INVX on NYSE
Innovex International, Inc.
American oil and gas field machinery and equipment company based in Houston.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Cactus Inc., Forum Energy Technologies or Oil States International, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 70% of the revenue Innovex International, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Product | $460.8M | $527.4M | $685.3M |
| Leasing | $31.3M | $50.3M | $166.7M |
| Service | $63.4M | $83.1M | $126.3M |
Regions
United States brought in 44% of the revenue Innovex International, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $356.6M | $326.3M | $428.4M |
| United States Offshore | $39.1M | $85.6M | $112.3M |
| Other MEAP | $39.3M | $62.0M | $102.7M |
| Canada | $9.6M | $34.8M | $87.0M |
| East and Central Africa | $21.1M | $35.8M | $81.6M |
| SA | $47.5M | $61.2M | $69.6M |
| Brazil | $3.9M | $18.9M | $39.7M |
| Mexico | $24.4M | $21.8M | $38.0M |
| AR | $8.4M | $6.9M | $9.5M |
| Latin America | $5.7M | $7.5M | $9.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue69¢$675.0M
- Research and development1¢$6.7M
- Selling, general and admin13¢$128.8M
- Other costs4¢$36.7M
- Interest0¢$2.6M
- Income tax5¢$45.2M
- Profit9¢$83.3M
Out of $978.3M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$190.9M
Out of $190.9M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $978.3M | $660.8M | $555.5M |
| Total cost of revenues | $675.0M | $428.2M | $360.1M |
| Selling, general and administrative expenses | $128.8M | $116.2M | $72.8M |
| (Gain) loss on sale of assets | -$39.8M | -$654.0K | $106.0K |
| Depreciation and amortization | $60.7M | $31.2M | $22.7M |
| Impairment of long-lived assets | $3.4M | $3.5M | $266.0K |
| Acquisition and integration costs | $17.5M | $33.3M | $2.3M |
| Income from operations | $132.6M | $49.1M | $97.3M |
| Interest expense | $2.6M | $2.4M | $5.5M |
| Other (income) expense, net | -$1.8M | $298.0K | $385.0K |
| Equity method earnings | $0 | -$2.6M | -$3.0M |
| Bargain purchase loss (gain) | $3.3M | -$85.8M | $0 |
| Gain on consolidation of equity method investment | $0 | -$8.0M | $0 |
| Income before income taxes | $128.5M | $142.8M | $94.4M |
| Income tax expense | $45.2M | $2.5M | $20.4M |
| Net income | $83.3M | $140.3M | $73.9M |
| Foreign currency translation adjustment | $12.9M | -$11.0M | -$1.8M |
| Comprehensive income | $96.2M | $129.4M | $72.2M |
| Basic | $1.21 | $2.82 | $2.39 |
| Diluted | $1.20 | $2.77 | $2.29 |
| Basic | 69.0M shares | 49.7M shares | 30.9M shares |
| Diluted | 69.4M shares | 50.6M shares | 32.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2024-08-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and restricted cash | $203.4M | $73.3M | |||
| Trade receivables, net of allowance of $19,752 and $63,875 at December 31, 2025 and December 31, 2024, respectively | $237.8M | $239.5M | |||
| Contract assets | $2.7M | $5.1M | |||
| Inventories | $248.4M | $271.2M | |||
| Assets held for sale | $0 | $4.7M | |||
| Prepaid expenses and other current assets | $35.7M | $47.6M | |||
| Total current assets | $728.0M | $641.4M | |||
| Property and equipment, net | $158.9M | $190.8M | |||
| Right of use assets - operating | $52.2M | $54.9M | |||
| Goodwill | $99.7M | $60.2M | $23.9M | ||
| Intangibles, net | $116.2M | $108.4M | |||
| Deferred tax asset, net | $102.4M | $134.5M | |||
| Other long-term assets | $10.9M | $7.4M | |||
