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Other financials

Income statement

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Revenue$239.0M-0.6%
Gross profit$84.5M+10.5%
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:OperatingIncomeLoss.

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
Impairment of long-lived assets2,924
Acquisition and integration costs1,5884,288
Provision for legal settlement48,803
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

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's operating income?
Innovex International (INVX) reported operating income of -$21.83M in Q1 2026.
How has Innovex International's operating income changed year-over-year?
Innovex International's operating income decreased by 199.9% year-over-year, from $21.85M to -$21.83M.
What is the long-term trend for Innovex International's operating income?
Over 4 years (2021 to 2025), Innovex International's operating income has grown at a 1.4% compound annual growth rate (CAGR), from -$125.34M to $132.63M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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