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Companies / Energy / Innovex International, Inc.
INVX

Innovex International, Inc.

EnergyIndustrial Machinery
Ticker INVXHUMBLE, TXFiscal year ends DecemberBook value per share $15.21Diluted shares 69.6M

Innovex International, Inc. operates as a global designer, manufacturer, and provider of mission-critical engineered products for the oil and natural gas industry. The company's website is www.innovex-inc.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$978.25M
+48.0% year over year
Last 12 mo $997.53M
13.56%
+6.1 percentage points
Last 12 mo 10.03%
$83.30M
−40.6% year over year
Last 12 mo $61.56M
7.88%
−6.8 percentage points
Last 12 mo 5.82%
Cash & financing
$190.91M
+104.3% year over year
Last 12 mo $157.48M
$155.78M
+95.1% year over year
Last 12 mo $124.23M
0.02
Was 0.04× a year earlier
Last 12 mo 0.02
69.4M
+37.0% year over year
Last 12 mo 69.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Innovex International, Inc. does

In the company’s own words

Innovex International, Inc. operates as a global designer, manufacturer, and provider of mission-critical engineered products for the oil and natural gas industry. The company's website is www.innovex-inc.com.

Innovex serves customers across the complete well lifecycle, from drilling and completion through production and intervention phases. The company's product portfolio spans drilling enhancement tools, fishing and intervention equipment, production solutions including artificial lift systems, subsea solutions, surface wellheads, well completion products, and well construction tools. Approximately 70 percent of revenue derives from product sales, with rental tools accounting for 17 percent and services representing 13 percent of total revenue.

The company operates across North America, the Middle East, Latin America, Europe, Africa, and the Gulf of America. In 2025, North American operations generated approximately 52 percent of revenue while International and Offshore markets contributed 48 percent. Innovex maintains manufacturing and production facilities in Texas, Louisiana, Scotland, Singapore, Brazil, Canada, Vietnam, and Saudi Arabia, complemented by a network of third-party manufacturing partners globally.

Innovex was formed through the September 2024 merger of Legacy Innovex Downhole Solutions, Inc. and Dril-Quip, Inc., with the combined entity adopting the Innovex International name. The company has pursued a disciplined acquisition strategy, including the November 2024 acquisition of an 80 percent stake in Downhole Well Solutions, the February 2025 acquisition of SCF Machining Corporation, and the May 2025 acquisition of Citadel Casing Solutions. As of December 31, 2025, the company employed 2,160 people and served 1,719 active customers during the preceding twelve-month period.

The company estimates its total addressable market at approximately 8.0 billion dollars, comprising a 3.5 billion dollar North American market and a 4.5 billion dollar International and Offshore market. Innovex maintains a broad customer base including major international oil companies, national oil companies, exploration and production operators, and multinational oilfield service providers. The company's competitive positioning rests on technology innovation, service quality, safety track record, and pricing competitiveness within highly competitive markets.

Company details
Sector
Energy
Industry (SIC)
Industrial Machinery
Headquarters
HUMBLE, TX
Fiscal year end
December
CIK
1042893
SIC
3533

Financial performance, year by year

Fiscal 2013–2025 · USD
$-241.10M$96.71M$434.52M$772.32M$1.11B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Innovex International, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

304
funds hold it
0 of 35
superinvestors hold it
$633.63M
held by funds, at market
35.3%
of shares held by funds

Largest fund holders · Innovex International, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.05%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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