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Side-by-side financial comparison of IDEX Corporation (IEX) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $398.4M, roughly 2.3× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 14.4%, a 15.7% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 16.7%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $86.0M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs -29.4%).

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.

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

IEX vs NXT — Head-to-Head

Bigger by revenue
NXT
NXT
2.3× larger
NXT
$909.4M
$398.4M
IEX
Growing faster (revenue YoY)
NXT
NXT
+17.2% gap
NXT
33.9%
16.7%
IEX
Higher net margin
IEX
IEX
15.7% more per $
IEX
30.1%
14.4%
NXT
More free cash flow
NXT
NXT
$32.5M more FCF
NXT
$118.5M
$86.0M
IEX
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
-29.4%
IEX

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
IEX
IEX
NXT
NXT
Revenue
$398.4M
$909.4M
Net Profit
$120.0M
$131.2M
Gross Margin
99.9%
31.7%
Operating Margin
43.3%
19.4%
Net Margin
30.1%
14.4%
Revenue YoY
16.7%
33.9%
Net Profit YoY
25.7%
13.8%
EPS (diluted)
$1.61
$0.85

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
NXT
NXT
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
$909.4M
Q3 25
$878.7M
$905.3M
Q2 25
$865.4M
$864.3M
Q1 25
$814.3M
$924.3M
Q4 24
$862.9M
$679.4M
Q3 24
$798.2M
$635.6M
Net Profit
IEX
IEX
NXT
NXT
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
$131.2M
Q3 25
$127.8M
$146.9M
Q2 25
$131.6M
$157.2M
Q1 25
$95.5M
$156.8M
Q4 24
$123.2M
$115.3M
Q3 24
$119.1M
$115.4M
Gross Margin
IEX
IEX
NXT
NXT
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
31.7%
Q3 25
44.5%
32.4%
Q2 25
45.3%
32.6%
Q1 25
45.3%
33.1%
Q4 24
42.5%
35.5%
Q3 24
44.3%
35.4%
Operating Margin
IEX
IEX
NXT
NXT
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
19.4%
Q3 25
21.1%
20.0%
Q2 25
21.7%
21.5%
Q1 25
17.4%
21.1%
Q4 24
19.2%
22.1%
Q3 24
21.0%
21.0%
Net Margin
IEX
IEX
NXT
NXT
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
14.4%
Q3 25
14.5%
16.2%
Q2 25
15.2%
18.2%
Q1 25
11.7%
17.0%
Q4 24
14.3%
17.0%
Q3 24
14.9%
18.2%
EPS (diluted)
IEX
IEX
NXT
NXT
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$0.85
Q3 25
$1.70
$0.97
Q2 25
$1.74
$1.04
Q1 25
$1.26
$1.05
Q4 24
$1.61
$0.79
Q3 24
$1.57
$0.79

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$586.2M
$952.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.0B
$2.2B
Total Assets
$6.9B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
NXT
NXT
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$952.6M
Q3 25
$593.8M
$845.3M
Q2 25
$568.2M
$743.4M
Q1 25
$594.1M
$766.1M
Q4 24
$620.8M
$693.5M
Q3 24
$633.2M
$561.9M
Total Debt
IEX
IEX
NXT
NXT
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
IEX
IEX
NXT
NXT
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$2.2B
Q3 25
$4.0B
$2.0B
Q2 25
$4.0B
$1.8B
Q1 25
$3.9B
$1.6B
Q4 24
$3.8B
$1.4B
Q3 24
$3.8B
$1.3B
Total Assets
IEX
IEX
NXT
NXT
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$3.8B
Q3 25
$7.0B
$3.7B
Q2 25
$6.9B
$3.4B
Q1 25
$6.8B
$3.2B
Q4 24
$6.7B
$3.0B
Q3 24
$7.0B
$2.8B
Debt / Equity
IEX
IEX
NXT
NXT
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
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
IEX
IEX
NXT
NXT
Operating Cash FlowLast quarter
$123.3M
Free Cash FlowOCF − Capex
$86.0M
$118.5M
FCF MarginFCF / Revenue
21.6%
13.0%
Capex IntensityCapex / Revenue
4.4%
0.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$654.3M
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
NXT
NXT
Q2 26
Q1 26
Q4 25
$209.5M
$123.3M
Q3 25
$203.5M
$186.9M
Q2 25
$161.7M
$81.3M
Q1 25
$105.7M
$237.3M
Q4 24
$172.6M
$143.8M
Q3 24
$205.3M
$153.8M
Free Cash Flow
IEX
IEX
NXT
NXT
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
$118.5M
Q3 25
$188.7M
$171.4M
Q2 25
$146.9M
$70.1M
Q1 25
$91.4M
$227.2M
Q4 24
$157.1M
$134.9M
Q3 24
$191.6M
$141.8M
FCF Margin
IEX
IEX
NXT
NXT
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
13.0%
Q3 25
21.5%
18.9%
Q2 25
17.0%
8.1%
Q1 25
11.2%
24.6%
Q4 24
18.2%
19.9%
Q3 24
24.0%
22.3%
Capex Intensity
IEX
IEX
NXT
NXT
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
0.5%
Q3 25
1.7%
1.7%
Q2 25
1.7%
1.3%
Q1 25
1.8%
1.1%
Q4 24
1.8%
1.3%
Q3 24
1.7%
1.9%
Cash Conversion
IEX
IEX
NXT
NXT
Q2 26
Q1 26
Q4 25
1.63×
0.94×
Q3 25
1.59×
1.27×
Q2 25
1.23×
0.52×
Q1 25
1.11×
1.51×
Q4 24
1.40×
1.25×
Q3 24
1.72×
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IEX
IEX

Segment breakdown not available.

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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