vs
Side-by-side financial comparison of IDEX Corporation (IEX) and Magnera Corp (MAGN). Click either name above to swap in a different company.
IDEX Corporation is the larger business by last-quarter revenue ($899.1M vs $792.0M, roughly 1.1× Magnera Corp). IDEX Corporation runs the higher net margin — 14.3% vs -4.3%, a 18.6% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (376.5% vs 12.8%). IDEX Corporation produced more free cash flow last quarter ($189.8M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 5.5%).
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.
IEX vs MAGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $899.1M | $792.0M |
| Net Profit | $128.3M | $-34.0M |
| Gross Margin | 43.1% | 12.2% |
| Operating Margin | 20.4% | 1.8% |
| Net Margin | 14.3% | -4.3% |
| Revenue YoY | 376.5% | 12.8% |
| Net Profit YoY | 688.5% | 43.3% |
| EPS (diluted) | $1.71 | $-0.95 |
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.
| Q1 26 | $899.1M | — | ||
| Q4 25 | $899.1M | $792.0M | ||
| Q3 25 | $878.7M | — | ||
| Q2 25 | $865.4M | $839.0M | ||
| Q1 25 | $814.3M | $824.0M | ||
| Q4 24 | $862.9M | $702.0M | ||
| Q3 24 | $798.2M | $332.1M | ||
| Q2 24 | $807.2M | $556.0M |
| Q1 26 | $128.3M | — | ||
| Q4 25 | $128.3M | $-34.0M | ||
| Q3 25 | $127.8M | — | ||
| Q2 25 | $131.6M | $-18.0M | ||
| Q1 25 | $95.5M | $-41.0M | ||
| Q4 24 | $123.2M | $-60.0M | ||
| Q3 24 | $119.1M | $-15.2M | ||
| Q2 24 | $141.3M | $19.0M |
| Q1 26 | 43.1% | — | ||
| Q4 25 | 43.1% | 12.2% | ||
| Q3 25 | 44.5% | — | ||
| Q2 25 | 45.3% | 10.7% | ||
| Q1 25 | 45.3% | 10.7% | ||
| Q4 24 | 42.5% | 10.1% | ||
| Q3 24 | 44.3% | 10.7% | ||
| Q2 24 | 45.4% | 6.6% |
| Q1 26 | 20.4% | — | ||
| Q4 25 | 20.4% | 1.8% | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | 21.7% | 1.5% | ||
| Q1 25 | 17.4% | 0.5% | ||
| Q4 24 | 19.2% | -3.1% | ||
| Q3 24 | 21.0% | 0.9% | ||
| Q2 24 | 22.6% | 3.1% |
| Q1 26 | 14.3% | — | ||
| Q4 25 | 14.3% | -4.3% | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 15.2% | -2.1% | ||
| Q1 25 | 11.7% | -5.0% | ||
| Q4 24 | 14.3% | -8.5% | ||
| Q3 24 | 14.9% | -4.6% | ||
| Q2 24 | 17.5% | 3.4% |
| Q1 26 | $1.71 | — | ||
| Q4 25 | $1.71 | $-0.95 | ||
| Q3 25 | $1.70 | — | ||
| Q2 25 | $1.74 | $-0.51 | ||
| Q1 25 | $1.26 | $-1.15 | ||
| Q4 24 | $1.61 | $-1.69 | ||
| Q3 24 | $1.57 | $-0.33 | ||
| Q2 24 | $1.86 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $580.0M | $264.0M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $4.0B | $1.0B |
| Total Assets | $6.9B | $3.9B |
| Debt / EquityLower = less leverage | — | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $580.0M | — | ||
| Q4 25 | $580.0M | $264.0M | ||
| Q3 25 | $593.8M | — | ||
| Q2 25 | $568.2M | $276.0M | ||
| Q1 25 | $594.1M | $282.0M | ||
| Q4 24 | $620.8M | $215.0M | ||
| Q3 24 | $633.2M | $230.0M | ||
| Q2 24 | $700.7M | $33.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | $2.0B | ||
| Q1 25 | $2.0B | $2.0B | ||
| Q4 24 | $2.0B | $2.0B | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $1.3B | $877.4M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $1.0B | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | $1.1B | ||
| Q1 25 | $3.9B | $1.1B | ||
| Q4 24 | $3.8B | $1.1B | ||
| Q3 24 | $3.8B | $2.1B | ||
| Q2 24 | $3.7B | $2.4B |
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.9B | $3.9B | ||
| Q3 25 | $7.0B | — | ||
| Q2 25 | $6.9B | $4.1B | ||
| Q1 25 | $6.8B | $4.1B | ||
| Q4 24 | $6.7B | $4.0B | ||
| Q3 24 | $7.0B | $2.8B | ||
| Q2 24 | $5.9B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 1.86× | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.46× | 1.77× | ||
| Q1 25 | 0.50× | 1.83× | ||
| Q4 24 | 0.52× | 1.80× | ||
| Q3 24 | 0.55× | 0.91× | ||
| Q2 24 | 0.36× | 0.37× |
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 | — | $2.0M |
| Free Cash FlowOCF − Capex | $189.8M | $-13.0M |
| FCF MarginFCF / Revenue | 21.1% | -1.6% |
| Capex IntensityCapex / Revenue | 7.1% | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $715.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $209.5M | $2.0M | ||
| Q3 25 | $203.5M | — | ||
| Q2 25 | $161.7M | $0 | ||
| Q1 25 | $105.7M | $65.0M | ||
| Q4 24 | $172.6M | $-58.0M | ||
| Q3 24 | $205.3M | $12.2M | ||
| Q2 24 | $133.6M | $38.0M |
| Q1 26 | $189.8M | — | ||
| Q4 25 | $189.8M | $-13.0M | ||
| Q3 25 | $188.7M | — | ||
| Q2 25 | $146.9M | — | ||
| Q1 25 | $91.4M | $42.0M | ||
| Q4 24 | $157.1M | $-74.0M | ||
| Q3 24 | $191.6M | $3.6M | ||
| Q2 24 | $117.7M | $23.0M |
| Q1 26 | 21.1% | — | ||
| Q4 25 | 21.1% | -1.6% | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | 17.0% | — | ||
| Q1 25 | 11.2% | 5.1% | ||
| Q4 24 | 18.2% | -10.5% | ||
| Q3 24 | 24.0% | 1.1% | ||
| Q2 24 | 14.6% | 4.1% |
| Q1 26 | 7.1% | — | ||
| Q4 25 | 2.2% | 1.9% | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.7% | 1.5% | ||
| Q1 25 | 1.8% | 2.8% | ||
| Q4 24 | 1.8% | 2.3% | ||
| Q3 24 | 1.7% | 2.6% | ||
| Q2 24 | 2.0% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 0.95× | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IEX
Segment breakdown not available.
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
