Innovex International, Inc. revenue by segment INVX

Annual Quarterly

Innovex International, Inc. splits its revenue into 7 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Product at $685.3 million, 70% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	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	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	1,023	978	661	424	467	322	334	415	385	455	539
Product	723 +8.5% share 70.7%	685 +29.9% share 70.1%	527 +14.5% share 79.8%	461 +91.4% share 108.7%	241 +12.9% share 51.5%	213 -17.6% share 66.1%	259 -14.7% share 77.4%	303 +14.4% share 73.1%	265 -24.5% share 68.9%	351 share 77.1%	—
Subsea Products	—	—	—	198 +2.1% share 46.8%	194 +15.4% share 41.6%	168 share 52.2%	—	—	—	—	—
Leasing	177 +16.5% share 17.3%	167 +231.5% share 17.0%	50 +60.4% share 7.6%	31 -1.0% share 7.4%	32 share 6.8%	—	—	—	—	—	—
Services	123 -10.5% share 12.0%	126 +51.9% share 12.9%	83 +31.1% share 12.6%	63 -19.9% share 14.9%	79 +6.7% share 16.9%	74 -1.9% share 23.0%	76 +4.9% share 22.6%	72 -0.5% share 17.4%	72 +16.9% share 18.8%	62 share 13.6%	—
Well Construction	—	—	—	124 +69.4% share 29.4%	73 +7.7% share 15.7%	68 share 21.2%	—	—	—	—	—
Subsea Services	—	—	—	101 +7.5% share 23.9%	94 +9.7% share 20.2%	86 share 26.6%	—	—	—	—	—
Total Services Excluding Rental Tools	—	—	—	—	—	74 -1.9% share 23.0%	76 +4.9% share 22.6%	72 share 17.4%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.