Innovex International Financial Statements
NYSE: INVXConsumer DiscretionaryOil and Gas Field MachineryUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Innovex International revenue and earnings
In fiscal 2025, Innovex International generated $978.3 million in revenue, up 48.0% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $83.3 million (-40.6% year over year), for a net margin of 8.5% versus a median of 17.4% in the prior 5 years. Gross margin was 31.0% (down from 35.2%) and operating margin 13.6%.
Diluted earnings per share came in at $1.20, down from $2.77. Over the last 5 fiscal years, INVX's revenue has grown at a 21.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Innovex International income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 978.25M | 660.80M | 424.06M | 361.92M | 322.45M | 364.97M | 414.81M | 384.63M | 455.47M | 538.73M |
| Revenue growth (YoY) | +48.04% | +55.83% | +17.17% | +12.24% | -11.65% | -12.01% | +7.85% | -15.55% | -15.46% | -36.19% |
| Cost of Revenue | 674.97M | 428.17M | 360.10M | 309.07M | 309.27M | 269.70M | 295.01M | 293.57M | 330.24M | 328.40M |
| Gross Profit | 303.28M | 232.63M | 63.96M | 52.85M | 13.18M | 95.28M | 119.80M | 91.05M | 125.23M | 210.33M |
| Operating Expenses | 170.66M | 183.56M | -33.32M | -22.99M | 138.52M | 158.83M | 117.00M | 213.79M | 194.36M | 97.47M |
| Research & Development | 6.70M | 3.70M | 3.00M | 2.50M | — | — | — | — | — | — |
| Selling, General & Admin | 128.79M | 116.18M | 72.80M | 59.19M | 115.04M | 95.06M | 98.41M | 102.10M | 113.59M | 53.25M |
| Operating Income | 132.63M | 49.08M | 97.28M | 75.84M | -125.33M | -63.56M | 2.80M | -122.74M | -69.14M | 112.86M |
| Interest Expense | 2.58M | 2.43M | 5.51M | 4.03M | 787.00K | 621.00K | 314.00K | 291.00K | 72.00K | 28.00K |
| Other Income (Expense) | 1.83M | -298.00K | -385.00K | 1.12M | — | — | — | — | — | — |
| Pretax Income | 128.53M | 142.81M | 94.37M | 72.93M | -125.55M | -62.05M | 10.43M | -114.99M | -65.64M | 115.87M |
| Income Tax | 45.23M | 2.49M | 20.44M | 9.65M | 2.95M | -31.28M | 8.71M | -19.29M | 34.99M | 22.65M |
| Net Income | 83.30M | 140.32M | 73.93M | 63.28M | -128.49M | -30.77M | 1.72M | -95.69M | -100.64M | 93.22M |
| Net Income growth (YoY) | -40.64% | +89.82% | +16.83% | — | — | -1888.84% | — | — | -207.96% | -51.45% |
| EPS (Basic) | 1.21 | 2.82 | 2.39 | 2.07 | -3.63 | -0.87 | 0.05 | -2.58 | -2.69 | 2.48 |
| EPS (Diluted) | 1.20 | 2.77 | 2.29 | 2.01 | -3.63 | -0.87 | 0.05 | -2.58 | -2.69 | 2.47 |
| Shares Outstanding (Basic) | 69.01M | 49.73M | 30.93M | 30.54M | 35.33M | 35.26M | 35.84M | 37.08M | 37.46M | 37.54M |
| Shares Outstanding (Diluted) | 69.38M | 50.63M | 32.34M | 31.44M | 35.33M | 35.26M | 36.15M | 37.08M | 37.46M | 37.67M |
| EBITDA | 193.37M | 80.28M | 119.94M | 94.31M | -94.95M | -31.17M | 36.82M | -87.43M | -28.16M | 144.72M |
| Gross Margin | 31.00% | 35.20% | 15.08% | 14.60% | 4.09% | 26.10% | 28.88% | 23.67% | 27.49% | 39.04% |
| Operating Margin | 13.56% | 7.43% | 22.94% | 20.96% | -38.87% | -17.41% | 68.00% | -31.91% | -15.18% | 20.95% |
| Net Margin | 8.51% | 21.24% | 17.43% | 17.48% | -39.85% | -8.43% | 41.00% | -24.88% | -22.10% | 17.30% |
This table shows 10 annual periods of Innovex International's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow INVX's reporting calendar. What is a income statement?