What is Innovex International's market cap?

Innovex International (INVX) has a market capitalization of $1.9B and trades on XNYS.

What is Innovex International's revenue and profitability?

Innovex International generated $976.9M in trailing twelve-month revenue with net income of $51.9M, representing a net margin of 5.3%. Gross margin stands at 31.9%, with free cash flow of $138.9M. These figures are based on the Q1 2026 filing.

Who are Innovex International's competitors?

Innovex International's key competitors include Weatherford International, Halliburton, Schlumberger, and others. These companies compete in similar markets and product categories.

Who does Innovex International partner with?

Innovex International's notable partners include Saudi Aramco, Kuwait Oil Company, Petrobras, and others.

What subsidiaries does Innovex International have?

Innovex International's subsidiaries include Dril-Quip, Inc., Downhole Well Solutions, LLC, SCF Machining Corporation, and others.

Where is Innovex International headquartered?

Innovex International is headquartered in United States of America. It has been publicly traded since 2024.

Innovex International

INVX

Innovex International is a global provider of mission-critical engineered products and technologies for the oil and natural gas industry.

Market cap

$1.85B+57.1%

Revenue$976.9M+28.0%

Net income$51.9M-62.6%

Free cash flow$138.9M+110%

EPS (diluted)$0.75-70.0%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$239.0MBeat by $11.6M EPS$0.34Beat by $0.11

Read the full report

Next report

Aug 3, 2026 (In 5 days)

Revenue estimate$241.6M

EPS estimate$0.30

Financials

Q1 2026

Income statement

See full

Revenue$239.0M-0.6%

Gross profit$84.5M+10.5%

Operating income-$21.8M-200%

Net income-$16.7M-213%

EPS (diluted)-$0.24-214%

Balance sheet

See full

Cash & equivalents$200.7M+195%

Total debt$100.4M+7.5%

Total equity$1.0B+5.4%

Total assets$1.3B+7.7%

Cash flow

See full

Operating cash flow$19.8M-36.2%

CapEx$223.0K-34.6%

Free cash flow$19.6M-36.2%

Valuation & ratios

Valuation

See full

Market cap$1.85B+57.1%

Enterprise value$1.75B+40.0%

P/E35.7×+27.4×

P/S1.9×+0.5×

Profitability

See full

Gross margin31.9%-0.9pp

Operating margin9.1%+2.7pp

Net margin5.3%-12.9pp

Returns & leverage

See full

Return on equity5.2%-15.8pp

Debt / equity0.1×0.0×

Current ratio5.1×+0.8×

Segments

By product

See full

Service$31.1M-11.2%

Competitors

By market cap

Schlumberger $76.5B+42.4%

Baker Hughes$60.1B+31.0%

TechnipFMC$29.9B+97.7%

Halliburton$26.8B+37.8%

NOVA, Inc.$7.3B+38.1%

Weatherford International$6.2B+45.4%

Innovex International$1.9B+53.2%

Forum Energy Technologies$639.8M+151%

By revenue growth

Innovex International+28.0%

Forum Energy Technologies-0.1%

NOVA, Inc.-1.7%

Weatherford International-7.2%

By net margin

Baker Hughes11.17%+0.1pp

TechnipFMC10.62%+1.7pp

Schlumberger 8.53%-3.0pp

Weatherford International7.66%-1.7pp

Halliburton7.16%-1.2pp

Innovex International5.31%-12.9pp

NOVA, Inc.4.36%-3.5pp

Forum Energy Technologies-14.58%+15.9pp

Profile

Innovex International is a global provider of mission-critical engineered products and technologies for the oil and natural gas industry. The company designs, manufactures, and rents well-centric solutions used throughout the entire well lifecycle, including construction, completion, production, and intervention. Its value proposition focuses on high-impact, low-cost consumable products that improve operational efficiency and reliability for complex drilling applications.

Competitive position

Innovex positions itself as a 'Big Impact, Small Ticket' provider, leveraging proprietary technology and a 'No Barriers' culture to capture market share in both unconventional onshore and complex offshore markets.

GeographiesUnited States, Canada, Middle East, Asia, Latin America, Europe, Africa

Customer segmentsExploration and Production (E&P) Companies, National Oil Companies (NOCs), International Oil Companies (IOCs), Oilfield Service Companies

Business modelManufacturing, Equipment Rental, Field Services

SuppliersSteel suppliers, Magnesium and composite material providers, Third-party machining service providers, Low-cost country manufacturing partners

CustomersOnshore unconventional E&P operators, Offshore and deepwater drilling operators, Multinational oilfield service providers

CountryUnited States of America

Listed2024

CEOAdam Anderson

SectorEnergy

IndustryOil & Gas Equipment & Services

Websiteinnovex-inc.com

FilingsSEC EDGAR

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Questions, answered.

What is Innovex International's market cap?: Innovex International (INVX) has a market capitalization of $1.9B and trades on XNYS.
What is Innovex International's revenue and profitability?: Innovex International generated $976.9M in trailing twelve-month revenue with net income of $51.9M, representing a net margin of 5.3%. Gross margin stands at 31.9%, with free cash flow of $138.9M. These figures are based on the Q1 2026 filing.
Who are Innovex International's competitors?: Innovex International's key competitors include Weatherford International, Halliburton, Schlumberger, and others. These companies compete in similar markets and product categories.
Who does Innovex International partner with?: Innovex International's notable partners include Saudi Aramco, Kuwait Oil Company, Petrobras, and others.
What subsidiaries does Innovex International have?: Innovex International's subsidiaries include Dril-Quip, Inc., Downhole Well Solutions, LLC, SCF Machining Corporation, and others.
Where is Innovex International headquartered?: Innovex International is headquartered in United States of America. It has been publicly traded since 2024.