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Side-by-side financial comparison of IDEX Corporation (IEX) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($886.9M vs $750.6M, roughly 1.2× Envista Holdings Corp). IDEX Corporation runs the higher net margin — 13.5% vs 4.4%, a 9.1% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 8.9%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $86.0M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% CAGR vs 5.4%).

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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

IEX vs NVST — Head-to-Head

Bigger by revenue
IEX
IEX
1.2× larger
IEX
$886.9M
$750.6M
NVST
Growing faster (revenue YoY)
NVST
NVST
+6.0% gap
NVST
15.0%
8.9%
IEX
Higher net margin
IEX
IEX
9.1% more per $
IEX
13.5%
4.4%
NVST
More free cash flow
NVST
NVST
$5.7M more FCF
NVST
$91.7M
$86.0M
IEX
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
5.4%
IEX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
IEX
IEX
NVST
NVST
Revenue
$886.9M
$750.6M
Net Profit
$120.0M
$32.9M
Gross Margin
44.9%
54.7%
Operating Margin
19.4%
9.8%
Net Margin
13.5%
4.4%
Revenue YoY
8.9%
15.0%
Net Profit YoY
25.7%
2641.7%
EPS (diluted)
$1.61
$0.20

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
IEX
IEX
NVST
NVST
Q2 26
$886.9M
Q1 26
$899.1M
Q4 25
$899.1M
$750.6M
Q3 25
$878.7M
$669.9M
Q2 25
$865.4M
$682.1M
Q1 25
$814.3M
$616.9M
Q4 24
$862.9M
$652.9M
Q3 24
$798.2M
$601.0M
Net Profit
IEX
IEX
NVST
NVST
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
$32.9M
Q3 25
$127.8M
$-30.3M
Q2 25
$131.6M
$26.4M
Q1 25
$95.5M
$18.0M
Q4 24
$123.2M
$1.2M
Q3 24
$119.1M
$8.2M
Gross Margin
IEX
IEX
NVST
NVST
Q2 26
44.9%
Q1 26
43.1%
Q4 25
43.1%
54.7%
Q3 25
44.5%
55.3%
Q2 25
45.3%
54.2%
Q1 25
45.3%
54.5%
Q4 24
42.5%
57.1%
Q3 24
44.3%
52.8%
Operating Margin
IEX
IEX
NVST
NVST
Q2 26
19.4%
Q1 26
20.4%
Q4 25
20.4%
9.8%
Q3 25
21.1%
8.6%
Q2 25
21.7%
6.8%
Q1 25
17.4%
6.3%
Q4 24
19.2%
7.1%
Q3 24
21.0%
3.5%
Net Margin
IEX
IEX
NVST
NVST
Q2 26
13.5%
Q1 26
14.3%
Q4 25
14.3%
4.4%
Q3 25
14.5%
-4.5%
Q2 25
15.2%
3.9%
Q1 25
11.7%
2.9%
Q4 24
14.3%
0.2%
Q3 24
14.9%
1.4%
EPS (diluted)
IEX
IEX
NVST
NVST
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$0.20
Q3 25
$1.70
$-0.18
Q2 25
$1.74
$0.16
Q1 25
$1.26
$0.10
Q4 24
$1.61
$0.00
Q3 24
$1.57
$0.05

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$586.2M
$1.2B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$4.0B
$3.1B
Total Assets
$6.9B
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
NVST
NVST
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$1.2B
Q3 25
$593.8M
$1.1B
Q2 25
$568.2M
$1.1B
Q1 25
$594.1M
$1.1B
Q4 24
$620.8M
$1.1B
Q3 24
$633.2M
$991.3M
Total Debt
IEX
IEX
NVST
NVST
Q2 26
Q1 26
Q4 25
$1.8B
$1.4B
Q3 25
$1.9B
$1.4B
Q2 25
$1.9B
$1.4B
Q1 25
$2.0B
$1.4B
Q4 24
$2.0B
$1.4B
Q3 24
$2.1B
$1.4B
Stockholders' Equity
IEX
IEX
NVST
NVST
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$3.1B
Q3 25
$4.0B
$3.1B
Q2 25
$4.0B
$3.1B
Q1 25
$3.9B
$3.0B
Q4 24
$3.8B
$2.9B
Q3 24
$3.8B
$3.1B
Total Assets
IEX
IEX
NVST
NVST
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$5.7B
Q3 25
$7.0B
$5.6B
Q2 25
$6.9B
$5.7B
Q1 25
$6.8B
$5.5B
Q4 24
$6.7B
$5.4B
Q3 24
$7.0B
$5.5B
Debt / Equity
IEX
IEX
NVST
NVST
Q2 26
Q1 26
Q4 25
0.45×
0.47×
Q3 25
0.48×
0.47×
Q2 25
0.46×
0.46×
Q1 25
0.50×
0.47×
Q4 24
0.52×
0.48×
Q3 24
0.55×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IEX
IEX
NVST
NVST
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$86.0M
$91.7M
FCF MarginFCF / Revenue
9.7%
12.2%
Capex IntensityCapex / Revenue
2.0%
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$654.3M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
NVST
NVST
Q2 26
Q1 26
Q4 25
$209.5M
$108.0M
Q3 25
$203.5M
$78.7M
Q2 25
$161.7M
$88.7M
Q1 25
$105.7M
$300.0K
Q4 24
$172.6M
$132.4M
Q3 24
$205.3M
$70.7M
Free Cash Flow
IEX
IEX
NVST
NVST
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
$91.7M
Q3 25
$188.7M
$67.9M
Q2 25
$146.9M
$76.4M
Q1 25
$91.4M
$-5.6M
Q4 24
$157.1M
$123.8M
Q3 24
$191.6M
$63.3M
FCF Margin
IEX
IEX
NVST
NVST
Q2 26
9.7%
Q1 26
21.1%
Q4 25
21.1%
12.2%
Q3 25
21.5%
10.1%
Q2 25
17.0%
11.2%
Q1 25
11.2%
-0.9%
Q4 24
18.2%
19.0%
Q3 24
24.0%
10.5%
Capex Intensity
IEX
IEX
NVST
NVST
Q2 26
2.0%
Q1 26
7.1%
Q4 25
2.2%
2.2%
Q3 25
1.7%
1.6%
Q2 25
1.7%
1.8%
Q1 25
1.8%
1.0%
Q4 24
1.8%
1.3%
Q3 24
1.7%
1.2%
Cash Conversion
IEX
IEX
NVST
NVST
Q2 26
Q1 26
Q4 25
1.63×
3.28×
Q3 25
1.59×
Q2 25
1.23×
3.36×
Q1 25
1.11×
0.02×
Q4 24
1.40×
110.33×
Q3 24
1.72×
8.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IEX
IEX

Segment breakdown not available.

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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