| Total noncurrent assets | $540.3M | $556.1M | |||
| Total assets | $1.3B | $1.2B | |||
| Accounts payable | $60.7M | $65.2M | |||
| Accrued expenses | $49.1M | $60.6M | |||
| Operating lease liabilities | $12.7M | $10.5M | |||
| Contract liabilities | $12.0M | $13.5M | |||
| Current portion of long-term debt and finance lease obligations | $6.7M | $10.5M | |||
| Other current liabilities | $6.9M | $2.4M | |||
| Total current liabilities | $148.2M | $162.7M | |||
| Long-term debt and finance lease obligations | $18.9M | $24.9M | |||
| Operating lease liabilities | $41.0M | $45.2M | |||
| Deferred income taxes | $500.0K | $624.0K | |||
| Other long-term liabilities | $2.0M | $6.0M | |||
| Total noncurrent liabilities | $62.4M | $76.7M | |||
| Total liabilities | $210.6M | $239.3M | |||
| Preferred stock: 10,000,000 shares authorized at $0.01 par value (none issued) | $0 | $0 | |||
| Common stock: $0.01 par value, 200,000,000 and 100,000,000 shares authorized at December 31, 2025 and December 31, 2024, respectively; 69,077,237 and 69,178,263 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $691.0K | $692.0K | |||
| Additional paid-in capital | $767.6M | $755.1M | |||
| Accumulated other comprehensive income (loss) | $4.1M | -$8.9M | |||
| Retained earnings | $285.3M | $211.2M | |||
| Total stockholders' equity | $1.1B | $958.2M | $328.9M | $251.3M | |
| Total liabilities and stockholders' equity | $1.3B | $1.2B | |||
| Trade receivables, net of allowance | $19.8M | $63.9M | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |||
| Preferred stock, par value | $0.01 | $0.01 | $0.01 | ||
| Preferred stock, shares issued | 0 shares | 0 shares | 10.0M shares | ||
| Common stock, par value | $0.01 | $0.01 | $0.01 | ||
| Common stock, shares authorized | 200.0M shares | 100.0M shares | 110.0M shares | ||
| Common stock, shares issued | 69.1M shares | 69.2M shares | 100.0M shares | ||
| Common stock, shares outstanding | 69.1M shares | 69.2M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-08-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and restricted cash | $203.4M | $73.3M | |||
| Trade receivables, net of allowance of $19,752 and $63,875 at December 31, 2025 and December 31, 2024, respectively | $237.8M | $239.5M | |||
| Contract assets | $2.7M | $5.1M | |||
| Inventories | $248.4M | $271.2M | |||
| Assets held for sale | $0 | $4.7M | |||
| Prepaid expenses and other current assets | $35.7M | $47.6M | |||
| Total current assets | $728.0M | $641.4M | |||
| Property and equipment, net | $158.9M | $190.8M | |||
| Right of use assets - operating | $52.2M | $54.9M | |||
| Goodwill | $99.7M | $60.2M | $23.9M | ||
| Intangibles, net | $116.2M | $108.4M | |||
| Deferred tax asset, net | $102.4M | $134.5M | |||
| Other long-term assets | $10.9M | $7.4M | |||
| Total noncurrent assets | $540.3M | $556.1M | |||
| Total assets | $1.3B | $1.2B | |||
| Accounts payable | $60.7M | $65.2M | |||
| Accrued expenses | $49.1M | $60.6M | |||
| Operating lease liabilities | $12.7M | $10.5M | |||
| Contract liabilities | $12.0M | $13.5M | |||
| Current portion of long-term debt and finance lease obligations | $6.7M | $10.5M | |||
| Other current liabilities | $6.9M | $2.4M | |||
| Total current liabilities | $148.2M | $162.7M | |||
| Long-term debt and finance lease obligations | $18.9M | $24.9M | |||
| Operating lease liabilities | $41.0M | $45.2M | |||
