Innovex International, Inc. (INVX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 239.03M | 273.6M | 240M | 224.23M | 240.41M | 250.69M | 151.82M | 130.3M | 128M | 133.19M | 139.09M | 89.61M | 90.86M | 127.99M | 88.14M | 93.98M | 83.14M | 77.91M | 83M | 80.8M |
| Revenue Growth % | -0.58% | 9.14% | 58.09% | 72.09% | 87.83% | 88.22% | 9.15% | 45.41% | 40.87% | 4.06% | 57.8% | -4.65% | 9.3% | 64.28% | 6.2% | 16.31% | 2.34% | -10.69% | -9.09% | -10.67% |
| Cost of Goods Sold | 154.52M | 209.95M | 179.42M | 152.51M | 163.91M | 165.82M | 99.14M | 84.31M | 78.91M | 84.47M | 89.19M | 65.71M | 65.5M | 85.39M | 65.71M | 69.66M | 63.99M | 61.2M | 62.83M | 61.54M |
| COGS % of Revenue | 64.65% | 76.74% | 74.76% | 68.02% | 68.18% | 66.14% | 65.3% | 64.7% | 61.65% | 63.42% | 64.12% | 73.33% | 72.09% | 66.72% | 74.55% | 74.13% | 76.98% | 78.55% | 75.71% | 76.17% |
| Gross Profit | 84.51M | 63.65M | 60.58M | 71.72M | 76.5M | 84.87M | 52.68M | 45.99M | 49.09M | 48.72M | 49.9M | 23.9M | 25.36M | 42.6M | 22.43M | 24.32M | 19.14M | 16.71M | 20.16M | 19.26M |
| Gross Margin % | 35.35% | 23.26% | 25.24% | 31.98% | 31.82% | 33.86% | 34.7% | 35.3% | 38.35% | 36.58% | 35.88% | 26.67% | 27.91% | 33.28% | 25.45% | 25.87% | 23.02% | 21.45% | 24.29% | 23.84% |
| Gross Profit Growth % | 10.46% | -25% | 15% | 55.94% | 55.84% | 74.21% | 5.57% | 92.47% | 93.55% | 14.36% | 122.46% | -1.72% | 32.5% | 154.85% | 11.25% | 26.26% | -21.72% | -27.6% | -16.28% | -18.08% |
| Operating Expenses | 41.75M | 32.03M | 35.57M | 49.02M | 54.65M | 57.96M | 65.9M | 32.92M | 26.78M | 25.49M | 25.92M | 26.45M | 25.98M | 22.68M | 25.08M | 25.22M | 26.07M | 34.45M | 28.77M | 33.31M |
| OpEx % of Revenue | 17.47% | 11.71% | 14.82% | 21.86% | 22.73% | 23.12% | 43.41% | 25.27% | 20.92% | 19.14% | 18.63% | 29.52% | 28.6% | 17.72% | 28.45% | 26.83% | 31.36% | 44.22% | 34.67% | 41.23% |
| Selling, General & Admin | 41.75M | 32.03M | 35.57M | 28.84M | 32.35M | 38.28M | 37.98M | 18.58M | 21.34M | 16.7M | 19.23M | 23.25M | 22.59M | 17.06M | 22.43M | 22.5M | 22.39M | 30.62M | 25.27M | 29.59M |
| SG&A % of Revenue | 17.47% | 11.71% | 14.82% | 12.86% | 13.46% | 15.27% | 25.02% | 14.26% | 16.67% | 12.54% | 13.82% | 25.94% | 24.86% | 13.33% | 25.45% | 23.94% | 26.94% | 39.3% | 30.44% | 36.63% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2M | 3.4M | 0 | 2.65M | 2.72M | 3.68M | 3.83M | 3.51M | 3.72M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | 3.57% | 3.74% | - | 3% | 2.89% | 4.42% | 4.92% | 4.23% | 4.61% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 26.54M | 31.62M | 25.01M | 22.7M | 21.85M | 26.91M | -13.22M | 13.07M | 22.31M | 23.23M | 23.98M | -2.55M | -621K | 19.92M | -2.65M | -903K | -6.93M | -17.74M | -8.61M | -14.06M |
