Innovex International, Inc. income statement

In fiscal 2025, Innovex International, Inc. reported revenue of $978m, up 48.0% on the year before, operating income of $133m (a 13.6% margin) and net income of $83.3m, or $1.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Innovex International, Inc.: income 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
Revenue	540	566	601	733	872	931	844	539	455	385	415	365	322	362	424	661	978	998
Cost of revenue	310	323	362	452	514	514	459	328	330	294	295	270	309	309	360	428	675	674
Gross profit	230	244	239	281	358	417	385	210	125	91	120	95	13	53	64	233	303	323
Research and development	—	—	—	—	—	—	—	—	—	—	—	—	—	3	3	4	7	—
Selling, general and administrative	55	61	71	82	95	93	88	53	114	102	98	95	115	59	73	116	129	148
Operating income	142	139	130	162	224	279	249	113	−69	−123	3	−64	−125	76	97	49	133	100
Interest expense	0	0	0	0	0	0	0	0	0	0	0	1	1	4	6	2	3	0
Net interest income	—	—	—	—	—	—	—	—	—	—	—	—	−0	4	8	—	—	—
Income before tax	142	139	130	162	224	279	250	116	−66	−115	10	−62	−126	73	94	143	129	99
Income tax	37	37	35	43	54	71	58	23	35	−19	9	−31	3	10	20	2	45	37
Net income	105	102	95	119	170	209	192	93	−101	−96	2	−31	−128	63	74	140	83	62
Diluted EPS	$2.66	$2.55	$2.36	$2.94	$4.16	$5.19	$4.98	$2.47	−$2.69	−$2.58	$0.05	−$0.87	−$3.63	$2.01	$2.29	$2.77	$1.20	$0.89
Diluted shares (average)	40m	40m	40m	41m	41m	40m	39m	38m	37m	37m	36m	35m	35m	31m	32m	51m	69m	69m
EBITDA	160	160	153	188	253	310	279	145	−28	−87	37	−31	−95	94	120	80	193	163

US$ millions unless shown otherwise. Fiscal quarters.

Innovex International, Inc.: income 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
Revenue	152	251	240	224	240	274	239	245
Cost of revenue	99	166	164	153	164	194	155	161
Gross profit	53	85	77	72	76	79	85	84
Selling, general and administrative	38	38	32	29	36	32	42	39
Operating income	−13	27	22	23	62	26	−22	34
Interest expense	1	0	1	1	1	1	−0	−1
Income before tax	80	27	21	22	58	27	−22	35
Income tax	−3	−4	7	7	19	13	−5	10
Net income	83	32	15	15	39	14	−17	25
Diluted EPS	$1.99	−$0.31	$0.21	$0.22	$0.57	$0.20	−$0.24	$0.36
EBITDA	−5	39	37	38	78	41	−6	50

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: AESI vs INVX INVX vs NOA INVX vs TISI

More: Oil & Gas Equipment & Services stocks compared, Energy sector, rankings of US companies

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.