10x Insights
Loading account…
Companies / Energy / Innovex International, Inc.
INVX

Innovex International, Inc.

EnergyIndustrial Machinery
Ticker INVXHUMBLE, TXFiscal year ends DecemberBook value per share $15.97Diluted shares 69.9M

Innovex International, Inc. (NYSE: INVX) designs, manufactures, sells and rents engineered products for the global oil and natural gas industry. Its products support well construction, completion, production and intervention, including wellheads, liner hanger systems, frac plugs, centralizers, artificial-lift… From the company’s description.

Over the twelve months to Sep 30, 2026, Innovex International, Inc. reported revenue of $1.02B, up 7.0% from a year earlier, and net income of $48.61M. Its operating margin was 6.9%, and operations generated $147.93M in cash. In fiscal 2025, it reported revenue of $978.25M, up 48.0% from fiscal 2024, and net income of $83.30M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$978.25MFY2025
+48.0% year over year
Last 12 mo $1.02B
13.56%FY2025
+6.1 percentage points
Last 12 mo 6.85%
$83.30MFY2025
−40.6% year over year
Last 12 mo $48.61M
7.88%FY2025
−6.8 percentage points
Last 12 mo 4.35%
Cash & financing
$190.91MFY2025
+104.3% year over year
Last 12 mo $147.93M
$155.78MFY2025
+95.1% year over year
Last 12 mo $120.10M
0.02FY2025
Was 0.04× a year earlier
Last 12 mo 0.02
69.4MFY2025
+37.0% year over year
Last 12 mo 69.9M

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. (NYSE: INVX) designs, manufactures, sells and rents engineered products for the global oil and natural gas industry. Its products support well construction, completion, production and intervention, including wellheads, liner hanger systems, frac plugs, centralizers, artificial-lift accessories, fishing tools and subsea equipment; it also provides rentals and field services. Customers include international and national oil companies, exploration and production operators, and oilfield service companies. In 2025, about 70% of revenue came from product sales, 17% from rentals and 13% from services. The company operates across North America, International and Offshore markets, which contributed approximately 52% and 48% of 2025 revenue, respectively. Revenue totaled approximately $978 million in fiscal 2025. Innovex was formed in 2024 through the merger of Dril-Quip and Legacy Innovex and acquired Downhole Well Solutions, SCF Machining and Citadel Casing Solutions. It had 2,160 employees at year-end 2025. Its website is www.innovex-inc.com.

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 2011–2025 · USD
$-243.60M$101.72M$447.04M$792.37M$1.14B201120122013201420152016201720182019202020212022202320242025Last 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
35.2%
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
—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.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Innovex International, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Innovex International, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Innovex International, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.