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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%

Valuation

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Market cap$1.76B+34.2%
Enterprise value$1.66B+23.7%
P/E34×+24.5×
P/S1.8×+0.1×

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

Calculated from Innovex International’s reported figures.

The official record: Innovex International’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innovex International's free cash flow?
Innovex International (INVX) reported free cash flow of $19.62M in Q1 2026.
How has Innovex International's free cash flow changed year-over-year?
Innovex International's free cash flow decreased by 36.2% year-over-year, from $30.75M to $19.62M.
What is the long-term trend for Innovex International's free cash flow?
Over 3 years (2021 to 2024), Innovex International's free cash flow has grown at a 47.8% compound annual growth rate (CAGR), from $28.44M to $91.81M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.