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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:LongTermDebtAndCapitalLeaseObligations.

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 par value amounts)March 31,2026December 31,2025
Other current liabilities7,6856,940
Total current liabilities147,762148,164
Noncurrent liabilities
Long-term debt and finance lease obligations18,04218,922
Operating lease liabilities39,34940,986
Deferred income taxes743500
Legal settlement accrual48,803
Other long-term liabilities2,0732,036

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's long-term debt?
Innovex International (INVX) reported long-term debt of $18.04M in Q1 2026.
How has Innovex International's long-term debt changed year-over-year?
Innovex International's long-term debt decreased by 8.3% year-over-year, from $19.68M to $18.04M.
What is the long-term trend for Innovex International's long-term debt?
Over 2 years (2023 to 2025), Innovex International's long-term debt has grown at a -31.7% compound annual growth rate (CAGR), from $40.57M to $18.92M.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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