Business Wire·6 days ago
Innovex Completes Purchase of TCO Group ASHOUSTON--(BUSINESS WIRE)--Innovex completes purchase of TCO Group AS.
Innovex International, Inc.(INVX)Earnings, Financials & Key Ratios
INVX•NYSE
$24.05
20.0× P/E·Price updated Jul 7, 2026
AboutInnovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.Show more
- Revenue$978M+48.0%
- EBITDA$174M+96.9%
- Net Income$83M-40.6%
- EPS (Diluted)1.20-56.7%
- Gross Margin24.79%-29.6%
- EBITDA Margin17.84%+33.0%
- Operating Margin11.63%+56.6%
- Net Margin8.52%-59.9%
- ROE8.26%-62.1%
INVX Price & Volume
Innovex International, Inc. (INVX) stock price & volume — 10-year historical chart
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Cyclical Revenue Contraction Challenges Operational Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Decelerating
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Cyclical Revenue Volatility
Key Thesis Takeaways
- Innovex International faces a challenging transition as top-line growth has decelerated from 88.2% in 2024Q4 to a 0.6% contraction by 2026Q1, signaling potential exhaustion in its core oilfield services demand cycle.
- While the company maintains a fortress balance sheet with a 0.07 debt-to-equity ratio, the shift toward inorganic growth—evidenced by goodwill rising to $99.8 million—introduces integration risks.
- Investors should monitor whether the company can stabilize its operating margins, which have compressed from 17.4% in early 2024 to 11.1% in 2026Q1, before committing capital to this volatile industrial play.
Verdict Logic
while the company holds a strong liquidity position with a 5.10 current ratio, the recent shift to a $16.7 million net loss in 2026Q1 and decelerating revenue growth warrant a cautious wait-and-see approach.
INVX Growth Metrics
Innovex International, Inc. (INVX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.48%
5 Years21.8%
3 Years27.93%
TTM26.34%
Profit CAGR
10 Years-8.01%
5 Years-
3 Years9.6%
TTM-62.59%
EPS CAGR
10 Years-13.26%
5 Years-
3 Years-33.33%
TTM-73.31%
Return on Capital
10 Years7.45%
5 Years14.48%
3 Years14.48%
Last Year10.56%
INVX Recent Earnings
Innovex International, Inc. (INVX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 4, 2026Metric
Actual
Est
EPS
$0.34+47.8%
$0.23
Rev
$239M+5.1%
$227M
Q1 2026
Feb 23, 2026Metric
Actual
Est
EPS
$0.20-31.0%
$0.29
Rev
$274M+13.8%
$240M
Q4 2025
Nov 3, 2025Metric
Actual
Est
EPS
$0.18-33.3%
$0.27
Rev
$240M+0.0%
$240M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$0.28+3.7%
$0.27
Rev
$224M-1.2%
$227M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.34vs $0.23+47.8% | $239Mvs $227M+5.1% |
| Q1 2026 | Feb 23, 2026 | $0.20vs $0.29-31.0% | $274Mvs $240M+13.8% |
| Q4 2025 | Nov 3, 2025 | $0.18vs $0.27-33.3% | $240Mvs $240M+0.0% |
| Q3 2025 | Aug 5, 2025 | $0.28vs $0.27+3.7% | $224Mvs $227M-1.2% |
Based on last 12 quarters of dataView full earnings history →
Latest INVX News
Recent stock market news and headlines for Innovex International, Inc. (INVX)
Peers Comparison
Key metrics vs top competitors for Innovex International, Inc. (INVX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $24.05 | $1.65B | 20.04 | 48.04% | 8.52% | 8.26% | — | |
| $12.66 | $1.49B | -16.88 | 18.84% | -4.55% | -9.21% | — | |
| $45.01 | $118.13M | 5.20 | 13.64% | 10.76% | 14.37% | — | |
| $10.70 | $463.43M | -8.56 | 1.41% | 11.52% | — | — | |
| $2.48 | $49.38M | -0.60 | -10.25% | -11.67% | — | — | |
| $18.65 | $2.1B | 93.25 | -3.08% | 1.54% | 2.21% | — |
Compare INVX vs Peers
Innovex International, Inc. (INVX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
INVX SEC Filings & Documents
Innovex International, Inc. (INVX) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 4, 2026·SEC
Material company update
Mar 11, 2026·SEC
Material company update
Feb 27, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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INVX Frequently Asked Questions
Innovex International, Inc. (INVX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Innovex International, Inc.'s revenue?
Innovex International, Inc. (INVX) reported $976.9M in revenue for fiscal year 2025. This represents a 341% increase from $221.6M in 2004.
How fast is Innovex International, Inc. growing?
Innovex International, Inc. (INVX) grew revenue by 48.0% over the past year. This is strong growth.
Is INVX profitable?
Yes, Innovex International, Inc. (INVX) is profitable, generating $51.9M in net income for fiscal year 2025 (8.5% net margin).
Dividend & Returns
What is INVX's return on equity?
Innovex International, Inc. (INVX) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.
What is Innovex International, Inc.'s free cash flow?
Innovex International, Inc. (INVX) generated $145.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.