Welcome to our dedicated page for Innovex International news (Ticker: INVX), a resource for investors and traders seeking the latest updates and insights on Innovex International stock.
Innovex International, Inc. reports developments for a global energy-products business serving oil and natural gas operators across the well lifecycle. The company was established in 2024 following the merger of Dril-Quip, Inc. and Innovex Downhole Solutions, Inc., and its portfolio includes subsea, surface wellhead, well construction, well completion, production solutions, fishing and intervention products.
News for INVX centers on quarterly results, capital allocation, share repurchase activity, selling-stockholder offerings, product introductions, cross-selling across its platform and completed acquisitions such as Drilling Innovative Solutions. Updates also cover operations across North America, Latin America, Europe, the Middle East and Asia.
Innovex International (NYSE: INVX) announced the pricing of an underwritten secondary offering of 5,000,000 shares of common stock to be sold by certain affiliates of Amberjack Capital Partners. Innovex is not issuing any shares and will receive no proceeds. The offering is expected to close on August 10, 2026, subject to customary conditions, with Barclays acting as sole underwriter.
According to Innovex, shares may be sold on the NYSE, over-the-counter, or through negotiated transactions at market-related or negotiated prices, under an effective Form S-3 shelf registration and related prospectus supplements filed with the SEC.
Innovex International (NYSE: INVX) announced an underwritten public offering of 5,000,000 shares of its common stock to be sold by certain affiliates of Amberjack Capital Partners as selling stockholders. Innovex will not issue any new shares in this Offering and will not receive any proceeds.
The Offering’s completion is subject to market and other conditions. Barclays will act as sole underwriter and may sell shares on the NYSE, over-the-counter, or through negotiated transactions at prevailing or negotiated prices. The Offering will be made solely via a prospectus supplement and base prospectus under an effective Form S-3 shelf registration filed with the SEC.
Innovex (NYSE: INVX) reported second quarter 2026 revenue of $244.9 million, up 2% sequentially and 9% year-over-year, with net income of $25.0 million (10% margin) and Adjusted EBITDA of $48.0 million (20% margin). Net cash from operating activities was $37.0 million and Free Cash Flow was $30.4 million. The company ended the quarter with $222.1 million of cash and cash equivalents and no bank debt, and reported income from operations of $100 million and ROCE of 12% for the twelve months ended June 30, 2026.
Operationally, Innovex won an additional $20 million subsea tension riser award in Malaysia, completed its first XPak trial with a major independent in Asia, and closed the $95 million cash-and-stock acquisition of TCO on July 1, 2026. For Q3 2026, Innovex guides to revenue of $260–$270 million and Adjusted EBITDA of $51–$57 million, including TCO.
Innovex International (NYSE: INVX) will release its second quarter 2026 earnings results on August 3, 2026, after the market closes. Management will discuss the results on a public conference call and webcast on August 4, 2026 at 9:00 a.m. Eastern / 8:00 a.m. Central.
The call is open to all interested parties and may include forward-looking statements. Participants can join via webcast at https://events.q4inc.com/attendee/159948172 or by U.S. toll-free dial-in at +1 (833) 461-5787 or U.S. local dial-in at +1 (585) 542-9983, using Meeting ID 159948172. A replay will be available afterward through the Investors section of Innovex’s website.
Innovex (NYSE: INVX) completed its acquisition of TCO Group AS in a cash-and-stock deal valued at $95 million. The transaction is expected to enhance Innovex's margin profile and be accretive to earnings per share.
Innovex plans to leverage TCO's glass barrier technologies and its presence in Norway and the UAE to extend Innovex's portfolio reach.
Innovex (NYSE: INVX) signed an agreement to acquire TCO Group in a cash-and-stock deal valued at $95 million, expected to close early Q3 2026.
TCO generated 2025 net income of about $12 million and Adjusted EBITDA of $18 million, implying a valuation of 5.4x EBITDA and expected EPS accretion and ROCE above idle cash.
Innovex (NYSE: INVX) reported Q1 2026 results: revenue $239.0M (down 13% QoQ, down 1% YoY) and a net loss $16.7M. Adjusted EBITDA was $49.3M (21% margin), Free Cash Flow $14.0M, and cash of $201M with no bank debt. The company closed the $16M DIS acquisition, repurchased $14.1M of shares, and won two subsea awards in Asia each exceeding $20M. Q2 2026 guidance: revenue $235–$245M, Adjusted EBITDA $43–$48M.
Innovex International (NYSE: INVX) will release first quarter 2026 earnings after market close on May 4, 2026, followed by a conference call and webcast on May 5, 2026 at 9:00 a.m. ET / 8:00 a.m. CT to discuss results.
Webcast access, U.S. and international dial-in numbers, conference ID 1801745, and an audio replay available through midnight May 13, 2026 are provided. A webcast replay will be archived on the company's website shortly after the call.
Innovex (NYSE: INVX) completed the acquisition of Drilling Innovative Solutions (DIS) on April 20, 2026. Innovex will integrate DIS’s float valves (Sentinel, Defender) and the Gatekeeper Cement Retaining Collar into its “big-impact, small ticket” product portfolio to expand offerings globally.
The deal aims to leverage DIS’s Gulf-region operator relationships and consolidate complementary product lines to strengthen Innovex’s competitive position and distribution reach.
Innovex (NYSE: INVX) announced a fireside chat featuring CEO Adam Anderson and CFO Kendal Reed with investor Vitaliy Katsenelson during the Berkshire Hathaway Annual Meeting weekend.
The event is scheduled for Saturday, May 2, 2026 at the Hilton Omaha; a reception begins at 5:00 PM, with the chat from 5:30 PM–6:15 PM.