1.4B | $4.0B | ||
| Q1 25 | $1.3B | $3.9B | ||
| Q4 24 | $1.6B | $3.8B | ||
| Q3 24 | $1.6B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $6.6B | $6.9B | ||
| Q3 25 | $6.5B | $7.0B | ||
| Q2 25 | $6.6B | $6.9B | ||
| Q1 25 | $6.5B | $6.8B | ||
| Q4 24 | $6.4B | $6.7B | ||
| Q3 24 | $6.3B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | 2.56× | 0.46× | ||
| Q1 25 | 2.61× | 0.50× | ||
| Q4 24 | 2.01× | 0.52× | ||
| Q3 24 | 1.88× | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | — | $86.0M |
| FCF MarginFCF / Revenue | — | 21.6% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $209.5M | ||
| Q3 25 | $240.0M | $203.5M | ||
| Q2 25 | $205.0M | $161.7M | ||
| Q1 25 | $256.4M | $105.7M | ||
| Q4 24 | $262.1M | $172.6M | ||
| Q3 24 | $231.2M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $127.0M | $189.8M | ||
| Q3 25 | $94.4M | $188.7M | ||
| Q2 25 | $80.6M | $146.9M | ||
| Q1 25 | $86.5M | $91.4M | ||
| Q4 24 | $150.9M | $157.1M | ||
| Q3 24 | $146.0M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 12.0% | 21.1% | ||
| Q3 25 | 9.4% | 21.5% | ||
| Q2 25 | 7.8% | 17.0% | ||
| Q1 25 | 8.7% | 11.2% | ||
| Q4 24 | 14.5% | 18.2% | ||
| Q3 24 | 15.2% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 14.0% | 2.2% | ||
| Q3 25 | 14.5% | 1.7% | ||
| Q2 25 | 12.0% | 1.7% | ||
| Q1 25 | 17.1% | 1.8% | ||
| Q4 24 | 10.7% | 1.8% | ||
| Q3 24 | 8.9% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 1.63× | ||
| Q3 25 | 0.17× | 1.59× | ||
| Q2 25 | 1.35× | 1.23× | ||
| Q1 25 | 2.30× | 1.11× | ||
| Q4 24 | 1.54× | 1.40× | ||
| Q3 24 | 1.76× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
IEX
Segment breakdown not available.
