Innovex International, Inc. (INVX) Form 8-K — Aug 3, 2026
Innovex International reported second quarter 2026 revenue of $245 million, up 9% year-over-year, and net income of $25 million, or $0.36 per share. The company generated $30 million in free cash flow and ended the quarter with $222 million in cash and no bank debt, signaling strong operational execution and financial health. Operationally, Innovex closed the $95 million acquisition of TCO Group AS and secured a $20 million subsea tension riser package in Malaysia. The company also completed its first successful XPak trial with a major independent oil company in Asia, highlighting growing commercial momentum.
Key figures
- Eps
- 0.36
- Revenue
- 244896000
- Net Income
- 25031000
- Total Debt
- 25084000
- Revenue Yoy
- 9%
- Cash Position
- 222055000
- Free Cash Flow
- 30387000
- Roce percent
- 12
- Adjusted EBITDA
- 47997000
- Acquisition value usd
- 95000000
- Legal settlement accrual
- 51607000
Price after filing
Close on the filing date to close N calendar days later (from $26.56). Historical, not a forecast.
AI analysis
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