INVXNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
Innovex International, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$28.16+0.13 (+0.46%)
Close on Oct 19, 2026
- Market cap
- $1.96B
- P/E (TTM)
- 31.6
- Dividend yield
- –
Innovex International, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | – | – | – | – | – | $67.15M | $65.97M | $45.10M | $76.40M | $81.22M | – | – |
| Eastern Hemisphere | – | – | – | $76.27M | $53.21M | $80.36M | $118.18M | $107.06M | $98.48M | $142.02M | – | – |
| Western Hemisphere | – | – | – | – | – | – | – | – | $309.69M | $361.57M | – | – |
| Western Hemisphere | – | – | – | $246.39M | $227.32M | $228.35M | $239.82M | $249.89M | $309.69M | $361.57M | – | – |
| Asia-Pacific | – | – | – | $58.70M | $67.61M | $84.74M | $76.72M | $45.10M | $76.40M | – | – | – |
| Eastern Hemisphere | – | – | – | – | – | $70.37M | $104.57M | $91.41M | – | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate | – | – | -$32.50M | -$31.11M | -$66.53M | – | – | – | – | – | – |
| Segment Operating Income Loss | – | – | $37.78M | $31.56M | -$58.81M | – | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $685.29M | $527.39M | $460.80M | $402.02M | $213.26M | $258.83M | $303.28M | $265.05M | $351.13M | $433.01M | 70.1% | +29.9% |
| Rental | $166.70M | $50.28M | $31.35M | $31.65M | $35.04M | $30.56M | $39.51M | $47.16M | $42.39M | $41.63M | 17.0% | +231.5% |
| Service | $126.26M | $83.13M | $63.39M | $33.52M | $74.14M | $106.14M | $111.53M | $119.57M | $104.34M | $105.72M | 12.9% | +51.9% |
| Subsea Products | – | – | $198.32M | $194.25M | $168.36M | – | – | – | – | – | – | – |
| Well construction | – | – | $124.48M | $73.49M | $68.21M | – | – | – | – | – | – | – |
| Subsea Services | – | – | $101.26M | $94.19M | $85.88M | – | – | – | – | – | – | – |
| Reconditioning | – | – | – | $21.13M | $12.50M | $20.29M | $15.59M | $15.80M | $11.02M | $17.76M | – | – |
| Technical Advisory | – | – | – | $58.06M | $61.64M | $55.29M | $56.43M | $56.62M | $50.93M | $46.33M | – | – |
| Total Services | – | – | $105.68M | $79.13M | $74.14M | $75.58M | $72.02M | $72.41M | $61.95M | $64.09M | – | – |
| Total Services (excluding Leasing) | – | – | – | $79.20M | $74.14M | $75.58M | $72.02M | $72.41M | $61.95M | – | – | – |
| Running Tools | – | – | – | – | – | $28.50M | $39.00M | – | – | – | – | – |
| Rental Facilities | – | – | – | – | – | $2.10M | $500.00K | – | – | – | – | – |
| Well Construction Services | – | – | $33.44M | $18.19M | $16.06M | – | – | – | – | – | – | – |
| Subsea Leasing | – | – | $29.02M | $33.69M | $27.97M | – | – | – | – | – | – | – |
| Well Construction Leasing | – | – | $18.34M | $8.34M | $7.07M | – | – | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAM | $511.16M | $361.06M | $366.12M | $329.75M | – | – | – | – | – | – | 52.3% | +41.6% |
| International and Offshore | $467.10M | $299.74M | $189.42M | $137.44M | – | – | – | – | – | – | 47.7% | +55.8% |
| United States | $428.38M | $326.29M | $356.56M | $122.30M | $116.70M | – | – | – | – | – | 43.8% | +31.3% |
| US - Offshore | $112.30M | $85.57M | $39.12M | – | – | – | – | – | – | – | 11.5% | +31.2% |
| Other - MEAP | $102.73M | $61.96M | $39.28M | – | – | – | – | – | – | – | 10.5% | +65.8% |
| Canada | $86.99M | $34.77M | $9.55M | – | – | – | – | – | – | – | 8.9% | +150.2% |
| Other - ECAF | $81.58M | $35.77M | $21.10M | – | – | – | – | – | – | – | 8.3% | +128.1% |
| Saudi Arabia | $69.57M | $61.24M | $47.53M | – | – | – | – | – | – | – | 7.1% | +13.6% |
| Brazil | $39.74M | $18.93M | $3.89M | – | – | – | – | – | – | – | 4.1% | +109.9% |
| Mexico | $38.03M | $21.80M | $24.37M | – | – | – | – | – | – | – | 3.9% | +74.5% |
| Argentina | $9.52M | $6.94M | $8.43M | – | – | – | – | – | – | – | 1.0% | +37.3% |
| Latin America | $9.42M | $7.54M | $5.69M | – | – | – | – | – | – | – | 1.0% | +24.9% |
| Asia Pacific | – | – | – | $48.87M | $50.43M | $67.15M | – | – | – | – | – | – |
| Western Hemisphere | – | – | – | $208.12M | $192.29M | $196.89M | – | – | – | – | – | – |
| Eastern Hemisphere | – | – | – | $63.04M | $45.18M | $70.37M | – | – | – | – | – | – |
| Non-US | – | – | $317.60M | $239.60M | $205.70M | – | – | – | – | – | – | – |
From the segment and revenue-disaggregation notes of Innovex International's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.