Innovex International, Inc. (INVX)

NYSE: INVX · Oil & Gas Field Machinery & Equipment · Humble, TX · filing with the SEC since 1997

Grade5.4

◀ Past 4.2● Present 5.0▶ Future 6.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Mar 3, 2025	Feb 27, 2024	Mar 1, 2023	Feb 23, 2022	Feb 25, 2021	Feb 27, 2020	Feb 27, 2019	Feb 27, 2018	Feb 28, 2017
Revenue	978,251	660,803	555,539	467,189^r	287,903	334,411	375,297	337,466	455,469	538,731
For lenders
Net interest income	·	·	8,188	4,249	-212	·	·	·	·	·
Cost of revenue	674,971	428,172	360,102^r	309,072^r	309,266^r	269,698	295,007	293,573^r	330,243^r	328,404
Research and development	6,700	3,700	3,000	2,500	·	·	·	·	·	·
Selling, general and administrative	128,793	116,181	72,797^r	59,194^r	115,036	95,057	98,412^r	102,097^r	113,588^r	53,246^r
Total costs and expenses	·	·	418,780	361,470^r	447,783	428,532	412,003	507,364	524,605	425,872
Operating income	132,625	49,075	97,282^r	75,843^r	-125,335^r	-63,559	2,803	-122,738	-69,136	112,859
Interest expense	2,582	2,430	5,506	4,034^r	787	621	314	291	72	28
Interest and investment income	·	·	·	4,465	575	2,131	7,940	8,040	3,564	3,037
Share of profit of equity-method investments	0	2,616	2,975	0	·	·	·	·	·	·
Other income (expense), net	1,828	-298	-385	1,120	·	·	·	·	·	·
Income before income taxes	128,529	142,812	94,366^r	72,929^r	-125,547^r	-62,049	10,429	-114,989	-65,644	115,868
Income tax expense	45,231	2,487	20,440^r	9,651^r	2,946	-31,281	8,709	-19,294	34,995	22,647
Net income including non-controlling interests	83,298	140,325	73,926	63,278	·	·	·	·	·	·
Net income	83,298	140,325	73,926^r	63,278^r	-128,493^r	-30,768	1,720	-95,695	-100,639	93,221
Earnings per share, basic	1.21	2.82	2.39^r	2.07^r	-3.63^r	-0.87	0.05	-2.58	-2.69	2.48
Earnings per share, diluted	1.20	2.77	2.29^r	2.01^r	-3.63^r	-0.87	0.05	-2.58	-2.69	2.47
Weighted average shares, basic	69,009,209	49,727,093	30,928,647^r	30,540,417^r	35,331,000	35,260,000	35,839,000	37,075,000	37,457,000^r	37,537,000
Weighted average shares, diluted	69,381,412	50,627,004	32,338,518^r	31,443,084^r	35,331,000	35,260,000	36,152,000	37,075,000	37,457,000^r	37,667,000

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton INVX · research, not advice