Rob Jamieson

just can we get an update on the M&A pipeline? Anything that you -- areas that you're particularly interested in?

Last quarter, you talked about short cycle bottoming. Just curious how you're thinking about this as we head into next year

what are maybe some of the top 2 or 3 secular themes outside of AI where you think that IDEX is most under indexed today

is this more related to capacity or automation investment? And is that more specific like the HST segment?

can you provide us maybe a little bit of framework of how you're thinking about next year

How are you thinking about prioritization between M&A, organic reinvestment and buybacks in full year '26

where are we on that path today? Like, is this still early innings

Anything to call out in terms of some of the drivers or levers there? And then as we look into '26

just talk a little bit about where you're investing the most heavily, whether that's AI and data center

What are these 2 assets going to bring into the EDA side of your portfolio? And like how does this enhance your offering

when 6G might become a more meaningful revenue contributor? And how are you thinking about balancing continued 5G optimization

Are there any like investments that you're making to further accelerate growth here, just given the margin profile

beyond testing like the high-speed interconnection and network infrastructure -- are there any other kind of test applications

Can you just talk about your previous strategies around your pivots in the APAC region, just whether it's been Huawei, ZTE

what kind of benefit could we see from the funding just in second half of '25

Should we think about that as like a $5 million to $6 million incremental revenue like as we put that into our models

Do you think if we see persistently high like input costs, could this act as like a medium-term driver for consumables refresh demand for IPS customers

DRAM pricing, and I was wondering just with like memory costs going up, do you have any significant exposure there

what end markets and areas would you expect to outperform your base case estimates to get us at or above the high end

what bridges you from the midpoint to achieving the upper end of that target range?

can you talk a little bit about the working capital improvements and sustainability there?

can I get an update on just how you're thinking about free cash flow for the full year. And then just with the increase in CapEx investment that you called out

Just a couple just on Aerospace and Defense margins. Much better in the quarter than I expected. I was just curious on the better expansion outlook

do you see the machine vision business starting to recover and you do not expect that to be negative this year

can you go through some of the demand drivers there? Was that mostly the Ethernet test again that was driving strength?

can you talk a little bit more about the test and measurement business and performance during the quarter and your expectations for second half?

can you walk us through a scenario and what would need to happen across the portfolio for you to hit the high end of the guidance range or maybe even exceed it?

Any puts and takes you can give us just on the end markets that you serve there and how trading developed through the quarter?

how should we think about prioritization between deleveraging and buybacks over the next couple of quarters?

how central are these partnerships and investments to your AI strategy? And then on the near-term ROI side, like where are you seeing the most tangible benefits

Is there anything you can give us in the way of potential expectations from revenue profitability for a full year

I haven't seen really any indication of delays or pushouts, just more of kind of hesitance from your customers