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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%
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:NetIncomeLoss.

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
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)$0.21
Diluted$(0.24)$0.21
Weighted average common shares outstanding

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's net income?
Innovex International (INVX) reported net income of -$16.67M in Q1 2026.
How has Innovex International's net income changed year-over-year?
Innovex International's net income decreased by 213.0% year-over-year, from $14.76M to -$16.67M.
What is the long-term trend for Innovex International's net income?
Over 4 years (2021 to 2025), Innovex International's net income has grown at a -10.3% compound annual growth rate (CAGR), from -$128.49M to $83.3M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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