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Innovex International INVX Finance Lease Liabilities

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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×
Current ratio5.1×+0.8×

Where this comes from

Reported directly by Innovex International in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

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

Filed
May 5, 2026, 4:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206528
(in thousands)March 31,2026December 31,2025
Current portion of long-term debt and finance lease obligations:
Finance lease obligations6,1706,709
Total current portion of long-term debt and finance lease obligations6,1706,709
Long-term debt and finance lease obligations:
Finance lease obligations18,04218,922
Total long-term portion of debt and finance lease obligations18,04218,922
Total debt and finance lease obligations$24,212$25,631

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's finance lease liabilities?
Innovex International (INVX) reported finance lease liabilities of $18.04M in Q1 2026.
How has Innovex International's finance lease liabilities changed year-over-year?
Innovex International's finance lease liabilities increased by 254.9% year-over-year, from $5.08M to $18.04M.
What is the long-term trend for Innovex International's finance lease liabilities?
Over 5 years (2020 to 2025), Innovex International's finance lease liabilities has grown at a 189.5% compound annual growth rate (CAGR), from $93K to $18.92M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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