| Operating Margin % | 11.1% | 11.56% | 10.42% | 10.12% | 9.09% | 10.74% | -8.71% | 10.03% | 17.43% | 17.44% | 17.24% | -2.85% | -0.68% | 15.56% | -3% | -0.96% | -8.33% | -22.77% | -10.38% | -17.4% |
| Operating Income Growth % | 21.46% | 17.49% | 289.19% | 73.64% | -2.07% | 15.85% | -155.12% | 611.75% | 3692.75% | 16.62% | 1006.65% | -182.83% | 91.04% | 212.29% | 69.29% | 93.58% | 24.24% | -147.23% | -1060.65% | -171.06% |
| EBITDA | 42.76M | 47.08M | 45.52M | 40.71M | 39.73M | 41.5M | -3.46M | 21.56M | 29M | 36.71M | 29.75M | 4.5M | 6.27M | 25.54M | 4.48M | 6.77M | 632K | -9.9M | -713K | -6.71M |
| EBITDA Margin % | 17.89% | 17.21% | 18.97% | 18.15% | 16.52% | 16.56% | -2.28% | 16.55% | 22.66% | 27.57% | 21.39% | 5.02% | 6.9% | 19.95% | 5.08% | 7.2% | 0.76% | -12.71% | -0.86% | -8.31% |
| EBITDA Growth % | 7.63% | 13.43% | 1414.15% | 88.8% | 37% | 13.05% | -111.64% | 379.67% | 362.64% | 43.76% | 564.34% | -33.57% | 891.77% | 357.92% | 728.05% | 200.79% | 136.6% | -2108.52% | -109.95% | -343.79% |
| D&A (Non-Cash Add-back) | 16.22M | 15.46M | 20.52M | 18.01M | 17.88M | 14.59M | 9.75M | 8.49M | 6.69M | 13.48M | 5.77M | 7.05M | 6.89M | 5.62M | 7.12M | 7.67M | 7.56M | 7.84M | 7.9M | 7.34M |
| EBIT | 26.54M | 27.62M | 58.64M | 22.79M | 22.06M | 27.79M | 80.73M | 14.47M | 22.26M | 24.28M | 24.76M | 5.6M | 6.01M | 19.73M | 14.73M | -3.3M | -5.39M | -71.38M | -6.75M | -14.6M |
| Net Interest Income | 388K | -654K | -677K | -551K | -700K | -375K | -729K | -607K | -719K | -792K | -1.52M | 1.98M | 2.75M | -1.68M | 248K | 474K | 149K | 79K | 94K | 4K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 2.83M | 0 | 379K | 573K | 203K | 274K | 188K | 63K |
| Interest Expense | -388K | 654K | 677K | 551K | 700K | 375K | 729K | 607K | 719K | 792K | 1.52M | 19K | 80K | 1.68M | 131K | 99K | 54K | 195K | 94K | 59K |
| Other Income/Expense | -48.13M | -4.65M | 32.95M | -459K | -486K | 501K | 93.22M | 790K | -771K | 256K | -734K | 8.14M | 6.56M | -1.88M | 17.25M | -2.49M | 1.49M | -53.84M | 1.77M | -603K |
| Pretax Income | -21.59M | 26.97M | 57.96M | 22.24M | 21.36M | 27.41M | 80M | 13.86M | 21.54M | 23.49M | 23.25M | 5.58M | 5.93M | 18.04M | 14.6M | -3.4M | -5.44M | -71.58M | -6.84M | -14.66M |