| Deferred income taxes | $500.0K | $624.0K | |||
| Other long-term liabilities | $2.0M | $6.0M | |||
| Total noncurrent liabilities | $62.4M | $76.7M | |||
| Total liabilities | $210.6M | $239.3M | |||
| Preferred stock: 10,000,000 shares authorized at $0.01 par value (none issued) | $0 | $0 | |||
| Common stock: $0.01 par value, 200,000,000 and 100,000,000 shares authorized at December 31, 2025 and December 31, 2024, respectively; 69,077,237 and 69,178,263 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $691.0K | $692.0K | |||
| Additional paid-in capital | $767.6M | $755.1M | |||
| Accumulated other comprehensive income (loss) | $4.1M | -$8.9M | |||
| Retained earnings | $285.3M | $211.2M | |||
| Total stockholders' equity | $1.1B | $958.2M | $328.9M | $251.3M | |
| Total liabilities and stockholders' equity | $1.3B | $1.2B | |||
| Trade receivables, net of allowance | $19.8M | $63.9M | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |||
| Preferred stock, par value | $0.01 | $0.01 | $0.01 | ||
| Preferred stock, shares issued | 0 shares | 0 shares | 10.0M shares | ||
| Common stock, par value | $0.01 | $0.01 | $0.01 | ||
| Common stock, shares authorized | 200.0M shares | 100.0M shares | 110.0M shares | ||
| Common stock, shares issued | 69.1M shares | 69.2M shares | 100.0M shares | ||
| Common stock, shares outstanding | 69.1M shares | 69.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $83.3M | $140.3M | $73.9M |
| Depreciation and amortization | $60.7M | $31.2M | $22.7M |
| Deferred debt issuance cost amortization | $317.0K | $409.0K | $332.0K |
| Amortization of operating lease ROU asset | $12.5M | $8.3M | $7.4M |
| Impairment of long-lived assets | $3.4M | $3.5M | $266.0K |
| Bargain purchase loss (gain) | $3.3M | -$85.8M | $0 |
| Gain on consolidation of equity method investment | $0 | -$8.0M | $0 |
| Stock based compensation expense | $13.8M | $13.2M | $2.0M |
| (Gain) loss on sale of property, equipment and lease terminations | -$40.1M | -$939.0K | $533.0K |
| Deferred tax, net | $34.3M | -$4.6M | -$7.4M |
| Equity method earnings, net of dividends | $0 | $495.0K | -$1.7M |
| Trade receivables, net | $17.6M | $13.2M | $5.3M |
| Inventories | $46.6M | $7.9M | -$4.5M |
| Prepaid expenses and other current assets | $10.9M | -$7.8M | -$7.8M |
| Other long-term assets | -$3.8M | -$2.0M | $1.3M |
| Accounts payable | -$12.7M | -$22.3M | -$9.6M |
| Accrued expenses and other current liabilities | -$19.1M | $651.0K | $792.0K |
| Other operating assets and liabilities, net | -$20.2M | $5.7M | -$7.6M |
| Net cash provided by operating activities | $190.9M | $93.4M | $75.9M |
| Payments on acquisitions, net of cash acquired | -$83.7M | -$65.5M | $0 |
| Capital expenditures | -$35.1M | -$13.6M | -$15.5M |
| Proceeds from sale of property and equipment | $100.1M | $3.2M | $1.4M |
| Equity method investment | $0 | $0 | -$18.4M |
| Cash acquired in stock based business combination | $0 | $154.3M | $0 |
| Net cash (used in) provided by investing activities | -$18.7M | $78.4M | -$32.4M |
| Deferred debt issuance cost | -$1.5M | $0 | $393.0K |
| Revolving credit facility borrowings | $144.2M | $187.3M | $254.5M |
| Revolving credit facility payments | -$158.2M | -$196.5M | -$278.3M |
| Term loan payments | -$11.4M | -$6.3M | -$5.4M |
| Subordinated note payments | $0 | $0 | -$11.9M |
| Payments on finance leases | -$7.5M | -$5.7M | -$3.9M |
