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Side-by-side financial comparison of IDEX Corporation (IEX) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $207.0M, roughly 1.9× ONE Group Hospitality, Inc.). IDEX Corporation runs the higher net margin — 30.1% vs -3.1%, a 33.2% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs -6.7%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% 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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
IEX vs STKS — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $398.4M | $207.0M |
| Net Profit | $120.0M | $-6.4M |
| Gross Margin | 99.9% | — |
| Operating Margin | 43.3% | 2.2% |
| Net Margin | 30.1% | -3.1% |
| Revenue YoY | 16.7% | -6.7% |
| Net Profit YoY | 25.7% | -531.8% |
| EPS (diluted) | $1.61 | $-0.50 |
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 | $407.7M | — | ||
| Q4 25 | $899.1M | $207.0M | ||
| Q3 25 | $878.7M | $180.2M | ||
| Q2 25 | $865.4M | $207.4M | ||
| Q1 25 | $814.3M | $211.1M | ||
| Q4 24 | $862.9M | $221.9M | ||
| Q3 24 | $798.2M | $194.0M |
| Q2 26 | $120.0M | — | ||
| Q1 26 | $128.3M | — | ||
| Q4 25 | $128.3M | $-6.4M | ||
| Q3 25 | $127.8M | $-76.7M | ||
| Q2 25 | $131.6M | $-10.1M | ||
| Q1 25 | $95.5M | $975.0K | ||
| Q4 24 | $123.2M | $1.5M | ||
| Q3 24 | $119.1M | $-9.3M |
| 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 | 45.0% | — | ||
| Q4 25 | 20.4% | 2.2% | ||
| Q3 25 | 21.1% | -4.4% | ||
| Q2 25 | 21.7% | 0.3% | ||
| Q1 25 | 17.4% | 5.1% | ||
| Q4 24 | 19.2% | 5.5% | ||
| Q3 24 | 21.0% | -1.9% |
| Q2 26 | 30.1% | — | ||
| Q1 26 | 31.5% | — | ||
| Q4 25 | 14.3% | -3.1% | ||
| Q3 25 | 14.5% | -42.6% | ||
| Q2 25 | 15.2% | -4.9% | ||
| Q1 25 | 11.7% | 0.5% | ||
| Q4 24 | 14.3% | 0.7% | ||
| Q3 24 | 14.9% | -4.8% |
| Q2 26 | $1.61 | — | ||
| Q1 26 | $1.71 | — | ||
| Q4 25 | $1.71 | $-0.50 | ||
| Q3 25 | $1.70 | $-2.75 | ||
| Q2 25 | $1.74 | $-0.59 | ||
| Q1 25 | $1.26 | $-0.21 | ||
| Q4 24 | $1.61 | $-0.18 | ||
| Q3 24 | $1.57 | $-0.53 |
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 | $4.2M |
| Total DebtLower is stronger | — | $354.2M |
| Stockholders' EquityBook value | $4.0B | $-75.8M |
| Total Assets | $6.9B | $884.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $586.2M | — | ||
| Q1 26 | $580.0M | — | ||
| Q4 25 | $580.0M | $4.2M | ||
| Q3 25 | $593.8M | $5.5M | ||
| Q2 25 | $568.2M | $4.7M | ||
| Q1 25 | $594.1M | $21.4M | ||
| Q4 24 | $620.8M | $27.6M | ||
| Q3 24 | $633.2M | $28.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $354.2M | ||
| Q3 25 | $1.9B | $355.0M | ||
| Q2 25 | $1.9B | $347.4M | ||
| Q1 25 | $2.0B | $348.3M | ||
| Q4 24 | $2.0B | $348.3M | ||
| Q3 24 | $2.1B | $349.1M |
| Q2 26 | $4.0B | — | ||
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $-75.8M | ||
| Q3 25 | $4.0B | $-61.5M | ||
| Q2 25 | $4.0B | $23.0M | ||
| Q1 25 | $3.9B | $40.5M | ||
| Q4 24 | $3.8B | $45.9M | ||
| Q3 24 | $3.8B | $51.4M |
| Q2 26 | $6.9B | — | ||
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.9B | $884.2M | ||
| Q3 25 | $7.0B | $879.5M | ||
| Q2 25 | $6.9B | $935.7M | ||
| Q1 25 | $6.8B | $956.0M | ||
| Q4 24 | $6.7B | $960.1M | ||
| Q3 24 | $7.0B | $953.5M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.46× | 15.07× | ||
| Q1 25 | 0.50× | 8.61× | ||
| Q4 24 | 0.52× | 7.59× | ||
| Q3 24 | 0.55× | 6.79× |
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 | — | $13.1M |
| Free Cash FlowOCF − Capex | $86.0M | $-329.0K |
| FCF MarginFCF / Revenue | 21.6% | -0.2% |
| Capex IntensityCapex / Revenue | 4.4% | 6.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $654.3M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $209.5M | $13.1M | ||
| Q3 25 | $203.5M | $5.9M | ||
| Q2 25 | $161.7M | $2.8M | ||
| Q1 25 | $105.7M | $8.5M | ||
| Q4 24 | $172.6M | $18.5M | ||
| Q3 24 | $205.3M | $19.1M |
| Q2 26 | $86.0M | — | ||
| Q1 26 | $189.8M | — | ||
| Q4 25 | $189.8M | $-329.0K | ||
| Q3 25 | $188.7M | $-6.1M | ||
| Q2 25 | $146.9M | $-15.0M | ||
| Q1 25 | $91.4M | $-5.8M | ||
| Q4 24 | $157.1M | $733.0K | ||
| Q3 24 | $191.6M | $287.0K |
| Q2 26 | 21.6% | — | ||
| Q1 26 | 46.6% | — | ||
| Q4 25 | 21.1% | -0.2% | ||
| Q3 25 | 21.5% | -3.4% | ||
| Q2 25 | 17.0% | -7.2% | ||
| Q1 25 | 11.2% | -2.7% | ||
| Q4 24 | 18.2% | 0.3% | ||
| Q3 24 | 24.0% | 0.1% |
| Q2 26 | 4.4% | — | ||
| Q1 26 | 15.6% | — | ||
| Q4 25 | 2.2% | 6.5% | ||
| Q3 25 | 1.7% | 6.7% | ||
| Q2 25 | 1.7% | 8.6% | ||
| Q1 25 | 1.8% | 6.8% | ||
| Q4 24 | 1.8% | 8.0% | ||
| Q3 24 | 1.7% | 9.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.11× | 8.76× | ||
| Q4 24 | 1.40× | 12.54× | ||
| Q3 24 | 1.72× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IEX
Segment breakdown not available.
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
