INVX - NYSE

Innovex International, Inc.

Innovex International, Inc.

INVX·NYSE

$27.35

+1.4%
EnergyOil & Gas Equipment & Services

Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.88B
EPS1.2100
P/E Ratio22.60
Earnings Date08/04/2026
190.91M
Operating Cash Flow
104%
3Y-3385.0%
5Y-1005.0%
10Y-23.0%
-18.74M
Investing Cash Flow
-124%
3Y-50.0%
5Y+233.0%
10Y-88.0%
-44.92M
Financing Cash Flow
-56%
3Y-206.0%
5Y+78.0%
10Y+105.0%
INVX

Innovex International, Inc. Cash Conversion Engine

INVX · NYSE
Net Income83.30M
Depreciation & Amortization60.74M
Stock-Based Compensation0.00
Change in Working Capital19.28M
Others27.59M
Capital Expenditures-35.13M
Free Cash Flow155.78M

Cash Flow Quality Analysis

FCF Conversion Rate

187.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

18.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+95.1%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$19.28M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Innovex International, Inc. Cash Flow Statement

INVX • NYSE

Innovex International, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
Net Income
83.3M
140.3M
604K
63.3M
9.9M
-30.8M
1.7M
-95.7M
-100.6M
93.2M
192M
208.7M
169.8M
119.2M
95.3M
102.2M
105.1M
105.6M
107.9M
86.9M
Depreciation & Amortization
60.7M
39.5M
30.1M
18.5M
30.5M
32.4M
34M
35.3M
41M
31.9M
30.5M
31.2M
29.3M
26.2M
23M
20.9M
18M
16.9M
15.7M
15.1M
Change in Deferred Taxes
0.0
-4.6M
-7.4M
-6.7M
-8.7M
5M
598K
-4.1M
17.2M
-3.4M
-3.5M
-3.1M
-1.2M
338K
-1.5M
-1.9M
-7.9M
-383K
-666K
-4.6M
Stock-Based Compensation
0.0
13.2M
0.0
907K
703K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Other Non-Cash Items
27.6M
-90.4M
76.4M
-2.1M
-2M
55.4M
12.4M
105.9M
75.1M
12.1M
13.2M
11.7M
9M
6M
5.8M
6.7M
5.1M
3.1M
2M
1.4M
Cash Taxes Paid
(0.0)
(5.6M)
(28.4M)
(15M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Change in Working Capital
19.3M
-4.7M
-23.8M
-79.6M
-32.4M
-83.1M
-34M
4.1M
75.4M
112.7M
-42.1M
-99.1M
-44.7M
-159.9M
-20.7M
-20.7M
16M
-84.5M
-42.3M
-5.8M
Cash from Operating Activities
190.9M
93.4M
75.9M
-5.8M
-2M
-21.1M
14.7M
45.5M
108M
246.5M
190.2M
149.3M
162.2M
-8.2M
101.9M
107.2M
136.4M
40.7M
82.7M
93M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
-35.1M
-13.6M
-32.6M
-9.6M
-6.4M
-11.9M
-11.5M
-32.1M
-27.6M
-25.8M
-27.1M
-42.5M
-42.6M
-50.8M
-56.2M
-74.8M
-44.7M
-50.1M
-25.2M
-24.1M
Acquisitions, Net
-83.7M
(88.8M)
-53.5M
-28.9M
-22.2M
(6.3M)
(3M)
(16.9M)
-17.3M
-132.1M
(424K)
(978K)
(760K)
(1.8M)
(2M)
(1.9M)
(424K)
(607K)
(354K)
(843K)
Purchase of Investments
(0.0)
(0.0)
-48.9M
-32.2M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Sale/Maturity of Investments
0.0
0.0
55.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Other Investing Items
100.1M
3.2M
47.4M
33.2M
6.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Cash from Investing Activities
-18.7M
(78.4M)
-32.4M
-37.5M
-22.1M
-5.6M
-8.5M
-15.2M
-44.9M
-157.8M
-26.7M
-41.6M
-41.9M
-49M
-54.2M
-73M
-44.3M
-49.5M
-24.9M
-23.3M
FINANCING ACTIVITIES
Net Issuance of Common Stock
0.0
3.3M
0.0
-1.3M
-331K
-25M
-24.4M
-98.4M
560K
-22M
-73.6M
-187.4M
504K
10.8M
4.2M
12.5M
6.3M
-99.7M
4.8M
19.4M
Net Issuance of Debt
-33M
-21.2M
-45M
44.3M
10.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-39K
-269K
-679K
-695K
-812K
-875K
-591K
Cash Paid for Dividends
(0.0)
-75M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Share Repurchases
(0.0)
(0.0)
(0.0)
-1.3M
-331K
-25M
-26.6M
-100M
(0.0)
-24.2M
-75.8M
-190.2M
-10M
(0.0)
(0.0)
(0.0)
(0.0)
-100M
(0.0)
(0.0)
Other Financing Items
-12M
-10.2M
393K
-719K
0.0
-183K
-183K
-815K
0.0
135K
70K
558K
2.9M
1.5M
1.2M
2.8M
7.8M
399K
6.3M
18.5M
Cash from Financing Activities
-44.9M
-103.1M
-44.6M
42.3M
10.1M
-25.2M
-24.6M
-99.2M
560K
-21.9M
-73.6M
-186.8M
3.4M
12.3M
5.1M
14.6M
13.4M
-100.1M
10.2M
37.3M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates
2.9M
-2.9M
118K
-272K
-145K
-1.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net Change in Cash
130.1M
65.9M
-1M
-1.3M
-14.2M
-53M
-19.2M
-75.1M
69.7M
42.2M
82.6M
-85.7M
127.2M
-41.4M
52.7M
48.1M
101.8M
-105.8M
66.3M
102.7M
Cash at Beginning of Period
73.3M
7.4M
8.4M
9.7M
23.9M
398.9M
418.1M
493.2M
423.5M
381.3M
298.7M
384.4M
257.2M
298.6M
245.9M
197.8M
96M
201.7M
135.4M
32.8M
Cash at End of Period
203.4M
73.3M
7.4M
8.4M
9.7M
346M
398.9M
418.1M
493.2M
423.5M
381.3M
298.7M
384.4M
257.2M
298.6M
245.9M
197.8M
96M
201.7M
135.4M
Free Cash Flow
155.8M
79.8M
60.4M
-15.4M
-8.5M
-33M
3.2M
13.4M
80.4M
220.8M
163.1M
106.8M
119.6M
-58.9M
45.6M
32.3M
91.7M
-9.5M
57.5M
68.9M

SEC Filings

INVX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
View Filing
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
View Filing
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
View Filing
DEF 14A

DEF 14A 2026

N/A

March 27, 2026
March 27, 2026
2026
View Filing
8-K

8-K 2026

N/A

March 11, 2026
March 05, 2026
2026
View Filing
8-K

8-K 2026

N/A

February 27, 2026
February 25, 2026
2026
View Filing
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
View Filing
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
View Filing
8-K

8-K 2025

N/A

November 10, 2025
November 05, 2025
2025
View Filing
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
View Filing
Showing 1 to 10 of 355 filings

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