| Common stock repurchased and retired | -$9.3M | $0 | $0 |
| Dividend payment | $0 | -$75.0M | $0 |
| Proceeds from exercise of options | $0 | $3.3M | $0 |
| Taxes paid related to net share settlement of equity awards | -$1.2M | -$10.2M | $0 |
| Net cash used in financing activities | -$44.9M | -$103.1M | -$44.6M |
| Effect of exchange rate changes | $2.9M | -$2.9M | $118.0K |
| Net change in cash and restricted cash | $130.1M | $65.9M | -$1.0M |
| Cash paid for interest | $1.0M | $2.0M | $5.7M |
| Property and equipment purchases in accounts payable | $14.0K | $1.6M | $243.0K |
| Operating lease assets obtained in exchange for lease obligations | $11.4M | $31.6M | $13.1M |
| Finance lease assets obtained in exchange for lease obligations | $22.9M | $6.4M | $6.4M |
| Stock issuance related to business acquisition | $0 | $568.5M | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Innovex International, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJeffrey J. Bird Jan 4, 2022 to Sep 10, 202411
- Chief executive officerBlake T. Deberry Oct 31, 2011 to Jan 3, 202212
- ChairGary D. Smith Jan 17, 2006 to Sep 16, 200913
- ChairLarry E. Reimert Jun 6, 2006 to Dec 29, 201014
- PresidentMark Reddout Sep 10, 2024 to now15
- PresidentJeffrey J. Bird May 18, 2020 to Sep 10, 202416
- PresidentBlake T. Deberry Oct 31, 2011 to Oct 2, 202012
- Chief financial officerKendal Reed Sep 10, 2024 to now17
- Chief financial officerKyle McClure Jan 3, 2022 to Sep 10, 202418
- Chief financial officerJeffrey J. Bird Mar 15, 2017 to Nov 8, 201919
- Chief financial officerJerry M. Brooks Aug 7, 2006 to Nov 18, 201620
- Chief operating officerJeffrey J. Bird May 18, 2020 to Nov 1, 202116
- Chief operating officerJames A. Gariepy Oct 31, 2011 to Oct 30, 201821
Board members and other officers (20)
- VP - Subsea ProductsDonald M. Underwood Mar 4, 2022 to Sep 10, 202422
- VP - Gen Counsel & SecretaryJames C. Webster Oct 29, 2013 to Sep 10, 202423
- Senior Vice PresidentBlake T. Deberry Jul 18, 2011 to Jul 18, 201124
- Senior Vice PresidentJames A. Gariepy Jul 18, 2011 to Jul 18, 201125
- Board memberWilliam Robert Donnell V. Mar 6, 2025 to Mar 6, 202526
- Board memberBenjamin Matthew Fink Jul 16, 2024 to now27
- Board memberAngie Sedita Sep 10, 2024 to now28
- Board memberBonnie S. Black Sep 10, 2024 to now29
- Board memberJason Turowsky Sep 10, 2024 to now30
- Board memberW. Patrick Connelly Sep 10, 2024 to Sep 10, 202430
- Board memberJeffrey J. Bird Jan 4, 2022 to Sep 10, 202411
- Board memberCarri A. Lockhart Mar 21, 2022 to now31
- Board memberDarryl Keith Willis Jun 30, 2021 to Jul 2, 202432
- Board memberAmy B. Schwetz Sep 27, 2019 to Mar 19, 202433
- Board memberA. P. Shukis May 10, 2012 to Apr 4, 202234
- Board memberTerence Bartlett Jupp Nov 16, 2012 to now35
- Board memberJohn Lovoi Feb 14, 2011 to now36
- Board memberBlake T. Deberry Oct 31, 2011 to Jan 3, 202212
- Board memberGary L. Stone Mar 31, 2006 to Mar 31, 200637
- General counselJames C. Webster Nov 14, 2011 to Oct 30, 201438
Former names
- DRIL-QUIP INCSep 30, 1997 to Sep 5, 20242
Timeline
Filings
422 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 58 major events, 214 insider forms, 50 large holders, 77 other. The latest 20:
- Oct 5, 2026SCHEDULE 13G/A EDGAR
- Sep 9, 20264 EDGAR
- Sep 9, 20264 EDGAR
- Sep 9, 20264 EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 10, 20268-K EDGAR
