IDEX (IEX) Revenue — Quarter Ended Dec 31, 2024
Revenue for the reporting quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was notably stronger than the modest uptick seen in the prior quarter, while the year-over-year gain continued a positive trend.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the reporting quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was notably stronger than the modest uptick seen in the prior quarter, while the year-over-year gain continued a positive trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$862.9M
Revenue reported for this quarter.
Quarter-over-quarter
+8.1%
Change from the immediately preceding quarter.
Year-over-year
+9.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $800.5M | -5.3% |
| Jun 30, 2024 | $807.2M | -4.6% |
| Sep 30, 2024 | $798.2M | +0.6% |
| Dec 31, 2024 | $862.9M | +9.4% |
Revenue performance
The reported revenue rose during the quarter, marking a solid improvement from the prior period.
Quarterly comparison
Compared to the preceding quarter, revenue grew at a healthy pace, and the year-over-year comparison also showed a clear increase.
What to watch
The trajectory of quarterly revenue after a period of mixed sequential changes warrants attention.