FY2025 · ended Dec 31, 2025 · Revenue $978.25M, +48.0% YoY · Filed Feb 24, 2026
Innovex International, Inc. (INVX) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $978.3 million and net income of $83.3 million. As of Sep 30, 2026 it held $188.8 million in cash and investments and $93.3 million in total debt.
Revenue (TTM)
$1.02B
+7.0% vs year-ago TTM
Net income (TTM)
$48.61M
-51.9% vs year-ago TTM
Operating cash flow (TTM)
$147.93M
-15.5% vs year-ago TTM
Free cash flow
$43.24M
+275.2% vs prior year
EPS (TTM)
$0.70
-47.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
69.14M
-0.2% vs prior year
Net cash
$95.42M
as of Sep 30, 2026
Operating margin
6.9%
FY 2026
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- INVX (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Humble, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1042893
- Former names
- Innovex International, Inc. (until Nov 4, 2026); DRIL-QUIP INC (until Sep 5, 2024)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $978.3M | $660.8M | $424.1M | $467.2M | $322.4M |
| Operating income | $132.6M | $49.1M | $97.3M | $75.8M | -$125.3M |
| Net income | $83.3M | $140.3M | $73.9M | $63.3M | -$128.5M |
| Diluted EPS | $1.20 | $2.77 | $2.29 | $2.01 | -$3.63 |
| Operating cash flow | $190.9M | $93.4M | $75.9M | -$5.8M | $38.4M |
| Free cash flow | — | — | $43.2M | -$24.7M | $28.4M |
| Total assets | $1.3B | $1.2B | $475.3M | $970.0M | $1.0B |
| Total liabilities | $210.6M | $239.3M | $146.4M | $97.6M | $113.3M |
| Stockholders' equity | $1.1B | $958.2M | $328.9M | $251.3M | $180.6M |
| Cash and investments | $203.4M | $73.3M | $33.3M | $297.0M | $355.5M |
| Total debt | $98.2M | $91.5M | $17.8M | $5.0M | $5.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Material agreement
|
Aug 10, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 3, 2026 | Aug 3, 2026 |
| 8-K/A |
Amended current report
Unregistered share sale
|
Jul 1, 2026 | Jun 15, 2026 |
All 1000 Innovex International, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.