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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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, except share and per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Income (loss) from operations(21,832)21,850
Interest (income) expense, net(388)700
Other (income) expense, net150(214)
Income (loss) before income taxes(21,594)21,364
Income tax expense (benefit), net(4,923)6,607
Net income (loss)(16,671)14,757
Earnings (loss) per common share
Basic$(0.24)$0.21

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's pre-tax income?
Innovex International (INVX) reported pre-tax income of -$21.59M in Q1 2026.
How has Innovex International's pre-tax income changed year-over-year?
Innovex International's pre-tax income decreased by 201.1% year-over-year, from $21.36M to -$21.59M.
What is the long-term trend for Innovex International's pre-tax income?
Over 4 years (2021 to 2025), Innovex International's pre-tax income has grown at a 0.6% compound annual growth rate (CAGR), from -$125.55M to $128.53M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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