Every 10-Q that Innovex International, Inc. (INVX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow INVX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full INVX filings page.
Innovex International, Inc. designs and rents engineered well-centric products for the global oil and gas industry. For the quarter ended June 30, 2026, revenue rose 9% to $244.9 million, with net income of $25.0 million (diluted EPS $0.36) versus $15.3 million a year earlier. Growth in North American and international activity and a $9.9 million gain on asset sales offset higher selling, general and administrative expenses.
For the first six months of 2026, revenue was $483.9 million compared with $464.6 million, but net income fell to $8.4 million from $30.1 million, primarily due to a $51.6 million legal settlement provision related to the Impulse litigation. Adjusted EBITDA represented about 20.1% of revenue. Operating cash flow was $56.9 million, capital expenditures were $12.5 million, and cash and restricted cash totaled $222.1 million with $25.1 million of finance-lease debt and no revolver borrowings. In 2026 the company acquired Drilling Innovative Solutions for $17.6 million and agreed to acquire TCO Group for roughly $95 million, and it repurchased 575,000 shares for about $14.1 million under its $100 million buyback program.
Innovex International, Inc. reported a sharp swing to a quarterly loss driven by a large legal charge, while underlying operations remained solid. Revenue for the three months ended March 31, 2026 was $239.0 million, essentially flat versus $240.4 million a year earlier, with 57% from North America and 43% from international and offshore markets.
The company posted a net loss of $16.7 million, compared with net income of $14.8 million in the prior-year quarter, mainly due to a $48.8 million provision for a legal settlement related to the Impulse patent litigation and associated legal costs. Excluding this and other non‑recurring items, Adjusted EBITDA rose to $49.3 million, or 21% of revenue, up from $45.9 million and a 19% margin.
Innovex ended the quarter with $200.7 million of cash and restricted cash, no borrowings under its $200 million revolving credit facility, and $24.2 million of finance lease obligations. The company repurchased and retired 575,000 shares for about $14.1 million under its $100 million Share Repurchase Program, leaving $76.6 million of remaining authorization, and continued to execute its acquisition strategy, including the April 2026 purchase of Drilling Innovative Solutions.
Innovex International (INVX) reported strong top-line growth. Q3 2025 revenue was $240,000 thousand versus $151,817 thousand a year ago, driven by gains across products, services, and rentals. Net income was $39,228 thousand, reflecting a $40,918 thousand gain on sale of assets and a $3,342 thousand bargain purchase loss. For the first nine months, revenue reached $704,649 thousand versus $410,116 thousand, with net income of $69,330 thousand.
Cash and restricted cash rose to $163,374 thousand from $73,278 thousand as total liabilities declined to $214,956 thousand and equity increased to $1,038,954 thousand. The company closed acquisitions of Citadel for $69,663 thousand and SCF for $17,721 thousand, expanded intangible assets and goodwill, and completed the sale of its Eldridge facility. A new $200,000 thousand revolving credit facility now matures in 2030, and the term loan was eliminated. INVX authorized a $100,000 thousand share repurchase program and bought 624,531 shares for approximately $9,280 thousand year‑to‑date, with $90,700 thousand remaining authorization.