Innovex International Inc (INVX) financials
Innovex International revenue and earnings by year
Innovex International's revenue was $978 million in the fiscal year to December 31, 2025, up 48.0% from the year before. Net income was $83.3 million, 8.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 978 | 661 | 556 | 467 | 322 | 365 | 415 | 385 | 455 | 539 |
| Revenue growth | 48.0% | 18.9% | 18.9% | 44.9% | -11.7% | -12.0% | 7.8% | -15.6% | -15.5% | — |
| Gross profit | 303 | 233 | 195 | 158 | 13 | 95 | 120 | 91 | 125 | 210 |
| Gross margin | 31.0% | 35.2% | 35.2% | 33.8% | 4.1% | 26.1% | 28.9% | 23.7% | 27.5% | 39.0% |
| Operating income | 133 | 49 | 97 | 76 | -124 | -61 | 3 | -123 | -69 | 113 |
| Operating margin | 13.6% | 7.4% | 17.5% | 16.2% | -38.6% | -16.8% | 0.7% | -31.9% | -15.2% | 20.9% |
| Net income | 83 | 140 | 74 | 63 | -128 | -31 | 2 | -96 | -101 | 93 |
| Net margin | 8.5% | 21.2% | 13.3% | 13.5% | -39.8% | -8.4% | 0.4% | -24.9% | -22.1% | 17.3% |
| Diluted EPS | $1.20 | $2.77 | $2.29 | $2.01 | -$3.63 | -$0.87 | $0.05 | -$2.58 | — | $2.47 |
| Free cash flow | 126 | 83 | 62 | -14 | 35 | -27 | 6 | 30 | 84 | 221 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open INVX in Markets.
How Innovex International makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $167M | 68.3% |
| Leasing | $45.8M | 18.7% |
| Services | $31.7M | 12.9% |
See also: INVX valuation and P/E history · INVX returns
No forecast, no recommendation. This page describes Innovex International Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.