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Innovex International INVX Leasing — Revenue

Other product segments

Service
$31.14M-11.2%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues
Products$162,895$167,350
Services31,14135,061
Rental44,99538,004
Total revenues239,031240,415
Cost of revenues(a)
Products123,252119,695
Services19,17731,820

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's leasing — revenue?
Innovex International (INVX) reported leasing — revenue of $45M in Q1 2026.
How has Innovex International's leasing — revenue changed year-over-year?
Innovex International's leasing — revenue increased by 18.4% year-over-year, from $38M to $45M.
What is the long-term trend for Innovex International's leasing — revenue?
Over 3 years (2022 to 2025), Innovex International's leasing — revenue has grown at a 74.0% compound annual growth rate (CAGR), from $31.65M to $166.7M.
What does leasing — revenue mean?
This metric represents the total revenue generated from leasing contracts with customers, excluding any assessed taxes. It reflects the core income stream derived from providing equipment or asset rental services to clients within the upstream oil and gas sector. Tracking this helps assess the market demand and pricing power for the company's leasing solutions.

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