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Innovex International INVX Operating Lease Liabilities (Current)

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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$1.97B+81.0%
Enterprise value$1.86B+65.2%
P/E37.9×+30.4×
P/S+0.8×

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:OperatingLeaseLiabilityCurrent.

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
Current liabilities
Accounts payable$74,888$60,711
Accrued expenses35,23249,148
Operating lease liabilities12,64312,670
Contract liabilities11,14411,986
Current portion of long-term debt and finance lease obligations6,1706,709
Other current liabilities7,6856,940
Total current liabilities147,762148,164

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's operating lease liabilities (current)?
Innovex International (INVX) reported operating lease liabilities (current) of $12.64M in Q1 2026.
How has Innovex International's operating lease liabilities (current) changed year-over-year?
Innovex International's operating lease liabilities (current) increased by 9.6% year-over-year, from $11.54M to $12.64M.
What is the long-term trend for Innovex International's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Innovex International's operating lease liabilities (current) has grown at a 62.7% compound annual growth rate (CAGR), from $1.11M to $12.67M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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