Innovex International, Inc. cash flow statement

In fiscal 2025, Innovex International, Inc.'s operations generated $191m of cash; it spent $0 on capital projects, leaving free cash flow of $191m. It returned $9.3m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Innovex International, Inc.: cash flow statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash from operations	136	107	102	−8	162	149	190	247	108	46	15	−21	38	−6	76	93	191	157
Depreciation and amortisation	18	21	23	26	29	31	30	32	41	35	34	32	30	18	23	31	61	63
Stock-based pay	4	5	5	6	9	12	13	12	14	13	16	13	15	1	2	13	14	15
Capital spending	45	75	56	51	43	43	27	26	28	32	12	12	10	19	33	0	0	0
Free cash flow	92	32	46	−59	120	107	163	221	80	13	3	−33	28	−25	43	93	191	157
Free cash flow after stock pay	88	27	41	−65	111	95	150	209	66	−0	−13	−46	14	−26	41	80	177	143
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	75	0	—
Share buybacks	—	—	—	—	10	190	76	24	0	100	27	25	24	21	0	0	9	14

US$ millions unless shown otherwise. Fiscal quarters.

Innovex International, Inc.: cash flow statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Cash from operations	22	36	31	59	48	52	20	37
Depreciation and amortisation	8	12	15	15	15	15	16	16
Stock-based pay	11	1	2	4	3	5	3	3
Capital spending	—	0	0	0	0	0	0	0
Free cash flow	—	36	31	59	48	52	20	37
Free cash flow after stock pay	—	35	29	55	45	47	17	34

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Innovex International, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Innovex International, Inc.