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Side-by-side financial comparison of HELIOS TECHNOLOGIES, INC. (HLIO) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $220.3M, roughly 1.8× HELIOS TECHNOLOGIES, INC.). IDEX Corporation runs the higher net margin — 30.1% vs 4.7%, a 25.4% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 13.3%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $18.6M). Over the past eight quarters, HELIOS TECHNOLOGIES, INC.'s revenue compounded faster (4.6% CAGR vs -29.4%).

Helios and Matheson Analytics Inc. was a publicly traded data analytics company based in New York City, New York. The company became widely known during its final years for acquiring and subsequently operating MoviePass, which ultimately led to the company's bankruptcy.

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.

HLIO vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.8× larger
IEX
$398.4M
$220.3M
HLIO
Growing faster (revenue YoY)
IEX
IEX
+3.4% gap
IEX
16.7%
13.3%
HLIO
Higher net margin
IEX
IEX
25.4% more per $
IEX
30.1%
4.7%
HLIO
More free cash flow
IEX
IEX
$67.4M more FCF
IEX
$86.0M
$18.6M
HLIO
Faster 2-yr revenue CAGR
HLIO
HLIO
Annualised
HLIO
4.6%
-29.4%
IEX

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
HLIO
HLIO
IEX
IEX
Revenue
$220.3M
$398.4M
Net Profit
$10.3M
$120.0M
Gross Margin
33.1%
99.9%
Operating Margin
0.6%
43.3%
Net Margin
4.7%
30.1%
Revenue YoY
13.3%
16.7%
Net Profit YoY
-9.6%
25.7%
EPS (diluted)
$0.31
$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.

Revenue
HLIO
HLIO
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
Q3 25
$220.3M
$878.7M
Q2 25
$212.5M
$865.4M
Q1 25
$195.5M
$814.3M
Q4 24
$179.5M
$862.9M
Q3 24
$194.5M
$798.2M
Net Profit
HLIO
HLIO
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$10.3M
$127.8M
Q2 25
$11.4M
$131.6M
Q1 25
$7.3M
$95.5M
Q4 24
$4.8M
$123.2M
Q3 24
$11.4M
$119.1M
Gross Margin
HLIO
HLIO
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
33.1%
44.5%
Q2 25
31.8%
45.3%
Q1 25
30.6%
45.3%
Q4 24
30.1%
42.5%
Q3 24
31.1%
44.3%
Operating Margin
HLIO
HLIO
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
Q3 25
0.6%
21.1%
Q2 25
10.3%
21.7%
Q1 25
8.7%
17.4%
Q4 24
7.4%
19.2%
Q3 24
11.4%
21.0%
Net Margin
HLIO
HLIO
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
Q3 25
4.7%
14.5%
Q2 25
5.4%
15.2%
Q1 25
3.7%
11.7%
Q4 24
2.7%
14.3%
Q3 24
5.9%
14.9%
EPS (diluted)
HLIO
HLIO
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
Q3 25
$0.31
$1.70
Q2 25
$0.34
$1.74
Q1 25
$0.22
$1.26
Q4 24
$0.14
$1.61
Q3 24
$0.34
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HLIO
HLIO
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$54.9M
$586.2M
Total DebtLower is stronger
$420.0M
Stockholders' EquityBook value
$917.9M
$4.0B
Total Assets
$1.6B
$6.9B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLIO
HLIO
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
Q3 25
$54.9M
$593.8M
Q2 25
$53.0M
$568.2M
Q1 25
$45.9M
$594.1M
Q4 24
$44.1M
$620.8M
Q3 24
$46.7M
$633.2M
Total Debt
HLIO
HLIO
IEX
IEX
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$420.0M
$1.9B
Q2 25
$437.2M
$1.9B
Q1 25
$446.7M
$2.0B
Q4 24
$450.6M
$2.0B
Q3 24
$484.7M
$2.1B
Stockholders' Equity
HLIO
HLIO
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
Q3 25
$917.9M
$4.0B
Q2 25
$911.7M
$4.0B
Q1 25
$881.2M
$3.9B
Q4 24
$864.4M
$3.8B
Q3 24
$885.5M
$3.8B
Total Assets
HLIO
HLIO
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
Q3 25
$1.6B
$7.0B
Q2 25
$1.6B
$6.9B
Q1 25
$1.5B
$6.8B
Q4 24
$1.5B
$6.7B
Q3 24
$1.6B
$7.0B
Debt / Equity
HLIO
HLIO
IEX
IEX
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.46×
0.48×
Q2 25
0.48×
0.46×
Q1 25
0.51×
0.50×
Q4 24
0.52×
0.52×
Q3 24
0.55×
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
HLIO
HLIO
IEX
IEX
Operating Cash FlowLast quarter
$25.3M
Free Cash FlowOCF − Capex
$18.6M
$86.0M
FCF MarginFCF / Revenue
8.4%
21.6%
Capex IntensityCapex / Revenue
3.0%
4.4%
Cash ConversionOCF / Net Profit
2.46×
TTM Free Cash FlowTrailing 4 quarters
$91.3M
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLIO
HLIO
IEX
IEX
Q2 26
Q1 26
Q4 25
$209.5M
Q3 25
$25.3M
$203.5M
Q2 25
$37.0M
$161.7M
Q1 25
$19.0M
$105.7M
Q4 24
$35.7M
$172.6M
Q3 24
$34.8M
$205.3M
Free Cash Flow
HLIO
HLIO
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$18.6M
$188.7M
Q2 25
$31.6M
$146.9M
Q1 25
$12.9M
$91.4M
Q4 24
$28.2M
$157.1M
Q3 24
$28.8M
$191.6M
FCF Margin
HLIO
HLIO
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
8.4%
21.5%
Q2 25
14.9%
17.0%
Q1 25
6.6%
11.2%
Q4 24
15.7%
18.2%
Q3 24
14.8%
24.0%
Capex Intensity
HLIO
HLIO
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
Q3 25
3.0%
1.7%
Q2 25
2.5%
1.7%
Q1 25
3.1%
1.8%
Q4 24
4.2%
1.8%
Q3 24
3.1%
1.7%
Cash Conversion
HLIO
HLIO
IEX
IEX
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
2.46×
1.59×
Q2 25
3.25×
1.23×
Q1 25
2.60×
1.11×
Q4 24
7.44×
1.40×
Q3 24
3.05×
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HLIO
HLIO

Hydraulics$141.3M64%
Electronics$79.0M36%

IEX
IEX

Segment breakdown not available.

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