Innovex International, Inc. (INVX) Financial Statements
Industry: Oil & Gas Field Machinery & Equipment
In fiscal 2025, Innovex International reported revenue of $978.3M, up 48.0% from $660.8M the year before. Net income was $83.3M (a 8.5% net margin), or $1.20 per diluted share. Gross margin was 31.0% and operating margin was 13.6%. Operating activities generated $190.9M of cash. At fiscal year end, Innovex International held $1.27B in total assets against $210.6M in total liabilities.
Open the full interactive Innovex International financials → Quarterly statements, key ratios, valuation history and price charts.
Innovex International Key Stats
| Share Price | $28.70 |
|---|---|
| Market Cap | $2.00B |
| P/E Ratio | 23.9 |
| Revenue YoY Growth | +48.0% |
| 52-Week Range | $17.55 – $31.63 |
| Shares Outstanding | 68.8 million (basic, 2026 Q2) |
Innovex International Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $365.0M | $322.9M | $362.1M | $424.1M | $660.8M | $978.3M |
| Cost of Goods Sold | $428.5M | $447.8M | $359.5M | $418.8M | — | — |
| Gross Profit | $95.3M | $80.6M | $96.1M | $115.6M | $232.6M | $303.3M |
| Operating Income | -$63.6M | -$124.8M | $2.5M | $5.3M | $49.1M | $132.6M |
| Pre-Tax Income | -$62.0M | -$125.0M | $6.8M | $13.5M | $142.8M | $128.5M |
| Income Tax | -$31.3M | $2.9M | $6.3M | $12.9M | $2.5M | $45.2M |
| Net Income | -$30.8M | -$128.0M | $443,000 | $604,000 | $140.3M | $83.3M |
| Diluted EPS | -$0.87 | -$3.62 | $0.01 | $0.02 | $2.77 | $1.20 |
Innovex International Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $240.0M | $273.6M | $239.0M | $244.9M |
| Net Income | $39.2M | $14.0M | -$16.7M | $25.0M |
| Diluted EPS | $0.57 | $0.20 | -$0.24 | $0.36 |
Innovex International Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $346.0M | $355.5M | $264.8M | $187.3M | — | — |
| Current Assets | $863.2M | $745.5M | $752.6M | $719.7M | $641.4M | $728.0M |
| Total Assets | $1.15B | $1.01B | $972.5M | $1.03B | $1.20B | $1.27B |
| Current Liabilities | $85.5M | $93.7M | $87.6M | $117.7M | $162.7M | $148.2M |
| Total Long-Term Debt | — | — | — | — | $35.8M | $25.6M |
| Total Liabilities | $109.6M | $113.3M | $97.6M | $146.9M | $239.3M | $210.6M |
| Shareholders' Equity | $1.04B | $897.1M | $874.9M | $881.3M | $958.2M | $1.06B |
Innovex International Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$21.1M | $38.4M | -$36.8M | $7.7M | $93.4M | $190.9M |
| Cash From Investing | -$5.6M | -$3.2M | -$30.1M | -$79.8M | $78.4M | -$18.7M |
| Cash From Financing | -$25.2M | -$24.3M | -$20.9M | -$124,000 | -$103.1M | -$44.9M |
| Free Cash Flow | -$33.0M | $28.4M | -$55.6M | -$24.9M | — | — |
| Dividends Paid | — | — | — | — | $75.0M | $0 |
Figures from Innovex International's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Innovex International financials page for every line item.
Innovex International Company Profile
| Ticker | INVX |
|---|---|
| Exchange | NYSE |
| Industry | Oil & Gas Field Machinery & Equipment |
| Headquarters | Humble, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001042893 |
Frequently Asked Questions
What was Innovex International's revenue in fiscal 2025?
Innovex International (INVX) reported revenue of $978.3M for fiscal 2025.
What is Innovex International's annual revenue history?
Innovex International's annual revenue by fiscal year: 2020: $365.0M; 2021: $322.9M; 2022: $362.1M; 2023: $424.1M; 2024: $660.8M; 2025: $978.3M.
What was Innovex International's net income in fiscal 2025?
Innovex International reported net income of $83.3M for fiscal 2025.
What was Innovex International's earnings per share (EPS) in fiscal 2025?
Innovex International's diluted EPS was $1.20 for fiscal 2025 (adjusted for any later stock splits).
What was Innovex International's revenue last quarter?
In its most recent reported quarter (2026 Q2), Innovex International reported revenue of $244.9M.
How much debt does Innovex International have?
Innovex International reported $25.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Innovex International are outstanding?
Innovex International reported a weighted average of 68.8 million basic shares outstanding in 2026 Q2.
What is Innovex International's market cap?
Based on its latest closing price, Innovex International (INVX) has a market capitalization of about $2.00B.
When does Innovex International's fiscal year end?
Innovex International's fiscal year end, as registered with the SEC, is December 31.
Where is Innovex International headquartered?
Innovex International lists its business address in Humble, Texas in its SEC filings.
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