- Aug 10, 2026424B7 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 2026SCHEDULE 13D/A EDGAR
- Aug 6, 2026424B7 EDGAR
- Aug 5, 20264 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 4, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jul 1, 20268-K/A EDGAR
- Jun 15, 20268-K EDGAR
- Jun 3, 20264 EDGAR
- Jun 2, 2026144 EDGAR
The 422 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 50 such filings since October 2021, the latest 10:
- Oct 5, 2026SCHEDULE 13G/A
- Aug 13, 2026SCHEDULE 13G/A
- Aug 13, 2026SCHEDULE 13G/A
- Aug 10, 2026SCHEDULE 13D/A
- May 15, 2026SCHEDULE 13G
- May 14, 2026SCHEDULE 13G/A
- Mar 27, 2026SCHEDULE 13G/A
- Feb 27, 2026SCHEDULE 13D/A
- Nov 13, 2025SCHEDULE 13G/A
- Jul 29, 2025SCHEDULE 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 6,467,302 | $160.4M | 0.0% | +429,988 |
| Brandes Investment Partners, LP | 5,727,445 | $142.0M | 1.0% | −855,970 |
| Dimensional Fund Advisors LP | 2,874,572 | $71.3M | 0.0% | +228,196 |
| Vanguard Portfolio Management LLC | 2,753,070 | $68.3M | 0.0% | +75,176 |
| Wellington Management Group Llp | 2,687,950 | $66.7M | 0.0% | −965,436 |
| Driehaus Capital Management LLC | 1,958,268 | $48.6M | 0.3% | +421,959 |
| Vanguard Capital Management LLC | 1,907,929 | $47.3M | 0.0% | −23,282 |
| State Street Corp | 1,891,701 | $46.9M | 0.0% | +175,423 |
| Gamco Investors, Inc. Et Al | 1,709,798 | $42.4M | 0.4% | −24,895 |
| Fmr LLC | 1,218,242 | $30.2M | 0.0% | −100,873 |
| Geode Capital Management, LLC | 1,209,820 | $30.0M | 0.0% | +267,887 |
| American Century Companies Inc | 1,074,321 | $26.6M | 0.0% | +372,217 |
| Silvercrest Asset Management Group LLC | 929,203 | $23.0M | 0.2% | New |
| Van Eck Associates Corp | 879,677 | $21.8M | 0.0% | −148,989 |
| Victory Capital Management Inc | 828,851 | $20.6M | 0.0% | −37,596 |
| Loomis Sayles & Co L P | 828,455 | $20.5M | 0.0% | +157,146 |
| Neuberger Berman Group LLC | 776,903 | $17.4M | 0.0% | +38,533 |
| Bank Of America Corp /de/ | 666,940 | $16.5M | 0.0% | +12,675 |
| MetLife Investment Management, LLC | 663,735 | $16.5M | 0.1% | +12,258 |
| Investment Management Associates Inc /adv | 605,042 | $15.0M | 3.8% | −26,664 |
| Morgan Stanley | 599,193 | $14.9M | 0.0% | −41,207 |
| Invesco Ltd. | 557,464 | $13.8M | 0.0% | −136,350 |
| Bridgeway Capital Management, LLC | 504,278 | $12.5M | 0.2% | +4,299 |
| Northern Trust Corp | 483,296 | $12.0M | 0.0% | +61,213 |
| Hotchkis & Wiley Capital Management LLC | 471,243 | $11.7M | 0.0% | +58,670 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Nov 25, 2025 | Debbie Wasserman SchultzDemocratic, House | Sale | $1,140 | −7.3% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARGary D. Smith, Chair
- 14SEC EDGARLarry E. Reimert, Chair
- 15SEC EDGARMark Reddout, President
- 16SEC EDGARJeffrey J. Bird, President
- 17SEC EDGARKendal Reed, Chief financial officer
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- 27SEC EDGARBenjamin Matthew Fink, Board member
- 28SEC EDGARAngie Sedita, Board member
- 29SEC EDGARBonnie S. Black, Board member
- 30SEC EDGARJason Turowsky, Board member
- 31SEC EDGARCarri A. Lockhart, Board member
- 32SEC EDGARDarryl Keith Willis, Board member
- 33SEC EDGARAmy B. Schwetz, Board member
- 34SEC EDGARA. P. Shukis, Board member
- 35SEC EDGARTerence Bartlett Jupp, Board member
- 36SEC EDGARJohn Lovoi, Board member
- 37SEC EDGARGary L. Stone, Board member
- 38SEC EDGARJames C. Webster, General counsel