February 2026 - IDEX Corporation

IDEX India Partners with Dispensing Asia to Deliver a Digital Tool for Field Service Support

Company News
February 5, 2026

With over 85,000 of our paint tinting dispensers in the field and nearly 450 third-party field service engineers on the ground, managing aftermarket operations has posed a significant challenge for the Fast and Fluid Management (FFM) team in India.

India’s Digital team recently partnered with FFM-Asia Dispensing to develop digital tool to efficiently manage growing field service business demands.  

Through their United Expertise, both teams designed a seamless, data-driven workflow that connects multiple stakeholders—customers, service partners, and over 450 on-contract field service engineers. This collaboration led to the creation of the Service Relationship Manager (SRM) tool, a digital platform that automates and streamlines aftermarket support.

Key Features of SRM:

  • Automated Ticket Assignment: Service tickets are auto-assigned in seconds based on engineer location, reducing manual effort from 5–6 hours to mere moments.
  • Real-Time Dashboards: Instant visibility into service performance and service level agreement (SLA) compliance.
  • Integrated Reporting: Automatic generation of service reports and KPI tracking for customer satisfaction.
  • Partner & Team Management: Monitor third-party service partners, track digital attendance, and measure team performance.
  • Data-Driven Decisions: Secure data insights enable smarter business strategies. 

The Impact

  • Delivered an intuitive user experience with digital ticket access and real-time Key Performance Indicator (KPI) reporting.
  • Reduced ticket assignment time from hours to seconds through automation.
  • Enabled real-time monitoring of service partners and field engineers.
  • Empowered business decisions with secure, data-driven insights.

What started as a challenge – managing aftermarket support for 85,000 dispensers and hundreds of engineers – became an opportunity to collaborate with extended colleagues. Together, the Dispensing Service team and India’s Digital team created Service Relationship Manager (SRM), a solution that redefines how they deliver service: faster, smarter, and always customer-first.

IDEX REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

News Release
February 4, 2026

Fourth Quarter Highlights
(All comparisons are against the fourth quarter of 2024 unless otherwise noted)

  • Record sales of $899 million increased 4% on a reported basis and 1% organically
  • Reported diluted EPS of $1.71 increased 6% and adjusted diluted EPS of $2.10 increased 3%
  • Record orders of $979 million increased 20% on a reported basis and 16% organically, driven mostly
    by strength in HST
  • Utilized $73 million for share repurchases

Full Year Highlights
(All comparisons are against full year 2024 unless otherwise noted)

  • Record sales of $3.5 billion increased 6% on a reported basis and 1% organically
  • Reported diluted EPS of $6.41 decreased 3% and adjusted diluted EPS of $7.95 increased 1%
  • Operating cash flow of $680 million increased 2% and was 141% of net income, up from 132%
  • Free cash flow of $617 million increased 2% and yielded conversion of 103%, up from 101%
  • Utilized $248 million for share repurchases

NORTHBROOK, IL, FEBRUARY 4, 2026 – IDEX Corporation (NYSE: IEX) today announced its
financial results for the quarter and year ended December 31, 2025.


“Our teams around the world executed well to close out 2025, and I was encouraged to see our platform growth strategies deliver visible results,” said Eric D. Ashleman, IDEX Corporation Chief Executive Officer and President.

“Order growth in our HST segment built momentum in the fourth quarter from increasing demand for AI-related projects, including data center power solutions and semiconductor applications. Businesses in our FMT and FSDP segments are aggressively managing all the factors in their control in a challenging demand environment.

We remain committed to executing our strategy of building focused growth platforms that leverage
differentiated capabilities to solve our customers’ most complex problems. We focus investment choices and resource allocation across every aspect of our business using an 8020 mindset to drive platform growth and margin expansion.

I am extremely proud of how our teams are executing across our portfolio of market-leading businesses and am confident that we are set up to deliver strong performance across the cycle.”

2026 Outlook

  • Full year organic sales projected to increase 1% to 2% over the prior year
  • Full year adjusted diluted EPS of $8.15 to $8.35
  • First quarter 2026 organic sales projected to increase approximately 1% from the prior year period
  • First quarter 2026 adjusted diluted EPS of $1.73 to $1.78

Read more here: https://investors.idexcorp.com/news/news-details/2026/IDEX-Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx

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