INVX

Innovex International, Inc. Industrials Oil & Gas Field Machinery & Equipment Russell 3000
$28.08Close $1.9BMarket cap $19.52 – $31.6352-week range Late-januaryNext report · estimated

Highlights

Strengths

  • Earnings growing EPS +62% year on year, faster than the quarter before (+276 pts)

Cautions

  • Trend not confirmed 6 of 8 conditions · under the 50-day, RS under 70

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 4, 2026
Off 12-month high 11%
1wk down 6.1% price change
1mo up 3.9% price change
12-month return up 36% market up 11% · its own up 22%
F-score 6 / 9 Mixed
Altman Z 7.51 Low risk
P/E 23.3× price / earnings
PEG — P/E / EPS growth
P/B 1.8× price / book
Earnings yield up 7.5% EBIT / enterprise value
Cheaper than 82% of the market · markedly cheap
Revenue growth up 48% year on year
EPS growth up 62% latest quarter · +276 pts
Sales growth up 9% latest quarter · +10 pts
ROE up 8% return on equity
Free cash margin up 20% $190.9M FCF
D/E 0.02 long-term debt / equity
Net debt / EBITDA -0.9× net cash
Interest cover 51.4×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • no new shares issued

Repair signals

  • Long-term debt down 28% ($0.0B → $0.0B)

Trade setup

ATR% 4.8% $1.35 a day · 2×ATR $25.39
RS 61 / 99 vs the universe
Trend 6 / 8 under the 50-day, RS under 70
Relative volume 1.7× vs 50-day average
Up/down volume 0.69 50 sessions
Implied move — no scheduled report
Trend template · 6 of 8
  • Price above the 50-day average: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 35.2% to 31.0%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Oct 29, 2026
Results reaction Oct 29, 2026-5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $978.3M +48% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $334.4M FY2021 · $287.9M FY2022 · $467.2M FY2023 · $555.5M FY2024 · $660.8M FY2025 · $978.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $83.3M -41% on FY2024
-$200M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$30.8M FY2021 · -$128.5M FY2022 · $63.3M FY2023 · $73.9M FY2024 · $140.3M FY2025 · $83.3M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $190.9M +104% on FY2024
-$50M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$33.0M FY2021 · $28.4M FY2022 · -$24.7M FY2023 · $43.2M FY2024 · $93.4M FY2025 · $190.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 31%
  • Net 9%
  • Free cash 20%
-50% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 19% · Net -9% · Free cash -10% FY2021 · Gross -7% · Net -45% · Free cash 10% FY2022 · Gross 34% · Net 14% · Free cash -5% FY2023 · Gross 35% · Net 13% · Free cash 8% FY2024 · Gross 35% · Net 21% · Free cash 14% FY2025 · Gross 31% · Net 9% · Free cash 20%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $177.8M net cash
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $346.0M FY2021 · Cash $355.5M FY2022 · Cash $259.4M FY2023 · Cash $187.3M · Long-term debt $50.4M FY2024 · Cash $73.3M · Long-term debt $35.4M FY2025 · Cash $203.4M · Long-term debt $25.6M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 69.08m +95.0% since FY2020
69.18m 30.93m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 35.42m FY2021 · 34.77m FY2022 · 34.16m FY2023 · 30.93m FY2024 · 69.18m FY2025 · 69.08m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $334.4M $287.9M $467.2M $555.5M $660.8M $978.3M
Gross margin 19% -7% 34% 35% 35% 31%
Operating income -$63.6M -$125.3M $75.8M $97.3M $49.1M $132.6M
Net income -$30.8M -$128.5M $63.3M $73.9M $140.3M $83.3M
Net margin -9% -45% 14% 13% 21% 9%
Earnings per share -$0.87 -$3.64 $2.01 $2.29 $2.77 $1.20
Free cash flow -$33.0M $28.4M -$24.7M $43.2M $93.4M $190.9M
Free cash margin -10% 10% -5% 8% 14% 20%
Cash $346.0M $355.5M $259.4M $187.3M $73.3M $203.4M
Long-term debt — — — $50.4M $35.4M $25.6M
Shareholders' equity $1.0B $180.6M $251.3M $328.9M $958.2M $1.1B
Shares outstanding 35.42m 34.77m 34.16m 30.93m 69.18m 69.08m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 4, 2026 Quarterly ↗ Jun 30, 2026 35d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 24, 2026 Annual ↗ Dec 31, 2025 55d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Mar 3, 2025 Annual ↗ Dec 31, 2024 62d
Nov 8, 2024 Quarterly ↗ Sep 30, 2024 39d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 2, 2024 Quarterly ↗ Mar 31, 2024 32d
Feb 27, 2024 Annual ↗ Dec 31, 2023 58d
Nov 1, 2023 Quarterly ↗ Sep 30, 2023 32d

Current reports