| Pretax Margin % | -9.03% | 9.86% | 24.15% | 9.92% | 8.89% | 10.94% | 52.69% | 10.64% | 16.83% | 17.63% | 16.71% | 6.23% | 6.53% | 14.1% | 16.56% | -3.61% | -6.55% | -91.87% | -8.24% | -18.14% |
| Income Tax | -4.92M | 13M | 18.73M | 6.89M | 6.61M | -4.38M | -2.59M | 4.33M | 5.12M | 5.04M | 7.88M | 2.1M | 3.62M | 3.54M | -610K | 2.17M | 3.5M | -8.15M | 4.3M | 4.41M |
| Effective Tax Rate % | 22.8% | 48.2% | 32.32% | 30.99% | 30.93% | -15.96% | -3.23% | 31.21% | 23.78% | 21.45% | 33.9% | 37.64% | 61.06% | 19.65% | -4.18% | -64.06% | -64.24% | 11.38% | -62.86% | -30.06% |
| Net Income | -16.67M | 13.97M | 39.23M | 15.35M | 14.76M | 31.79M | 82.59M | 9.53M | 16.42M | 18.45M | 15.37M | 3.48M | 2.31M | 14.5M | 15.21M | -5.57M | -8.94M | -63.43M | -11.14M | -19.07M |
| Net Margin % | -6.97% | 5.11% | 16.35% | 6.84% | 6.14% | 12.68% | 54.4% | 7.32% | 12.83% | 13.85% | 11.05% | 3.89% | 2.54% | 11.33% | 17.26% | -5.93% | -10.75% | -81.41% | -13.43% | -23.6% |
| Net Income Growth % | -212.97% | -56.06% | -52.5% | 60.95% | -10.11% | 72.31% | 437.46% | 173.73% | 610.39% | 27.24% | 1.03% | 162.53% | 125.86% | 122.86% | 236.5% | 70.79% | 73.99% | -463.61% | -177.78% | -34.83% |
| Net Income (Continuing) | -16.67M | 13.97M | 39.23M | 15.35M | 14.76M | 31.79M | 82.59M | 9.53M | 16.42M | 18.45M | 15.37M | 3.48M | 2.31M | 14.5M | 15.21M | -5.57M | -8.94M | -63.43M | -11.14M | -19.07M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.24 | 0.20 | 0.57 | 0.22 | 0.21 | 0.47 | 1.99 | 0.14 | 0.32 | 0.36 | 0.30 | 0.10 | 0.07 | 0.58 | 0.44 | -0.16 | -0.26 | -1.80 | -0.31 | -0.54 |
| EPS Growth % | -214.29% | -57.45% | -71.36% | 57.14% | -34.38% | 30.56% | 563.33% | 40% | 377.61% | -37.93% | -31.82% | 162.5% | 125.77% | 132.22% | 241.94% | 70.37% | 73.2% | -462.5% | -175.61% | -35% |
| EPS (Basic) | -0.24 | 0.20 | 0.57 | 0.22 | 0.21 | 0.47 | 2.03 | 0.25 | 0.46 | 0.52 | 0.43 | 0.10 | 0.07 | 0.59 | 0.45 | -0.16 | -0.26 | -1.80 | -0.31 | -0.54 |
| Diluted Shares Outstanding | 68.94M | 69.64M | 69.27M | 69.15M | 69.48M | 68.04M | 41.53M | 66.64M | 50.56M | 50.56M | 50.56M | 34.49M | 34.49M | 25.06M | 34.23M | 34.48M | 34.49M | 35.17M | 35.39M | 35.39M |
| Basic Shares Outstanding | 68.94M | 68.99M | 68.81M | 68.94M | 69.29M | 67.89M | 40.73M | 37.43M | 35.78M | 35.78M | 35.78M | 34.13M | 34.13M | 24.65M | 33.95M | 34.48M | 34.49M | 35.17M | 35.39M | 35.39M |
| Dividend Payout Ratio | - | - | - | - | - | - | 90.79% | - | - | - | - | - | - | - | - | - | - | - | - | - |