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3.5×+1.3×
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2.4×-0.2×
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2.3×+0.5×

Other financials

Income statement

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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

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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

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Operating cash flow$19.8M-36.2%
CapEx$223.0K-34.6%
Free cash flow$19.6M-36.2%

Valuation

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Market cap$2.15B+93.4%
Enterprise value$2.05B+77.5%
P/E41.4×+33.7×
P/S2.2×+0.9×

Profitability

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Gross margin31.9%-0.9pp
Operating margin9.1%+2.7pp
Net margin5.3%-12.9pp
FCF margin15%-9.6pp

Returns & leverage

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Return on equity5.2%-15.8pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Innovex International’s reported figures.

Based on the most recent quarter.

The source filing: Innovex International’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206528

FAQ

What is Innovex International's current ratio?
Innovex International (INVX) reported current ratio of 5.1× in Q1 2026.
How has Innovex International's current ratio changed year-over-year?
Innovex International's current ratio increased by 17.4% year-over-year, from 4.3× to 5.1×.
What is the long-term trend for Innovex International's current ratio?
Over 5 years (2020 to 2025), Innovex International's current ratio has grown at a -13.4% compound annual growth rate (CAGR), from 10.1× to 4.9×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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