IEX · 10-Q · 2026Q3 · Full report

Operating Cash Flow and Capex

IDEX CORP /DE/ · 2026-10-28 · Importance 48 · Surprise 40 · From source text

Operating cash flow increased $72.3 million to $543.2 million in the first nine months of 2026 from $470.9 million, reflecting improved operating results and cash received from IEEPA tariff refunds, partly offset by higher cash tax payments. Capital expenditures were $65.9 million, up from $43.9 million, and free cash flow increased to $477.3 million from $427.0 million. Investing cash outflow was $67.7 million, $52.3 million lower than the prior-year period, primarily because the 2025 period included the $80.7 million Micro-LAM acquisition; the decrease was partly offset by a $22.0 million increase in capital expenditures.

Key facts

• Capital expenditures were $65.9 million in the first nine months of 2026 and $43.9 million in the first nine months of 2025. source
• Cash provided by operating activities was $543.2 million for the nine months ended September 30, 2026, up $72.3 million from the prior-year period. source
• Free cash flow was $477.3 million for the nine months ended September 30, 2026, compared with $427.0 million in 2025; operating cash flows were $543.2 million and capital expenditures were $65.9 million in 2026. source
• Cash used in investing activities decreased $52.3 million in the nine months ended September 30, 2026, primarily because the prior-year period included the $80.7 million Micro-LAM purchase, partially offset by $22.0 million of increased capital expenditures and the absence of $4.2 million of prior-year Mott purchase-price funds. source
• Improved operational results and cash received for IEEPA tariff refunds increased operating cash flow in the nine months ended September 30, 2026, partially offset by higher cash tax payments. source

Impact estimates